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Goodwill and Intangible Assets
9 Months Ended
Mar. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The following presents details of goodwill and intangible assets:
(In thousands)
March 28,
2025
June 28,
2024
Goodwill$19,188 $8,217 

The $11.0 million increase for the nine months ended March 28, 2025 is associated with the purchase price allocations for the 4RF acquisition and the NEC Transaction. Refer to Note 11. Acquisitions for further information.
The Company performs its annual goodwill impairment test on the first day of its fourth fiscal quarter. No indicators of impairment were identified during the current period that required the Company to perform an interim assessment or recoverability test.

(In thousands except useful life)
Useful life in YearsMarch 28,
2025
June 28,
2024
Intangible assets:
Technology7$5,282 $1,800 
Patents10690 690 
Customer relationships
10 — 15
22,893 11,530 
Trade names
3 — 16
1,614 1,330 
Total gross intangible assets $30,479 $15,350 
Accumulated amortization(3,662)(1,706)
Total net intangible assets$26,817 $13,644 

Amortization of finite-lived intangibles for the three and nine months ended March 28, 2025 was $0.7 million and $2.0 million, respectively, and is included in selling and administrative expenses. There were no impairment charges recorded for the three and nine months ended March 28, 2025.
As of March 28, 2025, the estimated future amortization expense of finite-lived intangible assets is as follows (in thousands):

Remainder of 2025$704 
20262,814 
20272,814 
20282,720 
20292,720 
Thereafter15,045 
Total$26,817