GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

Dec. 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 December 31, 2023 and September 30, 2023 are the following intangible assets gross carrying amounts and accumulated amortization from continuing operations:

	December 31,		September 30,
(Dollars in thousands)	2023		2023
Goodwill	$	537,601	503,177
Intangible assets with determinable lives:
Patents
Gross carrying amount	$	2,517	2,516
Less: accumulated amortization		1,253	1,218
Net	$	1,264	1,298
Capitalized software
Gross carrying amount	$	125,237	121,883
Less: accumulated amortization		83,709	80,774
Net	$	41,528	41,109
Customer relationships
Gross carrying amount	$	328,624	296,927
Less: accumulated amortization		117,755	113,311
Net	$	210,869	183,616
Other
Gross carrying amount	$	15,216	14,232
Less: accumulated amortization		10,033	9,578
Net	$	5,183	4,654
Intangible assets with indefinite lives:
Trade names	$	163,209	161,447

The changes in the carrying amount of goodwill attributable to each business segment for the three months ended December 31, 2023 are as follows:

					Aerospace
(Dollars in millions)	USG		Test		& Defense	Total
Balance as of September 30, 2023	$	353.6		34.0	115.6	503.2
Acquisition activity		—		30.3	—	30.3
Foreign currency translation		3.3		0.8	—	4.1
Balance as of December 31, 2023	$	356.9		65.1	115.6	537.6