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GOODWILL AND INTANGIBLE ASSETS | 3 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | GOODWILL AND INTANGIBLE ASSETS The Company held a total of $297.9 million of goodwill at December 31, 2024. The recorded goodwill is a result of multiple business combinations that occurred from 2015 to 2018. During the three months ended December 31, 2024, the Company closed on the sale of the commercial insurance premium finance business and derecognized the goodwill associated with that reporting unit. The goodwill was included in the carrying amount of the disposed business. See Note 3. Divestitures to the Condensed Consolidated Financial Statements for further information. The changes in the carrying amount of the Company's goodwill were as follows:
(Dollars in thousands) | Consumer | Commercial | Corporate Services/Other | Total
At September 30, 2024 | $ | 87,145 |  | $ | 222,360 |  | $ | — |  | $ | 309,505 |
Divestiture | — |  | (11,577) |  | — |  | (11,577) |
At December 31, 2024 | $ | 87,145 |  | $ | 210,783 |  | $ | — |  | $ | 297,928 |
At September 30, 2023 | $ | 87,145 |  | $ | 222,360 |  | $ | — |  | $ | 309,505 |
At December 31, 2023 | $ | 87,145 |  | $ | 222,360 |  | $ | — |  | $ | 309,505 |
The changes in the carrying amount of the Company’s intangible assets during the three months ended December 31, 2024 include certain intangibles disposed of as part of the commercial insurance premium finance business sale. The relevant intangibles were included in the carrying amount of the disposed business. See Note 3. Divestitures to the Condensed Consolidated Financial Statements for further information.
(Dollars in thousands) | Trademark(1) | Non-Compete | Customer Relationships(2) | All Others(3) | Total
At September 30, 2024 | $ | 6,422 |  | $ | — |  | $ | 6,566 |  | $ | 3,601 |  | $ | 16,589 |
Amortization during the period | (269) |  | — |  | (411) |  | (132) |  | (812) |
Write-offs and disposals during the period | — |  | — |  | (631) |  | — |  | (631) |
At December 31, 2024 | $ | 6,153 |  | $ | — |  | $ | 5,524 |  | $ | 3,469 |  | $ | 15,146 |
Gross carrying amount | $ | 13,774 |  | $ | 301 |  | $ | 70,338 |  | $ | 7,732 |  | $ | 92,145 |
Accumulated amortization | (7,621) |  | (301) |  | (53,896) |  | (4,110) |  | (65,928) |
Accumulated impairment | — |  | — |  | (10,918) |  | (153) |  | (11,071) |
At December 31, 2024 | $ | 6,153 |  | $ | — |  | $ | 5,524 |  | $ | 3,469 |  | $ | 15,146 |
At September 30, 2023 | $ | 7,477 |  | $ | — |  | $ | 9,110 |  | $ | 4,133 |  | $ | 20,720 |
Amortization during the period | (264) |  | — |  | (587) |  | (133) |  | (984) |
At December 31, 2023 | $ | 7,213 |  | $ | — |  | $ | 8,523 |  | $ | 4,000 |  | $ | 19,736 |
Gross carrying amount | $ | 13,774 |  | $ | 301 |  | $ | 77,578 |  | $ | 7,798 |  | $ | 99,451 |
Accumulated amortization | (6,561) |  | (301) |  | (58,137) |  | (3,579) |  | (68,578) |
Accumulated impairment | — |  | — |  | (10,918) |  | (219) |  | (11,137) |
At December 31, 2023 | $ | 7,213 |  | $ | — |  | $ | 8,523 |  | $ | 4,000 |  | $ | 19,736 |
(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 nine months of fiscal 2025 and subsequent fiscal years at December 31, 2024 was as follows:
(Dollars in thousands) |
Remaining in 2025 | $ | 2,620 |
2026 | 3,109 |
2027 | 2,489 |
2028 | 2,200 |
2029 | 1,585 |
Thereafter | 3,143 |
Total anticipated intangible amortization | $ | 15,146 |
There were no impairments to intangible assets during the three months ended December 31, 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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