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Intangible Assets
9 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
8. Intangible Assets

Intangible assets consist principally of acquired patents and technology, customer relationships, licenses and trademarks. For the three months ended June 30, 2015 and 2014, the Company recorded amortization expense of $0.2 million for each period. For the nine months ended June 30, 2015 and 2014, the Company recorded amortization expense of $0.6 million for each period.

Intangible assets consisted of the following:

 

     June 30, 2015  
(Dollars in thousands)    Weighted Average
Original Life (Years)
     Gross Carrying
Amount
     Accumulated
Amortization
     Net  

Definite-lived intangible assets:

           

Customer lists

     9.0       $ 4,857       $ (4,218    $ 639   

Core technology

     8.0         530         (524      6   

Patents and other

     16.8         2,256         (1,092      1,164   
     

 

 

    

 

 

    

 

 

 

Subtotal

        7,643         (5,834      1,809   

Unamortized intangible assets:

           

Trademarks

        580         —           580   
     

 

 

    

 

 

    

 

 

 

Total

      $ 8,223       $ (5,834    $ 2,389   
     

 

 

    

 

 

    

 

 

 

 

     September 30, 2014  
(Dollars in thousands)    Weighted Average
Original Life (Years)
     Gross Carrying
Amount
     Accumulated
Amortization
     Net  

Definite-lived intangible assets:

           

Customer lists

     9.0       $ 4,857       $ (3,813    $ 1,044   

Core technology

     8.0         530         (475      55   

Patents and other

     16.8         2,256         (989      1,267   
     

 

 

    

 

 

    

 

 

 

Subtotal

        7,643         (5,277      2,366   

Unamortized intangible assets:

           

Trademarks

        580         —           580   
     

 

 

    

 

 

    

 

 

 

Total

      $ 8,223       $ (5,277    $ 2,946   
     

 

 

    

 

 

    

 

 

 

Based on the intangible assets in service as of June 30, 2015, estimated amortization expense for the remainder of fiscal 2015 and each of the next five fiscal years is as follows (Dollars in thousands):

 

Remainder of 2015

   $ 175   

2016

     594   

2017

     183   

2018

     137   

2019

     137   

2020

     137   

Future amortization amounts presented above are estimates. Actual future amortization expense may be different, as a result of future acquisitions, impairments, changes in amortization periods, or other factors.