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Goodwill and Other Intangible Assets, Net (Tables)
12 Months Ended
Jun. 29, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Segment
The following table presents goodwill by segment and the related change in the net carrying amount:
Consumer
Floral &
Gifts
BloomNetGourmet
Foods &
Gift
Baskets
Total
(in thousands)
Balance at July 2, 2023 (a)$153,376 $$$153,376 
Measurement period adjustment for Things Remembered201 201 
Acquisition of Card Isle2,960 2,960 
Balance at June 30, 2024 (a) $153,577 $2,960 $$156,537 
Acquisition of Scharffen Berger111 111 
Impairment(119,023)(119,023)
Balance at June 29, 2025 (b)$34,554 $2,960 $111 $37,625 
(a) The total carrying value of goodwill is reflected net of $133.4 million of accumulated impairment charges related to the Gourmet Foods & Gift Baskets reporting unit.
(b) The total carrying value of goodwill is reflected net of $252.4 million of accumulated impairment charges, of which $119.0 million is related to the Consumer Floral & Gifts reporting unit and $133.4 million is related to the Gourmet Foods & Gift Baskets reporting unit.
Schedule of Finite-Lived Intangible Assets
The Company’s other intangible assets, net consist of the following:
June 29, 2025June 30, 2024
Amortization
Period (1)
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
(in years)(in thousands)
Intangible assets with determinable lives
Investment in licenses
14 - 16
$7,420 $6,780 $640 $7,420 $6,674 $746 
Customer lists
3 - 10
29,647 27,818 1,829 29,647 25,932 3,715 
Other
5 - 14
2,946 2,724 222 2,946 2,664 282 
Total intangible assets with determinable lives40,013 37,322 2,691 40,013 35,270 4,743 
Trademarks with indefinite lives86,673 86,673 111,473 111,473 
Total identifiable intangible assets$126,686 $37,322 $89,364 $151,486 $35,270 $116,216 
(1)The amortization of intangible assets for the years ended June 29, 2025, June 30, 2024 and July 2, 2023 was $2.0 million, $4.4 million and $4.2 million, respectively. Future estimated amortization expense is as follows: 2026 - $1.4 million, 2027 - $0.6 million, 2028 -$0.3 million, 2029 -$0.2 million, 2030 -$0.1 million, and thereafter -$0.1 million.
Schedule of Indefinite-Lived Intangible Assets
The Company’s other intangible assets, net consist of the following:
June 29, 2025June 30, 2024
Amortization
Period (1)
Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
(in years)(in thousands)
Intangible assets with determinable lives
Investment in licenses
14 - 16
$7,420 $6,780 $640 $7,420 $6,674 $746 
Customer lists
3 - 10
29,647 27,818 1,829 29,647 25,932 3,715 
Other
5 - 14
2,946 2,724 222 2,946 2,664 282 
Total intangible assets with determinable lives40,013 37,322 2,691 40,013 35,270 4,743 
Trademarks with indefinite lives86,673 86,673 111,473 111,473 
Total identifiable intangible assets$126,686 $37,322 $89,364 $151,486 $35,270 $116,216 
(1)The amortization of intangible assets for the years ended June 29, 2025, June 30, 2024 and July 2, 2023 was $2.0 million, $4.4 million and $4.2 million, respectively. Future estimated amortization expense is as follows: 2026 - $1.4 million, 2027 - $0.6 million, 2028 -$0.3 million, 2029 -$0.2 million, 2030 -$0.1 million, and thereafter -$0.1 million.