Quarterly report pursuant to Section 13 or 15(d)

Goodwill

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Goodwill
 9 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

Note (12) – Goodwill: The changes in the carrying amount of goodwill are as follows (in thousands):

 

Balance at June 30, 2022   $ 71,039  
Goodwill from acquisitions (1)     1,873  
Working capital adjustments (2)     183  
Balance at March 31, 2023   $ 73,095  

(1) Relates to the acquisitions of ACT, K&B and WCL, each of which was consummated during the nine months ended March 31, 2023, as described in Note 4, “Acquisitions.”

(2) Represents working capital adjustments related to business acquisitions consummated by the Company during the fiscal year ended June 30, 2022.