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Goodwill
9 Months Ended
Jun. 30, 2013
Goodwill.  
Goodwill

Note 4. Goodwill

 

During the quarter ended June 30, 2013, the Company recorded a $1,250 decrease to goodwill associated with their finalization of Interfast’s excess and obsolete inventory reserve. This adjustment was made within the one year measurement period and has been recorded retroactively to the acquisition date, July 3, 2012.

 

 

 

June 30, 2013

 

September 30, 2012

 

Beginning balance

 

$

563,896

 

$

504,764

 

Foreign currency translation

 

(1,793

)

1,911

 

Purchase accounting adjustment

 

 

57,221

 

Ending balance

 

$

562,103

 

$

563,896