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GOODWILL AND OTHER INTANGIBLE ASSETS
9 Months Ended
Jun. 30, 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 June 30, 2022 and September 30, 2021 are the following intangible assets gross carrying amounts and accumulated amortization:

    

June 30, 

    

September 30, 

(Dollars in thousands)

    

2022

    

2021

Goodwill

$

503,439

    

504,853

 

Intangible assets with determinable lives:

 

Patents

 

Gross carrying amount

$

2,246

2,131

Less: accumulated amortization

 

1,059

972

Net

$

1,187

1,159

 

Capitalized software

 

Gross carrying amount

$

103,030

93,671

Less: accumulated amortization

 

68,643

63,740

Net

$

34,387

29,931

 

Customer relationships

 

Gross carrying amount

$

290,133

288,530

Less: accumulated amortization

 

92,943

80,882

Net

$

197,190

207,648

 

Other

 

Gross carrying amount

$

13,885

13,080

Less: accumulated amortization

 

6,629

4,301

Net

$

7,256

8,779

Intangible assets with indefinite lives:

 

Trade names

$

161,317

161,733

The changes in the carrying amount of goodwill attributable to each business segment for the nine months ended June 30, 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

5.7

5.7

Foreign currency translation

(7.2)

(7.2)

Balance as of June 30, 2022

$

359.3

34.1

110.0

503.4