XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.20.2

Intangible Assets and Goodwill (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | The carrying amounts, accumulated amortization, net carrying value, and weighted average remaining life of our definite-lived amortizable intangible assets as well as our goodwill are presented in the tables below (dollars in thousands, useful life in years):
| September 30, 2020 |  | June 30, 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted-average Remaining Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted-average Remaining Useful Life
Total intangible assets subject to amortization |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships-Auto & Home | $ | 853 |  |  | $ | (689) |  |  | $ | 164 |  |  |  |  | $ | 853 |  |  | $ | (680) |  |  | $ | 173 |  |  |
InsideResponse |  |  |  |  |  |  |  |  | — |  |  | — |  |  | — |  |  |
Trade Name | 2,680 |  |  | (223) |  |  | 2,457 |  |  |  |  | 2,680 |  |  | (88) |  |  | 2,592 |  |  |
Proprietary Software-5 year | 780 |  |  | (65) |  |  | 715 |  |  |  |  | 780 |  |  | (26) |  |  | 754 |  |  |
Proprietary Software-2 year | 262 |  |  | (55) |  |  | 207 |  |  |  |  | 262 |  |  | (22) |  |  | 240 |  |  |
Non-compete agreements | 192 |  |  | (27) |  |  | 165 |  |  |  |  | 192 |  |  | (16) |  |  | 176 |  |  |
Customer relationships | 16,069 |  |  | (957) |  |  | 15,112 |  |  |  |  | 16,069 |  |  | (331) |  |  | 15,738 |  |  |
Total intangible assets | $ | 20,836 |  |  | $ | (2,016) |  |  | $ | 18,820 |  |  | 6.2 |  | $ | 20,836 |  |  | $ | (1,163) |  |  | $ | 19,673 |  |  | 6.4
Total indefinite-lived assets |  |  |  |  |  |  |  |  |  |  |  |
Goodwill-Auto & Home | $ | 5,364 |  |  |  |  | $ | 5,364 |  |  |  |  | $ | 5,364 |  |  |  |  | $ | 5,364 |  |  |
Goodwill-Senior | 41,092 |  |  |  |  | 41,092 |  |  |  |  | 41,213 |  |  |  |  | 41,213 |  |  |
Total goodwill | $ | 46,456 |  |  |  |  | $ | 46,456 |  |  |  |  | $ | 46,577 |  |  |  |  | $ | 46,577 |  |  |
Changes in the carrying amount of goodwill for the three months ended September 30, 2020, are as follows (in thousands):
Balance, June 30, 2020 |  | $ | 46,577 |
Measurement period adjustments(1) |  | (121) |
Balance, September 30, 2020 |  | $ | 46,456 |
(1) Represents measurement period adjustments related to the InsideResponse acquisition (see Note 2 to the consolidated financial statements).
Schedule of Future Amortization Expense | As of September 30, 2020, expected amortization expense in future periods were as follows (in thousands):
| Customer Relationships-Auto & Home |  | Trade Name |  | Proprietary Software |  | Non-compete agreements |  | Customer relationships |  | Total
Remainder fiscal 2021 | $ | 29 |  |  | $ | 402 |  |  | $ | 215 |  |  | $ | 48 |  |  | $ | 1,722 |  |  | $ | 2,416 |
2022 | 32 |  |  | 536 |  |  | 265 |  |  | 64 |  |  | 2,296 |  |  | 3,193 |
2023 | 28 |  |  | 536 |  |  | 156 |  |  | 53 |  |  | 2,296 |  |  | 3,069 |
2024 | 23 |  |  | 536 |  |  | 156 |  |  | — |  |  | 2,296 |  |  | 3,011 |
2025 | 20 |  |  | 447 |  |  | 130 |  |  | — |  |  | 2,296 |  |  | 2,893 |
Thereafter | 32 |  |  | — |  |  | — |  |  | — |  |  | 4,206 |  |  | 4,238 |
Total | $ | 164 |  |  | $ | 2,457 |  |  | $ | 922 |  |  | $ | 165 |  |  | $ | 15,112 |  |  | $ | 18,820 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration