GOODWILL AND INTANGIBLES

9 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE

GOODWILL AND INTANGIBLES

Intangible asset balances and goodwill consisted of the following:

	As of March 31, 2020
($ in thousands)	Gross		Accumulated Amortization			Net		Amortization Period
Intangible assets:
Non-compete agreements	$	2	$	(2	)	$	—	2 years
Brand and tradenames	1,695		(642		)	1,053		3 - 7 years
Developed technology	10,939		(4,649		)	6,290		5 - 6 years
Customer relationships	19,049		(2,574		)	16,475		10 - 18 years
Total intangible assets	$	31,685	$	(7,867	)	$	23,818
Goodwill	63,945		—			63,945		Indefinite
Total intangible assets & goodwill	$	95,630	$	(7,867	)	$	87,763

	As of June 30, 2019
($ in thousands)	Gross		Accumulated Amortization			Net		Amortization Period
Intangible assets:
Non-compete agreements	$	2	$	(2	)	$	—	2 years
Brand and tradenames	1,695		(470		)	1,225		3 - 7 years
Developed technology	10,939		(3,266		)	7,673		5 - 6 years
Customer relationships	19,049		(1,776		)	17,273		10 - 18 years
Total intangible assets	$	31,685	$	(5,514	)	$	26,171
Goodwill	63,945		—			63,945		Indefinite
Total intangible assets & goodwill	$	95,630	$	(5,514	)	$	90,116

For the three and nine months ended March 31, 2020 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, 2019, for which there was $0.8 million and $2.4 million in amortization expense related to intangible assets, respectively.