Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets

v3.21.2
Goodwill and Other Intangible Assets
 12 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The following presents goodwill activity during the fiscal years ended September 30, 2021 and 2020 (in thousands):
Balance at September 30, 2019 $ 38,546 
Additions 7,802 
Balance at September 30, 2020 46,348 
Additions 39,074 
Balance at September 30, 2021 $ 85,422 
A summary of other intangible assets at September 30, 2021 and 2020 is as follows (in thousands):
September 30,
2021 2020
Useful
Life		 Gross Accumulated
Amortization		 Net Book
Value		 Gross Accumulated
Amortization		 Net Book
Value
Indefinite-lived:
License Indefinite $ 2,000  N/A $ 2,000  $ 2,000  N/A $ 2,000 
Finite-lived:
Customer relationship
8 years
 1,645  (640) 1,005  1,645  (435) 1,210 
Non-compete agreements
5 years
 1,295  (137) 1,158  20  (6) 14 
Total intangible assets $ 4,940  $ (777) $ 4,163  $ 3,665  $ (441) $ 3,224 
Total amortization expense related to finite-lived intangible assets was $0.3 million, $0.2 million and $1.1 million for the fiscal years ended September 30, 2021, 2020 and 2019, respectively.
Estimated future total amortization expense related to finite-lived intangible assets is as follows (in thousands):
Fiscal Year Estimated Amortization Expense
2022 $ 429 
2023 354 
2024 352 
2025 349 
2026 298 
Thereafter 381 
   Total $ 2,163