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GOODWILL AND INTANGIBLES | 3 Months Ended
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Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLES | GOODWILL AND INTANGIBLES Intangible asset balances and goodwill consisted of the following:
|  | As of September 30, 2018 |  |
($ in thousands) |  | Gross |  | Accumulated Amortization |  | Net |  | Amortization Period
Intangible assets: |  |  |  |  |  |  |  |
Non-compete agreements |  | $ | 2 |  |  | $ | (2 | ) |  | $ | — |  |  | 2 years
Brand and tradenames |  | 1,695 |  |  | (291 | ) |  | 1,404 |  |  | 3 - 7 years
Developed technology |  | 10,939 |  |  | (1,882 | ) |  | 9,057 |  |  | 5 - 6 years
Customer relationships |  | 19,049 |  |  | (977 | ) |  | 18,072 |  |  | 10 - 18 years
Total intangible assets |  | $ | 31,685 |  |  | $ | (3,152 | ) |  | $ | 28,533 |  |  |
Goodwill |  | 64,149 |  |  | — |  |  | 64,149 |  |  | Indefinite
Total intangible assets & goodwill |  | $ | 95,834 |  |  | $ | (3,152 | ) |  | $ | 92,682 |  |  |
|  | As of June 30, 2018 |  |
($ in thousands) |  | Gross |  | Accumulated Amortization |  | Net |  | Amortization Period
Intangible assets: |  |  |  |  |  |  |  |
Non-compete agreements |  | $ | 2 |  |  | $ | (2 | ) |  | $ | — |  |  | 2 years
Brand |  | 1,695 |  |  | (226 | ) |  | 1,469 |  |  | 3 - 7 years
Developed technology |  | 10,939 |  |  | (1,421 | ) |  | 9,518 |  |  | 5 - 6 years
Customer relationships |  | 19,049 |  |  | (711 | ) |  | 18,338 |  |  | 10 - 18 years
Total intangible assets |  | $ | 31,685 |  |  | $ | (2,360 | ) |  | $ | 29,325 |  |  |
Goodwill |  | 64,149 |  |  | — |  |  | 64,149 |  |  | Indefinite
Total intangible assets & goodwill |  | $ | 95,834 |  |  | $ | (2,360 | ) |  | $ | 93,474 |  |  |
For the three months ended September 30, 2018 and September 30, 2017 there was $0.8 million and $44 thousand in amortization expense related to intangible assets, respectively. As set forth in the Merger Agreement, the Company finalized a post-working capital adjustment of $0.3 million during the quarter ended March 31, 2018. Accordingly, this post-working capital adjustment is reflected within goodwill as of June 30, 2018.

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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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