5. Goodwill and Other Intangible Assets

The Company's goodwill and other intangible assets have been recorded at fair value as of the acquisition date. The change in the carrying value of goodwill for the year ended September 30, 2012 is as follows:


Balance at beginning of year	$	—
Acquisitions		17,949

	$	17,949

The carrying amount and accumulated amortization of identifiable intangible assets consisted of the following as of September 30, 2012:

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount

Developed product technologies	$	2,640	$	806	$	1,834
Customer relationships		4,330		387		3,943
Trademarks		1,150		218		932
Covenants not to compete		1,400		387		1,013

	$	9,520	$	1,798	$	7,722

Amortization expense related to identifiable intangible assets was $0, $0, and $1,798 for the years ended September 30, 2010, 2011 and 2012, respectively.

The estimated amortization expense for the five succeeding years and thereafter at September 30, 2012 is as follows:


2013	$	1,984
2014		1,845
2015		1,008
2016		669
2017		454
Thereafter		1,762

	$	7,722