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Note 6 - Goodwill and Intangible Assets
 12 Months Ended
Jun. 28, 2020
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]
Note
6.
Goodwill and Intangible Assets
 
The following table presents goodwill by segment and the related change in the net carrying amount:
 
   
 
Consumer
Floral
    
BloomNet
    
Gourmet
Foods &
Gift
Baskets
    
Total
  
   
(in thousands)
  
                                 
Balance at July 1, 2018
   $
17,441
     $
-
     $
45,149
     $
62,590
  
Balance at June 30, 2019
   $
17,441
     $
-
     $
45,149
     $
62,590
  
Acquisition of Shari's Berries
   $
-
     $
-
     $
12,121
     $
12,121
  
Balance at June 28, 2020
   $
17,441
     $
-
     $
57,270
     $
74,711
  
 
There were
no
goodwill impairment charges in any segment during the years ended
June 28, 2020,
June 30, 2019
and
July 1, 2018.
 
The Company's other intangible assets consist of the following:
 
   
 
 
 
 
    
June 28, 2020
    
Ju
ne
30
, 201
9
  
   
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
     $
6,253
     $
1,167
     $
7,420
     $
6,148
     $
1,272
  
Customer lists
    
3
-
10
      
12,825
      
10,474
      
2,351
      
12,184
      
9,798
      
2,386
  
Other
    
5
-
14
      
2,946
      
2,382
      
564
      
2,946
      
2,280
      
666
  
Total intangible assets with determinable lives
    
 
 
 
      
23,191
      
19,109
      
4,082
      
22,550
      
18,226
      
4,324
  
                                                             
Trademarks with indefinite lives
    
 
 
 
      
62,191
      
-
      
62,191
      
55,291
      
-
      
55,291
  
                                                             
Total identifiable intangible assets
    
 
 
 
     $
85,382
     $
19,109
     $
66,273
     $
77,841
     $
18,226
     $
59,615
  
 
Intangible assets with determinable lives 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.
No
material impairments were recognized for the years ended
June 28, 2020,
June 30, 2019
and
July 1, 2018,
respectively.
 
The amortization of intangible assets for the years ended
June 28, 2020,
June 30, 2019
and
July 1, 2018
was
$0.9
million,
$0.7
million and
$1.4
million, respectively. Future estimated amortization expense is as follows:
2021
-
$0.9
million,
2022
-
$0.6
million,
2023
-
$0.5
million,
2024
-
$0.5
million,
2025
-
$0.5
million and thereafter -
$1.1
million.