| Schedule of Intangible assets |
Intangible assets are comprised of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Amortization Period |
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
At September 30, 2024 |
|
|
|
|
|
|
|
|
|
|
Intangibles subject to amortization: |
|
|
|
|
|
|
|
|
|
|
Customer relationships |
8 - 20 years |
|
$ |
16,200 |
|
|
$ |
2,471 |
|
|
$ |
13,729 |
|
Technology and technical know-how |
10 - 20 years |
|
|
12,600 |
|
|
|
1,912 |
|
|
|
10,688 |
|
Backlog |
4 years |
|
|
3,900 |
|
|
|
3,789 |
|
|
|
111 |
|
Tradename |
3 years |
|
|
300 |
|
|
|
92 |
|
|
|
208 |
|
|
|
|
$ |
33,000 |
|
|
$ |
8,264 |
|
|
$ |
24,736 |
|
|
|
|
|
|
|
|
|
|
|
|
Intangibles not subject to amortization: |
|
|
|
|
|
|
|
|
|
|
Tradename |
Indefinite |
|
$ |
6,700 |
|
|
$ |
— |
|
|
$ |
6,700 |
|
|
|
|
$ |
6,700 |
|
|
$ |
— |
|
|
$ |
6,700 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Amortization Period |
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
At March 31, 2024 |
|
|
|
|
|
|
|
|
|
|
Intangibles subject to amortization: |
|
|
|
|
|
|
|
|
|
|
Customer relationships |
8 - 20 years |
|
$ |
16,200 |
|
|
$ |
1,901 |
|
|
$ |
14,299 |
|
Technology and technical know-how |
10 - 20 years |
|
|
12,600 |
|
|
|
1,535 |
|
|
|
11,065 |
|
Backlog |
4 years |
|
|
3,900 |
|
|
|
3,677 |
|
|
|
223 |
|
Tradename |
3 years |
|
|
300 |
|
|
|
42 |
|
|
|
258 |
|
|
|
|
$ |
33,000 |
|
|
$ |
7,155 |
|
|
$ |
25,845 |
|
|
|
|
|
|
|
|
|
|
|
|
Intangibles not subject to amortization: |
|
|
|
|
|
|
|
|
|
|
Tradename |
Indefinite |
|
$ |
6,700 |
|
|
$ |
— |
|
|
$ |
6,700 |
|
|
|
|
$ |
6,700 |
|
|
$ |
— |
|
|
$ |
6,700 |
|
|
| Schedule of Estimated Annual Future Amortization Expense |
The estimated annual future amortization expense by fiscal year is as follows:
|
|
|
|
|
|
|
Annual Amortization |
|
Remainder of 2025 |
|
$ |
1,109 |
|
2026 |
|
|
1,995 |
|
2027 |
|
|
1,953 |
|
2028 |
|
|
1,895 |
|
2029 |
|
|
1,895 |
|
2030 and thereafter |
|
|
15,889 |
|
Total intangible amortization |
|
$ |
24,736 |
|
|
|
|
|
|