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GOODWILL AND INTANGIBLE ASSETS | 12 Months Ended
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Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | (9) GOODWILL AND INTANGIBLE ASSETS Goodwill At June 30, 2022 and 2021, the Company had goodwill balances recorded at Supply Chain Services and Performance Services of $388.5 million and $611.4 million, respectively. Intangible Assets, Net Intangible assets, net consisted of the following (in thousands):
|  | June 30,
| Useful Life | 2022 |  | 2021
Member relationships | 14.7 years | $ | 386,100 |  |  | $ | 386,100 |
Technology | 7.2 years | 98,017 |  |  | 186,017 |
Customer relationships | 10.4 years | 47,830 |  |  | 70,830 |
Trade names | 6.9 years | 17,210 |  |  | 24,610 |
Non-compete agreements | 5.2 years | 17,315 |  |  | 11,315 |
Other (a) | 10.2 years | 7,682 |  |  | 7,682 |
Total intangible assets |  | 574,154 |  |  | 686,554 |
Accumulated amortization |  | (217,582) |  |  | (289,912) |
Total intangible assets, net |  | $ | 356,572 |  |  | $ | 396,642 |
_________________________________ (a)Includes a $1.0 million indefinite-lived asset. The net carrying value of intangible assets by segment was as follows (in thousands):
| June 30,
| 2022 |  | 2021
Supply Chain Services | $ | 301,611 |  |  | $ | 334,038 |
Performance Services (a) | 54,961 |  |  | 62,604 |
Total intangible assets, net | $ | 356,572 |  |  | $ | 396,642 |
_________________________________ (a)Includes a $1.0 million indefinite-lived asset that was acquired through the HDP acquisition. The Company reviews the carrying value of definite-lived intangible assets subject to amortization for impairment whenever events and circumstances indicate that the carrying value of the intangible asset subject to amortization may not be recoverable. During the year ended June 30, 2022, the carrying value of $4.4 million in customer relationships and $1.7 million in trade names in the Performance Services segment were not recoverable and the Company recorded an impairment on assets of $6.1 million in the accompanying Consolidated Statements of Income and Comprehensive Income. During the years ended June 30, 2021 and 2020, no impairment of assets was recorded in the accompanying Consolidated Statements of Income and Comprehensive Income. Intangible asset amortization expense was $43.9 million, $44.8 million and $55.5 million for the years ended June 30, 2022, 2021 and 2020, respectively. The estimated amortization expense for each of the next five fiscal years and thereafter is as follows (in thousands):
2023 | $ | 40,714 |
2024 | 39,543 |
2025 | 38,135 |
2026 | 36,920 |
2027 | 34,268 |
Thereafter | 165,992 |
Total amortization expense | $ | 355,572 |

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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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