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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill and Intangible Assets
The changes in the carrying amount of the Company’s goodwill and intangible assets for the years ended September 30, 2017 and 2016 are as follows:
 
 
September 30,
 
2017
 
2016
 
(Dollars in Thousands)
Goodwill
 
Beginning balance
$
36,928

 
$
36,928

Acquisitions during the period
61,795

 

Write-offs during the period

 

Ending balance
$
98,723

 
$
36,928


The Company completed an annual goodwill impairment test for the fiscal year ended September 30, 2017. Based on the results of the qualitative analysis, it was identified that it was more likely than not the fair value of the goodwill recorded exceeded the current carrying value. The Company concluded a quantitative analysis was not required and no impairment existed.
 
 
Trademark (1)
 
Non-Compete (2)
 
Customer Relationships (3)
 
Technology/Other (4)
 
Total
Intangibles
 
Balance as of September 30, 2016
$
5,149

 
$
127

 
$
20,590

 
$
3,055

 
$
28,921

Acquisitions during the period
5,500

 
2,180

 
31,770

 
6,947

 
46,397

Amortization during the period
(598
)
 
(525
)
 
(10,405
)
 
(835
)
 
(12,363
)
Write-offs during the period

 

 
(10,248
)
 
(529
)
 
(10,777
)
Balance as of September 30, 2017
$
10,051

 
$
1,782

 
$
31,707

 
$
8,638

 
$
52,178

 
 
 
 
 
 
 
 
 
 
Balance upon acquisition
$
10,990

 
$
2,480

 
$
57,810

 
$
10,502

 
$
81,782

Accumulated amortization
$
(939
)
 
$
(698
)
 
$
(15,855
)
 
$
(1,335
)
 
$
(18,827
)
Accumulated impairment
$

 
$

 
$
(10,248
)
 
$
(529
)
 
$
(10,777
)
Balance as of September 30, 2017
$
10,051

 
$
1,782

 
$
31,707

 
$
8,638

 
$
52,178

(1) Book amortization period of 5-15 years. Amortized using the straight line and accelerated methods.
(2) Book amortization period of 3-5 years. Amortized using the straight line method.
(3) Book amortization period of 10-30 years. Amortized using the accelerated method.
(4) Book amortization period of 3-20 years. Amortized using the straight line method.


 
Trademark (1)
 
Non-Compete (2)
 
Customer Relationships (3)
 
Technology/Other (4)
 
Total
Intangibles
 
Balance as of September 30, 2015
$
5,439

 
$
227

 
$
24,811

 
$
3,100

 
$
33,577

Acquisitions during the period

 

 

 
172

 
172

Amortization during the period
(290
)
 
(100
)
 
(4,221
)
 
(217
)
 
(4,828
)
Write-offs during the period

 

 

 

 

Balance as of September 30, 2016
$
5,149

 
$
127

 
$
20,590

 
$
3,055

 
$
28,921

 
 
 
 
 
 
 
 
 
 
Balance upon acquisition
$
5,490

 
$
300

 
$
26,040

 
$
3,539

 
$
35,369

Accumulated amortization
$
(341
)
 
$
(173
)
 
$
(5,450
)
 
$
(484
)
 
$
(6,448
)
Balance as of September 30, 2016
$
5,149

 
$
127

 
$
20,590

 
$
3,055

 
$
28,921


(1) Book amortization period of 15 years. Amortized using the straight line and accelerated methods.
(2) Book amortization period of 3 years. Amortized using the straight line method.
(3) Book amortization period of 10-30 years. Amortized using the accelerated method.
(4) Book amortization period of 3-20 years. Amortized using the straight line method.

The Company tests intangible assets for impairment at least annually or more often if conditions indicate a possible impairment. The Company recorded a $10.2 million intangible impairment charge during the fourth quarter of fiscal 2017 related to the non-renewal of the H&R Block relationship.

The weighted-average amortization period, by major intangible asset class and in total, for each of the acquisitions during fiscal year 2017 were as follows:
 
Weighted Average Amortization Period
Intangible
EPS
 
SCS
Trademark
15.0
 
5.0
Non-Compete
3.0
 
4.1
Customer Relationships
20.0
 
9.1
Technology/Other
3.0
 
15.0
Total
16.1
 
10.2
Anticipated Future Amortization of Intangibles
The anticipated future amortization of intangibles is as follows:
 
September 30,
 
(Dollars in Thousands)
2018
$
7,706

2019
7,147

2020
5,749

2021
5,179

2022
4,257

Thereafter
22,140

Total anticipated intangible amortization
$
52,178