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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