XML 63 R23.htm IDEA: XBRL DOCUMENT
v3.19.3

Goodwill and Intangible Assets | 12 Months Ended
--- | ---
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets Disclosure [Text Block] | 17. GOODWILL AND INTANGIBLE ASSETS Goodwill The following summarizes changes in the carrying value of goodwill by segment for the years ended September 30, 2019 and 2018:
| Commercial & Industrial |  | Communications |  | Infrastructure Solutions |  | Residential |  | Total
Balance at September 30, 2017 | $ | 7,176 |  |  | $ | — |  |  | $ | 30,886 |  |  | $ | 8,631 |  |  | $ | 46,693 |
Acquisitions (Note 19) | — |  |  | 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 |
Divestitures | — |  |  | — |  |  | (119 | ) |  | — |  |  | (119 | )
Purchase accounting adjustments | — |  |  | — |  |  | — |  |  | 39 |  |  | 39 |
Balance at September 30, 2019 | $ | 6,976 |  |  | $ | 2,816 |  |  | $ | 30,812 |  |  | $ | 10,018 |  |  | $ | 50,622 |
Based upon the results of our annual impairment assessment, the fair value of our each of our four segments exceeded the book value at September 30, 2019, and warranted no impairment. Intangible Assets Intangible assets consist of the following:
|  |  | September 30, 2019
| Estimated Useful Lives (in Years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Trademarks/trade names | 5 - 20 |  | $ | 5,084 |  |  | $ | (1,267 | ) |  | $ | 3,817 |
Technical library | 20 |  | 400 |  |  | (121 | ) |  | 279 |
Customer relationships | 6 - 15 |  | 33,539 |  |  | (11,051 | ) |  | 22,488 |
Non-competition arrangements | 5 |  | 40 |  |  | (9 | ) |  | 31 |
Backlog and construction contracts | 1 |  | 599 |  |  | (591 | ) |  | 8 |
Total |  |  | $ | 39,662 |  |  | $ | (13,039 | ) |  | $ | 26,623 |
|  |  | September 30, 2018
| Estimated Useful Lives (in Years) |  | Gross Carrying Amount |  | Accumulated 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 and construction contracts | 1 |  | 2,562 |  |  | (2,232 | ) |  | 330 |
Total |  |  | $ | 41,625 |  |  | $ | (11,035 | ) |  | $ | 30,590 |
For the years ended September 30, 2019, 2018, and 2017, amortization expense of intangible assets was $3,950, $4,101 and $5,766, respectively. The weighted average useful life of our intangible assets at September 30, 2019, was 9.3 years. Our estimated future amortization expense for years ended September 30 is as follows:
Year Ended September 30,
2020 | $ | 3,222 |
2021 | 3,249 |
2022 | 3,422 |
2023 | 2,785 |
2024 | 2,240 |
Thereafter | 11,705 |
Total | $ | 26,623 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration