Goodwill and Intangible Assets, net

9 Months Ended

Jun. 30, 2024

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		6,257
Balance as of June 30, 2024	$	268,360

Intangibles, net

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


	June 30, 2024						September 30, 2023
	Gross						Gross
	Carrying		Accum.				Carrying		Accum.
	Amount		Amortization		Net		Amount		Amortization		Net
Customer lists	$	431,540	$	370,248	$	61,292	$	418,190	$	358,855	$	59,335
Trade names and other intangibles		41,723		25,507		16,216		41,782		24,811		16,971
Total	$	473,263	$	395,755	$	77,508	$	459,972	$	383,666	$	76,306

Amortization expense for intangible assets was $13.2 million for the nine months ended June 30, 2024, compared to $12.8 million for the nine months ended June 30, 2023.