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Intangible Assets, Goodwill and Acquisitions (Tables)
12 Months Ended
Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets as of September 30, 2019 and September 30, 2018 consist of the following:

 

 

 

 

 

September 30, 2019

 

 

September 30, 2018

 

 

 

Useful

Life

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

Customer relationships

 

6-21 yrs.

 

$

639.6

 

 

$

(393.3

)

 

$

622.8

 

 

$

(337.8

)

Trademarks(1)

 

4-12 yrs.

 

 

4.8

 

 

 

(1.7

)

 

 

230.9

 

 

 

(227.5

)

Non-compete agreements

 

5 yrs.

 

 

2.7

 

 

 

(0.6

)

 

 

2.3

 

 

 

(0.2

)

Total intangible assets

 

 

 

$

647.1

 

 

$

(395.6

)

 

$

856.0

 

 

$

(565.5

)

Schedule of Changes in Carrying Amount of Goodwill

The following table shows changes in the carrying amount of goodwill from September 30, 2017 to September 30, 2019 by reportable segment:

 

 

 

Maintenance

Services

 

 

Development

Services

 

 

Total

 

Balance, September 30, 2017

 

$

1,523.3

 

 

$

180.5

 

 

$

1,703.8

 

Acquisitions

 

 

49.1

 

 

 

13.9

 

 

 

63.0

 

Balance, September 30, 2018

 

 

1,572.4

 

 

 

194.4

 

 

 

1,766.8

 

Acquisitions

 

 

43.6

 

 

 

 

 

 

43.6

 

Balance, September 30, 2019

 

$

1,616.0

 

 

$

194.4

 

 

$

1,810.4

 

Schedule of Future Amortization Expense Amortization expense is anticipated to be as follows in future years:

Fiscal Year Ended September 30,

 

 

 

 

2020

 

$

51.1

 

2021

 

 

42.3

 

2022

 

 

35.9

 

2023

 

 

31.4

 

2024

 

 

24.7

 

2025 and thereafter

 

 

65.1

 

 

 

$

250.5