Note I - Intangible Assets

6 Months Ended

Dec. 27, 2024

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

I.         Intangible Assets

As of December 27, 2024, 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			Total
Balance at June 30, 2024	$	34,533		$	(21,847	)	$	12,686		$	6,720		$	2,098		$	1,511		$	2,357		$	12,686
Addition		203			-			203			-			-			-			203			203
Amortization		-			(1,806	)		(1,806	)		(650	)		(627	)		(125	)		(404	)		(1,806	)
Translation adjustment		(227	)		-			(227	)		(156	)		(50	)		(18	)		(3	)		(227	)
Balance at December 27, 2024	$	34,509		$	(23,653	)	$	10,856		$	5,914		$	1,421		$	1,368		$	2,153		$	10,856

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 5 years.

Intangible amortization expense was $880 and $817 for the quarters ended December 27, 2024, and December 29, 2023, respectively. Intangible amortization expense was $1,806 and $1,636 for the two quarters ended December 27, 2024, and December 29, 2023, respectively. Estimated intangible amortization expense for the remainder of fiscal 2025 and each of the next five fiscal years and thereafter is as follows:

Fiscal Year
2025	$	1,678
2026		2,552
2027		1,992
2028		1,785
2029		1,331
2030		307
Thereafter		1,211
	$	10,856