Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.21.2
Intangible Assets and Goodwill (Tables)
9 Months Ended
Jun. 30, 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:
  June 30, 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 803.4  (186.1) 787.6  (151.8)
Technology, including patents 138.4  (60.4) 137.6  (51.0)
Software 66.2  (58.1) 65.6  (54.1)
Backlog —  —  10.0  (10.0)
Other —  —  0.1  (0.1)
  1,008.2  (304.8) 1,001.1  (267.2)
Indefinite-lived assets:        
Trade names 227.8  —  226.8  — 
Total $ 1,236.0  $ (304.8) $ 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 nine months ended June 30, 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 5.3  13.1  —  18.4 
Balance as of June 30, 2021
$ 490.4  $ 677.1  $ 8.3  $ 1,175.8 
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 nine months ended June 30, 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