Goodwill and Other Identifiable Intangible Assets

3 Months Ended

Dec. 31, 2021

Goodwill and Other Identifiable Intangible Assets [Abstract]

Goodwill and Other Identifiable Intangible Assets

6. 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, 2021	$	168,491
Goodwill acquisitions during the three months ended December 31, 2021		251,184
Balance as of December 31, 2021	$	419,675

($ in thousands)	Identifiable Intangible Assets
Balance as of September 30, 2021	$	85,294
Acquired identifiable intangible assets during the three months ended December 31, 2021		35,950
Balance as of December 31, 2021	$	121,244