CASH 2018 Annual Report

167 The Company completed an annual goodwill impairment test for the fiscal year ended September 30, 2018. Based on the results of the qualitative analysis, it was identified that it was more likely than not the fair value of the goodwill recorded exceeded the current carrying value. The Company concluded a quantitative analysis was not required and no impairment existed. Trademark (1) Non- Compete (2) Customer Relationships (3) Technology/ Other (4) Total Intangibles Balance as of September 30, 2017 $ 10,051 $ 1,782 $ 31,707 $ 8,638 $ 52,178 Acquisitions during the period 3,634 — 24,278 449 28,361 Amortization during the period (698) (485) (7,530) (928) (9,641) Write-offs during the period — — — (179) (179) Balance as of September 30, 2018 $ 12,987 $ 1,297 $ 48,455 $ 7,980 $ 70,719 Balance upon acquisition $ 14,624 $ 2,480 $ 82,088 $ 10,951 $ 110,143 Accumulated amortization $ (1,637) $ (1,183) $ (23,385) $ (2,263) $ (28,468) Accumulated impairment $ (10,248) $ (708) $ (10,956) Balance as of September 30, 2018 $ 12,987 $ 1,297 $ 48,455 $ 7,980 $ 70,719 (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, 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 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 an immaterial impairment charge during the fourth quarter of fiscal 2018 and 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.