XML 25 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
GOODWILL AND OTHER INTANGIBLES
12 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLES
GOODWILL AND OTHER INTANGIBLES
 
The following table provides changes in carrying value of goodwill by segment through the year ended September 30, 2018:
 
At September 30,
2016
 
Goodwill from acquisitions
 
Foreign currency translation adjustments
 
September 30,
2017
 
Goodwill from acquisitions
 
Foreign currency translation adjustments
 
September 30,
2018
Home & Building Products
$
287,618

 
$
12,417

 
$
559

 
$
300,594

 
$
119,907

 
$
349

 
$
420,850

Defense Electronics
18,545

 

 

 
18,545

 

 

 
18,545

Total
$
306,163

 
$
12,417

 
$
559

 
$
319,139

 
$
119,907

 
$
349

 
$
439,395


 
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset:
 
At September 30, 2018
 
 
 
At September 30, 2017
 
Gross Carrying Amount
 
Accumulated Amortization
 
Average
Life
(Years)
 
Gross Carrying
Amount
 
Accumulated Amortization
Customer relationships & other
$
186,031

 
$
49,822

 
23
 
$
152,025

 
$
43,421

Unpatented technology
19,004

 
6,238

 
13
 
6,193

 
4,719

Total amortizable intangible assets
205,035

 
56,060

 
 
 
158,218

 
48,140

Trademarks
221,883

 

 
 
 
95,049

 

Total intangible assets
$
426,918

 
$
56,060

 
 
 
$
253,267

 
$
48,140


 
Amortization expense for intangible assets subject to amortization was $9,070, $6,658 and $6,608 for the years ended September 30, 2018, 2017 and 2016, respectively. Amortization expense for each of the next five years and thereafter, based on current intangible balances and classifications, is estimated as follows: 2019 - $9,285; 2020 - $8,825; 2021 - $8,825; 2022 - $8,825 and 2023 - $8,746; thereafter - $104,469.

No event or indicator or impairment occurred during the current year, which would require impairment testing of long-lived intangible assets including goodwill.