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Goodwill And Other Intangible Assets | 6 Months Ended
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Dec. 31, 2022
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 $157.4 million and $51.0 million, respectively, at December 31, 2022 and June 30, 2022. The following table summarizes our identifiable other intangible assets:
| December 31, 2022 |  | June 30, 2022
Tradenames (20 to 30-year life) |  |  |
Gross carrying value | $ | 37,100 |  |  | $ | 37,100 |
Accumulated amortization | (9,052) |  |  | (8,385) |
Net carrying value | $ | 28,048 |  |  | $ | 28,715 |
Customer Relationships (10 to 15-year life) |  |  |
Gross carrying value | $ | 5,287 |  |  | $ | 14,207 |
Accumulated amortization | (4,076) |  |  | (12,727) |
Net carrying value | $ | 1,211 |  |  | $ | 1,480 |
Technology / Know-how (10-year life) |  |  |
Gross carrying value | $ | 6,350 |  |  | $ | 6,350 |
Accumulated amortization | (4,543) |  |  | (4,222) |
Net carrying value | $ | 1,807 |  |  | $ | 2,128 |
Total net carrying value | $ | 31,066 |  |  | $ | 32,323 |
In the three months ended December 31, 2021, we recorded an impairment charge of $0.9 million related to Bantam’s Retail customer relationships intangible asset, which reflected lower projected cash flows for Bantam’s Retail business. The impairment charge represented the excess of the carrying value over the fair value of estimated discounted cash flows for the remaining useful life of the intangible asset. As this fair value measurement was based on significant inputs not observable in the market, it represented a Level 3 measurement within the fair value hierarchy. The impairment charge was reflected in Restructuring and Impairment Charges and was recorded in our Retail segment. 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,
| 2022 |  | 2021 |  | 2022 |  | 2021
Amortization expense | $ | 628 |  |  | $ | 1,260 |  |  | $ | 1,257 |  |  | $ | 2,401 |
Total annual amortization expense for each of the next five years is estimated to be as follows:
2024 | $ | 2,514 |
2025 | $ | 2,212 |
2026 | $ | 1,610 |
2027 | $ | 1,426 |
2028 | $ | 1,334 |

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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