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Goodwill and Acquired Intangible Assets | 12 Months Ended
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Sep. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Acquired Intangible Assets | 7. Goodwill and Acquired Intangible Assets We have two operating and reportable segments: (1) Software Products and (2) Professional Services. We assess goodwill for impairment at the reporting unit level. Our reporting units are determined based on the components of our operating segments that constitute a business for which discrete financial information is available and for which operating results are regularly reviewed by segment management. Our reporting units are the same as our operating segments. As of September 30, 2021, goodwill and acquired intangible assets in the aggregate attributable to our Software Products segment was $2,525.7 million and attributable to our Professional Services segment was $45.2 million. As of September 30, 2020, goodwill and acquired intangible assets in the aggregate attributable to our Software Products segment was $1,818.1 million and attributable to our Professional Services segment was $45.3 million. Goodwill and acquired intangible assets consisted of the following:
(in thousands) |  | September 30, 2021 |  |  | September 30, 2020 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Book Value |
Goodwill (not amortized) |  |  |  |  |  |  |  |  |  | $ | 2,191,887 |  |  |  |  |  |  |  |  |  |  | $ | 1,625,786 |
Intangible assets with finite lives (amortized)(1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchased software |  | $ | 483,771 |  |  | $ | 338,542 |  |  | $ | 145,229 |  |  | $ | 443,275 |  |  | $ | 309,124 |  |  | $ | 134,151 |
Capitalized software |  |  | 22,877 |  |  |  | 22,877 |  |  |  | — |  |  |  | 22,877 |  |  |  | 22,877 |  |  |  | — |
Customer lists and relationships |  |  | 574,516 |  |  |  | 350,648 |  |  |  | 223,868 |  |  |  | 418,953 |  |  |  | 322,092 |  |  |  | 96,861 |
Trademarks and trade names |  |  | 26,906 |  |  |  | 17,036 |  |  |  | 9,870 |  |  |  | 22,687 |  |  |  | 16,129 |  |  |  | 6,558 |
Other |  |  | 4,000 |  |  |  | 4,000 |  |  |  | — |  |  |  | 4,017 |  |  |  | 4,017 |  |  |  | — |
|  | $ | 1,112,070 |  |  | $ | 733,103 |  |  | $ | 378,967 |  |  | $ | 911,809 |  |  | $ | 674,239 |  |  | $ | 237,570 |
Total goodwill and acquired intangible assets |  |  |  |  |  |  |  |  |  | $ | 2,570,854 |  |  |  |  |  |  |  |  |  |  | $ | 1,863,356 |
(1) | The weighted-average useful lives of purchased software, customer lists and relationships, and trademarks and trade names with a remaining net book value are 10 years, 11 years, and 12 years, respectively.
The changes in the carrying amounts of goodwill from September 30, 2020 to September 30, 2021 are due to the impact of acquisitions and to foreign currency translation adjustments related to those asset balances that are recorded in non-U.S. currencies. Changes in goodwill presented by reportable segment were as follows:
(in thousands) |  | Software Products |  |  | Professional Services |  |  | Total |
Balance, September 30, 2019 |  | $ | 1,196,064 |  |  | $ | 42,115 |  |  | $ | 1,238,179 |
Onshape Acquisition |  |  | 364,910 |  |  |  | — |  |  |  | 364,910 |
Other acquisitions |  |  | 12,262 |  |  |  | — |  |  |  | 12,262 |
Foreign currency translation adjustments |  |  | 10,080 |  |  |  | 355 |  |  |  | 10,435 |
Balance, September 30, 2020 |  | $ | 1,583,316 |  |  | $ | 42,470 |  |  | $ | 1,625,786 |
Arena acquisition |  |  | 563,620 |  |  |  | — |  |  |  | 563,620 |
Other acquisitions |  |  | 181 |  |  |  | 400 |  |  |  | 581 |
Foreign currency translation adjustments |  |  | 1,851 |  |  |  | 49 |  |  |  | 1,900 |
Balance, September 30, 2021 |  | $ | 2,148,968 |  |  | $ | 42,919 |  |  | $ | 2,191,887 |
The aggregate amortization expense for intangible assets with finite lives recorded for the years ended September 30, 2021, 2020 and 2019 was reflected in our Consolidated Statements of Operations as follows:
(in thousands) |  | Year ended September 30, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Amortization of acquired intangible assets |  | $ | 29,396 |  |  | $ | 28,713 |  |  | $ | 23,841 |
Cost of software revenue |  |  | 29,769 |  |  |  | 27,391 |  |  |  | 27,307 |
Total amortization expense |  | $ | 59,165 |  |  | $ | 56,104 |  |  | $ | 51,148 |
The estimated aggregate future amortization expense for intangible assets with finite lives remaining as of September 30, 2021 is $57.9 million for 2022, $49.5 million for 2023, $40.8 million for 2024, $34.6 million for 2025, $31.0 million for 2026 and $165.2 million thereafter.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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