Identifiable intangible assets that are subject to amortization consist of the following:


	December 29, 2022			June 30, 2022			December 23, 2021
Customer relationships	$	21,370		$	21,100		$	21,100
Brand names		17,070			16,990			16,990
Non-compete agreement		300			270			270

		38,740			38,360			38,360
Less accumulated amortization:
Customer relationships		(19,311	)		(18,795	)		(18,279	)
Brand names		(11,598	)		(11,252	)		(10,908	)
Non-compete agreement		(270	)		(248	)		(220	)

		(31,179	)		(30,295	)		(29,407	)

Net intangible assets	$	7,561		$	8,065		$	8,953

Customer relationships are being amortized on an accelerated basis. The brand names remaining to be amortized consist of the

Squirrel Brand, Southern Style Nuts

and

Just the Cheese

brand names.

Total amortization expense related to intangible assets, which is classified in administrative expense in the Consolidated Statement of Comprehensive Income, was $440 and $884 for the quarter and

twenty-six

weeks ended December 29, 2022, respectively. Amortization expense for the remainder of fiscal 2023 is expected to be approximately $913 and expected amortization expense the next five fiscal years is as follows:


Fiscal Year Ending
June 27, 2024	$	1,561
June 26, 2025		1,222
June 25, 2026		874
June 24, 2027		705
June 29, 2028		521

The intangibles related to the

Just the Cheese

brand acquisition, which are reflected in the above table, and the expected amortization expense are based on the preliminary valuation report with respect to such intangible assets. Any necessary adjustments will be made in the third quarter of fiscal 2023 based on the final valuation report.

Our net goodwill at December 29, 2022 was comprised of $9,650 that relates to the Squirrel Brand acquisition completed in the second quarter of fiscal 2018 and $2,380 that relates to the

Just the Cheese

brand acquisition completed in the second quarter of fiscal 2023. The changes in the carrying amount

goodwill since June 25, 2021 are as follows:


Gross goodwill balance at June 25, 2021	$	18,416
Accumulated impairment losses		(8,766	)

Net balance at June 25, 2021		9,650
Goodwill acquired during the period		2,380

Net balance at December 29, 2022	$	12,030