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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table summarizes changes in the balance of goodwill during the year ended September 30, 2020 (amounts shown in thousands):
Balance at September 30, 2019 | $ | 32,636 |
Other adjustments(1) | 806 |
Foreign currency effect on goodwill | 2,227 |
Balance at September 30, 2020 | $ | 35,669 |
(1) During the three months ended December 31, 2019, the Company determined that it had incorrectly classified $0.8 million of contract assets in its fair value estimate associated with the A2iA Acquisition. This asset was incorrectly recorded as other non-current assets with an offset to goodwill on the Company’s consolidated balance sheet during the three months ended June 30, 2018 and subsequent financial statements. The Company has determined that the adjustment was not material to any previously reported financial statements. Therefore, the consolidated balance sheet as of September 30, 2020 has been adjusted
Schedule of Intangible Assets | The estimated useful lives for all of these intangible assets, range from two to seven years. Intangible assets as of September 30, 2020 and 2019 are summarized as follows (amounts shown in thousands, except for years):
September 30, 2020: |  | Weighted Average Amortization Period |  | Cost |  | Accumulated Amortization |  | Net
Completed technologies |  | 6.4 years |  | $ | 20,341 |  |  | $ | 9,416 |  |  | $ | 10,925 |
Customer relationships |  | 4.8 years |  | 17,628 |  |  | 9,390 |  |  | 8,238 |
Trade names |  | 4.5 years |  | 618 |  |  | 492 |  |  | 126 |
Total intangible assets |  |  |  | $ | 38,587 |  |  | $ | 19,298 |  |  | $ | 19,289 |
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 |
Schedule of Estimated Future Amortization Expense | 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
2021 | $ | 6,368 |
2022 | 5,956 |
2023 | 3,909 |
2024 | 1,857 |
2025 | 1,199 |
Thereafter | — |
Total | $ | 19,289 |

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