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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible asset balances
Goodwill and intangible asset balances consisted of the following:
 
As of June 30, 2020
 
Amortization
Period
($ in thousands)
Gross
 
Accumulated Amortization
 
Net
 
 
 
 
 
 
 
 
 
Intangible assets:
 
 
 
 
 
 
 
Non-compete agreements
$
2

 
$
(2
)
 
$

 
2 years
Brand and tradenames
1,695

 
(699
)
 
996

 
3 - 7 years
Developed technology
10,939

 
(5,110
)
 
5,829

 
5 - 6 years
Customer relationships
19,049

 
(2,841
)
 
16,208

 
10 - 18 years
Total intangible assets
$
31,685

 
$
(8,652
)
 
$
23,033

 
 
Goodwill
63,945

 

 
63,945

 
Indefinite
Total intangible assets and goodwill
$
95,630

 
$
(8,652
)
 
$
86,978

 
 
 
As of June 30, 2019
 
Amortization
Period
($ in thousands)
Gross
 
Accumulated Amortization
 
Net
 
 
 
 
 
 
 
 
 
Intangible assets:
 
 
 
 
 
 
 
Non-compete agreements
$
2

 
$
(2
)
 
$

 
2 years
Brand and tradenames
1,695

 
(470
)
 
1,225

 
3 - 7 years
Developed technology
10,939

 
(3,266
)
 
7,673

 
5 - 6 years
Customer relationships
19,049

 
(1,776
)
 
17,273

 
10 - 18 years
Total intangible assets
$
31,685

 
$
(5,514
)
 
$
26,171

 
 
Goodwill
63,945

 

 
63,945

 
Indefinite
Total intangible assets and goodwill
$
95,630

 
$
(5,514
)
 
$
90,116

 
 

Schedule of estimated annual amortization expense
Estimated annual amortization expense for intangible assets is as follows (in thousands):
2021
$
3,074

2022
3,010

2023
3,010

2024
1,909

2025
1,147

Thereafter
10,883

 
$
23,033