XML 43 R31.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Business (Details)
$ in Thousands
6 Months Ended
Mar. 31, 2024
USD ($)
Accounting Policies [Abstract]  
Redeemable Noncontrolling Interest, Equity, Redemption Value $ 60,158
Accounting Standards Update and Change in Accounting Principle
In October 2021, the Financial Accounting Standards Board ("FASB") issued Accounting Standard Update No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (“ASU 2021-08”). This standard amends the existing guidance under ASC 805 to add contract assets and contract liabilities to the list of exceptions to the recognition and measurement principles that apply to business combinations. Under this standard, the acquirer of a business is expected to recognize and measure acquired contract assets and contract liabilities as if the acquirer entered into the original contract on the same date with the same terms in accordance with ASC 606 rather than at fair value on the date of acquisition. This update is effective for fiscal years beginning after December 15, 2022 and for interim periods within that year. We adopted this standard on October 1, 2023 using the prospective method. ASU 2021-08 will impact how we account for future business combinations.