v3.26.1
Goodwill and Other Intangible Assets
9 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
(a) Goodwill
We consider our Chief Executive Officer (“CEO”) to be our CODM. Our CEO approves all major decisions, including reorganizations and new business initiatives. Our CODM reviews routine consolidated operating information and makes decisions on the allocation of resources at this level, as such, we have concluded that we have one operating segment.
All goodwill is assigned to one or more reporting units. A reporting unit represents an operating segment or a component within an operating segment for which discrete financial information is available and is regularly reviewed by segment management for performance assessment and resource allocation. Upon consideration of our components, we have concluded that we have one reporting unit.
The changes in the carrying amount of goodwill for the nine months ended June 30, 2026 are as follows (dollars in thousands):
Total
Balance as of September 30, 2025$299,003 
Effect of foreign currency translation(3,027)
Balance as of June 30, 2026$295,976 
(b) Intangible Assets, Net
As of September 30, 2025, our intangible assets were fully amortized. The following table summarizes the gross carrying amounts and accumulated amortization of intangible assets by major class as of September 30, 2025 (dollars in thousands):
September 30, 2025
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Weighted Average
Remaining Life
(Years)
Customer relationships$110,236 $(110,236)$— 0.0
Technology and patents90,502 (90,502)— 0.0
Total$200,738 $(200,738)$— 

Amortization expense related to intangible assets in the aggregate was $0.6 million and $1.7 million for the three and nine months ended June 30, 2025, respectively.