v3.26.3
Goodwill and Intangible Assets
12 Months Ended
Jun. 30, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

NOTE 7 – GOODWILL AND INTANGIBLE ASSETS

Goodwill

Changes in the carrying amount of goodwill, by segment, is as follows:

(In thousands)

United States

 

 

Canada

 

 

Total

 

Balance as of June 30, 2025

$

97,794

 

 

$

19,843

 

 

$

117,637

 

Acquisitions

 

5,221

 

 

 

 

 

 

5,221

 

Foreign currency translation

 

338

 

 

 

(824

)

 

 

(486

)

 

 

 

 

 

 

 

 

 

Balance as of June 30, 2026

$

103,353

 

 

$

19,019

 

 

$

122,372

 

Intangible Assets

Intangible assets consist of the following:

 

June 30, 2026

 

(In thousands)

Weighted
Average
Amortization
Period

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

Customer related

8.5 years

 

$

151,229

 

 

$

(109,569

)

 

$

41,660

 

Trade names and trademarks

4.7 years

 

 

15,196

 

 

 

(13,441

)

 

 

1,755

 

Developed technology

0.4 years

 

 

4,091

 

 

 

(3,750

)

 

 

341

 

Licenses

0.7 years

 

 

733

 

 

 

(678

)

 

 

55

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

171,249

 

 

$

(127,438

)

 

$

43,811

 

 

 

 

June 30, 2025

 

(In thousands)

Weighted
Average
Amortization
Period

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

Customer related

9.2 years

 

$

150,339

 

 

$

(104,648

)

 

$

45,691

 

Trade names and trademarks

5.6 years

 

 

15,409

 

 

 

(13,269

)

 

 

2,140

 

Developed technology

1.4 years

 

 

4,091

 

 

 

(2,932

)

 

 

1,159

 

Licenses

1.7 years

 

 

764

 

 

 

(631

)

 

 

133

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

170,603

 

 

$

(121,480

)

 

$

49,123

 

Amortization expense was $7,247 and $10,618 for the fiscal years ended June 30, 2026 and 2025, respectively.

Future amortization expense for each of the next five fiscal years ending June 30 are as follows:

(In thousands)

 

 

2027

$

6,537

 

2028

 

5,785

 

2029

 

5,201

 

2030

 

5,004

 

2031

 

4,784