Intangible Assets

12 Months Ended

Jul. 03, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

Intangible assets consisted of the following:

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted Average Useful Life
July 3, 2020
Customer relationships	$	181,960	$	(48,450)	$	133,510	11.4 years
Licensing agreements and patents	1,505		(1,404)		101		3.5 years
Completed technologies	107,992		(34,522)		73,470		9.2 years
Backlog	3,200		(1,533)		1,667		2.0 years
	$	294,657	$	(85,909)	$	208,748
June 30, 2019
Customer relationships	$	167,460	$	(38,308)	$	129,152	11.4 years
Licensing agreements and patents	1,505		(1,022)		483		3.5 years
Completed technologies	97,592		(22,246)		75,346		9.0 years
Backlog	1,610		(467)		1,143		1.6 years
	$	268,167	$	(62,043)	$	206,124

Estimated future amortization expense for intangible assets remaining at July 3, 2020 is as follows:

Fiscal Year	Totals
2021	$	30,326
2022	29,114
2023	26,857
2024	23,614
2025	22,034
Thereafter	76,803
Total future amortization expense	$	208,748