XML 45 R10.htm IDEA: XBRL DOCUMENT v3.19.3
Goodwill and other Identifiable Intangible Assets
12 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS, NET
GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS, NET
Identifiable Intangible Assets, Net
Amortizable identifiable intangible assets, net as of September 30, 2019 and 2018 were comprised of the following (in thousands):
 
September 30, 2019
 
September 30, 2018
 
Gross
carrying
amount
 
Accum.
amort.
 
Net
 
Gross
carrying
amount
 
Accum.
amort.
 
Net
Purchased and core technology
$
57,699

 
$
(50,986
)
 
$
6,713

 
$
58,102

 
$
(48,693
)
 
$
9,409

License agreements
102

 
(74
)
 
28

 
102

 
(46
)
 
56

Patents and trademarks
14,577

 
(11,970
)
 
2,607

 
15,701

 
(12,242
)
 
3,459

Customer relationships
46,315

 
(25,266
)
 
21,049

 
46,605

 
(21,049
)
 
25,556

Non-compete agreements
600

 
(330
)
 
270

 
600

 
(210
)
 
390

Order backlog
1,800

 
(1,800
)
 

 
1,800

 
(1,350
)
 
450

Total
$
121,093

 
$
(90,426
)
 
$
30,667

 
$
122,910

 
$
(83,590
)
 
$
39,320


Amortization expense is included in our Consolidated Statements of Operations in cost of sales and general and administrative expense. Amortization expense in cost of sales includes amortization for purchased and core technology and certain patents and trademarks.
Amortization expense for fiscal years 2019, 2018 and 2017 was as follows (in thousands):
Fiscal year
Total
2019
$
8,818

2018
$
9,435

2017
$
2,597


3. GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS, NET (CONTINUED)
Estimated amortization expense for the next five years is as follows (in thousands):
Fiscal year
Total
2020
$
8,277

2021
$
7,434

2022
$
6,590

2023
$
4,392

2024
$
3,689


Goodwill
The changes in the carrying amount of goodwill by reportable segments are (in thousands):
 
Fiscal years ended September 30,
 
IoT
Products and Services
 
IoT
Solutions
 
Total
Balance on September 30, 2017
$
98,981

 
$
33,014

 
$
131,995

Acquisitions
5,663

 
17,553

 
23,216

Foreign currency translation adjustment
(286
)
 
(390
)
 
(676
)
Balance on September 30, 2018
$
104,358

 
$
50,177

 
$
154,535

Foreign currency translation adjustment
(839
)
 
(274
)
 
(1,113
)
Balance at September 30, 2019
$
103,519

 
$
49,903

 
$
153,422



No goodwill impairment has been recorded in any period presented.