XML 28 R15.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill And Other Intangible Assets
12 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Other Intangible Assets Goodwill and Other Intangible Assets
Goodwill attributable to the Retail and Foodservice segments was $157.4 million and $51.0 million, respectively, at June 30, 2020 and 2019.
 
 
 
 
 
 

The following table summarizes our identifiable other intangible assets at June 30:
 
2020
 
2019
Tradenames (20 to 30-year life)
 
 
 
Gross carrying value
$
63,121

 
$
63,121

Accumulated amortization
(9,925
)
 
(7,335
)
Net carrying value
$
53,196

 
$
55,786

Customer Relationships (10 to 15-year life)
 
 
 
Gross carrying value
$
17,507

 
$
17,507

Accumulated amortization
(11,094
)
 
(9,641
)
Net carrying value
$
6,413

 
$
7,866

Technology / Know-how (10-year life)
 
 
 
Gross carrying value
$
8,950

 
$
8,950

Accumulated amortization
(3,396
)
 
(2,501
)
Net carrying value
$
5,554

 
$
6,449

Non-compete Agreements (5-year life)
 
 
 
Gross carrying value
$
791

 
$
791

Accumulated amortization
(738
)
 
(615
)
Net carrying value
$
53

 
$
176

Total net carrying value
$
65,216

 
$
70,277


Amortization expense for our other intangible assets, which is reflected in Selling, General and Administrative Expenses, was as follows in each of the years ended June 30:
 
2020
 
2019
 
2018
Amortization expense
$
5,061

 
$
4,599

 
$
3,986


Total annual amortization expense for each of the next five years is estimated to be as follows:
 
 
2021
$
4,976

2022
$
4,902

2023
$
4,343

2024
$
4,343

2025
$
4,083