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Goodwill and Intangible Assets
12 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
8. GOODWILL AND INTANGIBLE ASSETS

SunLinkā€™s Specialty Pharmacy Segment has goodwill and intangible assets related to its Carmichael acquisition, which consists of:.

Goodwill:

 

     June 30,  
     2015      2014  

Specialty Pharmacy Segment

   $ 461       $ 461   
  

 

 

    

 

 

 

Intangible assets:

 

     June 30,  
     2015      2014  

Specialty Pharmacy Segment

     

Trade Name

   $ 2,000       $ 2,000   

Customer Relationships

     1,089         1,089   

Medicare License

     769         769   
  

 

 

    

 

 

 
     3,858         3,858   

Accumulated Amortization

     (1,021      (879
  

 

 

    

 

 

 

Total

   $ 2,837       $ 2,979   
  

 

 

    

 

 

 

The Trade Name intangible asset under the Specialty Pharmacy Segment is a non-amortizing intangible asset. Customer Relationships intangible asset is being amortized over 12 years and Medicare License intangible asset is being amortized over 15 years.

Amortization expense was $142 for each of the fiscal years ended June 30, 2015, 2014 and 2013, respectively.

Annual amortization of amortizing intangibles for the next five years and thereafter is as follows:

 

2016

   $ 142   

2017

     142   

2018

     142   

2019

     142   

2020

     125   

2021 and thereafter

     144   
  

 

 

 

Total

   $ 837