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Goodwill And Other Intangible Assets
 12 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Other Intangible Assets Goodwill and Other Intangible Assets
Goodwill attributable to the Retail and Foodservice segments was $157.4 million and $51.0 million, respectively, at June 30, 2021 and 2020.
The following table summarizes our identifiable other intangible assets at June 30:
20212020
Tradenames (20 to 30-year life)
Gross carrying value$62,531 $63,121 
Accumulated amortization(12,421)(9,925)
Net carrying value$50,110 $53,196 
Customer Relationships (2 to 15-year life)
Gross carrying value$17,507 $17,507 
Accumulated amortization(12,912)(11,094)
Net carrying value$4,595 $6,413 
Technology / Know-how (10-year life)
Gross carrying value$8,020 $8,950 
Accumulated amortization(3,973)(3,396)
Net carrying value$4,047 $5,554 
Non-compete Agreements (5-year life)
Gross carrying value$191 $791 
Accumulated amortization(177)(738)
Net carrying value$14 $53 
Total net carrying value$58,766 $65,216 
In 2021, we recorded impairment charges of $1.2 million related to certain tradename and technology / know-how intangible assets for Bantam, which reflect the impact of a SKU rationalization by a Foodservice customer resulting in the loss of sales to that customer after November 30, 2020. The impairment charges represent the excess of the carrying value over the fair value of estimated discounted cash flows for the remaining useful lives of the intangible assets. The impairment charges are reflected in Restructuring and Impairment Charges in the Consolidated Statements of Income and were recorded in our Foodservice segment. We also reduced the remaining useful life for Bantam’s Foodservice customer relationship and have recorded accelerated amortization expense.
Amortization expense for our other intangible assets, which is reflected in Selling, General and Administrative Expenses, was as follows in each of the years ended June 30:
202120202019
Amortization expense$5,255 $5,061 $4,599 
Total annual amortization expense for each of the next five years is estimated to be as follows:
2022$4,739 
2023$4,180 
2024$4,180 
2025$3,920 
2026$3,290