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GOODWILL AND OTHER INTANGIBLE ASSETS
6 Months Ended
Mar. 31, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS  
GOODWILL AND OTHER INTANGIBLE ASSETS

6.

GOODWILL AND OTHER INTANGIBLE ASSETS

Included on the Company’s Consolidated Balance Sheets at March 31, 2022 and September 30, 2021 are the following intangible assets gross carrying amounts and accumulated amortization:

    

March 31, 

    

September 30, 

(Dollars in thousands)

    

2022

    

2021

Goodwill

$

508,406

    

504,853

 

Intangible assets with determinable lives:

 

Patents

 

Gross carrying amount

$

2,208

2,131

Less: accumulated amortization

 

1,029

972

Net

$

1,178

1,159

 

Capitalized software

 

Gross carrying amount

$

98,398

93,671

Less: accumulated amortization

 

67,013

63,740

Net

$

31,385

29,931

 

Customer relationships

 

Gross carrying amount

$

292,887

288,530

Less: accumulated amortization

 

88,933

80,882

Net

$

203,954

207,648

 

Other

 

Gross carrying amount

$

14,567

13,080

Less: accumulated amortization

 

5,897

4,301

Net

$

8,670

8,779

Intangible assets with indefinite lives:

 

Trade names

$

162,016

161,733

The changes in the carrying amount of goodwill attributable to each business segment for the six months ended March 31, 2022 is as follows:

Aerospace

(Dollars in millions)

    

USG

Test

    

& Defense

    

Total

Balance as of September 30, 2021

366.5

 

34.1

 

104.3

 

504.9

Acquisition activity and adjustments

0.3

5.7

6.0

Foreign currency translation

(2.5)

(2.5)

Balance as of March 31, 2022

$

364.3

34.1

110.0

508.4