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Goodwill and Purchased Intangible Assets (Tables)
6 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill

The following table presents changes in goodwill during the six months ended March 31, 2020 (in millions):

 

 

Access

equipment

 

 

Fire &

emergency

 

 

Commercial

 

 

Total

 

Net goodwill at September 30, 2019

 

$

868.8

 

 

$

106.1

 

 

$

20.8

 

 

$

995.7

 

Foreign currency translation

 

 

0.3

 

 

 

 

 

 

(0.1

)

 

 

0.2

 

Net goodwill at March 31, 2020

 

$

869.1

 

 

$

106.1

 

 

$

20.7

 

 

$

995.9

 

 

Schedule of Company's Goodwill Allocated to the Reportable Segments

The following table presents details of the Company’s goodwill allocated to the reportable segments (in millions):

 

 

 

March 31, 2020

 

 

September 30, 2019

 

 

 

Gross

 

 

Accumulated

Impairment

 

 

Net

 

 

Gross

 

 

Accumulated

Impairment

 

 

Net

 

Access equipment

 

$

1,801.2

 

 

$

(932.1

)

 

$

869.1

 

 

$

1,800.9

 

 

$

(932.1

)

 

$

868.8

 

Fire & emergency

 

 

108.1

 

 

 

(2.0

)

 

 

106.1

 

 

 

108.1

 

 

 

(2.0

)

 

 

106.1

 

Commercial

 

 

196.6

 

 

 

(175.9

)

 

 

20.7

 

 

 

196.7

 

 

 

(175.9

)

 

 

20.8

 

 

 

$

2,105.9

 

 

$

(1,110.0

)

 

$

995.9

 

 

$

2,105.7

 

 

$

(1,110.0

)

 

$

995.7

 

 

Schedule of Purchased Intangible Assets

Details of the Company’s total purchased intangible assets are as follows (in millions):

 

 

March 31, 2020

 

 

 

Weighted-

Average

Life (in years)

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distribution network

 

 

39.1

 

 

$

55.4

 

 

$

(33.1

)

 

$

22.3

 

Technology-related

 

 

11.9

 

 

 

104.7

 

 

 

(102.9

)

 

 

1.8

 

Customer relationships

 

 

12.8

 

 

 

554.8

 

 

 

(544.0

)

 

 

10.8

 

Other

 

 

16.1

 

 

 

16.4

 

 

 

(15.0

)

 

 

1.4

 

 

 

 

14.7

 

 

 

731.3

 

 

 

(695.0

)

 

 

36.3

 

Non-amortizable trade names

 

 

 

 

 

 

387.6

 

 

 

 

 

 

387.6

 

 

 

 

 

 

 

$

1,118.9

 

 

$

(695.0

)

 

$

423.9

 

 

 

 

September 30, 2019

 

 

 

Weighted-

Average

Life (in years)

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Distribution network

 

39.1

 

$

55.4

 

 

$

(32.3

)

 

$

23.1

 

Technology-related

 

11.9

 

 

104.7

 

 

 

(102.6

)

 

 

2.1

 

Customer relationships

 

12.8

 

 

554.8

 

 

 

(536.8

)

 

 

18.0

 

Other

 

16.1

 

 

16.3

 

 

 

(14.9

)

 

 

1.4

 

 

 

14.7

 

 

731.2

 

 

 

(686.6

)

 

 

44.6

 

Non-amortizable trade names

 

 

 

 

387.7

 

 

 

 

 

 

387.7

 

 

 

 

 

$

1,118.9

 

 

$

(686.6

)

 

$

432.3