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Goodwill and Intangible Assets
3 Months Ended
Dec. 31, 2025
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
Total
Gross balance at October 1, 2025$1,150.6 $357.5 $1,508.1 
Accumulated goodwill impairment(369.0)(2.0)(371.0)
Net balance at October 1, 2025(1)
$781.6 $355.5 $1,137.1 
Changes in the twelve months ended December 31, 2025
Cumulative translation adjustment0.3 — 0.3 
Gross balance at December 31, 2025$1,150.9 $357.5 $1,508.4 
Accumulated goodwill impairment(369.0)(2.0)(371.0)
Net balance at December 31, 2025(1)
$781.9 $355.5 $1,137.4 
(1) $117.0 and $154.0 of goodwill of the Feminine Care segment has been classified as assets held for sale as of December 31, 2025 and September 30, 2025, respectively. See Note 2, “Discontinued Operations” for additional information.
The following table sets forth intangible assets by class:
December 31, 2025September 30, 2025
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Accumulated
Amortization
Net
Indefinite lived
Trade names and brands$571.4 $— $571.4 $571.4 $— $571.4 
Amortizable
Trade names and brands$237.1 $80.1 $157.0 $237.1 $77.4 $159.7 
Technology and patents80.2 78.6 1.6 80.2 78.4 1.8 
Customer related and other266.6 174.8 91.8 266.5 171.2 95.3 
Amortizable intangible assets583.9 333.5 250.4 583.8 327.0 256.8 
Total intangible assets (1)
$1,155.3 $333.5 $821.8 $1,155.2 $327.0 $828.2 
(1) $92.7 and $93.1 of intangible assets of the Feminine Care business have been classified as assets held for sale as of December 31, 2025 and September 30, 2025, respectively. See Note 2, “Discontinued Operations” for additional information.
Amortization expense was $6.4 and $6.4 for the three months ended December 31, 2025 and 2024, respectively. Estimated amortization expense for amortizable intangible assets is as follows:
Estimated amortization expense
Remainder of fiscal year 2026$18.9 
202725.1 
202825.0 
202925.0 
203025.0 
203118.0 
Thereafter113.4 
Goodwill and intangible assets deemed to have an indefinite life are not amortized but are instead reviewed annually for impairment or when indicators of a potential impairment are present. The Company’s annual impairment testing date is July 1. 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 continuously monitors events which could trigger an interim impairment analysis, such as changing business conditions, our financial performance and our market capitalization. The Company determined that there were no triggering events requiring an interim impairment analysis during the three months ended December 31, 2025 for its Wet Shave, Sun Care and Skin Care reporting units. See Note 2 for additional information on the Feminine Care reporting unit.