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Goodwill and Other Intangible Assets | 3 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets A summary of the carrying amount of goodwill attributable to each segment as well as the changes in such amounts are as follows:
| Memorialization |  | Industrial Technologies |  | SGK Brand Solutions |  | Consolidated
Net goodwill at September 30, 2023 | $ | 366,015 |  |  | $ | 115,073 |  |  | $ | 217,021 |  |  | $ | 698,109 |
Translation and other adjustments | 4,013 |  |  | 931 |  |  | 5,908 |  |  | 10,852 |
Net goodwill at December 31, 2023 | $ | 370,028 |  |  | $ | 116,004 |  |  | $ | 222,929 |  |  | $ | 708,961 |
The net goodwill balances at December 31, 2023 and September 30, 2023 included $261,186 of accumulated impairment losses. Accumulated impairment losses at December 31, 2023 and September 30, 2023 were $5,000, $23,946 and $232,240 for the Memorialization, Industrial Technologies and SGK Brand Solutions segments, respectively. The Company performed its annual impairment review of goodwill and indefinite-lived intangible assets in the second quarter of fiscal 2023 (January 1, 2023) and determined that the estimated fair values for all goodwill reporting units exceeded their carrying values, therefore no impairment charges were necessary. The Company performed an interim assessment of its SGK Brand Solutions goodwill reporting unit as of September 1, 2023. The results of this review indicated that the estimated fair value of the Company's SGK Brand Solutions reporting unit exceeded the carrying value (expressed as a percentage of carrying value) by approximately 4%. The fair value for the reporting unit was determined using level 3 inputs (including estimates of revenue growth, EBITDA contribution and the discount rates) and a combination of the income approach using the estimated discounted cash flows and a market-based valuation methodology. If current projections are not achieved or specific valuation factors outside the Company's control (such as discount rates and continued economic and industry challenges) significantly change, additional goodwill write-downs may be necessary in future periods. Note 16. Goodwill and Other Intangible Assets (continued) The following tables summarize the carrying amounts and related accumulated amortization for intangible assets as of December 31, 2023 and September 30, 2023, respectively.
| Carrying Amount |  | Accumulated Amortization |  | Net
December 31, 2023: |  |  |  |  |
Indefinite-lived trade names | $ | 30,540 |  |  | $ | — |  |  | $ | 30,540 |
Definite-lived trade names | 151,481 |  |  | (123,849) |  |  | 27,632 |
Customer relationships | 377,957 |  |  | (288,596) |  |  | 89,361 |
Copyrights/patents/other | 19,640 |  |  | (15,831) |  |  | 3,809 |
| $ | 579,618 |  |  | $ | (428,276) |  |  | $ | 151,342 |
September 30, 2023: |  |  |  |  |
Indefinite-lived trade names | $ | 30,540 |  |  | $ | — |  |  | $ | 30,540 |
Definite-lived trade names | 151,185 |  |  | (122,474) |  |  | 28,711 |
Customer relationships | 378,161 |  |  | (280,910) |  |  | 97,251 |
Copyrights/patents/other | 19,375 |  |  | (15,399) |  |  | 3,976 |
| $ | 579,261 |  |  | $ | (418,783) |  |  | $ | 160,478 |
The net change in intangible assets during the three months ended December 31, 2023 included the impact of foreign currency fluctuations during the period and additional amortization. Amortization expense on intangible assets was $9,795 and $10,342 for the three-month periods ended December 31, 2023 and 2022, respectively. Amortization expense is estimated to be $26,436 for the remainder of fiscal 2024, $20,493 in 2025, $14,081 in 2026, $13,007 in 2027 and $10,960 in 2028.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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