CASH 2017 Annual Report
149 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
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