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Goodwill and Intangible Assets | 12 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | NOTE 6: GOODWILL AND INTANGIBLE ASSETS We evaluate goodwill for impairment annually on September 30 and upon the occurrence of certain triggering events or substantive changes in circumstances that indicate that the fair value of goodwill may be impaired. As of September 30, 2024, we assessed qualitative and quantitative factors and determined that it was not more-likely-than-not that the fair values of our reporting units were less than their carrying values as of the testing date. As a result of our assessment, no goodwill impairment charge was recorded during the fiscal year ended September 30, 2024. There was no impairment charge recorded during the fiscal years ended September 30, 2023 and 2022. Accumulated goodwill impairment losses of $41.3 million were recorded prior to 2022 associated with the U.S. Pawn ($10.0 million) and Latin America Pawn ($31.3 million) segments because of the impact of the COVID-19 pandemic on typical customer behavior, which led to a significant decline in pawn loan balances and the mandated closure of stores in our GPMX countries. The following table presents the changes in the carrying value of goodwill by segment:
(in thousands) | U.S. Pawn |  | Latin America Pawn |  | Consolidated
Balances as of September 30, 2022 | $ | 245,503 |  |  | $ | 41,325 |  |  | $ | 286,828 |
Acquisitions(a) | 10,439 |  |  | — |  |  | 10,439 |
Effect of foreign currency translation changes | — |  |  | 5,105 |  |  | 5,105 |
Balances as of September 30, 2023 | $ | 255,942 |  |  | $ | 46,430 |  |  | $ | 302,372 |
Acquisitions(a) | 8,486 |  |  | — |  |  | 8,486 |
Effect of foreign currency translation changes | — |  |  | (4,380) |  |  | (4,380) |
Balances as of September 30, 2024 | $ | 264,428 |  |  | $ | 42,050 |  |  | $ | 306,478 |
(a) Amount represents goodwill recognized in connection with acquisitions within the U.S. Pawn segment that were immaterial, individually and in the aggregate, and we have therefore omitted certain disclosures. As of September 30, 2024, we assessed qualitative and quantitative factors and determined that it was not more-likely-than-not that the fair values of our indefinite-lived intangible assets were less than their carrying values. The following table presents the balance of each major class of intangible assets:
| September 30,
(in thousands) | 2024 |  | 2023
Non-amortizing intangible assets: |  |  |
Trade names | $ | 18,771 |  |  | $ | 19,793 |
Pawn licenses | 9,534 |  |  | 9,535 |
| $ | 28,305 |  |  | $ | 29,328 |
Amortizing intangible assets: |  |  |
Internally developed software | $ | 103,428 |  |  | $ | 89,488 |
Accumulated amortization | (73,318) |  |  | (60,628) |
| $ | 30,110 |  |  | $ | 28,860 |
Other | $ | 2,303 |  |  | $ | 2,346 |
Accumulated amortization | (2,267) |  |  | (2,318) |
| $ | 36 |  |  | $ | 28 |
Intangible assets, net | $ | 58,451 |  |  | $ | 58,216 |
The amortization of most definite-lived intangible assets is recorded as amortization expense and included under “Depreciation and amortization” expense in our Consolidated Statements of Operations. These amounts were $11.6 million, $10.0 million and $11.7 million for fiscal 2024, 2023 and 2022, respectively. A charge of $2.4 million was recorded during fiscal 2022 to ”General and administrative” expenses in our Consolidated Statements of Operations related to an asset write-down associated with an information technology software infrastructure migration. As of September 30, 2024, our estimate of future amortization expense for definite-lived intangible assets is as follows (in thousands):
2025 |  | $ | 10,674 |
2026 |  | 8,257 |
2027 |  | 6,008 |
2028 |  | 3,485 |
2029 |  | 1,708 |
Thereafter |  | 14 |
|  | $ | 30,146 |
As acquisitions and dispositions occur in the future, amortization expense may vary from these estimates.

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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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