Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.21.1
Intangible Assets and Goodwill (Tables)
6 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
The following tables summarize the carrying amounts and related accumulated amortization for intangible assets as of:
  March 31, 2021 September 30, 2020
  Cost Accumulated
Amortization
Cost Accumulated
Amortization
Finite-lived assets:        
Trade names $ 0.2  $ (0.2) $ 0.2  $ (0.2)
Customer relationships 796.2  (173.4) 787.6  (151.8)
Technology, including patents 137.7  (57.0) 137.6  (51.0)
Software 65.4  (56.8) 65.6  (54.1)
Backlog —  —  10.0  (10.0)
Other —  —  0.1  (0.1)
  999.5  (287.4) 1,001.1  (267.2)
Indefinite-lived assets:        
Trade names 227.0  —  226.8  — 
Total $ 1,226.5  $ (287.4) $ 1,227.9  $ (267.2)
Schedule of Goodwill
The following table summarizes the changes in the Company’s goodwill, by reportable operating segment, for the six months ended March 31, 2021:
  Advanced Process Solutions Molding Technology Solutions Batesville Total
Balance as of September 30, 2020 $ 485.1  $ 644.4  $ 8.3  $ 1,137.8 
Acquisitions (1)
—  19.6  —  19.6 
Foreign currency adjustments (0.1) 8.6  —  8.5 
Balance as of March 31, 2021
$ 485.0  $ 672.6  $ 8.3  $ 1,165.9 
Schedule of Intangible Assets and Goodwill
The impairment charges to goodwill and the identifiable intangible assets were nondeductible for tax purposes. The following table summarizes the impairment charges recorded by the Company during the three and six months ended March 31, 2020:
Impairment Charges
Advanced Process Solutions Molding Technology Solutions 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