GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS

At June 30, 2018 and 2017, intangible assets consisted of the following (in thousands):

		June 30,
		2018							2017
	Estimated Useful Lives	Original Amount		Accumulated Amortization			Net Amount		Original Amount		Accumulated Amortization			Net Amount
Customer relationships	7 years	$	3,007	$	(919	)	$	2,088	$	3,007	$	(490	)	$	2,517
Permits	6 - 15 years	1,459		(390		)	1,069		1,373		(288		)	1,085
Patents	5 - 17 years	383		(278		)	105		383		(264		)	119
Tradename	7 years	270		(77		)	193		270		(39		)	231
Non-compete	5 years	117		(47		)	70		117		(23		)	94
Total intangible assets, net		$	5,236	$	(1,711	)	$	3,525	$	5,150	$	(1,104	)	$	4,046

During the years ended June 30, 2018, 2017 and 2016 amortization expense was $0.6 million, $0.6 million and $0.1 million, respectively.

The changes in the carrying amount of goodwill since June 30, 2016 was as follows (in thousands):

	Year Ended June 30,
	2018		2017
Beginning Balance	$	6,735	$	1,039
Goodwill Acquired	—		5,696
Ending Balance	$	6,735	$	6,735

As of June 30, 2018, future amortization of intangible assets is as follows (in thousands):

Year Ending June 30,
2019	$	617
2020	621
2021	620
2022	595
2023	534
Thereafter	538
	$	3,525