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Intangible Assets and Goodwill (Tables)

9 Months Ended

Mar. 31, 2021

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):

			March 31, 2021																								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			$	16,922					$	(2,812)					$	14,110											$	16,922					$	(1,011)					$	15,911
Trade Name			2,680						(491)						2,189												2,680						(88)						2,592
Proprietary Software-5 year			780						(143)						637												780						(26)						754
Proprietary Software-2 year			262						(120)						142												262						(22)						240
Non-compete agreements			1,192						(92)						1,100												192						(16)						176
Vendor Relationships			23,700						(440)						23,260												—						—						—
Total intangible assets			$	45,536					$	(4,098)					$	41,438					7.4						$	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			44,591												44,591												41,213												41,213
Total goodwill			$	49,955											$	49,955											$	46,577											$	46,577

Changes in the balance of goodwill for the nine months ended March 31, 2021, are as follows (in thousands):

Balance, June 30, 2020						$	46,577
Measurement period adjustments(1)						(122)
Goodwill from the acquisition of a lead distribution company						$	3,500
Balance, March 31, 2021						$	49,955

(1) Represents measurement period adjustments related to the InsideResponse acquisition (refer to Note 2 to the condensed consolidated financial statements for further details).

Schedule of Future Amortization Expense

As of March 31, 2021, expected amortization expense in future periods were as follows (in thousands):

			Trade Name						Proprietary Software						Non-compete agreements						Vendor Relationships						Customer relationships						Total
Remainder fiscal 2021			$	134					$	72					$	66					$	658					$	584					$	1,514
2022			536						265						264						2,633						2,328						6,026
2023			536						156						253						2,633						2,324						5,902
2024			536						156						200						2,633						2,319						5,844
2025			447						130						200						2,633						2,316						5,726
Thereafter			—						—						117						12,070						4,239						16,426
Total			$	2,189					$	779					$	1,100					$	23,260					$	14,110					$	41,438

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Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

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-Name Accounting Standards Codification
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