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Goodwill and Intangible Assets | 12 Months Ended
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Jun. 30, 2020
Goodwill and Intangible Assets |
Goodwill and Intangible Assets | (9) Goodwill and Intangible Assets ​ The following table summarizes changes in goodwill during the year ended June 30, 2020: ​
​ | ​ | ​ | ​ | ​
Balance at June 30, 2019 | ​ | $ | 9,590 | ​
Additions attributable to current year acquisition | ​ | ​ | 12,065 | ​
Balance at June 30, 2020 | ​ | $ | 21,655 | ​
​ Refer to Note 6 for further details on the current year acquisition. ​ The Company’s amortizable intangible assets and estimated useful lives are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | June 30, | ​ | June 30, | ​ | Useful | ​
​ |  | 2019 |  | 2020 |  | Life |
Client relationships | ​ | $ | 18,130 | ​ | $ | 19,200 | ​ | 5 - 9 years | ​
Proprietary technology | ​ | ​ | — | ​ | ​ | 2,962 | ​ | 5 years | ​
Non-solicitation agreements | ​ |  | 600 | ​ | ​ | 1,350 | ​ | 2 - 4 years | ​
Trade name | ​ | ​ | — | ​ | ​ | 350 | ​ | 5 years | ​
Total | ​ |  | 18,730 | ​ | ​ | 23,862 | ​ | ​ | ​
Accumulated amortization | ​ |  | (7,979) | ​ | ​ | (10,502) | ​ | ​ | ​
Intangible assets, net | ​ | $ | 10,751 | ​ | $ | 13,360 | ​ | ​ | ​
​ Amortization expense for acquired intangible assets was $1,695, $2,251 and $2,523 for the years ended June 30, 2018, 2019 and 2020, respectively. Future amortization expense for acquired intangible assets is as follows, as of June 30, 2020: ​
​ | ​ | ​ | ​ | ​
Fiscal 2021 | ​ | $ | 3,377 | ​
Fiscal 2022 | ​ |  | 3,358 | ​
Fiscal 2023 | ​ |  | 3,185 | ​
Fiscal 2024 | ​ |  | 2,232 | ​
Fiscal 2025 | ​ |  | 1,208 | ​
Total | ​ | $ | 13,360 | ​
​

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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