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Other Intangible Assets
3 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets

6. Other Intangible Assets

The following table sets forth licenses, net and other intangible assets that are included in other assets as follows (in thousands):

 

     September 30, 2015      June 30, 2015  
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Book
Value
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net
Book
Value
     Useful Life
In Years
 

Patents

   $ 357       $ 282       $ 75       $ 357       $ 276       $ 81         17   

Trademarks

     226         110         116         214         108         106         20   

Acquired technologies

     95         75         20         95         72         23         2   

Licenses

     4,221         2,410         1,811         4,212         2,308         1,904         3 - 10   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Total

   $ 4,899       $ 2,877       $ 2,022       $ 4,878       $ 2,764       $ 2,114      
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

As of September 30, 2015 and June 30, 2015 goodwill amounted to approximately $50,000 and is included in other assets.

The company amortizes licenses and other intangible assets under the straight line method. Amortization expense was approximately $113,000 and $88,000 for the three months ended September 30, 2015 and 2014, respectively. Amortization expense for the next five fiscal years and thereafter is expected to be as follows (in thousands):

 

June 30,

      

2016

   $ 416   

2017

     424   

2018

     332   

2019

     304   

2020

     277   

Thereafter

     269   
  

 

 

 
   $ 2,022