Goodwill and Intangible Assets, net

9 Months Ended

Jun. 30, 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		17,715
Other		(194	)
Balance as of June 30, 2025	$	293,350

Intangibles, net

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


	June 30, 2025						September 30, 2024
	Gross						Gross
	Carrying		Accum.				Carrying		Accum.
	Amount		Amortization		Net		Amount		Amortization		Net
Customer lists	$	489,223	$	387,104	$	102,119	$	452,340	$	373,860	$	78,480
Trade names and other intangibles		56,236		28,264		27,972		46,895		26,663		20,232
Total	$	545,459	$	415,368	$	130,091	$	499,235	$	400,523	$	98,712

Amortization expense for intangible assets was $14.8 million for the nine months ended June 30, 2025, compared to $13.2 million for the nine months ended June 30, 2024.