Goodwill and Intangible Assets

6 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Amortization expense associated with our intangible assets is reflected as a separate operating expense caption — amortization of intangible assets — and is excluded from cost of revenues and selling, general and administrative expenses within the accompanying condensed consolidated statements of income and comprehensive income. Amortization expense consisted of the following: 

	Quarter Ended March 31,				Six Months Ended March 31,
	2020		2019		2020		2019
	(In thousands)
Completed technology	$	463	$	494	$	1,038	$	988
Customer contracts and relationships	658		1,009		1,798		2,017
Trade names	38		—		75		—
Non-compete agreements	43		—		87		—
Total	$	1,202	$	1,503	$	2,998	$	3,005

Estimated future intangible asset amortization expense associated with intangible assets existing at March 31, 2020 was as follows:

Year Ending September 30,	(In thousands)
2020 (excluding the six months ended March 31, 2020)	$	1,987
2021	3,622
2022	3,334
2023	1,317
2024	917
	$	11,177

The following table summarizes changes to goodwill during the six months ended March 31, 2020, both in total and as allocated to our segments:

	Applications		Scores		Decision Management Software		Total
	(In thousands)
Balance at September 30, 2019	$	588,614	$	146,648	$	68,280	$	803,542
Foreign currency translation adjustment	1,006		—		102		1,108
Balance at March 31, 2020	$	589,620	$	146,648	$	68,382	$	804,650