Intellectual Property

9 Months Ended

Mar. 31, 2017

Intangible Assets Net Excluding Goodwill [Abstract]

Intellectual Property

9.      Intellectual property — Our intellectual property primarily consists of indefinite lived trademarks. We evaluate annually whether the trademarks continue to have an indefinite life. Trademarks and other intellectual property are reviewed for impairment annually in the fourth quarter, and may be reviewed more frequently if indicators of impairment are present. As of March 31, 2017, the carrying value of the intellectual property was $1.3 million and no impairment was identified or recorded.