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Intangible Assets, Goodwill and Acquisitions (Tables)
6 Months Ended
Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets as of March 31, 2021 and September 30, 2020 consisted of the following:

 

 

 

 

 

March 31, 2021

 

 

September 30, 2020

 

 

 

Estimated

Useful Life

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

Customer relationships

 

6-21 yrs.

 

$

685.5

 

 

$

(474.4

)

 

$

666.3

 

 

$

(448.3

)

Trademarks

 

12 yrs.

 

 

3.8

 

 

 

(2.1

)

 

 

3.8

 

 

 

(2.0

)

Non-compete agreements

 

5-7 yrs.

 

 

2.7

 

 

 

(1.4

)

 

 

2.7

 

 

 

(1.2

)

Total intangible assets

 

 

 

$

692.0

 

 

$

(477.9

)

 

$

672.8

 

 

$

(451.5

)

 

Summary of Goodwill

The following is a summary of the goodwill activity for the periods ended September 30, 2020 and March 31, 2021:

 

 

 

Maintenance

Services

 

 

Development

Services

 

 

Total

 

Balance, September 30, 2019

 

$

1,616.0

 

 

$

194.4

 

 

$

1,810.4

 

Acquisitions

 

 

64.4

 

 

 

 

 

 

64.4

 

Impairment Loss

 

 

 

 

 

(15.5

)

 

 

(15.5

)

Balance, September 30, 2020

 

 

1,680.4

 

 

 

178.9

 

 

 

1,859.3

 

Acquisitions

 

 

50.8

 

 

 

9.5

 

 

 

60.3

 

Balance, March 31, 2021

 

$

1,731.2

 

 

$

188.4

 

 

$

1,919.6