Maximus, Inc. Quarterly report pursuant to Section 13 or 15(d)

Goodwill and intangible assets (Tables)

9 Months Ended

Jun. 30, 2014

The changes in goodwill for the nine months ended June 30, 2014 are as follows (in thousands):

	Health Services		Human Services		Total
Balance as of September 30, 2013	$	125,096	$	46,771	$	171,867
Changes to allocation of HML purchase price	31		—		31
Foreign currency translation	3,213		360		3,573
Balance as of June 30, 2014	$	128,340	$	47,131	$	175,471

The following table sets forth the components of intangible assets (in thousands):

	As of June 30, 2014						As of September 30, 2013
	Cost		Accumulated Amortization		Intangible Assets, net		Cost		Accumulated Amortization		Intangible Assets, net

Customer contracts and relationships	$	43,782	$	6,888	$	36,894	$	39,243	$	3,953	$	35,290
Technology based intangible assets	9,490		6,757		2,733		9,583		5,974		3,609
Trademarks and trade names	4,400		1,910		2,490		4,421		1,303		3,118
Non-compete arrangements	—		—		—		243		221		22
Total	$	57,672	$	15,555	$	42,117	$	53,490	$	11,451	$	42,039

Estimated future amortization expense is as follows (in thousands):

Three months ended September 30, 2014	$	1,543
Year ended September 30, 2015	6,033
Year ended September 30, 2016	5,759
Year ended September 30, 2017	5,360
Year ended September 30, 2018	4,099
Year ended September 30, 2019	3,101