Goodwill and Intangible Assets

12 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets that are subject to amortization consisted of the following at September 30, 2023 and 2022:


	September 30, 2023							September 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net		Weighted Average Life in Years	Gross Carrying Amount		Accumulated Amortization		Net		Weighted Average Life in Years
	(In thousands, except average life)
Completed technology	$	69,706	$	(69,289)	$	417	5	$	67,760	$	(66,843)	$	917	5
Customer contracts and relationships	3,000		(2,500)		500		5	3,000		(1,900)		1,100		5


	$	72,706	$	(71,789)	$	917	5	$	70,760	$	(68,743)	$	2,017	5

Amortization expense associated with our intangible assets is reflected as a separate operating expense caption — amortization of intangible assets — and is excluded from cost of revenues and selling, general and administrative expenses within the accompanying consolidated statements of income and comprehensive income. Amortization expense consisted of the following:


	Year Ended September 30,
	2023		2022		2021
	(In thousands)
Completed technology	$	500	$	500	$	1,027
Customer contracts and relationships	600		1,561		2,082

Non-compete agreements	—		—		146
Total	$	1,100	$	2,061	$	3,255

At September 30, 2023, estimated future intangible asset amortization expense was $0.9 million, which will be recognized in fiscal 2024.

The following table summarizes changes to goodwill during fiscal 2023 and 2022, both in total and as allocated to our segments. We have not recognized any goodwill impairment losses to date.


	Scores		Software		Total
	(In thousands)
Balance at September 30, 2021	$	146,648	$	641,537	$	788,185


Foreign currency translation adjustment	—		(27,118)		(27,118)
Balance at September 30, 2022	146,648		614,419		761,067


Foreign currency translation adjustment	—		12,260		12,260
Balance at September 30, 2023	$	146,648	$	626,679	$	773,327