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GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

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

​

​	​	​	​	​	​
​		June 30,			September 30,
(Dollars in thousands)		2024			2023
Goodwill	​	$	535,372	​	503,177
​	​		​	​	​
Intangible assets with determinable lives:	​		​	​	​
Patents	​		​	​	​
Gross carrying amount	​	$	2,551	​	2,516
Less: accumulated amortization	​		1,322	​	1,218
Net	​	$	1,229	​	1,298
​	​		​	​	​
Capitalized software	​		​	​	​
Gross carrying amount	​	$	130,648	​	121,883
Less: accumulated amortization	​		89,737	​	80,774
Net	​	$	40,911	​	41,109
​	​		​	​	​
Customer relationships	​		​	​	​
Gross carrying amount	​	$	327,537	​	296,927
Less: accumulated amortization	​		127,322	​	113,311
Net	​	$	200,215	​	183,616
​	​		​	​	​
Other	​		​	​	​
Gross carrying amount	​	$	15,122	​	14,232
Less: accumulated amortization	​		11,085	​	9,578
Net	​	$	4,037	​	4,654
Intangible assets with indefinite lives:	​		​	​	​
Trade names	​	$	162,589	​	161,447

​

The changes in the carrying amount of goodwill attributable to each business segment for the nine months ended June 30, 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	​	​	—	​	​	30.5	​	—	​	30.5
Foreign currency translation	​	​	0.9	​	​	0.8	​	—	​	1.7
Balance as of June 30, 2024	​	$	354.5	​	​	65.3	​	115.6	​	535.4

​

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- References

No definition available.

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- Definition

The entire disclosure for goodwill and intangible assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

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