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Goodwill And Other Intangible Assets
6 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Other Intangible Assets
Goodwill and Other Intangible Assets
Goodwill attributable to the Retail and Foodservice segments was $160.3 million and $51.0 million, respectively, at December 31, 2018 compared to $119.3 million and $48.7 million, respectively, at June 30, 2018. The increase in goodwill is the result of the acquisitions of Bantam in October 2018 and Omni in November 2018. See further discussion in Note 2.
The following table is a rollforward of goodwill by reportable segment from June 30, 2018 to December 31, 2018:
 
Retail
 
Foodservice
 
Total
Goodwill at beginning of year
$
119,301

 
$
48,729

 
$
168,030

Goodwill acquired during the period - Bantam
19,844

 
2,287

 
22,131

Goodwill acquired during the period - Omni
21,186

 

 
21,186

Goodwill at end of period
$
160,331

 
$
51,016

 
$
211,347


The following table summarizes our identifiable other intangible assets. The intangible asset values and lives related to the acquisition of Bantam, which are included in the table below, are preliminary and subject to further review over the measurement period. See further discussion in Note 2.
 
December 31, 
 2018
 
June 30, 
 2018
Tradenames (20 to 30-year life)
 
 
 
Gross carrying value
$
63,121

 
$
50,321

Accumulated amortization
(6,041
)
 
(5,071
)
Net carrying value
$
57,080

 
$
45,250

Customer Relationships (10 to 15-year life)
 
 
 
Gross carrying value
$
17,507

 
$
14,207

Accumulated amortization
(8,914
)
 
(8,283
)
Net carrying value
$
8,593

 
$
5,924

Technology / Know-how (10-year life)
 
 
 
Gross carrying value
$
8,950

 
$
6,350

Accumulated amortization
(2,054
)
 
(1,682
)
Net carrying value
$
6,896

 
$
4,668

Non-compete Agreements (5-year life)
 
 
 
Gross carrying value
$
791

 
$
791

Accumulated amortization
(536
)
 
(457
)
Net carrying value
$
255

 
$
334

Total net carrying value
$
72,824

 
$
56,176


Amortization expense for our other intangible assets, which is reflected in Selling, General and Administrative Expenses, was as follows:
 
Three Months Ended 
 December 31,
 
Six Months Ended 
 December 31,
 
2018
 
2017
 
2018
 
2017
Amortization expense
$
1,087

 
$
1,006

 
$
2,052

 
$
1,973


Total annual amortization expense for each of the next five years is estimated to be as follows:
 
 
2020
$
5,053

2021
$
4,968

2022
$
4,894

2023
$
4,335

2024
$
4,335