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Goodwill and Intangible Assets (Tables)
9 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure
The following is a summary of the Company’s amortized and unamortized intangible assets other than goodwill:
 
 
 
March 31, 2018
 
June 30, 2017
(In thousands)
 
Gross Carrying
Amount(1)
 
Accumulated
Amortization(1)
 
Gross Carrying
Amount
 
Accumulated
Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
 
Customer relationships(2)
 
$
33,003

 
$
(12,300
)
 
$
17,353

 
$
(10,883
)
Non-compete agreements
 
220

 
(71
)
 
220

 
(38
)
Recipes
 
930

 
(188
)
 
930

 
(88
)
Trade name/brand name
 
510

 
(225
)
 
510

 
(84
)
Total amortized intangible assets
 
$
34,663

 
$
(12,784
)
 
$
19,013

 
$
(11,093
)
Unamortized intangible assets:
 
 
 
 
 
 
 
 
Trademarks, trade names and brand name with indefinite lives(3)
 
$
10,328

 
$

 
$
10,698

 
$

Total unamortized intangible assets
 
$
10,328

 
$

 
$
10,698

 
$

     Total intangible assets
 
$
44,991

 
$
(12,784
)
 
$
29,711

 
$
(11,093
)
___________
(1) Reflects the preliminary purchase price allocation for the acquisition of the Boyd Business. Subject to change based on numerous factors, including the final estimated fair value of the assets acquired and the liabilities assumed and the amount of the final post-closing net working capital adjustment. Adjustments in the purchase price allocation may require an adjustment of the amounts allocated to goodwill.