Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v3.2.0.727
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of other purchased intangible assets
The carrying value of other purchased intangibles as of June 30, 2015 and June 30, 2014 is as described below:
dollar amounts in thousands
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2015
 
June 30, 2014
 
Estimated Useful Lives (Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Book Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Book Value
Trade-name
Indefinite
 
$
454

 
$
—

 
$
454

 
$
454

 
$
—

 
$
454

Existing customer relationships
5 - 15
 
5,747

 
(3,832
)
 
1,915

 
5,747

 
(3,448
)
 
2,299

Non-compete and other
4
 
2,000

 
(2,000
)
 
—

 
2,000

 
(2,000
)
 
—

Employment agreement
3
 
195

 
(195
)
 
—

 
195

 
(195
)
 
—

Purchased intangibles subject to amortization
 
 
7,942

 
(6,027
)
 
1,915

 
7,942

 
(5,643
)
 
2,299

 
 
 
$
8,396

 
$
(6,027
)
 
$
2,369

 
$
8,396

 
$
(5,643
)
 
$
2,753

Schedule of future amortization expense
Estimated amortization expense on an annual basis for the succeeding five years is as follows (in thousands):
Fiscal year ending June 30,
 
Amount
2016
 
$
385

2017
 
385

2018
 
385

2019
 
385

2020
 
375

Thereafter
 
—

Total
 
$
1,915