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Goodwill and Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the fiscal years ended September 30, 2023 and 2022 were as follows (dollars in thousands):

 

 

Total

 

Balance as of September 30, 2021

$

1,128,511

 

Goodwill impairment

 

(213,720

)

Effect of foreign currency translation

 

(23,989

)

Balance as of September 30, 2022

 

890,802

 

Effect of foreign currency translation

 

9,540

 

Balance as of September 30, 2023

$

900,342

 

Summary of Gross Carrying Amounts and Accumulated Amortization of Intangible Assets by Major Class

The following tables summarizes the gross carrying amounts and accumulated amortization of intangible assets by major class (dollars in thousands):

 

 

September 30, 2023

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Weighted Average
Remaining Life
(Years)

 

Customer relationships

 

$

106,713

 

 

$

(102,942

)

 

$

3,771

 

 

 

1.5

 

Technology and patents

 

 

89,431

 

 

 

(89,327

)

 

 

104

 

 

 

0.2

 

Total

 

$

196,144

 

 

$

(192,269

)

 

$

3,875

 

 

 

 

 

 

 

September 30, 2022

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

Weighted Average
Remaining Life
(Years)

 

Customer relationships

 

$

104,498

 

 

$

(95,315

)

 

$

9,183

 

 

 

1.7

 

Technology and patents

 

 

88,600

 

 

 

(88,083

)

 

 

517

 

 

 

1.2

 

Total

 

$

193,098

 

 

$

(183,398

)

 

$

9,700

 

 

 

 

Schedule of Estimated Amortization Estimated amortization for the remaining life of our intangible assets as of September 30, 2023, is as follows (dollars in thousands):

Year Ending September 30,

 

Cost of
Revenues

 

 

Operating
Expenses

 

 

Total

 

2024

 

 

104

 

 

 

2,226

 

 

$

2,330

 

2025

 

 

 

 

 

1,545

 

 

 

1,545

 

Total

 

$

104

 

 

$

3,771

 

 

$

3,875