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Goodwill and Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets

Summary of changes in goodwill

​

​	​	​	​	​	​	​
in thousands		2021			2020
Balance as of beginning of period	​	$	116,139	​	$	117,268
Adjustments(a)	​		—	​		(1,129)
Goodwill acquired during the period	​		8,078	​		-
Balance as of end of period	​	$	124,217	​	$	116,139

(a) The adjustment in fiscal year 2020 related to the final net working capital settlement for acquisitions that occurred during the fiscal year ended June 30, 2019.

Summary of intangible assets by major class

​

​	​	​	​	​	​	​
in thousands		2021			2020
Definite-lived intangible assets	​	$	6,600	​	$	6,600
Indefinite-lived intangible assets	​	​	2,000	​	​	—
Total intangible assets	​	​	8,600	​	​	6,600
Accumulated amortization	​	​	(2,082)	​	​	(1,423)
Balance as of end of period	​	$	6,518	​	$	5,177

Schedule of estimated future amortization expense related to other intangible assets

​

​	​	​	​
in thousands		Amortization Expense
2022	​	$	660
2023	​		660
2024	​		660
2025	​		660
2026	​		660

X

- Definition

Tabular disclosure of amortizable finite-lived intangible assets, including the gross carrying amount and accumulated amortization, and indefinite-lived intangible assets not subject to amortization. excluding goodwill.

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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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-Publisher FASB
-Name Accounting Standards Codification
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