XML 64 R35.htm IDEA: XBRL DOCUMENT v3.23.3
Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill by Segment
The following summarizes the changes in the carrying amount of goodwill during fiscal 2023 and 2022:

(In millions)
Balance at September 30, 2021
$512.8 
Acquisitions
39.1 
Currency translation(3.7)
Balance at September 30, 2022
548.2 
Acquisitions
29.0 
Currency translation0.8 
Balance at September 30, 2023$578.0 
Summary of Finite-Lived Intangible Assets The following summarizes the gross carrying amounts and accumulated amortization of the Company’s intangible assets as of September 30:
(In millions)20232022
Gross carrying amountAccumulated amortizationNet carrying amountGross carrying amountAccumulated amortizationNet carrying amount
Definite-lived intangible assets
Trademarks and trade names $29.6 $(10.5)$19.1 $29.6 $(9.2)$20.4 
Reacquired franchise rights122.1 (49.4)72.7 118.0 (36.5)81.5 
Customer relationships 16.8 (8.3)8.5 16.6 (6.9)9.7 
Other intangible assets6.9 (4.6)2.3 6.7 (3.4)3.3 
Total definite-lived intangible assets$175.4 $(72.8)$102.6 $170.9 $(56.0)$114.9 
Schedule of Actual and Estimated Amortization Expense
The table that follows summarizes amortization expense (actual and estimated) for the Company's current intangible assets for the years ended September 30:

(In millions)ActualEstimated
202320242025202620272028
Amortization expense$16.8 $16.5 $14.5 $11.3 $10.8 $10.7