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Goodwill and Intangible Assets (Tables)
9 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Acquired Intangible Assets

Goodwill and acquired intangible assets consisted of the following:

(in thousands)

 

June 30, 2024

 

 

September 30, 2023

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net Book
Value

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net Book
Value

 

Goodwill (not amortized)

 

 

 

 

 

 

 

$

3,442,245

 

 

 

 

 

 

 

 

$

3,358,511

 

Intangible assets with finite lives (amortized):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchased software

 

$

627,099

 

 

$

424,643

 

 

$

202,456

 

 

$

615,915

 

 

$

395,109

 

 

$

220,806

 

Capitalized software

 

 

22,877

 

 

 

22,877

 

 

 

 

 

 

22,877

 

 

 

22,877

 

 

 

 

Customer lists and relationships

 

 

1,135,067

 

 

 

443,644

 

 

 

691,423

 

 

 

1,116,117

 

 

 

413,125

 

 

 

702,992

 

Trademarks and trade names

 

 

37,727

 

 

 

21,101

 

 

 

16,626

 

 

 

36,851

 

 

 

19,400

 

 

 

17,451

 

Other

 

 

3,886

 

 

 

3,886

 

 

 

 

 

 

3,867

 

 

 

3,867

 

 

 

 

Total intangible assets with finite lives

 

$

1,826,656

 

 

$

916,151

 

 

$

910,505

 

 

$

1,795,627

 

 

$

854,378

 

 

$

941,249

 

Total goodwill and acquired intangible assets

 

 

 

 

 

 

 

$

4,352,750

 

 

 

 

 

 

 

 

$

4,299,760

 

Schedule of Changes in Goodwill by Reportable Segments

Changes in Goodwill were as follows:

(in thousands)

 

 

Balance, October 1, 2023

$

3,358,511

 

Acquisitions

 

77,118

 

Foreign currency translation adjustment

 

6,616

 

Balance, June 30, 2024

$

3,442,245

 

Schedule of Aggregate Amortization Expense for Intangible Assets with Finite Lives

The aggregate amortization expense for intangible assets with finite lives is classified in our Consolidated Statements of Operations as follows:

(in thousands)

 

Three months ended

 

 

Nine months ended

 

 

 

June 30,
2024

 

 

June 30,
2023

 

 

June 30,
2024

 

 

June 30,
2023

 

Amortization of acquired intangible assets

 

$

10,672

 

 

$

10,670

 

 

$

31,459

 

 

$

29,352

 

Cost of revenue

 

 

9,685

 

 

 

9,841

 

 

 

28,835

 

 

 

25,817

 

Total amortization expense

 

$

20,357

 

 

$

20,511

 

 

$

60,294

 

 

$

55,169