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GOODWILL AND INTANGIBLE ASSETS
 12 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
Goodwill
The following table provides a rollforward of the Company’s goodwill for the fiscal years ended September 30, 2024 and 2023:
Balance as of October 1, 2022$157,825 
Acquisitions - DSA1
2,828 
Impairment - RMS(66,367)
Balance as of September 30, 2023²$94,286 
Acquisitions - DSA— 
Impairment - RMS— 
Balance as of September 30, 20242,3
$94,286 
1Goodwill for DSA acquisitions relates to measurement period adjustments during fiscal 2023 related to the fiscal 2022 acquisitions, as disclosed in Note 3 - Business Combinations.
2The accumulated impairment loss for the RMS segment was $302,220 at each of September 30, 2024 and September 30, 2023.
3All remaining goodwill relates to the DSA segment..

Fiscal Year 2024

There was no change in goodwill during fiscal year 2024.

Fiscal Year 2023

The change in goodwill during fiscal year 2023 related primarily to measurement period adjustments in the DSA segment from the acquisition of Protypia, offset by goodwill impairment related to the RMS reporting unit (which is reported within the RMS segment).

During December 2022, the Company determined that as a result of the November 16, 2022 event, which led to the Company’s decision to refrain from selling or delivering any of its Cambodian NHPs held in the U.S. at that time, the uncertainty related to the Company’s ability to import NHPs from Cambodia and the decrease in its stock price, the carrying value of goodwill as of December 31, 2022, was required to be quantitatively evaluated. The carrying value of the Company’s goodwill by reporting unit was determined utilizing the income approach. Based on the Company’s quantitative goodwill impairment test, the fair value of the RMS reporting unit was less than the RMS reporting unit’s carrying value. As a result, a goodwill impairment loss of $66,367 was recorded within the RMS segment.
Intangible Assets
The following table displays intangible assets, net by major class:
September 30, 2024
Carrying
Amount, Gross		Accumulated
Amortization		Carrying
Amount, Net
Customer relationships$317,672 $(82,683)$234,989 
Intellectual property56,442 (18,718)37,724 
Other4,837 (3,154)1,683 
$378,951 $(104,555)$274,396 
September 30, 2023
Carrying
Amount, Gross		Accumulated
Amortization		Carrying
Amount, Net
Customer relationships$316,820 $(54,711)$262,109 
Intellectual property56,337 (12,234)44,103 
Other4,837 (2,621)2,216 
$377,994 $(69,566)$308,428 
The decrease in intangible assets, net during fiscal years 2024 and 2023 related primarily to the amortization of all intangible assets, partially offset by foreign exchange rate impact.
Amortization expense of definite-lived intangible assets for fiscal years ended 2024 and 2023 was $34,790 and $34,681, respectively. As of September 30, 2024, estimated amortization of intangible assets for each of the next five fiscal years and in the aggregate thereafter is expected to be as follows:
RUL1
(in years)
20252026202720282029ThereafterTotals
Customer relationships9.0$27,842 $27,780 $27,595 $27,461 $26,324 $97,987 $234,989 
Intellectual property5.96,459 6,459 6,459 6,459 6,459 5,429 37,724 
Other6.2524 367 124 109 109 450 1,683 
Total8.4$34,825 $34,606 $34,178 $34,029 $32,892 $103,866 $274,396 
1RUL (in years) represents the weighted average remaining useful life