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GOODWILL AND OTHER INTANGIBLE ASSETS
3 Months Ended
Dec. 31, 2022
GOODWILL AND OTHER INTANGIBLE ASSETS  
GOODWILL AND OTHER INTANGIBLE ASSETS

5.

GOODWILL AND OTHER INTANGIBLE ASSETS

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

    

December 31, 

    

September 30, 

(Dollars in thousands)

    

2022

    

2022

Goodwill

$

498,383

    

492,709

 

Intangible assets with determinable lives:

 

Patents

 

Gross carrying amount

$

2,373

2,353

Less: accumulated amortization

 

1,122

1,091

Net

$

1,251

1,262

 

Capitalized software

 

Gross carrying amount

$

109,379

106,583

Less: accumulated amortization

 

72,605

70,476

Net

$

36,774

36,107

 

Customer relationships

 

Gross carrying amount

$

291,067

287,447

Less: accumulated amortization

 

100,910

96,921

Net

$

190,157

190,526

 

Other

 

Gross carrying amount

$

14,322

13,985

Less: accumulated amortization

 

8,066

7,440

Net

$

6,256

6,545

Intangible assets with indefinite lives:

 

Trade names

$

160,386

160,024

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

Aerospace

(Dollars in millions)

    

USG

    

Test

    

& Defense

    

Total

Balance as of September 30, 2022

$

348.7

 

34.0

 

110.0

 

492.7

Foreign currency translation

5.7

5.7

Balance as of December 31, 2022

$

354.4

34.0

110.0

498.4