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Goodwill and Intangible Assets (Tables)
3 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets  
Summary of intangible assets

The following table summarizes the Company's intangible assets (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of September 30, 2018

 

As of June 30, 2018

 

 

 

Gross

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

Carrying

 

Accumulated

 

Net Carrying

 

Carrying

 

Accumulated

 

Net Carrying

 

Intangible assets:

    

Amount

    

Amortization

    

Amount

     

Amount

    

Amortization

    

Amount

 

Patents and tradenames

 

$

3,418

 

 

(1,002)

 

$

2,416

 

$

3,418

 

$

(945)

 

$

2,473

 

Customer relationships

 

 

24,077

 

 

(11,443)

 

 

12,634

 

 

24,077

 

 

(10,838)

 

 

13,239

 

Non-compete agreements

 

 

3,654

 

 

(3,278)

 

 

376

 

 

3,654

 

 

(3,096)

 

 

558

 

Total

 

$

31,149

 

$

(15,723)

 

$

15,426

 

$

31,149

 

$

(14,879)

 

$

16,270

 

 

Schedule of estimated future amortization expense of intangible assets

Estimated future amortization expense for the next five years as of September 30, 2018, is as follows (in thousands):

 

 

 

 

 

 

Fiscal Years

    

Amount

 

2019

 

$

2,348

 

2020

 

 

2,636

 

2021

 

 

2,636

 

2022

 

 

2,636

 

2023

 

 

2,636

 

Thereafter

 

 

2,534

 

Total

 

$

15,426