Goodwill and Intangible Assets (Tables)

9 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The following table summarizes changes in the balance of goodwill during the nine months ended June 30, 2020 (amounts shown in thousands):


Balance at September 30, 2019	$	32,636
Other adjustments(1)	806
Foreign currency effect on goodwill and other	807
Balance at June 30, 2020	$	34,249

(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 acquisition of A2iA. 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 June 30, 2020 has been adjusted.

Schedule of Intangible Assets

Intangible assets as of June 30, 2020 and September 30, 2019, respectively, are summarized as follows (amounts shown in thousands, except for years):


June 30, 2020:	Weighted Average Amortization Period	Cost		Accumulated Amortization		Net
Completed technologies	6.4 years	$	20,341	$	9,095	$	11,246
Customer relationships	4.8 years	17,628		8,866		8,762
Trade names	4.5 years	618		475		143
Total intangible assets		$	38,587	$	18,436	$	20,151


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
2020—remaining	$	1,585
2021	6,134
2022	5,738
2023	3,766
2024	1,779
2025	1,149

Total	$	20,151