Intangible Assets

12 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 10. Intangible Assets

The following is a summary of the Company’s amortized and unamortized intangible assets:

		As of June 30,
	Weighted Average Amortization Period as of June 30, 2025	2025						2024
(In thousands)		Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Amortized intangible assets:
Customer relationships	2.1	$	33,003	$	(28,492)	$	4,511	$	33,003	$	(26,292)	$	6,711
Total amortized intangible assets		33,003		(28,492)		4,511		33,003		(26,292)		6,711
Unamortized intangible assets:
Trademarks, trade names and brand name with indefinite lives		4,522		—		4,522		4,522		—		4,522
Total unamortized intangible assets		4,522		—		4,522		4,522		—		4,522
Total intangible assets		$	37,525	$	(28,492)	$	9,033	$	37,525	$	(26,292)	$	11,233

There were no indefinite-lived intangible asset impairment charges recorded in the fiscal years ended June 30, 2025 and 2024.

The Company also assesses the recoverability of certain finite-lived intangible assets. No impairment was recorded for the finite-lived intangibles for the years ended June 30, 2025 and 2024. Amortization expense for the year ended June 30, 2025 was $2.2 million. Amortization expense for the years ended June 30, 2024 was $2.3 million.

At June 30, 2025, future annual amortization of finite-lived intangible assets for the fiscal years 2026 through 2028 is estimated to be (in thousands):

For the fiscal year ending:
June 30, 2026	$	2,200
June 30, 2027	1,910
June 30, 2028	401
Total	$	4,511