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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Sep. 30, 2022
GOODWILL AND INTANGIBLE ASSETS  
Schedule of changes in goodwill

The following table provides a rollforward of the Company’s goodwill for fiscal years ended September 30, 2022 and 2021:

Balance as of October 1, 2020

$

4,368

Acquisition of HistoTox Labs

 

9,129

Acquisition of Bolder BioPATH

36,223

Acquisition of Gateway Laboratories

2,207

Balance as of September 30, 2021

$

51,927

Acquisitions - DSA1

39,531

Acquisitions - RMS2

302,346

Impairment - RMS3

(236,005)

Foreign exchange impact - RMS

26

Balance as of September 30, 2022

$

157,825

1 Goodwill for DSA acquisitions relates to the 2022 acquisitions and immaterial measurement period adjustments for 2021 acquisitions, as disclosed in Note 3 - Business Combinations

2 Goodwill for RMS acquisitions relates to the 2022 acquisitions, as disclosed in Note 3 - Business Combinations

3 Accumulated impairment loss for RMS is $(235,853), including $(236,005) for the goodwill impairment charge offset by $152 of foreign exchange impact

Schedule of intangible assets

September 30, 2022

Carrying

Accumulated

Carrying

    

Amount, Gross

    

Amortization

    

Amount, Net

Customer relationships

$

318,896

$

(26,990)

$

291,906

Intellectual property

 

56,997

 

(5,767)

 

51,230

Non-compete agreements

2,410

(872)

1,538

Other

2,396

(1,184)

1,212

$

380,699

$

(34,813)

$

345,886

September 30, 2021

Carrying

Accumulated

Carrying

    

Amount, Gross

    

Amortization

    

Amount, Net

Customer relationships

$

23,659

$

(2,462)

$

21,197

Intellectual property

 

315

 

(312)

 

3

Non-compete agreements

2,100

(397)

1,703

Other

2,206

(876)

1,330

$

28,280

$

(4,047)

$

24,233

Schedule of future amortization of intangible assets

RUL1
(in years)

2023

2024

2025

2026

2027

Thereafter

Totals

Customer relationships

9.1

 

$

28,039

 

$

28,039

 

$

28,039

 

$

27,977

 

$

27,792

 

$

152,021

 

$

291,906

Intellectual property

1.2

 

6,518

 

6,517

 

6,517

 

6,517

 

6,517

 

18,643

 

51,230

Non-compete agreements

0.0

455

409

400

258

15

1,538

Other

0.0

109

109

109

109

109

668

1,212

Total

10.3

$

35,121

$

35,074

$

35,065

$

34,861

$

34,433

$

171,332

$

345,886

1RUL (in years) represents the weighted average remaining useful life