GOODWILL AND OTHER INTANGIBLE ASSETS |
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| GOODWILL AND OTHER INTANGIBLE ASSETS | 3. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill at June 2026 and September 2025 was as follows:
Other intangible assets at June 2026 and September 2025 consisted of the following:
Goodwill and Retail Segment trademarks and tradenames are considered to have indefinite useful lives and therefore no amortization has been taken on these assets. Goodwill recorded on the Company’s consolidated balance sheets represent amounts allocated to its Wholesale Segment, which totaled approximately $5.8 million at both June 2026 and September 2025. The Company performs its annual impairment testing during the fourth fiscal quarter of each year or as circumstances change or necessitate. There have been no material changes to the Company’s impairment assessments since its fiscal year ended September 2025. At June 2026, identifiable intangible assets considered to have finite lives were represented by customer lists that are being amortized over 15 years, a non-competition agreement that is being amortized over five years, and a tradename in our Wholesale Segment that is being amortized over seven years. These intangible assets are evaluated for accelerated attrition or amortization adjustments if warranted. Amortization expense related to these assets was approximately $0.1 million and $0.3 million for the three- and nine-month periods ended June 2026, respectively, and approximately $0.1 million and $0.4 million for the three- and nine-month periods ended June 2025. Estimated future amortization expense related to identifiable intangible assets with finite lives was as follows at June 2026:
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