XML 26 R19.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Goodwill and Intangible Assets, net
6 Months Ended
Mar. 31, 2024
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, 2023

 

$

262,103

 

Fiscal year 2024 business combinations

 

 

6,257

 

Balance as of March 31, 2024

 

$

268,360

 

Intangibles, net

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

 

 

 

March 31, 2024

 

 

September 30, 2023

 

 

 

Gross

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accum.

 

 

 

 

 

Carrying

 

 

Accum.

 

 

 

 

 

 

Amount

 

 

Amortization

 

 

Net

 

 

Amount

 

 

Amortization

 

 

Net

 

Customer lists

 

$

431,540

 

 

$

366,827

 

 

$

64,713

 

 

$

418,190

 

 

$

358,855

 

 

$

59,335

 

Trade names and other intangibles

 

 

41,723

 

 

 

25,077

 

 

 

16,646

 

 

 

41,782

 

 

 

24,811

 

 

 

16,971

 

Total

 

$

473,263

 

 

$

391,904

 

 

$

81,359

 

 

$

459,972

 

 

$

383,666

 

 

$

76,306

 

 

Amortization expense for intangible assets was $9.4 million for the six months ended March 31, 2024, compared to $8.6 million for the six months ended March 31, 2023.