Intangible Assets

12 Months Ended

Sep. 30, 2019

Finite-Lived Intangible Assets, Net [Abstract]

Intangible assets consist of the following:


		Balance as of September 30, 2019										Balance as of September 30, 2018
	Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted average useful Life (in years)
		(in thousands)										(in thousands)
Contract intangibles	6.0	$	3,100	$	(646)	$	2,454	$	3,100	$	(129)	$	2,971	6.0
Brand and technology	5.0	2,700		(675)		2,025		2,700		(135)		2,565		5.0
Patent and trademarks	7 - 10	2,276		(712)		1,564		2,269		(439)		1,830		7.8
Total intangible assets, net		$	8,076	$	(2,033)	$	6,043	$	8,069	$	(703)	$	7,366

Future expected amortization of intangible assets at September 30, 2019, is as follows:


Year Ending September 30,	Amortization
	(in thousands)
2020	$	1,336
2021	1,331
2022	1,322
2023	1,178
2024	640
2025 and after	236
Total	$	6,043

Amortization expense related to intangible assets for the years ended September 30, 2019, 2018 and 2017 was $1.3 million, $0.4 million and $1.0 million, respectively.

Impairment Analysis

The Company did not record intangible asset impairment charges during the years ended September 30, 2019 and 2018. During the year ended September 30, 2017, the Company recorded a $1.3 million impairment charge for contract intangibles associated with its IronDirect and TruckCenter businesses. These impairment charges are recorded in the Acquisition costs and impairment of goodwill and long-lived assets line item in the Consolidated Statements of Operations.