GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Mar. 31, 2024

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, 2024 and September 30, 2023 are the following intangible assets gross carrying amounts and accumulated amortization:

	March 31,		September 30,
(Dollars in thousands)	2024		2023
Goodwill	$	535,661	503,177
Intangible assets with determinable lives:
Patents
Gross carrying amount	$	2,516	2,516
Less: accumulated amortization		1,287	1,218
Net	$	1,229	1,298
Capitalized software
Gross carrying amount	$	128,042	121,883
Less: accumulated amortization		86,622	80,774
Net	$	41,420	41,109
Customer relationships
Gross carrying amount	$	327,695	296,927
Less: accumulated amortization		122,542	113,311
Net	$	205,153	183,616
Other
Gross carrying amount	$	15,144	14,232
Less: accumulated amortization		10,870	9,578
Net	$	4,274	4,654
Intangible assets with indefinite lives:
Trade names	$	162,796	161,447

The changes in the carrying amount of goodwill attributable to each business segment for the six months ended March 31, 2024 is 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		1.4		0.8	—	2.2
Balance as of March 31, 2024	$	355.0		65.1	115.6	535.7