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Goodwill and Intangible Assets
3 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The following table sets forth goodwill by segment:
Wet
Shave
Sun and Skin
Care
Feminine
Care
Total
Gross balance at October 1, 2021$967.5 $357.6 $208.7 $1,533.8 
Accumulated goodwill impairment(369.0)(2.0)— (371.0)
Net balance at October 1, 2021$598.5 $355.6 $208.7 $1,162.8 
Changes in the three-month period ended December 31, 2021
Billie acquisition181.0 — — 181.0 
Cumulative translation adjustment(1.4)0.1 0.2 (1.1)
Gross balance at December 31, 2021$1,147.1 $357.7 $208.9 $1,713.7 
Accumulated goodwill impairment(369.0)(2.0)— (371.0)
Net balance at December 31, 2021$778.1 $355.7 $208.9 $1,342.7 
The following table sets forth intangible assets by class:
December 31, 2021September 30, 2021
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Accumulated
Amortization
Net
Indefinite lived
Trade names and brands$599.4 $— $599.4 $600.8 $— $600.8 
Amortizable
Trade names and brands$339.9 $61.1 $278.8 $256.2 $57.7 $198.5 
Technology and patents78.9 75.7 3.2 79.1 75.8 3.3 
Customer related and other273.5 119.9 153.6 221.2 117.4 103.8 
Total amortizable intangible assets$692.3 $256.7 $435.6 $556.5 $250.9 $305.6 
Amortization expense was $6.1 and 5.5 for the three months ended December 31, 2021 and 2020, respectively. Estimated amortization expense for amortizable intangible assets for the remainder of fiscal 2022 and for fiscal 2023, 2024, 2025, 2026 and 2027 is $23.2, $30.9, $30.8, $30.8, $30.6 and $30.5, respectively, and $258.8 thereafter.
Goodwill and intangible assets deemed to have an indefinite life are not amortized but are instead reviewed annually for impairment of value or when indicators of a potential impairment are present. The Company’s annual impairment testing date is July 1. The Company continuously monitors events which could trigger an interim impairment analysis, such as changing business conditions and environmental factors, including the impact of the ongoing novel coronavirus 2019 (“COVID-19”) pandemic. An interim impairment analysis may indicate that carrying amounts of goodwill and other intangible assets require adjustment or that remaining useful lives should be revised. The Company determined there was no triggering event requiring an interim impairment analysis during the three months ended December 31, 2021.