GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS

The Company held a total of $309.5 million of goodwill at September 30, 2022. The recorded goodwill is a result of multiple business combinations that occurred from 2015 to 2018. The Company did not enter into any business combinations in the fiscal year ended September 30, 2022. There have been no changes to the carrying amount of goodwill during the fiscal years ended September 30, 2022 and 2021.

The changes in the carrying amount of the Company's intangible assets were as follows:

(Dollars in thousands)	Trademark(1)		Non-Compete		Customer Relationships(2)		All Others(3)		Total
Intangible Assets
At September 30, 2021	$	9,823	$	40	$	17,868	$	5,417	$	33,148
Acquisitions during the period	—		—		—		1		1
Amortization during the period	(1,218)		(40)		(4,803)		(524)		(6,585)
Write-offs during the period	—		—		(670)		(203)		(873)
At September 30, 2022	$	8,605	$	—	$	12,395	$	4,691	$	25,691
Gross carrying amount	$	14,624	$	2,481	$	82,088	$	9,940	$	109,133
Accumulated amortization	(6,019)		(2,481)		(58,775)		(5,031)		(72,306)
Accumulated impairment	—		—		(10,918)		(218)		(11,136)
At September 30, 2022	$	8,605	$	—	$	12,395	$	4,691	$	25,691
At September 30, 2020	$	10,901	$	422	$	24,333	$	6,036	$	41,692
Acquisitions during the period	—		—		—		24		24
Amortization during the period	(1,078)		(382)		(6,465)		(620)		(8,545)
Write-offs during the period	—		—		—		(23)		(23)
At September 30, 2021	$	9,823	$	40	$	17,868	$	5,417	$	33,148
Gross carrying amount	$	14,624	$	2,481	$	82,088	$	10,142	$	109,335
Accumulated amortization	(4,801)		(2,441)		(53,972)		(4,507)		(65,721)
Accumulated impairment	—		—		(10,248)		(218)		(10,466)
At September 30, 2021	$	9,823	$	40	$	17,868	$	5,417	$	33,148

(1) Book amortization period of 5-15 years.Amortized using the straight line and accelerated methods.

(2) Book amortization period of 10-30 years. Amortized using the accelerated method.

(3) Book amortization period of 3-20 years. Amortized using the straight line method.

The estimated amortization expense of intangible assets assumes no activities, such as acquisitions, which would result in additional amortizable intangible assets. Estimated amortization expense of intangible assets in the subsequent fiscal years at September 30, 2022 was as follows:

(Dollars in thousands)
2023	$	4,937
2024	4,123
2025	3,561
2026	3,215
2027	2,569
Thereafter	7,286
Total anticipated intangible amortization	$	25,691

There was a $0.7 million impairment to intangible assets for the fiscal year ended September 30, 2022 and no impairment for the fiscal year ended September 30, 2021. Intangible impairment expense is recorded within the impairment expense line of the Consolidated Statements of Operations.