GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Sep. 30, 2024

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, 2024. The recorded goodwill is a result of multiple business combinations that occurred from 2015 to 2018. There have been no changes to the carrying amount of goodwill during the fiscal years ended September 30, 2024 and 2023.

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
At September 30, 2023	$	7,477	$	—	$	9,110	$	4,133	$	20,720
Amortization during the period	(1,055)		—		(2,544)		(532)		(4,131)
At September 30, 2024	$	6,422	$	—	$	6,566	$	3,601	$	16,589
Gross carrying amount	$	13,774	$	301	$	77,578	$	7,732	$	99,385
Accumulated amortization	(7,352)		(301)		(60,094)		(3,978)		(71,725)
Accumulated impairment	—		—		(10,918)		(153)		(11,071)
At September 30, 2024	$	6,422	$	—	$	6,566	$	3,601	$	16,589
At September 30, 2022	$	8,605	$	—	$	12,395	$	4,691	$	25,691
Amortization during the period	(1,128)		—		(3,285)		(558)		(4,971)
At September 30, 2023	$	7,477	$	—	$	9,110	$	4,133	$	20,720
Gross carrying amount	$	14,314	$	301	$	77,578	$	7,796	$	99,989
Accumulated amortization	(6,837)		(301)		(57,550)		(3,445)		(68,133)
Accumulated impairment	—		—		(10,918)		(218)		(11,136)
At September 30, 2023	$	7,477	$	—	$	9,110	$	4,133	$	20,720

(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, 2024 was as follows:

(Dollars in thousands)
2025	$	3,569
2026	3,223
2027	2,577
2028	2,267
2029	1,637
Thereafter	3,316
Total anticipated intangible amortization	$	16,589

There were no impairments to intangible assets for the fiscal years ended September 30, 2024 and 2023. Intangible impairment expense is recorded within the impairment expense line of the Consolidated Statements of Operations.