XML 39 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Intangible Assets (Notes)
 12 Months Ended
Sep. 30, 2017
Intangible Assets [Abstract]  
Intangible Assets Disclosure [Text Block]
Intangible Assets
During the year ended September 30, 2017, the Company recorded additional customer base intangible assets of $6.0 million as part of the ICAP acquisition. See Note 19 - Acquisitions for additional discussion.
The gross and net carrying values of intangible assets as of the balance sheet dates, by major intangible asset class are as follows (in millions):
 
September 30, 2017
 
September 30, 2016
 
Gross Amount
 
Accumulated
Amortization
 
Net Amount
 
Gross Amount
 
Accumulated
Amortization
 
Net Amount
Intangible assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
Trade name
$
—

 
$
—

 
$
—

 
$
1.1

 
$
(0.6
)
 
$
0.5

Software programs/platforms
2.7

 
(2.5
)
 
0.2

 
2.7

 
(2.4
)
 
0.3

Customer base
20.0

 
(7.9
)
 
12.1

 
14.0

 
(5.7
)
 
8.3

Total intangible assets
$
22.7

 
$
(10.4
)
 
$
12.3

 
$
17.8

 
$
(8.7
)
 
$
9.1


Amortization expense related to intangible assets was $2.8 million, $1.6 million, and $1.5 million for the fiscal years ended September 30, 2017, 2016, and 2015, respectively. The estimated future amortization expense as of September 30, 2017 is as follows (in millions):
Year ending September 30,
 
2018
$
2.2

2019
2.2

2020
2.0

2021
1.9

2022 and thereafter
4.0

 
$
12.3