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Goodwill and Intangible Assets
9 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
GOODWILL AND INTANGIBLE ASSETS
Changes in the carrying amount of goodwill are as follows:
 
Merchant Services
 
Other
 
Total
Balance at September 30, 2017 (net of accumulated impairment losses of $11,458 and $0, respectively)
$
49,173

 
$
9,344

 
$
58,517

Goodwill attributable to the acquisitions of SDCR, Inc., CS, LLC and EMS, Inc.
20,368

 
1,281

 
21,649

Balance at June 30, 2018
$
69,541

 
$
10,625

 
$
80,166


Intangible assets consisted of the following as of June 30, 2018:
 
Cost
 
Accumulated
Amortization
 
Carrying
Value
 
Amortization Life
and Method
Finite-lived intangible assets:
 
 
 
 
 
 
 
Merchant relationships
$
92,691

 
$
(32,365
)
 
$
60,326

 
15 years – accelerated or straight-line
Non-compete agreements
1,865

 
(413
)
 
1,452

 
2 to 3 years – straight-line
Website development costs
18

 
(13
)
 
5

 
3 years – straight-line
Trade names
3,717

 
(1,610
)
 
2,107

 
2 to 5 years – straight-line
Residual buyouts
1,684

 
(531
)
 
1,153

 
2 years – straight-line
Referral agreements
800

 
(116
)
 
684

 
5 years – straight-line
Total finite-lived intangible assets
100,775

 
(35,048
)
 
65,727

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks
32

 

 
32

 
 
Total identifiable intangible assets
$
100,807

 
$
(35,048
)
 
$
65,759

 
 

Amortization expense for intangible assets amounted to $2,376 and $7,007 during the three and nine months ended June 30, 2018, respectively, and $1,800 and $5,665 during the three and nine months ended June 30, 2017, respectively.
Based on gross carrying amounts at June 30, 2018, our estimate of future amortization expense for intangible assets are presented in the table below.
2018 (three months remaining)
$
2,301

2019
8,361

2020
6,724

2021
5,904

2022
5,565

Thereafter
36,872

 
$
65,727