Note 8 - Goodwill	3 Months Ended
Dec. 31, 2017
Notes to Financial Statements
Goodwill Disclosure [Text Block]	Note 8 – Goodwill The Company accounts for goodwill in accordance with Accounting Standards Codification (ASC) 350, Intangibles — Goodwill and Other . Goodwill, which is not amortized for financial statement purposes, is amortized over a 15 -year period for tax purposes, but evaluated for impairment annually, or whenever events or changes in circumstances indicate that the value may not be recoverable. Considered factors for potential goodwill impairment evaluation with respect to Journal Technologies include, among other things, the current year’s business profitability before intangible amortization, fluctuations of revenues, changes in the marketplace, the status of deferred installation contracts and new business. In addition, ASU 2011 - 08, Intangible – Goodwill and Others -- Testing Goodwill for Impairment , allows for the option of performing a qualitative assessment before calculating the fair value of a reporting unit. If it is determined based on qualitative factors that there is no impairment to goodwill, then the fair value of a reporting unit is not needed. If a quantitative analysis is required and the unit’s carrying amount exceeds its fair value, then the second step is performed to measure the amount of potential impairment. The Company’s annual goodwill impairment analysis in fiscal 2017 did not result in an impairment charge based on the qualitative assessment. There was no indicator of impairment during the three -month periods ended December 31, 2017 and 2016.

Note

– Goodwill

The Company accounts for goodwill in accordance with Accounting Standards Codification (ASC)

350,

Intangibles — Goodwill and Other

. Goodwill, which is

not

amortized for financial statement purposes, is amortized over a

-year period for tax purposes, but evaluated for impairment annually, or whenever events or changes in circumstances indicate that the value

may

not

be recoverable. Considered factors for potential goodwill impairment evaluation with respect to Journal Technologies include, among other things, the current year’s business profitability before intangible amortization, fluctuations of revenues, changes in the marketplace, the status of deferred installation contracts and new business.

In addition, ASU

2011

08,

Intangible – Goodwill and Others -- Testing Goodwill for Impairment

, allows for the option of performing a qualitative assessment before calculating the fair value of a reporting unit. If it is determined based on qualitative factors that there is

impairment to goodwill, then the fair value of a reporting unit is

not

needed. If a quantitative analysis is required and the unit’s carrying amount exceeds its fair value, then the

second

step is performed to measure the amount of potential impairment. The Company’s annual goodwill impairment analysis in fiscal

2017

did

not

result in an impairment charge based on the qualitative assessment. There was

indicator of impairment during the

three

-month periods ended

December 31, 2017

and

2016.