Goodwill and Other Identifiable Intangible Assets

12 Months Ended

Sep. 30, 2021

Goodwill and Other Identifiable Intangible Assets [Abstract]

Goodwill and Other Identifiable Intangible Assets

8. Goodwill and Other Identifiable Intangible Assets

 Our acquisitions have resulted in the recording of goodwill and other identifiable intangible assets. Goodwill is an asset representing operational synergies and future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Identifiable intangible assets consist of trade names related to the acquisitions the Company has completed. The changes in goodwill and identifiable intangible assets are as follows:

($ in thousands)	Goodwill
Balance as of September 30, 2019	$	113,059
Goodwill acquisitions/divestitures during the year		-
Balance as of September 30, 2020		113,059
Goodwill acquisitions/divestitures during the year		55,432
Balance as of September 30, 2021	$	168,491

($ in thousands)	Identifiable Intangible Assets
Balance as of September 30, 2019	$	61,304
Identifiable intangible assets acquisitions/divestitures during the year		-
Balance as of September 30, 2020		61,304
Identifiable intangible assets acquisitions/divestitures during the year		23,990
Balance as of September 30, 2021	$	85,294

 See Note 2 for more information about our annual impairment tests of goodwill and identifiable intangible assets.