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GOODWILL AND INTANGIBLE ASSETS, NET
 12 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET GOODWILL AND INTANGIBLE ASSETS, NET
The following table displays a rollforward of the carrying amount of goodwill by reportable segment:
U.S. ConsumerHawthorneOtherTotal
Goodwill$245.7 $617.0 $10.1 $872.8 
Accumulated impairment losses(1.8)(617.0)— (618.8)
Balance at September 30, 2022243.9 — 10.1 254.0 
Foreign currency translation— — 0.2 0.2 
Impairment— — (10.3)(10.3)
Goodwill245.7 617.0 10.3 873.0 
Accumulated impairment losses(1.8)(617.0)(10.3)(629.1)
Balance at September 30, 2023243.9 — — 243.9 
Goodwill245.7 617.0 10.3 873.0 
Accumulated impairment losses(1.8)(617.0)(10.3)(629.1)
Balance at September 30, 2024$243.9 $— $— $243.9 
The following table presents intangible assets, net of accumulated amortization and impairment charges:
 September 30, 2024September 30, 2023
 Gross
Carrying
Amount		Accumulated
Amortization/
Impairment
Charges		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization/
Impairment
Charges		Net
Carrying
Amount
Finite-lived intangible assets:
Trade names$325.8 $(272.8)$53.0 $322.4 $(260.7)$61.7 
Customer relationships253.1 (223.9)29.2 251.5 (216.1)35.4 
Technology50.2 (45.5)4.7 50.1 (44.5)5.6 
Other35.0 (27.0)8.0 34.9 (24.8)10.1 
Total finite-lived intangible assets, net94.9 112.8 
Indefinite-lived intangible assets:
Indefinite-lived trade names168.2 168.2 
Roundup® marketing agreement amendment
155.7 155.7 
Total indefinite-lived intangible assets323.9 323.9 
Total intangible assets, net$418.8 $436.7 
During fiscal 2023, the Company identified circumstances that indicated the carrying amounts of Hawthorne’s long-lived assets, including trade names and customer relationships, may not be recoverable. Accordingly, the Company performed a recoverability test for long-lived assets during the fourth quarter of fiscal 2023. The Company concluded that the carrying value of these long-lived assets exceeded their estimated fair value and recorded non-cash, pre-tax impairment charges of $72.0 related to trade names and $45.7 related to customer relationships during the fourth quarter of fiscal 2023 in the “Impairment, restructuring and other” line in the Consolidated Statements of Operations. The fair values of long-lived assets were determined using income-based approaches, including the relief-from-royalty method for trade names, that include market participant expectations of cash flows that the assets will generate over the remaining useful life discounted to present value using an appropriate discount rate. These fair value estimates utilize significant unobservable inputs and thus represent Level 3 fair value measurements.
The Company performed annual goodwill impairment testing as of the first day of its fourth quarter of fiscal 2023. This test resulted in a non-cash, pre-tax goodwill impairment charge of $10.3 related to the Other segment, which was recorded during the fourth quarter of fiscal 2023 in the “Impairment, restructuring and other” line in the Consolidated Statements of Operations. The carrying value of goodwill of the Other segment reporting unit after recognizing the impairment is zero. The estimated fair value of the Other segment reporting unit was based upon an equal weighting of the income-based and market-based approaches, utilizing estimated cash flows and a terminal value, discounted at a rate of return that reflects the relative risk of the cash flows, as well as valuation multiples derived from comparable publicly traded companies that are applied to the operating performance of the reporting unit. The fair value estimate utilizes significant unobservable inputs and thus represents a Level 3 fair value measurement.
Total amortization expense was $15.7, $25.2 and $37.1 for fiscal 2024, fiscal 2023 and fiscal 2022, respectively. Amortization expense is estimated to be as follows for the years ending September 30:
2025$12.6 
202611.5 
202710.7 
20289.1 
20296.9