GOODWILL AND OTHER INTANGIBLES

6 Months Ended

Mar. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

NOTE 6 – GOODWILL AND OTHER INTANGIBLES

The following table provides changes in the carrying value of goodwill by segment during the six months ended March 31, 2014:

	At September 30, 2013		Goodwill from 2014 acquisitions		Other adjustments including currency translations		At March 31, 2014
Home & Building Products	$	269,802	$	11,617	$	244	$	281,663
Telephonics		18,545		—		—		18,545
Plastics		69,383		—		581		69,964
Total	$	357,730	$	11,617	$	825	$	370,172

The following table provides the gross carrying value and accumulated amortization for each major class of intangible assets:

	At March 31, 2014						At September 30, 2013
	Gross Carrying Amount		Accumulated Amortization		Average Life (Years)		Gross Carrying Amount		Accumulated Amortization
Customer relationships	$	172,191	$	32,515		25	$	166,985	$	29,049
Unpatented technology		6,804		3,177		13		6,804		2,916
Total amortizable intangible assets		178,995		35,692				173,789		31,965
Trademarks		80,923		—				79,567		—
Total intangible assets	$	259,918	$	35,692			$	253,356	$	31,965

Amortization expense for intangible assets was $1,949 and $1,986 for the quarters ended March 31, 2014 and 2013, respectively, and $3,836 and $3,972 for the six months ended March 31, 2014 and 2013, respectively.

No event or indicator of impairment occurred during the quarter ended March 31, 2014, which would require impairment testing of long-lived intangible assets including goodwill.