Intangible Assets |
Note 9. Intangible Assets The following is a summary of the Company’s amortized and unamortized intangible assets other than goodwill: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2022 | | June 30, 2022 | (In thousands) | | Weighted Average Amortization Period as of September 30, 2022 | | Gross Carrying Amount | | Accumulated Amortization | | | | Net | | Gross Carrying Amount | | Accumulated Amortization | | | Net | Amortized intangible assets: | | | | | | | | | | | | | | | | | | Customer relationships | | 4.5 | | $ | 33,003 | | | $ | (22,441) | | | | | $ | 10,562 | | | $ | 33,003 | | | $ | (21,893) | | | | $ | 11,110 | | | | | | | | | | | | | | | | | | | | Recipes | | 1.1 | | 930 | | | (786) | | | | | 144 | | | 930 | | | (752) | | | | 178 | | Trade name/brand name | | 1.2 | | 510 | | | (467) | | | | | 43 | | | 510 | | | (457) | | | | 53 | | Total amortized intangible assets | | | | $ | 34,443 | | | $ | (23,694) | | | | | $ | 10,749 | | | $ | 34,443 | | | $ | (23,102) | | | | $ | 11,341 | | Unamortized intangible assets: | | | | | | | | | | | | | | | | | | Trademarks, trade names and brand name with indefinite lives | | | | $ | 4,522 | | | $ | — | | | | | $ | 4,522 | | | $ | 4,522 | | | $ | — | | | | $ | 4,522 | | Total unamortized intangible assets | | | | $ | 4,522 | | | $ | — | | | | | $ | 4,522 | | | $ | 4,522 | | | $ | — | | | | $ | 4,522 | | Total intangible assets | | | | $ | 38,965 | | | $ | (23,694) | | | | | $ | 15,271 | | | $ | 38,965 | | | $ | (23,102) | | | | $ | 15,863 | | | | | | | | | | | | | | | | | | | |
Aggregate amortization expense for the three months ended September 30, 2022 and 2021 was $0.6 million in each period.
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