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Intangible Assets (Tables)
6 Months Ended
Mar. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets consisted of the following:

 

 

March 31, 2017

 

(Dollars in thousands)

 

Weighted Average Original Life (Years)

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

Definite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

 

8.9

 

 

$

17,187

 

 

$

(6,842

)

 

$

10,345

 

Core technology

 

 

8.0

 

 

 

530

 

 

 

(530

)

 

 

 

Developed technology

 

 

11.8

 

 

 

9,077

 

 

 

(1,012

)

 

 

8,065

 

Non-compete

 

 

5.0

 

 

 

230

 

 

 

(81

)

 

 

149

 

Patents and other

 

 

16.5

 

 

 

2,321

 

 

 

(1,349

)

 

 

972

 

Subtotal

 

 

 

 

 

 

29,345

 

 

 

(9,814

)

 

 

19,531

 

Unamortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In-process research and development

 

 

 

 

 

 

945

 

 

 

 

 

 

945

 

Trademarks and trade names

 

 

 

 

 

 

642

 

 

 

 

 

 

642

 

Total

 

 

 

 

 

$

30,932

 

 

$

(9,814

)

 

$

21,118

 

 

 

 

September 30, 2016

 

(Dollars in thousands)

 

Weighted Average Original Life (Years)

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

Definite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists and relationships

 

 

8.9

 

 

$

17,692

 

 

$

(6,123

)

 

$

11,569

 

Core technology

 

 

8.0

 

 

 

530

 

 

 

(530

)

 

 

 

Developed technology

 

 

11.8

 

 

 

8,724

 

 

 

(618

)

 

 

8,106

 

Non-compete

 

 

5.0

 

 

 

230

 

 

 

(58

)

 

 

172

 

Patents and other

 

 

16.5

 

 

 

2,321

 

 

 

(1,275

)

 

 

1,046

 

Subtotal

 

 

 

 

 

 

29,497

 

 

 

(8,604

)

 

 

20,893

 

Unamortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In-process research and development

 

 

 

 

 

 

987

 

 

 

 

 

 

987

 

Trademarks and trade names

 

 

 

 

 

 

645

 

 

 

 

 

 

645

 

Total

 

 

 

 

 

$

31,129

 

 

$

(8,604

)

 

$

22,525

 

 

Estimated Amortization Expense

Based on the intangible assets in service as of March 31, 2017, excluding any possible future amortization associated with acquired in-process research and development (“IPR&D”), which has not met technological feasibility as of March 31, 2017, estimated amortization expense for the remainder of fiscal 2017 and each of the next five fiscal years is as follows:

(Dollars in thousands)

 

 

 

 

Remainder of 2017

 

$

1,278

 

2018

 

 

2,510

 

2019

 

 

2,510

 

2020

 

 

2,335

 

2021

 

 

2,196

 

2022

 

 

2,156