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Note 6 - Goodwill and Intangible Assets | 3 Months Ended
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Oct. 02, 2022
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | Note 6 – Goodwill and Intangible Assets, Net The following table presents goodwill by segment and the related change in the net carrying amount:
|  | Consumer Floral & Gifts |  |  | BloomNet |  |  | Gourmet Foods & Gift Baskets |  |  | Total |
|  | (in thousands) |
Balance at July 3, 2022 |  | $ | 151,600 |  |  | $ | - |  |  | $ | 61,687 |  |  | $ | 213,287 |
Balance at October 2, 2022 |  | $ | 151,600 |  |  | $ | - |  |  | $ | 61,687 |  |  | $ | 213,287 |
The Company’s other intangible assets consist of the following:
|  |  |  |  |  |  | October 2, 2022 |  |  | July 3, 2022 |
|  | Amortization Period |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net |
|  | (in years) |  |  | (in thousands) |
Intangible assets with determinable lives |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment in licenses |  | 14 | - | 16 |  |  | $ | 7,420 |  |  | $ | 6,490 |  |  | $ | 930 |  |  | $ | 7,420 |  |  | $ | 6,464 |  |  | $ | 956 |
Customer lists |  | 3 | - | 10 |  |  |  | 28,509 |  |  |  | 18,492 |  |  |  | 10,017 |  |  |  | 28,509 |  |  |  | 17,473 |  |  |  | 11,036 |
Other |  | 5 | - | 14 |  |  |  | 2,946 |  |  |  | 2,558 |  |  |  | 388 |  |  |  | 2,946 |  |  |  | 2,543 |  |  |  | 403 |
Total intangible assets with determinable lives |  |  |  |  |  |  |  | 38,875 |  |  |  | 27,540 |  |  |  | 11,335 |  |  |  | 38,875 |  |  |  | 26,480 |  |  |  | 12,395 |
Trademarks with indefinite lives |  |  |  |  |  |  |  | 133,173 |  |  |  | - |  |  |  | 133,173 |  |  |  | 133,173 |  |  |  | - |  |  |  | 133,173 |
Total identifiable intangible assets |  |  |  |  |  |  | $ | 172,048 |  |  | $ | 27,540 |  |  | $ | 144,508 |  |  | $ | 172,048 |  |  | $ | 26,480 |  |  | $ | 145,568 |
Intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable. Future estimated amortization expense is as follows: remainder of fiscal 2023 - $3.2 million, fiscal 2024 - $4.2 million, fiscal 2025 - $1.7 million, fiscal 2026 - $1.2 million, fiscal 2027 - $0.5 million and thereafter - $0.5 million.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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