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GOODWILL AND OTHER INTANGIBLE ASSETS | 9 Months Ended
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Jun. 30, 2021
GOODWILL AND OTHER INTANGIBLE ASSETS |
GOODWILL AND OTHER INTANGIBLE ASSETS | 5. GOODWILL AND OTHER INTANGIBLE ASSETS Included on the Company’s Consolidated Balance Sheets at June 30, 2021 and September 30, 2020 are the following intangible assets gross carrying amounts and accumulated amortization from continuing operations: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | September 30,
(Dollars in thousands) |  | 2021 |  | 2020
Goodwill | ​ | $ | 411,732 |  | 408,063
​ | ​ |  | ​ | ​ | ​
Intangible assets with determinable lives: | ​ |  | ​ | ​ | ​
Patents | ​ |  | ​ | ​ | ​
Gross carrying amount | ​ | $ | 2,144 | ​ | 2,092
Less: accumulated amortization | ​ |  | 943 | ​ | 858
Net | ​ | $ | 1,201 | ​ | 1,234
​ | ​ |  | ​ | ​ | ​
Capitalized software | ​ |  | ​ | ​ | ​
Gross carrying amount | ​ | $ | 91,388 | ​ | 84,888
Less: accumulated amortization | ​ |  | 62,111 | ​ | 57,302
Net | ​ | $ | 29,277 | ​ | 27,586
​ | ​ |  | ​ | ​ | ​
Customer relationships | ​ |  | ​ | ​ | ​
Gross carrying amount | ​ | $ | 229,385 | ​ | 227,178
Less: accumulated amortization | ​ |  | 76,986 | ​ | 67,643
Net | ​ | $ | 152,399 | ​ | 159,535
​ | ​ |  | ​ | ​ | ​
Other | ​ |  | ​ | ​ | ​
Gross carrying amount | ​ | $ | 5,358 | ​ | 5,156
Less: accumulated amortization | ​ |  | 3,730 | ​ | 3,260
Net | ​ | $ | 1,628 | ​ | 1,896
Intangible assets with indefinite lives: | ​ |  | ​ | ​ | ​
Trade names | ​ | $ | 158,841 | ​ | 156,381
​ The changes in the carrying amount of goodwill attributable to each business segment for the nine months ended June 30, 2021 is as follows on a continuing operations basis: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | Aerospace | ​ | ​
(Dollars in millions) |  | USG |  | Test |  | & Defense |  | Total
Balance as of September 30, 2020 | ​ | ​ | 271.9 |  | 34.1 |  | 102.1 |  | 408.1
Acquisition activity | ​ | ​ | — | ​ | — | ​ | 2.2 | ​ | 2.2
Foreign currency translation | ​ | ​ | 1.4 | ​ | — | ​ | — | ​ | 1.4
Balance as of June 30, 2021 | ​ | $ | 273.3 | ​ | 34.1 | ​ | 104.3 | ​ | 411.7
​ The economic uncertainty, changes in the propensity for the general public to travel by air, and reductions in demand for commercial aircraft as a result of the COVID-19 pandemic have adversely impacted net sales and operating results in certain of the Aerospace and Defense reporting units. There were no impairment charges incurred for the three and nine-month periods ended June 30, 2021, however, the fair value of the Mayday and Westland reporting units, included in the Aerospace and Defense segment, exceeded carrying value by less than 10%. At June 30, 2021, we had $30 million and $18 million of goodwill recorded for Mayday and Westland, respectively.

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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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