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Goodwill and Intangible Assets (Tables)
6 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure
The following is a summary of the Company’s amortized and unamortized intangible assets other than goodwill:
 
 
 
December 31, 2017
 
June 30, 2017
(In thousands)
 
Gross Carrying
Amount(1)
 
Accumulated
Amortization(1)
 
Gross Carrying
Amount(1)
 
Accumulated
Amortization(1)
Amortized intangible assets:
 
 
 
 
 
 
 
 
Customer relationships
 
$
48,353

 
$
(12,074
)
 
$
17,353

 
$
(10,883
)
Non-compete agreements
 
220

 
(61
)
 
220

 
(38
)
Recipes
 
930

 
(155
)
 
930

 
(88
)
Trade name/brand name
 
510

 
(185
)
 
510

 
(84
)
Total amortized intangible assets
 
$
50,013

 
$
(12,475
)
 
$
19,013

 
$
(11,093
)
Unamortized intangible assets:
 
 
 
 
 
 
 
 
Trade names with indefinite lives
 
$
3,640

 
$

 
$
3,640

 
$

Trademarks and brand name with indefinite lives
 
9,858

 

 
7,058

 

Total unamortized intangible assets
 
$
13,498

 
$

 
$
10,698

 
$

     Total intangible assets
 
$
63,511

 
$
(12,475
)
 
$
29,711

 
$
(11,093
)
___________
(1) Reflects the preliminary purchase price allocation for the acquisition of the Boyd Business. Subject to change based on numerous factors, including the final estimated fair value of the assets acquired and the liabilities assumed and the amount of the final post-closing net working capital adjustment. Adjustments in the purchase price allocation may require a recasting of the amounts allocated to goodwill and intangible assets.