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Goodwill and Intangible Assets | 12 Months Ended
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Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | 6. GOODWILL AND INTANGIBLE ASSETS Goodwill The Company has goodwill balances of $32.6 million and $34.4 million at September 30, 2019 and 2018, respectively, representing the excess of costs over fair value of net assets of businesses acquired. Goodwill acquired in a business combination and determined to have an indefinite useful life is not amortized, but instead is tested for impairment at least annually in accordance with ASC Topic 350. The following table summarizes changes in the balance of goodwill during the year ended September 30, 2019 (amounts shown in thousands):
Balance at September 30, 2018 | $ | 34,407 |
A2iA purchase accounting adjustment | 121 |
Foreign currency effect on goodwill | (1,892) |
Balance at September 30, 2019 | $ | 32,636 |
Intangible assets Intangible assets include the value assigned to completed technologies, customer relationships, and trade names. The estimated useful lives for all of these intangible assets, range from two to seven years. Intangible assets as of September 30, 2019 and 2018 are summarized as follows (amounts shown in thousands, except for years):
September 30, 2019: |  | Weighted Average Amortization Period |  | Cost |  | Accumulated Amortization |  | Net
Completed technologies |  | 6.4 years |  | $ | 20,341 |  |  | $ | 7,104 |  |  | $ | 13,237 |
Customer relationships |  | 4.8 years |  | 17,628 |  |  | 6,701 |  |  | 10,927 |
Trade names |  | 4.5 years |  | 618 |  |  | 377 |  |  | 241 |
Total intangible assets |  |  |  | $ | 38,587 |  |  | $ | 14,182 |  |  | $ | 24,405 |
September 30, 2018: |  | Weighted Average Amortization Period |  | Cost |  | Accumulated Amortization |  | Net
Completed technologies |  | 6.4 years |  | $ | 20,341 |  |  | $ | 3,070 |  |  | $ | 17,271 |
Customer relationships |  | 4.8 years |  | 17,628 |  |  | 2,351 |  |  | 15,277 |
Trade names |  | 4.5 years |  | 618 |  |  | 219 |  |  | 399 |
Total intangible assets |  |  |  | $ | 38,587 |  |  | $ | 5,640 |  |  | $ | 32,947 |
Amortization expense related to acquired intangible assets was $7.0 million, $4.0 million, and $0.6 million for fiscal years ended September 30, 2019, 2018, and 2017, respectively and is recorded in acquisition-related costs and expenses in the consolidated statements of operations. The estimated future amortization expense related to intangible assets for each of the five succeeding fiscal years is expected to be as follows (amounts shown in thousands):
|  | Estimated Future Amortization Expense
2020 | $ | 6,258 |
2021 | 5,998 |
2022 | 5,613 |
2023 | 3,683 |
2024 | 1,734 |
Thereafter | 1,119 |
Total | $ | 24,405 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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