GOODWILL AND INTANGIBLES

Intangible asset balances and goodwill consisted of the following:



	As of March 31, 2019
($ in thousands)	Gross		Accumulated Amortization			Net		Amortization Period
Intangible assets:
Non-compete agreements	$	2	$	(2	)	$	—	2 years
Brand and tradenames	1,695		(413		)	1,282		3 - 7 years
Developed technology	10,939		(2,804		)	8,135		5 - 6 years
Customer relationships	19,049		(1,510		)	17,539		10 - 18 years
Total intangible assets	$	31,685	$	(4,729	)	$	26,956

Goodwill	64,149		—			64,149		Indefinite

Total intangible assets & goodwill	$	95,834	$	(4,729	)	$	91,105



	As of June 30, 2018
($ in thousands)	Gross		Accumulated Amortization			Net		Amortization Period
Intangible assets:
Non-compete agreements	$	2	$	(2	)	$	—	2 years
Brand	1,695		(226		)	1,469		3 - 7 years
Developed technology	10,939		(1,421		)	9,518		5 - 6 years
Customer relationships	19,049		(711		)	18,338		10 - 18 years
Total intangible assets	$	31,685	$	(2,360	)	$	29,325

Goodwill	64,149		—			64,149		Indefinite

Total intangible assets & goodwill	$	95,834	$	(2,360	)	$	93,474

For the three and nine months ended March 31, 2019 there was $0.8 million and $2.4 million in amortization expense related to intangible assets, respectively, as compared to the three and nine months ended March 31, 2018, for which there was $0.8 million and $1.3 million in amortization expense related to intangible assets, respectively.

As set forth in the Merger Agreement, the Company finalized a post-working capital adjustment of $0.3 million during the quarter ended March 31, 2018. Accordingly, this post-working capital adjustment is reflected within goodwill as of June 30, 2018.