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Goodwill and Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in carrying amounts of goodwill

The changes in the carrying amounts of goodwill during the fiscal years 2023 and 2022 are as follows (in thousands):

 

SBS

 

 

BSG

 

 

Total

 

Balance at September 30, 2021

 

$

82,160

 

 

$

459,049

 

 

 

541,209

 

Acquisitions

 

 

271

 

 

 

 

 

 

271

 

Foreign currency translation

 

 

(12,871

)

 

 

(2,543

)

 

 

(15,414

)

Balance at September 30, 2022

 

$

69,560

 

 

$

456,506

 

 

$

526,066

 

Acquisitions (a)

 

 

 

 

 

998

 

 

 

998

 

Foreign currency translation

 

 

5,744

 

 

 

273

 

 

 

6,017

 

Balance at September 30, 2023

 

$

75,304

 

 

$

457,777

 

 

$

533,081

 

(a)
See Note 12, Acquisitions, for additional information regarding goodwill recorded during the fiscal year.
Schedule of other intangible assets, excluding goodwill

The following table reflects our other intangible assets, excluding goodwill, on our consolidated balance sheets. Once an intangible becomes fully amortized, the original cost and accumulated amortization is removed in the subsequent period. As of September 30, 2023 and 2022, we had the following (in thousands):

 

 

September 30, 2023

 

 

September 30, 2022

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net

 

Definite-lived Intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

22,007

 

 

$

(19,768

)

 

$

2,239

 

 

$

21,406

 

 

$

(17,406

)

 

$

4,000

 

Distribution rights (a)

 

 

16,250

 

 

 

(7,747

)

 

 

8,503

 

 

 

10,155

 

 

 

(6,770

)

 

 

3,385

 

Other intangible assets

 

 

4,381

 

 

 

(3,072

)

 

 

1,309

 

 

 

3,968

 

 

 

(2,618

)

 

 

1,350

 

Total definite-lived intangible assets

 

 

42,638

 

 

 

(30,587

)

 

 

12,051

 

 

 

35,529

 

 

 

(26,794

)

 

 

8,735

 

Indefinite-lived Intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

 

43,120

 

 

 

 

 

 

43,120

 

 

 

41,580

 

 

 

 

 

 

41,580

 

Total intangible assets, excluding
   goodwill, net

 

$

85,758

 

 

$

(30,587

)

 

$

55,171

 

 

$

77,109

 

 

$

(26,794

)

 

$

50,315

 

(a)
See Note 12, Acquisitions, for additional information regarding distribution rights recorded during the fiscal year.
Schedule of expected future amortization expense related to definite-lived intangible assets

As of September 30, 2023, the expected future amortization expense related to definite-lived intangible assets is as follows (in thousands):

Fiscal Year:

 

 

 

2024

 

$

3,173

 

2025

 

 

2,634

 

2026

 

 

1,566

 

2027

 

 

1,104

 

2028

 

 

675

 

Thereafter

 

 

2,899

 

 

 

$

12,051