Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Mar. 31, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Value of Goodwill

The changes in the carrying value of goodwill are as follows:

	For the nine months ended March 31,
(in thousands)	2022		2021
Beginning balance	$	50,536	$	50,010
Acquisition of businesses		1,927		648
Purchase accounting adjustment		-		-
Ending balance	$	52,463	$	50,658

Summary of Identifiable Intangible Assets

The following tables provide details associated with the Company’s identifiable intangible assets subject to amortization (dollar amounts in thousands):

	As of March 31, 2022							As of June 30, 2021
(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Durable Medical Equipment
Tradename	$	9,060	$	(3,207	)	$	5,853	$	9,060	$	(2,511	)	$	6,549
Hospital contracts		90		(43	)		47		90		(15	)		75
Non-compete agreements		990		(681	)		309		1,370		(890	)		480
		10,140		(3,931	)		6,209		10,520		(3,416	)		7,104
Investment Management
Investment management agreement		3,900		(2,557	)		1,343		3,900		(2,293	)		1,607
Assembled workforce		526		(345	)		181		526		(309	)		217
		4,426		(2,902	)		1,524		4,426		(2,602	)		1,824
Total	$	14,566	$	(6,833	)	$	7,733	$	14,946	$	(6,018	)	$	8,928

Summary of Amortization Expense of Identifiable Intangible Assets

Aggregate Amortization Expense (in thousands)	2022		2021
For the three months ended March 31,	$	376	$	413
For the nine months ended March 31,		1,195		1,261

Estimated Future Amortization Expense (in thousands):
For the three months ending June 30, 2022	$	377
For the year ending June 30, 2023		1,469
For the year ending June 30, 2024		1,267
For the year ending June 30, 2025		1,157
For the year ending June 30, 2026		1,095
Thereafter		2,368
Total	$	7,733