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Goodwill and Intangible Assets
3 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

6. Goodwill and Intangible Assets

Goodwill and acquired intangible assets consisted of the following:

(in thousands)

 

December 31, 2024

 

 

September 30, 2024

 

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net Book
Value

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net Book
Value

 

Goodwill (not amortized)

 

 

 

 

 

 

 

$

3,423,420

 

 

 

 

 

 

 

 

$

3,461,891

 

Intangible assets with finite lives (amortized):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchased software

 

$

628,414

 

 

$

440,693

 

 

$

187,721

 

 

$

634,439

 

 

$

436,471

 

 

$

197,968

 

Capitalized software

 

 

22,877

 

 

 

22,877

 

 

 

—

 

 

 

22,877

 

 

 

22,877

 

 

 

—

 

Customer lists and relationships

 

 

1,129,789

 

 

 

460,818

 

 

 

668,971

 

 

 

1,141,086

 

 

 

457,718

 

 

 

683,368

 

Trademarks and trade names

 

 

37,565

 

 

 

22,149

 

 

 

15,416

 

 

 

37,961

 

 

 

21,821

 

 

 

16,140

 

Other

 

 

3,839

 

 

 

3,839

 

 

 

—

 

 

 

3,941

 

 

 

3,941

 

 

 

—

 

Total intangible assets with finite lives

 

$

1,822,484

 

 

$

950,376

 

 

$

872,108

 

 

$

1,840,304

 

 

$

942,828

 

 

$

897,476

 

Total goodwill and acquired intangible assets

 

 

 

 

 

 

 

$

4,295,528

 

 

 

 

 

 

 

 

$

4,359,367

 

Changes in Goodwill were as follows:

(in thousands)

 

 

Balance, October 1, 2024

$

3,461,891

 

Foreign currency translation adjustment

 

(38,471

)

Balance, December 31, 2024

$

3,423,420

 

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

 

 

 

December 31,
2024

 

 

December 31,
2023

 

Amortization of acquired intangible assets

 

$

11,440

 

 

$

10,363

 

Cost of revenue

 

 

8,300

 

 

 

9,566

 

Total amortization expense

 

$

19,740

 

 

$

19,929