Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.20.1
Intangible Assets and Goodwill (Tables)
 6 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill The following table summarizes the impairment charges recorded by the Company during the three and six months ended March 31, 2020:
 
Impairment Charges
 
Process Equipment Group
 
Milacron
 
Total
Goodwill
$
72.3

 
$
—

 
$
72.3

Trade names
0.7

 
7.9

 
8.6

Technology, including patents
—

 
1.6

 
1.6

Total
$
73.0

 
$
9.5

 
$
82.5


Schedule of Intangible Assets

 
March 31, 2020
 
September 30, 2019
 
Cost
 
Accumulated
Amortization
 
Cost
 
Accumulated
Amortization
Finite-lived assets:
 

 
 

 
 

 
 

Trade names
$
0.2

 
$
(0.2
)
 
$
0.2

 
$
(0.2
)
Customer relationships
943.0

 
(191.2
)
 
464.2

 
(169.2
)
Technology, including patents
156.0

 
(55.4
)
 
76.8

 
(49.4
)
Software
65.6

 
(54.2
)
 
58.7

 
(51.7
)
Backlog
10.0

 
(10.0
)
 
—

 
—

Other
0.1

 
(0.1
)
 
0.2

 
(0.2
)
 
1,174.9

 
(311.1
)
 
600.1

 
(270.7
)
Indefinite-lived assets:
 

 
 

 
 

 
 

Trade names
237.5

 
—

 
125.5

 
—

 
 
 
 
 
 
 
 
Total
$
1,412.4

 
$
(311.1
)
 
$
725.6

 
$
(270.7
)

Schedule of Goodwill
 
Process
Equipment
Group
 
Milacron
 
Batesville
 
Total
Balance as of September 30, 2019
$
569.7

 
$
—

 
$
8.3

 
$
578.0

Acquisitions (1)
1.7

 
705.3

 
—

 
707.0

Divestiture (2)
—

 
(77.9
)
 
—

 
(77.9
)
Impairment charges
(72.3
)
 
—

 
—

 
(72.3
)
Foreign currency adjustments
4.6

 
(5.9
)
 
—

 
(1.3
)
Balance as of March 31, 2020 (3)
$
503.7

 
$
621.5

 
$
8.3

 
$
1,133.5