Note I - Intangible Assets

6 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

I. Intangible Assets

As of December 31, 2021, the following acquired intangible assets have definite useful lives and are subject to amortization:

	Net Book Value Rollforward									Net Book Value By Asset Type
	Gross Carrying Amount			Accumulated Amortization / Impairment			Net Book Value			Customer Relationships			Technology Know-how			Trade Name			Other
Balance at June 30, 2021	$	41,142		$	(23,662	)	$	17,480		$	10,321		$	4,883		$	1,282		$	994
Addition		4			-		$	4			-			-			-			4
Amortization		-			(1,630	)	$	(1,630	)		(826	)		(600	)		(90	)		(114	)
Translation adjustment		(645	)		-		$	(645	)		(403	)		(186	)		(50	)		(6	)
Balance at December 31, 2021	$	40,501		$	(25,292	)	$	15,209		$	9,092		$	4,097		$	1,142		$	878

Other intangibles consist mainly of computer software. Amortization is recorded on the basis of straight-line or accelerated, as appropriate, over the estimated useful lives of the assets.

The weighted average remaining useful life of the intangible assets included in the table above is approximately 7 years.

Intangible amortization expense was $804 and $843 for the quarters ended December 31, 2021, and December 25, 2020, respectively. Intangible amortization expense was $1,630 and $1,678 for the two quarters ended December 31, 2021, and December 25, 2020, respectively. Estimated intangible amortization expense for the remainder of fiscal 2022 and each of the next five fiscal years and thereafter is as follows:

Fiscal Year
2022	1,639
2023	3,022
2024	2,872
2025	2,722
2026	1,376
Thereafter	3,578