Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Jun. 30, 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 years ended June 30,
(in thousands)	2022		2021
Beginning Balance	$	50,536	$	50,010
Acquisitions		1,927		648
Purchase accounting adjustment		-		(122	)
Ending Balance	$	52,463	$	50,536

Summary of Acquired Identifiable Intangible Assets

The following tables provide additional detail related to the Company’s acquired identifiable intangible assets:

	As of June 30, 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	$	(3,443	)	$	5,617	$	9,060	$	(2,511	)	$	6,549
Hospital Contracts		90		(49	)		41		90		(15	)		75
Non-compete agreements		1,370		(1,107	)		263		1,370		(890	)		480
		10,520		(4,599	)		5,921		10,520		(3,416	)		7,104
Investment Management
Investment management agreements		15,264		(2,753	)		12,511		3,900		(2,293	)		1,607
Assembled workforces		1,103		(364	)		739		526		(309	)		217
		16,367		(3,117	)		13,250		4,426		(2,602	)		1,824
Total	$	26,887	$	(7,716	)	$	19,171	$	14,946	$	(6,018	)	$	8,928

Summary of Amortization Expense of Identifiable Intangible Assets

Aggregate Amortization Expense (in thousands):
For the year ended June 30, 2022	$	1,698
For the year ended June 30, 2021		1,690

Estimated Future Amortization Expense (in thousands):
For the year ending June 30, 2023	$	2,283
For the year ending June 30, 2024		2,084
For the year ending June 30, 2025		1,974
For the year ending June 30, 2026		1,912
For the year ending June 30, 2027		1,838
Thereafter		9,080
Total		19,171