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GOODWILL AND INTANGIBLE ASSETS (Q3) (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2017 | Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |  |
Schedule of final purchase price allocation |
Consideration: |  |  |
Fair value of total consideration paid in cash |  | $ | 5,625 |
Acquisition related costs: |  | $ | 842 |
Recognized amounts of identifiable assets acquired and liabilities assumed: |
Financial Assets: |  |  |  |
Accounts Receivable |  |  | 3 |
Finance Receivables |  |  | 839 |
Other Current Assets |  |  | 20 |
Deferred Income Taxes |  |  | 18 |
|  |  | 880 |
Property, Plant & Equipment |  |  | 81 |
Identifiable Intangible Assets: |  |  |  |
Developed Technology |  |  | 639 |
Customer Relationships |  |  | 149 |
Brand |  |  | 95 |
Noncompete Agreement |  |  | 2 |
Fair Value of Intangible Assets |  |  | 885 |
Financial Liabilities |  |  |  |
Accrued Liabilities |  | $ | (50 | )
Total identifiable net assets |  | $ | 1,796 |
Goodwill |  | $ | 3,829 |
Total Fair Value |  | $ | 5,625 |
Schedule of intangible asset balances |
($ in thousands) |  | Balance June 30, 2016 |  |  | Additions/ Adjustments |  |  | Amortization |  |  | Balance March 31, 2017 |  | Amortization Period
Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Non-compete agreements |  | $ | 1 |  |  | $ | — |  |  | $ | (1 | ) |  | $ | — |  | 2 years
Brand |  |  | 79 |  |  |  | — |  |  |  | (24 | ) |  |  | 55 |  | 3 years
Developed technology |  |  | 576 |  |  |  | — |  |  |  | (96 | ) |  |  | 480 |  | 5 years
Customer relationships |  |  | 142 |  |  |  | — |  |  |  | (11 | ) |  |  | 131 |  | 10 years
Total Intangible Assets |  | $ | 798 |  |  | $ | — |  |  | $ | (132 | ) |  | $ | 666 |  |
Goodwill |  | $ | 11,703 |  |  | $ | (211 | ) |  | $ | — |  |  | $ | 11,492 |  | Indefinite
|  | Beginning |  |  | Year ended June 30, 2016 |  |  | Ending |  |
($ in thousands) |  | Balance |  |  | Additions/ |  |  |  |  |  | Balance |  | Amortization
|  | July 1, 2015 |  |  | Adjustments |  |  | Amortization |  |  | June 30, 2016 |  | Period
Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks - Indefinite |  | $ | 432 |  |  | $ | (432 | )(1) |  | $ | - |  |  | $ | - |  | Indefinite
Non-compete agreements |  |  | - |  |  |  | 2 |  |  |  | (1 | ) |  |  | 1 |  | 2 years
Brand |  |  | - |  |  |  | 95 |  |  |  | (16 | ) |  |  | 79 |  | 3 years
Developed technology |  |  | - |  |  |  | 639 |  |  |  | (63 | ) |  |  | 576 |  | 5 years
Customer relationships |  |  | - |  |  |  | 149 |  |  |  | (7 | ) |  |  | 142 |  | 10 years
Total Intangible Assets |  | $ | 432 |  |  | $ | 453 |  |  | $ | (87 | ) |  | $ | 798 |  |
Goodwill |  |  | 7,663 |  |  |  | 4,040 |  |  |  | - |  |  |  | 11,703 |  | Indefinite
Total Intangible Assets & Goodwill |  | $ | 8,095 |  |  | $ | 4,493 |  |  | $ | (87 | ) |  | $ | 12,501 |  |
|  | Beginning |  |  | Year ended June 30, 2015 |  |  | Ending |  |
($ in thousands) |  | Balance |  |  | Additions/ |  |  |  |  |  | Balance |  | Amortization
|  | July 1, 2014 |  |  | Adjustments |  |  | Amortization |  |  | June 30, 2015 |  | Period
Intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks - Indefinite |  | $ | 432 |  |  |  | - |  |  |  | - |  |  | $ | 432 |  | Indefinite
Total Intangible Assets |  | $ | 432 |  |  | $ | - |  |  | $ | - |  |  | $ | 432 |  |
Goodwill |  |  | 7,663 |  |  |  | - |  |  |  | - |  |  |  | 7,663 |  | Indefinite
Total |  | $ | 8,095 |  |  | $ | - |  |  | $ | - |  |  | $ | 8,095 |  |
(1) | The Company’s test for impairment of its indefinite-lived trademarks consists of the trademarks: 1) VendingMiser, 2) CoolerMiser, 3) PlugMiser and 4) SnackMiser. As a result of its testing in fiscal years ended June 30, 2015 and 2014 the Company determined that no impairment had occurred. In the testing in fiscal year 2016, the Company determined that the sum of the expected discounted cash flows attributable to the trademarks was less than its carrying value of $432 thousand, and that an impairment write-down was required. The fair value of the trademarks was determined by a method known as “relief from royalty”, in which the fair value is determined by reference to the amount of royalty income the intangible would generate if it were licensed in an arm’s-length transaction. The essential assumptions in a valuation via an income approach are as follows:
| · | The related dollar sales volume;
| · | The percentage royalty on sales;
| · | The adjustment for taxes;
| · | The remaining useful economic life;
| · | The percentage return on investment; and,
| · | The tax amortization benefit.

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472 + Details
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