GOODWILL AND INTANGIBLE ASSETS

3 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS

The Company held a total of $309.5 million of goodwill at December 31, 2022. The recorded goodwill is a result of multiple business combinations that occurred from 2015 to 2018. There have been no changes to the carrying amount of goodwill during the three months ended December 31, 2022.

The changes in the carrying amount of the Company’s intangible assets were as follows:

(Dollars in thousands)	Trademark(1)		Non-Compete		Customer Relationships(2)		All Others(3)		Total
Intangible Assets
At September 30, 2022	$	8,605	$	—	$	12,395	$	4,691	$	25,691
Amortization during the period	(351)		—		(776)		(131)		(1,258)
At December 31, 2022	$	8,254	$	—	$	11,619	$	4,560	$	24,433
Gross carrying amount	$	14,624	$	2,481	$	82,088	$	9,940	$	109,133
Accumulated amortization	(6,370)		(2,481)		(59,551)		(5,162)		(73,564)
Accumulated impairment	—		—		(10,918)		(218)		(11,136)
At December 31, 2022	$	8,254	$	—	$	11,619	$	4,560	$	24,433
At September 30, 2021	$	9,823	$	40	$	17,868	$	5,417	$	33,148
Acquisitions during the period	—		—		—		1		1
Amortization during the period	(263)		(39)		(1,054)		(132)		(1,488)
At December 31, 2021	$	9,560	$	1	$	16,814	$	5,286	$	31,661
Gross carrying amount	$	14,624	$	2,481	$	82,088	$	10,142	$	109,335
Accumulated amortization	(5,064)		(2,480)		(55,026)		(4,638)		(67,208)
Accumulated impairment	—		—		(10,248)		(218)		(10,466)
At December 31, 2021	$	9,560	$	1	$	16,814	$	5,286	$	31,661

(1) Book amortization period of 5-15 years. Amortized using the straight line and accelerated methods.

(2) Book amortization period of 10-30 years. Amortized using the accelerated method.

(3) Book amortization period of 3-20 years. Amortized using the straight line method.

The estimated amortization expense of intangible assets assumes no activities, such as acquisitions, which would result in additional amortizable intangible assets. Estimated amortization expense of intangible assets in the remaining nine months of fiscal 2023 and subsequent fiscal years at December 31, 2022 was as follows:

(Dollars in thousands)
Remaining in 2023	$	3,688
2024	4,134
2025	3,572
2026	3,226
2027	2,580
Thereafter	7,233
Total anticipated intangible amortization	$	24,433

There were no impairments to intangible assets during the three months ended December 31, 2022 and 2021. Intangible impairment expense is recorded within the impairment expense line of the Condensed Consolidated Statements of Operations.