Goodwill and Intangible Assets, net

3 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

10) Goodwill and Intangible Assets, net

Goodwill

A summary of changes in Company’s goodwill is as follows (in thousands):


Balance as of September 30, 2023	$	262,103
Fiscal year 2024 business combinations		244
Balance as of December 31, 2023	$	262,347

Intangibles, net

The gross carrying amount and accumulated amortization of intangible assets subject to amortization are as follows (in thousands):


	December 31, 2023						September 30, 2023
	Gross						Gross
	Carrying		Accum.				Carrying		Accum.
	Amount		Amortization		Net		Amount		Amortization		Net
Customer lists	$	420,460	$	362,914	$	57,546	$	418,190	$	358,855	$	59,335
Trade names and other intangibles		42,197		25,774		16,423		41,782		24,811		16,971
Total	$	462,657	$	388,688	$	73,969	$	459,972	$	383,666	$	76,306

Amortization expense for intangible assets was $5.0 million for the three months ended December 31, 2023, compared to $4.3 million for the three months ended December 31, 2022.