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Goodwill and Intangible Assets, net
6 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, net

10) Goodwill and Intangible Assets, net

Goodwill

A summary of changes in Company’s goodwill is as follows (in thousands):

 

Balance as of September 30, 2022

 

$

254,110

 

Fiscal year 2023 business combinations

 

 

244

 

Balance as of March 31, 2023

 

$

254,354

 

Intangibles, net

The gross carrying amount and accumulated amortization of intangible assets subject to amortization are as follows (in thousands):

 

 

 

March 31, 2023

 

 

September 30, 2022

 

 

 

Gross

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accum.

 

 

 

 

 

Carrying

 

 

Accum.

 

 

 

 

 

 

Amount

 

 

Amortization

 

 

Net

 

 

Amount

 

 

Amortization

 

 

Net

 

Customer lists

 

$

409,679

 

 

$

351,123

 

 

$

58,556

 

 

$

409,980

 

 

$

345,237

 

 

$

64,743

 

Trade names and other intangibles

 

 

41,515

 

 

 

22,533

 

 

 

18,982

 

 

 

41,736

 

 

 

21,969

 

 

 

19,767

 

Total

 

$

451,194

 

 

$

373,656

 

 

$

77,538

 

 

$

451,716

 

 

$

367,206

 

 

$

84,510

 

 

Amortization expense for intangible assets was $8.6 million for the six months ended March 31, 2023, compared to $9.3 million for the six months ended March 31, 2022.