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GOODWILL AND INTANGIBLE ASSETS | 9 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS The Company held a total of $309.5 million of goodwill at June 30, 2024. The recorded goodwill is a result of multiple business combinations that occurred from 2015 to 2018. There have been no changes to the carrying amount of goodwill during the nine months ended June 30, 2024.
The changes in the carrying amount of the Company’s intangible assets were as follows:
(Dollars in thousands) | Trademark(1) | Non-Compete | Customer Relationships(2) | All Others(3) | Total
At September 30, 2023 | $ | 7,477 |  | $ | — |  | $ | 9,110 |  | $ | 4,133 |  | $ | 20,720 |
Amortization during the period | (790) |  | — |  | (2,018) |  | (399) |  | (3,207) |
At June 30, 2024 | $ | 6,687 |  | $ | — |  | $ | 7,092 |  | $ | 3,734 |  | $ | 17,513 |
Gross carrying amount | $ | 13,774 |  | $ | 301 |  | $ | 77,578 |  | $ | 7,732 |  | $ | 99,385 |
Accumulated amortization | (7,087) |  | (301) |  | (59,568) |  | (3,845) |  | (70,801) |
Accumulated impairment | — |  | — |  | (10,918) |  | (153) |  | (11,071) |
At June 30, 2024 | $ | 6,687 |  | $ | — |  | $ | 7,092 |  | $ | 3,734 |  | $ | 17,513 |
At September 30, 2022 | $ | 8,605 |  | $ | — |  | $ | 12,395 |  | $ | 4,691 |  | $ | 25,691 |
Amortization during the period | (868) |  | — |  | (2,595) |  | (398) |  | (3,861) |
At June 30, 2023 | $ | 7,737 |  | $ | — |  | $ | 9,800 |  | $ | 4,293 |  | $ | 21,830 |
Gross carrying amount | $ | 14,624 |  | $ | 2,481 |  | $ | 82,088 |  | $ | 9,940 |  | $ | 109,133 |
Accumulated amortization | (6,887) |  | (2,481) |  | (61,370) |  | (5,429) |  | (76,167) |
Accumulated impairment | — |  | — |  | (10,918) |  | (218) |  | (11,136) |
At June 30, 2023 | $ | 7,737 |  | $ | — |  | $ | 9,800 |  | $ | 4,293 |  | $ | 21,830 |
(1) Book amortization period of 5-15 years. Amortized using the straight line and accelerated methods. (2) Book amortization period of 10-30 years. Amortized using the accelerated method. (3) Book amortization period of 3-20 years. Amortized using the straight line method. The estimated amortization expense of intangible assets assumes no activities, such as acquisitions, which would result in additional amortizable intangible assets. Estimated amortization expense of intangible assets in the remaining three months of fiscal 2024 and subsequent fiscal years at June 30, 2024 was as follows:
(Dollars in thousands) |
Remaining in 2024 | $ | 923 |
2025 | 3,569 |
2026 | 3,223 |
2027 | 2,577 |
2028 | 2,267 |
Thereafter | 4,954 |
Total anticipated intangible amortization | $ | 17,513 |
There were no impairments to intangible assets during the nine months ended June 30, 2024 and 2023. Intangible impairment expense is recorded within the impairment expense line of the Condensed Consolidated Statements of Operations.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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