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Recent Accounting Pronouncements and Supplemental Information (Tables)
 9 Months Ended
Mar. 31, 2022
Recent Accounting Pronouncements and Supplemental Information [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill are summarized as follows:
(Amounts in Thousands)Gross GoodwillAccumulated ImpairmentNet Carrying Amount
June 30, 2020$12,893 $(1,733)$11,160 
Additions70,802 — 70,802 
June 30, 202183,695 (1,733)81,962 
Impairment— (34,118)(34,118)
March 31, 2022$83,695 $(35,851)$47,844 
Schedule of Finite-Lived Intangible Assets A summary of intangible assets subject to amortization is as follows:
 March 31, 2022June 30, 2021
(Amounts in Thousands)CostAccumulated
Amortization		Net ValueCostAccumulated
Amortization		Net Value
Capitalized Software$45,181 $34,992 $10,189 $43,200 $34,058 $9,142 
Customer Relationships19,050 6,016 13,034 19,050 3,936 15,114 
Trade Names36,570 5,897 30,673 36,570 3,154 33,416 
Acquired Technology7,000 1,312 5,688 7,000 559 6,441 
Patents and Trademarks354 39 315 354 16 338 
Non-Compete Agreements100 88 12 100 73 27 
Other Intangible Assets$108,255 $48,344 $59,911 $106,274 $41,796 $64,478 
A summary of the useful lives of intangible assets subject to amortization is as follows:
Years
Capitalized Software
2 to 13
Customer Relationships
10 to 20
Trade Names
10
Acquired Technology
7
Patents
14
Trademarks
15
Non-Compete Agreements
5
Components of Non-operating income (expense), net
Other General (Income) Expense includes the gain related to the sale of a warehouse during the third quarter of fiscal year 2022.
 Three Months EndedNine Months Ended
 March 31March 31
(Amounts in Thousands)2022202120222021
Other General (Income) Expense$(4,523)$— $(4,523)$— 
Components of the Non-operating income (expense), net line, were:
 Three Months EndedNine Months Ended
 March 31March 31
(Amounts in Thousands)2022202120222021
Gain (Loss) on SERP Investments$(887)$428 $(300)$2,567 
Other17 (117)(47)(133)
Non-operating income (expense), net$(870)$311 $(347)$2,434 
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques The following methods and assumptions were used to measure fair value:
Financial InstrumentLevelValuation Technique/Inputs Used
Cash Equivalents: Money market funds1Market - Quoted market prices
Trading securities: Mutual funds held in nonqualified SERP1Market - Quoted market prices
Derivative Assets: Stock warrants3
Market - The privately-held company is in a start-up phase. The pricing of recent purchases or sales of the investment are considered, if any, as well as positive and negative qualitative evidence, in the assessment of fair value. The value of the stock warrants fluctuates primarily in relation to the value of the privately-held company's underlying securities.
Derivative Asset: Interest Rate Swap2Market - Based on observable market inputs using standard calculations, such as time value, forward interest rate yield curves, and current spot rates adjusted for Kimball International's non-performance risk.
Contingent earn-out liability3Income - Based on a valuation model that measures the present value of the probable cash payments based upon the forecasted operating performance of the acquisition and a discount rate that captures the risk associated with the liability.
Financial instruments that are not reflected in the Condensed Consolidated Balance Sheets at fair value that have carrying amounts which approximate fair value include the following:
Financial Instrument LevelValuation Technique/Inputs Used
Notes receivable2Market - Price approximated based on the assumed collection of receivables in the normal course of business, taking into account the customer’s non-performance risk.
Equity securities without readily determinable fair value3Cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Impairment is assessed qualitatively.