v3.22.4
Intangibles
 6 Months Ended
Dec. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles Intangibles
The following tables present details of the Company’s intangibles:
(in thousands)Gross
Carrying
Amount		Accumulated
Amortization		Foreign
Currency
Translation
Adjustment		Net
As of December 30, 2022
Software$11,046 $(8,262)$— $2,784 
Customer relationships4,373 (3,784)(54)535 
Total intangibles$15,419 $(12,046)$(54)$3,319 
(in thousands)Gross
Carrying
Amount		Accumulated
Amortization		Foreign
Currency
Translation
Adjustment		Net
As of June 24, 2022
Software$10,484 $(7,681)$— $2,803 
Customer relationships4,373 (3,610)(58)705 
Backlog119 (119)— — 
Total intangibles$14,976 $(11,410)$(58)$3,508 
The Company recorded amortization expense relating to intangibles of $0.4 million for each of the three months ended December 30, 2022 and December 24, 2021, and $0.8 million for each of the six months ended December 30, 2022 and December 24, 2021.
The weighted-average remaining life of software and customer relationships was:
(years)
As of
December 30, 2022
As of
June 24, 2022
Software3.43.8
Customer relationships2.83.1
Total intangibles3.53.8
Based on the carrying amount of intangibles as of December 30, 2022, and assuming no future impairment of the underlying assets, the estimated future amortization during each fiscal year was as follows:
(in thousands) 
2023 (remaining six months)$666 
20241,201 
2025725 
2026508 
2027192 
Thereafter27 
Total$3,319