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Goodwill
 9 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
Our goodwill balance of $28.5 million as of June 30, 2023 represents the excess of the cost of an acquired business over the estimated fair values of the assets acquired and liabilities assumed. The changes in the carrying value of goodwill are presented in the table below.
June 30, 2023September 30, 2022
Balance at beginning of period$16,859 $16,859 
Additions to Goodwill for acquisition of Concorde11,600 — 
Balance at end of period$28,459 $16,859 
Of the $28.5 million recorded as goodwill as of June 30, 2023, $11.6 million resulted from the acquisition of Concorde, $8.6 million relates to the acquisition of MIAT as of November 1, 2021, and $8.2 million resulted from the acquisition of our motorcycle and marine education business in Orlando, Florida in 1998. As indicated in Note 1, as a result of the Concorde Acquisition, we have two reportable segments. Prior to the three months ended December 31, 2022, all goodwill related to our Postsecondary Education reportable operating segment for UTI.
The table below summarizes the goodwill balance by reportable segment:

June 30, 2023September 30, 2022
UTI$16,859 $16,859 
Concorde11,600 — 
Total$28,459 $16,859 
Goodwill is reviewed at least annually for impairment, which may result from the deterioration in the operating performance of the acquired businesses, adverse market conditions, adverse changes in applicable laws or regulations and a variety of other circumstances. Our goodwill is tested annually for impairment as of August 1 and more frequently if events or circumstances lead to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. There were no indicators of goodwill impairment as of June 30, 2023.