Goodwill and Intangible Assets, net

6 Months Ended

Mar. 31, 2025

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, 2024	$	275,829
Fiscal year 2025 business combinations		16,822
Other		(194	)
Balance as of March 31, 2025	$	292,457

Intangibles, net

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


	March 31, 2025						September 30, 2024
	Gross						Gross
	Carrying		Accum.				Carrying		Accum.
	Amount		Amortization		Net		Amount		Amortization		Net
Customer lists	$	481,077	$	382,372	$	98,705	$	452,340	$	373,860	$	78,480
Trade names and other intangibles		55,636		27,763		27,873		46,895		26,663		20,232
Total	$	536,713	$	410,135	$	126,578	$	499,235	$	400,523	$	98,712

Amortization expense for intangible assets was $9.6 million for the six months ended March 31, 2025, compared to $9.4 million for the six months ended March 31, 2024.