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Other Intangible Assets
6 Months Ended
Dec. 31, 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):

 

     December 31, 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       $ 288       $ 69       $ 357       $ 276       $ 81       17

Trademarks

     229         113         116         214         108         106       20

Acquired technologies

     95         78         17         95         72         23       2

Licenses

     4,245         2,513         1,732         4,212         2,308         1,904       3 - 10
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Total

   $ 4,926       $ 2,992       $ 1,934       $ 4,878       $ 2,764       $ 2,114      
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

As of December 31, 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 $115,000 and $228,000 for the three and six months ended December 31, 2015 and $102,000 and $190,000 for the prior year periods, respectively. Amortization expense for the next five fiscal years and thereafter is expected to be as follows (in thousands):

 

June 30,

  

2016

   $ 296   

2017

     440   

2018

     348   

2019

     304   

2020

     277   

Thereafter

     269   
  

 

 

 
   $ 1,934