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Acquisition (Tables) | 9 Months Ended
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Mar. 31, 2017
China Mist Brands, Inc |
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary allocation of consideration transferred as of the acquisition date:
(In thousands) | Fair Value |  | Estimated Useful Life (years)
Cash paid, net of cash acquired | $ | 11,183 |  |  |
Contingent consideration | 500 |  |  |
Total consideration | $ | 11,683 |  |  |
Accounts receivable | $ | 811 |  |  |
Inventory | 544 |  |  |
Prepaid assets | 48 |  |  |
Property, plant and equipment | 212 |  |  |
Goodwill | 1,871 |  |  |
Intangible assets: |  |  |
Recipes | 930 |  |  | 7
Non-compete agreement | 100 |  |  | 5
Customer relationships | 450 |  |  | 10
Trade name/Trademark—finite-lived | 7,100 |  |  | 10
Accounts payable | (383 | ) |  |
Total consideration, net of cash acquired | $ | 11,683 |  |  |
West Coast Coffee, Inc. |
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the preliminary allocation of consideration transferred as of the acquisition date:
(In thousands) | Fair Value |  | Estimated Useful Life (years)
Cash paid, net of cash acquired | $ | 14,671 |  |  |
Contingent consideration | 600 |  |  |
Total consideration | $ | 15,271 |  |  |
Accounts receivable | $ | 955 |  |  |
Inventory | 939 |  |  |
Prepaid assets | 20 |  |  |
Property, plant and equipment | 1,546 |  |  |
Goodwill | 7,797 |  |  |
Intangible assets: |  |  |
Non-compete agreements | 100 |  |  | 5
Customer relationships | 4,400 |  |  | 10
Trade name—finite-lived | 260 |  |  | 7
Brand name—finite-lived | 250 |  |  | 1.7
Accounts payable | (814 | ) |  |
Other liabilities | (182 | ) |  |
Total consideration, net of cash acquired | $ | 15,271 |  |  |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4845-128472 + Details
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