XML 42 R28.htm IDEA: XBRL DOCUMENT
v3.10.0.1

GOODWILL AND OTHER INTANGIBLE ASSETS | 12 Months Ended
--- | ---
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS: Changes to goodwill during the years ended September 30, 2018 and 2017, follow.
| SGK Brand Solutions |  | Memorialization |  | Industrial Technologies |  | Consolidated
Goodwill | $ | 458,510 |  |  | $ | 347,116 |  |  | $ | 56,615 |  |  | $ | 862,241 |
Accumulated impairment losses | (5,752 | ) |  | (5,000 | ) |  | — |  |  | (10,752 | )
Balance at September 30, 2016 | 452,758 |  |  | 342,116 |  |  | 56,615 |  |  | 851,489 |
Additions during period | 21,361 |  |  | 158 |  |  | 11,694 |  |  | 33,213 |
Translation and other adjustments | 12,024 |  |  | 233 |  |  | 835 |  |  | 13,092 |
Goodwill | 491,895 |  |  | 347,507 |  |  | 69,144 |  |  | 908,546 |
Accumulated impairment losses | (5,752 | ) |  | (5,000 | ) |  | — |  |  | (10,752 | )
Balance at September 30, 2017 | 486,143 |  |  | 342,507 |  |  | 69,144 |  |  | 897,794 |
Additions during period | 8,743 |  |  | 29,059 |  |  | 22,877 |  |  | 60,679 |
Translation and other adjustments | (9,568 | ) |  | (16 | ) |  | 5 |  |  | (9,579 | )
Goodwill | 491,070 |  |  | 376,550 |  |  | 92,026 |  |  | 959,646 |
Accumulated impairment losses | (5,752 | ) |  | (5,000 | ) |  | — |  |  | (10,752 | )
Balance at September 30, 2018 | $ | 485,318 |  |  | $ | 371,550 |  |  | $ | 92,026 |  |  | $ | 948,894 |
The Company performed its annual impairment review of goodwill in the second quarter of fiscal 2018 and determined that estimated fair value for all reporting units exceeded carrying value, therefore no adjustments to the carrying value of goodwill were necessary. In fiscal 2018, the additions to SGK Brand Solutions goodwill reflects several smaller acquisitions. The additions to Memorialization goodwill reflects the acquisitions of Star Granite and several additional smaller acquisitions. The addition to Industrial Technologies goodwill reflects the acquisition of Compass. In fiscal 2017, the additions to SGK Brand Solutions goodwill primarily reflects the acquisitions of Equator, VCG and Ungricht. The additions to Industrial Technologies goodwill primarily reflects the acquisitions of RAF and Guidance. The following tables summarize the carrying amounts and related accumulated amortization for intangible assets as of September 30, 2018 and 2017, respectively.
| Carrying Amount |  | Accumulated Amortization |  | Net
September 30, 2018 |  |  |  |  |
Trade names | $ | 126,047 |  |  | $ | — |  | * | $ | 126,047 |
Trade names | 53,523 |  |  | (5,444 | ) |  | 48,079 |
Customer relationships | 372,382 |  |  | (110,760 | ) |  | 261,622 |
Copyrights/patents/other | 20,848 |  |  | (12,686 | ) |  | 8,162 |
| $ | 572,800 |  |  | $ | (128,890 | ) |  | $ | 443,910 |
September 30, 2017 |  |  |  |  |  |  |  |
Trade names | $ | 168,467 |  |  | $ | — |  | * | $ | 168,467 |
Trade names | 5,522 |  |  | (2,030 | ) |  | 3,492 |
Customer relationships | 333,632 |  |  | (84,560 | ) |  | 249,072 |
Copyrights/patents/other | 14,787 |  |  | (11,436 | ) |  | 3,351 |
| $ | 522,408 |  |  | $ | (98,026 | ) |  | $ | 424,382 |
*Not subject to amortization |  |  |  |  |  |  |  |
The net change in intangible assets during fiscal 2018 included the impact of foreign currency fluctuations during the period, additional amortization, and additions related to acquisitions, primarily Star Granite and Compass. During fiscal 2018, the Company also converted certain of its trade names from indefinite-lived to definite-lived, and accordingly, these intangible assets are now subject to amortization. Amortization expense on intangible assets was $31,562, $23,313, and $20,821 in fiscal 2018, 2017 and 2016, respectively. Fiscal year amortization expense is estimated to be $32,128 in 2019, $30,388 in 2020, $28,976 in 2021, $27,387 in 2022 and $25,815 in 2023.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration