2022-132A - Laserfiche WebLink

Home Browse Search

3/25/22, 9:42 AM road -20210930 Table of Contents Note 9 - Goodwill and Other Intangible Assets The following presents goodwill activity during the fiscal years ended September 30, 2021 and 2020 (in thousands): Balance at September 30, 2019 $ 38,546 Additions 7,802 Balance at September 30, 2020 46,348 Additions 39,074 Balance at September 30, 2021 $ 85,422 A summary of other intangible assets at September 30, 2021 and 2020 is as follows (in thousands): September 30, 2021 2020 Useful Accumulated Net Book Accumulated Net Book Life Gross Amortization Value Gross Amortization Value Indefinite -lived: License Indefinite $ 2,000 N/A $ 2,000 $ 2,000 N/A $ 2,000 Finite -lived: Customer relationship 8 years 1,645 (640) 1,005 1,645 (435) 1,210 Non -compete agreements 5 years 1,295 (137) 1,158 20 (6) 14 Total intangible assets $ 4,940 $ (777) $ 4,163 $ 3,665 S (441) $ 3,224 Total amortization expense related to finite -lived intangible assets was $0.3 million, $0.2 million and $1.1 million for the fiscal years ended September 30, 2021, 2020 and 2019, respectively. Estimated future total amortization expense related to finite -lived intangible assets is as follows (in thousands): Fiscal Year Estimated Amortization Expense 2022 $ 429 2023 354 2024 352 2025 349 2026 298 Thereafter 381 Total $ 2,163 Note 10 - Liabilities Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following at September 30, 2021 and 2020 (in thousands): Accrued payroll and benefits Accrued insurance costs Other current liabilities Total accrued expenses and other current liabilities 61 September 30, 2021 2020 $ 19,302 $ 17,123 3,444 2,662 3,713 2,562 $ 26,459 $ 22,347 https://www.sec.gov/Archivesiedgar/data/0001718227/000171822721000107/road-20210930.htm 107/144