Acquisition (Tables)

9 Months Ended

Mar. 31, 2017

China Mist Brands, Inc

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of consideration transferred as of the acquisition date:

(In thousands)	Fair Value			Estimated Useful Life (years)
Cash paid, net of cash acquired	$	11,183
Contingent consideration	500
Total consideration	$	11,683
Accounts receivable	$	811
Inventory	544
Prepaid assets	48
Property, plant and equipment	212
Goodwill	1,871
Intangible assets:
Recipes	930			7
Non-compete agreement	100			5
Customer relationships	450			10
Trade name/Trademark—finite-lived	7,100			10
Accounts payable	(383		)
Total consideration, net of cash acquired	$	11,683

West Coast Coffee, Inc.

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of consideration transferred as of the acquisition date:

(In thousands)	Fair Value			Estimated Useful Life (years)
Cash paid, net of cash acquired	$	14,671
Contingent consideration	600
Total consideration	$	15,271
Accounts receivable	$	955
Inventory	939
Prepaid assets	20
Property, plant and equipment	1,546
Goodwill	7,797
Intangible assets:
Non-compete agreements	100			5
Customer relationships	4,400			10
Trade name—finite-lived	260			7
Brand name—finite-lived	250			1.7
Accounts payable	(814		)
Other liabilities	(182		)
Total consideration, net of cash acquired	$	15,271