Goodwill and Other Intangible Assets

6 Months Ended

Mar. 31, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

9.   Goodwill and Other Intangible Assets

    The Company’s consolidated goodwill and other intangible assets consisted of the following (in thousands):        

	Weighted-
	Average
	Remaining Useful
	Lives (in years)	March 31, 2020			September 30, 2019
Goodwill		$	5,008		$	5,008
Other intangible assets:
Developed technology	16.4		5,919			5,918
Customer relationships	2.4		3,900			3,900
Trade names	3.4		1,930			1,930
Non-compete agreements	2.5		170			170
Total other intangible assets	9.5		11,919			11,918
Accumulated amortization			(2,722	)		(1,855	)
		$	9,197		$	10,063

At March 31, 2020, in light of the present COVID-19 pandemic and the significant decline in crude oil prices, the Company assessed its goodwill and other intangible assets for impairment. As a result of the assessment, the Company determined there was no impairment.  

Other intangible assets amortization expense for each of the three and six months ended March 31, 2020 was $0.4 million and $0.9 million, respectively.  Other intangible assets amortization expense for the three and six months ended March 31, 2019 was $0.4 million and $0.8 million, respectively.

As of March 31, 2020, future estimated amortization expense of other intangible assets is as follows (in thousands):

For fiscal years ending September 30,
2020 (remainder)	$	866
2021		1,732
2022		1,624
2023		714
2024		342
Thereafter		3,919
	$	9,197