Goodwill and Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of the Changes in the Carrying Value of Goodwill

The following is a summary of changes in the carrying value of goodwill (in thousands):

Balance at June 30, 2017	$	10,996
Final Purchase Price Allocation Adjustment (West Coast Coffee)	(167		)
Additions (Boyd Coffee)	25,395
Balance at June 30, 2018	$	36,224
Additions	—
Balance at June 30, 2019	36,224
Additions	—
Impairment	(36,224		)
Balance at June 30, 2020	$	—

Schedule of Intangible Assets and Goodwill

The following is a summary of the Company’s amortized and unamortized intangible assets other than goodwill:

 

		As of June 30,
	Weighted Average Amortization Period as of June 30, 2020	2020										2019
(In thousands)		Gross Carrying Amount		Accumulated Amortization			Impairment			Net		Gross Carrying Amount		Accumulated Amortization			Net
Amortized intangible assets:
Customer relationships	6.7	$	33,003	$	(17,492	)	$	—		$	15,511	$	33,003	$	(15,291	)	$	17,712
Non-compete agreements	1.5	220		(161		)	—			59		220		(122		)	98
Recipes	3.3	930		(487		)	—			443		930		(354		)	576
Trade name/brand name	3.4	510		(383		)	—			127		510		(346		)	164
Total amortized intangible assets		$	34,663	$	(18,523	)	$	—		$	16,140	$	34,663	$	(16,113	)	$	18,550
Unamortized intangible assets:
Trademarks, trade names and brand name with indefinite lives		$	10,328	$	—		$	(5,806	)	$	4,522	$	10,328	$	—		$	10,328
Total unamortized intangible assets		$	10,328	$	—		$	(5,806	)	$	4,522	$	10,328	$	—		$	10,328
Total intangible assets		$	44,991	$	(18,523	)	$	(5,806	)	$	20,662	$	44,991	$	(16,113	)	$	28,878

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

At June 30, 2020, future annual amortization of finite-lived intangible assets for the years 2021 through 2025 and thereafter is estimated to be (in thousands):

For the fiscal year ending:
June 30, 2021	$	2,412
June 30, 2022	2,388
June 30, 2023	2,370
June 30, 2024	2,260
June 30, 2025	2,200
Thereafter	4,510
Total	$	16,140