XML 37 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assest acquired in acquistion

Intangible assets as a result of the Acquisition of ISP were comprised of:

                 
   Useful life (yrs)   Gross   Amortization through
September 30, 2017
   Net 
Customer relationships   15   $3,590,000   $185,934   $3,404,066 
Backlog   2    366,000    142,169    223,831 
Trade secrets   8    3,272,000    317,745    2,954,255 
Trademarks   8    3,814,000    370,378    3,443,622 
Non-compete agreement   3    27,000    6,992    20,008 
        $11,069,000   $1,023,218   $10,045,782 

 

Schedule of future amortization of intangible assets

Future amortization of intangibles is as follows:

 

Fiscal year ended:     
 June 30, 2018   $987,812 
 June 30, 2019    1,220,664 
 June 30, 2020    1,129,342 
 June 30, 2021    1,125,083 
 June 30, 2022    1,125,083 
 June 30, 2023 and later    4,457,798 
     $10,045,782