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Intangibles
6 Months Ended
Dec. 29, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles Intangibles
The following tables present details of the Company’s intangibles:
(in thousands)Gross
Carrying
Amount
Accumulated
Amortization
Net
As of December 29, 2023
Software$11,165 $(8,616)$2,549 
(in thousands)Gross
Carrying
Amount
Accumulated
Amortization
Net
As of June 30, 2023
Software$10,533 $(8,139)$2,394 
The Company recorded amortization expense relating to intangibles of $0.3 million and $0.4 million for the three months ended December 29, 2023 and December 30, 2022, respectively, and $0.6 million and $0.8 million for the six months ended December 29, 2023 and December 30, 2022, respectively.
The weighted-average remaining life of software and customer relationships was:
(years)
As of
December 29, 2023
As of
June 30, 2023
Software2.43.1
Based on the carrying amount of intangibles as of December 29, 2023, and assuming no future impairment of the underlying assets, the estimated future amortization during each fiscal year was as follows:
(in thousands) 
2024 (remaining six months)$496 
2025831 
2026586 
2027391 
2028219 
Thereafter26 
Total$2,549