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Goodwill and Other Intangible Assets, Net
12 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net
(8)
Goodwill and Other Intangible Assets, Net
During fiscal 2022, goodwill increased $1,634, comprised of the following: (i) a $492 decrease in Diagnostics segment goodwill; and (ii) a $2,126 increase in Life Science segment goodwill. This overall increase in goodwill reflects $3,947 of goodwill acquired in the EUPROTEIN acquisition (see Note 4), partially offset by the effects of foreign currency translation.
 
During fiscal 2021, goodwill increased $482, reflecting: (i) a $56 increase from the currency translation adjustment on goodwill in the Diagnostics segment; (ii) a $433 increase from the currency translation adjustment on goodwill in the Life Science segment; and (iii) a $7 decrease related to Exalenz, reflecting additional measurement period adjustments.
A summary of Meridian’s intangible assets subject to amortization is as follows:
 
    
2022
     2021  
As of September 30,
  
Gross

Carrying

Value
    
Accum.

Amort.
     Gross
Carrying
Value
     Accum.
Amort.
 
Manufacturing technologies, core products and cell lines
  
$
56,289
    
$
20,321
     $ 64,867      $ 25,084  
Tradenames, licenses and patents
  
 
18,257
    
 
10,491
       18,489        9,492  
Customer lists, customer relationships and supply agreements
  
 
52,703
    
 
22,363
       54,941        19,649  
Non-compete agreements
  
 
110
    
 
53
       110        31  
    
 
 
    
 
 
    
 
 
    
 
 
 
    
$
127,359
    
$
53,228
     $ 138,407      $ 54,256  
    
 
 
    
 
 
    
 
 
    
 
 
 
The aggregate amortization expense for these intangible assets for the years ended September 30, 2022, 2021 and 2020 was $9,912, $8,776 and $7,744, respectively. The estimated aggregate amortization expense for these intangible assets for each of the five succeeding fiscal years is as follows: fiscal 2023 - $9,905, fiscal 2024 - $9,900, fiscal 2025 - $9,890, fiscal 2026 - $8,900 and fiscal 2027 - $6,645.