Goodwill and Other Intangible Assets, Net (Tables)
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9 Months Ended |
Mar. 30, 2025 |
Goodwill and Intangible Assets Disclosure [Abstract] |
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Schedule of Goodwill by Segment |
The following table presents goodwill by segment and the related change in the net carrying amount: | | | | | | | | | | | | | | | | | | | | | | | | | Consumer Floral & Gifts | | BloomNet | | Gourmet Foods & Gift Baskets | | Total | | | | | | | | | | (in thousands) | Balance at June 30, 2024 | $ | 153,577 | | | $ | 2,960 | | | $ | - | | | $ | 156,537 | | Acquisition of Scharffen Berger | - | | | - | | | 111 | | | 111 | | Impairment | (113,420) | | | - | | | - | | | (113,420) | | Balance at March 30, 2025 | $ | 40,157 | | | $ | 2,960 | | | $ | 111 | | | $ | 43,228 | |
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Schedule of Finite-Lived Intangible Assets |
The Company’s other intangible assets, net consist of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 30, 2025 | | June 30, 2024 | | Amortization Period | | Gross Carrying Amount | | Accumulated Amortization | | Net | | Gross Carrying Amount | | Accumulated Amortization | | Net | | | | | | | | | | | | | | | | (in years) | | (in thousands) | Intangible assets with determinable lives | | | | | | | | | | | | | | Investment in licenses | 14 - 16 | | $ | 7,420 | | | $ | 6,753 | | | $ | 667 | | | $ | 7,420 | | | $ | 6,674 | | | $ | 746 | | Customer lists | 3 - 10 | | 29,647 | | | 27,404 | | | 2,243 | | | 29,647 | | | 25,932 | | | 3,715 | | Other | 5 - 14 | | 2,946 | | | 2,709 | | | 237 | | | 2,946 | | | 2,664 | | | 282 | | Total intangible assets with determinable lives | | | 40,013 | | | 36,866 | | | 3,147 | | | 40,013 | | | 35,270 | | | 4,743 | | Trademarks with indefinite lives | | | 86,673 | | | - | | | 86,673 | | | 111,473 | | | - | | | 111,473 | | Total identifiable intangible assets | | | $ | 126,686 | | | $ | 36,866 | | | $ | 89,820 | | | $ | 151,486 | | | $ | 35,270 | | | $ | 116,216 | |
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Schedule of Indefinite-Lived Intangible Assets |
The Company’s other intangible assets, net consist of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 30, 2025 | | June 30, 2024 | | Amortization Period | | Gross Carrying Amount | | Accumulated Amortization | | Net | | Gross Carrying Amount | | Accumulated Amortization | | Net | | | | | | | | | | | | | | | | (in years) | | (in thousands) | Intangible assets with determinable lives | | | | | | | | | | | | | | Investment in licenses | 14 - 16 | | $ | 7,420 | | | $ | 6,753 | | | $ | 667 | | | $ | 7,420 | | | $ | 6,674 | | | $ | 746 | | Customer lists | 3 - 10 | | 29,647 | | | 27,404 | | | 2,243 | | | 29,647 | | | 25,932 | | | 3,715 | | Other | 5 - 14 | | 2,946 | | | 2,709 | | | 237 | | | 2,946 | | | 2,664 | | | 282 | | Total intangible assets with determinable lives | | | 40,013 | | | 36,866 | | | 3,147 | | | 40,013 | | | 35,270 | | | 4,743 | | Trademarks with indefinite lives | | | 86,673 | | | - | | | 86,673 | | | 111,473 | | | - | | | 111,473 | | Total identifiable intangible assets | | | $ | 126,686 | | | $ | 36,866 | | | $ | 89,820 | | | $ | 151,486 | | | $ | 35,270 | | | $ | 116,216 | |
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