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Goodwill and Intangible Assets

12 Months Ended

Sep. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

GoodwillAndIntangibleAssetsDisclosureTextBlock

16. GOODWILL AND INTANGIBLE ASSETS

Goodwill

The following is a progression of goodwill by segment for the years ended September 30, 2018, 2017 and 2016:

	Commercial				Infrastructure
	& Industrial			Communications	Solutions		Residential		Total
Balance at September 30, 2016	$	3,806	$	-	$	27,499	$	8,631	$	39,936
Acquisitions "Note 18"		3,411		-		3,710		-		7,121
Divestitures "Note 18"		-		-		(51)		-		(51)
Purchase Accounting Adjustments		(41)		-		(272)		-		(313)
Balance at September 30, 2017		7,176		-		30,886		8,631		46,693
Acquisitions "Note 18"		-		2,892		-		1,348		4,240
Purchase Accounting Adjustments		(200)		(76)		45		-		(231)
Balance at September 30, 2018	$	6,976	$	2,816	$	30,931	$	9,979	$	50,702

Based upon the results of our annual impairment analysis, the fair value of our each of our four segments exceeded the book value at September 30, 2018, and warranted no impairment.

Intangible Assets

Intangible assets consist of the following:

		September 30, 2018
	Estimated
	Useful Lives		Gross Carrying		Accumulated
	(in Years)		Amount		Amortization	Net
Trademarks/trade names	5 - 20	$	5,084	$	831	$	4,253
Technical library	20		400		101		299
Customer relationships	6 - 15		33,539		7,870		25,669
Non-competition arrangements	5		40		1		39
Backlog	1		378		176		202
Construction contracts	1		2,184		2,056		128
Total		$	41,625	$	11,035	$	30,590

		September 30, 2017
	Estimated
	Useful Lives		Gross Carrying		Accumulated
	(in Years)		Amount		Amortization	Net
Trademarks/trade names	5 - 20	$	4,643	$	440	$	4,203
Technical library	20		400		81		319
Customer relationships	6 - 15		31,115		4,741		26,374
Non-competition arrangements	5		-		-		-
Backlog	1		2,412		2,130		282
Construction contracts	1		2,399		2,164		235
Total		$	40,969	$	9,556	$	31,413

For the years ended September 30, 2018, 2017 and 2016, amortization expense of intangible assets was $4,101, $5,766 and $2,936, respectively. Our future amortization expense for years ended September 30 is as follows:

Year Ended September 30,
2019	$	3,944
2020		3,247
2021		3,515
2022		3,157
2023		2,780
Thereafter		13,947
Total	$	30,590

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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