Note I - Intangible Assets

3 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

I. Intangible Assets

As of September 30, 2022, 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, 2022	$	39,845		$	(26,835	)	$	13,010		$	7,636		$	3,238		$	972		$	1,164
Addition		9			-			9			-			-			-			9
Reduction		(10,506	)		10,506			-
Amortization		-			(698	)		(698	)		(323	)		(260	)		(39	)		(76	)
Translation adjustment		(761	)		-			(761	)		(487	)		0			(265	)		(9	)
Balance at September 30, 2022	$	28,587		$	(17,027	)	$	11,560		$	6,826		$	2,978		$	668		$	1,088

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 $698 and $826 for the quarters ended September 30, 2022, and September 24, 2021, respectively. Estimated intangible amortization expense for the remainder of fiscal 2023 and each of the next five fiscal years is as follows:

Fiscal Year
2023	$	2,013
2024		2,582
2025		2,440
2026		1,611
2027		989
2028		958
Thereafter		967