Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Sep. 30, 2021

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 three months ended September 30,
(in thousands)	2021		2020
Beginning balance	$	50,536	$	50,010
Acquisition of businesses		1,927		-
Purchase accounting adjustment		-		-
Ending balance	$	52,463	$	50,010

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 September 30, 2021							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	$	(2,744	)	$	6,316	$	9,060	$	(2,511	)	$	6,549
Hospital contracts		90		(26	)		64		90		(15	)		75
Non-compete agreements		990		(578	)		412		1,370		(890	)		480
		10,140		(3,348	)		6,792		10,520		(3,416	)		7,104
Investment Management
Investment management agreement		3,900		(2,387	)		1,513		3,900		(2,293	)		1,607
Assembled workforce		526		(322	)		204		526		(309	)		217
		4,426		(2,709	)		1,717		4,426		(2,602	)		1,824
Total	$	14,566	$	(6,057	)	$	8,509	$	14,946	$	(6,018	)	$	8,928

Summary of Amortization Expense of Identifiable Intangible Assets

Aggregate Amortization Expense (in thousands)	2021		2020
For the three months ended September 30,	$	419	$	426

Estimated Future Amortization Expense (in thousands):
For the nine months ending June 30, 2022	$	1,156
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		2,365
Total	$	8,509