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Goodwill and other intangibles, net | 3 Months Ended
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Sep. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and other intangibles, net | Goodwill and other intangibles, net The following table presents goodwill by segment:
| Consumer Floral & Gifts |  | BloomNet |  | Gourmet Foods & Gift Baskets |  | Total
| (in thousands)
Balance at June 29, 2025 and September 28, 2025 | $ | 34,554 |  |  | $ | 2,960 |  |  | $ | 111 |  |  | $ | 37,625 |
The total carrying value of goodwill is reflected net of $252.4 million of accumulated impairment charges, of which $119.0 million is related to the Consumer Floral & Gifts reporting unit and $133.4 million is related to the Gourmet Foods & Gift Baskets reporting unit. The Company’s other intangible assets, net consists of the following:
|  |  | September 28, 2025 |  | June 29, 2025
| 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 |  |  | $ | 6,806 |  |  | $ | 614 |  |  | $ | 7,420 |  |  | $ | 6,780 |  |  | $ | 640 |
Customer lists | 3 - 10 |  | 29,647 |  |  | 28,233 |  |  | 1,414 |  |  | 29,647 |  |  | 27,818 |  |  | 1,829 |
Other | 5 - 14 |  | 2,946 |  |  | 2,739 |  |  | 207 |  |  | 2,946 |  |  | 2,724 |  |  | 222 |
Total intangible assets with determinable lives |  |  | 40,013 |  |  | 37,778 |  |  | 2,235 |  |  | 40,013 |  |  | 37,322 |  |  | 2,691 |
Trademarks with indefinite lives |  |  | 86,673 |  |  | - |  |  | 86,673 |  |  | 86,673 |  |  | - |  |  | 86,673 |
Total identifiable intangible assets |  |  | $ | 126,686 |  |  | $ | 37,778 |  |  | $ | 88,908 |  |  | $ | 126,686 |  |  | $ | 37,322 |  |  | $ | 89,364 |
Future estimated amortization expense is as follows: remainder of fiscal 2026 - $0.9 million, fiscal 2027 - $0.6 million, fiscal 2028 - $0.3 million, fiscal 2029 - $0.2 million, fiscal 2030 - $0.1 million and thereafter - $0.1 million. Additional Goodwill and Indefinite-Lived Intangible Asset Considerations Fair value determinations require considerable judgment and are sensitive to changes in underlying assumptions, estimates, and market factors. Estimating the fair value of goodwill and indefinite-lived intangible assets requires the Company to make assumptions and estimates regarding our future plans, as well as industry, economic, and regulatory conditions. These assumptions and estimates include estimated future annual net cash flows, income tax considerations, discount rates, long-term growth rates, royalty rates, and other market factors. If current expectations of future growth rates and margins are not met, if market factors outside of our control change, such as discount rates, market capitalization, income tax rates, or inflation, or if management’s expectations or plans otherwise change, including updates to our long-term operating plans, then goodwill or indefinite-lived intangible assets might become impaired in the future. As discussed in the Annual Report on Form 10-K for the fiscal year ended June 29, 2025, goodwill for the Company’s Consumer Floral & Gifts reporting unit and the Company’s Personalization Mall tradename were impaired during the quarter ended March 30, 2025 and were written down to their respective fair values causing zero excess fair value over the carrying amount as of the impairment test date, resulting in a risk of future impairments if any assumptions (including changes in segments), estimates, or market factors change in the future.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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