GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Mar. 31, 2023

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, 2023 and September 30, 2022 are the following intangible assets gross carrying amounts and accumulated amortization:

	March 31,		September 30,
(Dollars in thousands)	2023		2022
Goodwill	$	505,194	492,709
Intangible assets with determinable lives:
Patents
Gross carrying amount	$	2,425	2,353
Less: accumulated amortization		1,154	1,091
Net	$	1,271	1,262
Capitalized software
Gross carrying amount	$	115,191	106,583
Less: accumulated amortization		74,787	70,476
Net	$	40,404	36,107
Customer relationships
Gross carrying amount	$	298,005	287,447
Less: accumulated amortization		105,013	96,921
Net	$	192,992	190,526
Other
Gross carrying amount	$	14,298	13,985
Less: accumulated amortization		8,779	7,440
Net	$	5,519	6,545
Intangible assets with indefinite lives:
Trade names	$	161,531	160,024

The changes in the carrying amount of goodwill attributable to each business segment for the six months ended March 31, 2023 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
Acquisition activity and adjustments		—		—	5.7	5.7
Foreign currency translation		6.8		—	—	6.8
Balance as of March 31, 2023	$	355.5		34.0	115.7	505.2