XML 50 R33.htm IDEA: XBRL DOCUMENT v3.22.2.2
Goodwill and Acquired Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Acquired Intangible Assets

Goodwill and acquired intangible assets consisted of the following:

 

(in thousands)

 

September 30, 2022

 

 

September 30, 2021

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net Book
Value

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net Book
Value

 

Goodwill (not amortized)

 

 

 

 

 

 

 

$

2,353,654

 

 

 

 

 

 

 

 

$

2,191,887

 

Intangible assets with finite lives (amortized)(1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchased software

 

$

502,859

 

 

$

355,857

 

 

$

147,002

 

 

$

483,771

 

 

$

338,542

 

 

$

145,229

 

Capitalized software

 

 

22,877

 

 

 

22,877

 

 

 

 

 

 

22,877

 

 

 

22,877

 

 

 

 

Customer lists and relationships

 

 

594,970

 

 

 

369,390

 

 

 

225,580

 

 

 

574,516

 

 

 

350,648

 

 

 

223,868

 

Trademarks and trade names

 

 

27,546

 

 

 

17,410

 

 

 

10,136

 

 

 

26,906

 

 

 

17,036

 

 

 

9,870

 

Other

 

 

3,766

 

 

 

3,766

 

 

 

 

 

 

4,000

 

 

 

4,000

 

 

 

 

 

 

$

1,152,018

 

 

$

769,300

 

 

$

382,718

 

 

$

1,112,070

 

 

$

733,103

 

 

$

378,967

 

Total goodwill and acquired intangible assets

 

 

 

 

 

 

 

$

2,736,372

 

 

 

 

 

 

 

 

$

2,570,854

 

 

(1) The weighted-average useful lives of purchased software, customer lists and relationships, and trademarks and trade names with a remaining net book value are 11 years, 11 years, and 12 years, respectively.

Schedule of Changes in Goodwill by Reportable Segment

Changes in goodwill presented by reportable segment were as follows:

 

(in thousands)

 

Software
Products

 

 

Professional
Services

 

 

Total

 

Balance, September 30, 2020

 

$

1,583,316

 

 

$

42,470

 

 

$

1,625,786

 

Arena acquisition

 

 

563,620

 

 

 

 

 

 

563,620

 

Other acquisitions

 

 

181

 

 

 

400

 

 

 

581

 

Foreign currency translation adjustments

 

 

1,851

 

 

 

49

 

 

 

1,900

 

Balance, September 30, 2021

 

$

2,148,968

 

 

$

42,919

 

 

$

2,191,887

 

Intland Software acquisition

 

 

240,971

 

 

 

 

 

 

240,971

 

Other acquisitions

 

 

691

 

 

 

 

 

 

691

 

Divestiture of business

 

 

 

 

 

(32,992

)

 

 

(32,992

)

Foreign currency translation adjustments

 

 

(46,611

)

 

 

(292

)

 

 

(46,903

)

Balance, September 30, 2022

 

$

2,344,019

 

 

$

9,635

 

 

$

2,353,654

 

Schedule of Aggregate Amortization Expense for Intangible Assets with Finite Lives

The aggregate amortization expense for intangible assets with finite lives recorded for the years ended September 30, 2022, 2021 and 2020 was reflected in our Consolidated Statements of Operations as follows:

 

(in thousands)

 

Year ended September 30,

 

 

 

2022

 

 

2021

 

 

2020

 

Amortization of acquired intangible assets

 

$

34,970

 

 

$

29,396

 

 

$

28,713

 

Cost of software revenue

 

 

25,578

 

 

 

29,769

 

 

 

27,391

 

Total amortization expense

 

$

60,548

 

 

$

59,165

 

 

$

56,104