v3.21.1
Intangibles
9 Months Ended
Mar. 26, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles Intangibles
The following tables present details of the Company’s intangibles:
(amount in thousands)Gross
Carrying
Amount
Accumulated
Amortization
Foreign
Currency
Translation
Adjustment
Net
As of March 26, 2021
Software$9,611 $(6,376)$— $3,235 
Customer relationships4,373 (3,077)45 1,341 
Backlog119 (119)— — 
Total intangibles$14,103 $(9,572)$45 $4,576 
(amount in thousands)Gross
Carrying
Amount
Accumulated
Amortization
Foreign
Currency
Translation
Adjustment
Net
As of June 26, 2020
Software$8,317 $(5,577)$— $2,740 
Customer relationships4,373 (2,691)(110)1,572 
Backlog119 (119)— — 
Total intangibles$12,809 $(8,387)$(110)$4,312 
The Company recorded amortization expense relating to intangibles of $0.5 million and $0.3 million for the three months ended March 26, 2021 and March 27, 2020, respectively, and $1.2 million and $0.9 million for the nine months ended March 26, 2021 and March 27, 2020, respectively.
The weighted-average remaining life of customer relationships was:
(years)
As of
March 26, 2021
As of
June 26, 2020
Customer relationships4.14.6
Based on the carrying amount of intangibles as of March 26, 2021, and assuming no future impairment of the underlying assets, the estimated future amortization during each fiscal year was as follows:
(amount in thousands) 
2021 (remaining three months)
$409 
20221,437 
20231,148 
2024818 
2025543 
Thereafter221 
Total$4,576