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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
Included on the Company’s Consolidated Balance Sheets at September 30, 2016 and 2015 are the following intangible assets gross carrying amounts and accumulated amortization:
 
(Dollars in millions)
 
2016
 
2015
 
Goodwill
 
$
323.6
 
 
291.2
 
 
 
 
 
 
 
 
 
Intangible assets with determinable lives:
 
 
 
 
 
 
 
Patents
 
 
 
 
 
 
 
Gross carrying amount
 
$
1.0
 
 
1.0
 
Less: accumulated amortization
 
 
0.8
 
 
0.8
 
Net
 
$
0.2
 
 
0.2
 
 
 
 
 
 
 
 
 
Capitalized software
 
 
 
 
 
 
 
Gross carrying amount
 
$
54.0
 
 
45.5
 
Less: accumulated amortization
 
 
26.7
 
 
20.1
 
Net
 
$
27.3
 
 
25.4
 
 
 
 
 
 
 
 
 
Customer Relationships
 
 
 
 
 
 
 
Gross carrying amount
 
$
111.9
 
 
70.5
 
Less: accumulated amortization
 
 
28.6
 
 
24.7
 
Net
 
$
83.3
 
 
45.8
 
 
 
 
 
 
 
 
 
Other
 
 
 
 
 
 
 
Gross carrying amount
 
$
2.8
 
 
2.6
 
Less: accumulated amortization
 
 
0.9
 
 
0.4
 
Net
 
$
1.9
 
 
2.2
 
Intangible assets with indefinite lives:
 
 
 
 
 
 
 
Trade names
 
$
119.1
 
 
117.1
 
Schedule of Goodwill
The changes in the carrying amount of goodwill attributable to each business segment for 2016 and 2015 are as follows:
 
 
 
 
 
 
 
 
 
Technical
 
 
 
(Dollars in millions)
 
Filtration
 
Test
 
USG
 
Packaging
 
Total
 
Balance as of September 30, 2014
 
$
26.0
 
 
34.7
 
 
216.8
 
 
4.8
 
 
282.3
 
Adjustments
 
 
 
 
(0.5)
 
 
9.4
 
 
 
 
8.9
 
Balance as of September 30, 2015
 
 
26.0
 
 
34.2
 
 
226.2
 
 
4.8
 
 
291.2
 
Adjustments
 
 
17.9
 
 
(0.1)
 
 
 
 
14.6
 
 
32.4
 
Balance as of September 30, 2016
 
$
43.9
 
 
34.1
 
 
226.2
 
 
19.4
 
 
323.6