v3.4.0.3
Intangibles
9 Months Ended
Mar. 25, 2016
Intangibles
8. Intangibles

The following tables present details of the Company’s intangibles:

 

(amount in thousands)    Gross Carrying
Amount
     Accumulated
Amortization
     Net  

As of March 25, 2016

        

Software

   $ 3,631       $ (3,262    $ 369   
  

 

 

    

 

 

    

 

 

 

Total intangibles

   $ 3,631       $ (3,262    $ 369   
  

 

 

    

 

 

    

 

 

 
(amount in thousands)    Gross Carrying
Amount
     Accumulated
Amortization
     Net  

As of June 26, 2015

        

Software

   $ 3,357       $ (3,220    $ 137   
  

 

 

    

 

 

    

 

 

 

Total intangibles

   $ 3,357       $ (3,220    $ 137   
  

 

 

    

 

 

    

 

 

 

The Company recorded amortization expense relating to intangibles of $0.02 million and $0.02 million for the three months ended March 25, 2016 and March 27, 2015, respectively, and $0.04 million and $0.06 million for the nine months ended March 25, 2016 and March 27, 2015, respectively.

Based on the carrying amount of intangibles as of March 25, 2016, and assuming no future impairment of the underlying assets, the estimated future amortization during each fiscal year was as follows:

 

(amount in thousands)       

2016

   $ 22   

2017

     86   

2018

     84   

2019

     83   

2020

     71   

Thereafter

     23   
  

 

 

 

Total

   $ 369