Goodwill and Other Intangible Assets

6 Months Ended

Mar. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 6: GOODWILL AND OTHER INTANGIBLE ASSETS

The following table presents the balance of goodwill and each major class of intangible assets at the specified dates:



	March 31,				September 30,
	2014		2013		2013
	(in thousands)
Goodwill	$	435,048	$	438,016	$	433,300

Indefinite-lived intangible assets:
Pawn licenses	$	8,836	$	8,836	$	8,836
Trade name	9,887		9,772		9,791
Domain name	215		215		215
Total indefinite-lived intangible assets	$	18,938	$	18,823	$	18,842

Definite-lived intangible assets:
Real estate finders’ fees	$	866	$	1,079	$	902
Non-compete agreements	479		934		673
Favorable lease	565		668		614
Franchise rights	1,263		1,439		1,388
Deferred financing costs	7,678		5,975		5,033
Contractual relationship	12,886		13,162		14,039
Internally developed software	26,121		18,033		22,088
Other	220		274		226
Total definite-lived intangible assets	$	50,078	$	41,564	$	44,963

Intangible assets, net	$	69,016	$	60,387	$	63,805

The following tables present the changes in the carrying value of goodwill over the periods presented:



	U.S. & Canada		Latin America		Other International		Consolidated
	(in thousands)
Balances at September 30, 2013	$	283,199	$	110,209	$	39,892	$	433,300
Effect of foreign currency translation changes	—		513		1,235		1,748
Balances at March 31, 2014	$	283,199	$	110,722	$	41,127	$	435,048



	U.S. & Canada			Latin America		Other International			Consolidated
	(in thousands)
Balances at September 30, 2012	$	224,306		$	110,401	$	39,956		$	374,663
Acquisitions	58,925			2,221		—			61,146
Effect of foreign currency translation changes	(1		)	4,578		(2,370		)	2,207
Balances at March 31, 2013	$	283,230		$	117,200	$	37,586		$	438,016

In accordance with ASC 350-20-35, Goodwill - Subsequent Measurement, we test goodwill and intangible assets with an indefinite useful life for potential impairment annually, or more frequently when there are events or circumstances that indicate that it is more likely than not that an impairment exists. During the second quarter ended March 31, 2014, we evaluated such events and circumstances and concluded that it was not more likely than not that a goodwill or intangible assets impairment existed. We will continue to monitor if an interim triggering event is present in subsequent periods, and we will perform our required annual impairment test in the fourth quarter of our fiscal year.

The amortization of most definite-lived intangible assets is recorded as amortization expense. The favorable lease asset and other intangibles are amortized to operations expense (rent expense) over the related lease terms. The deferred financing costs are amortized to interest expense over the life of the related debt instruments. The following table presents the amount and classification of amortization recognized as expense in each of the periods presented:



	Three Months Ended March 31,				Six Months Ended March 31,
	2014		2013		2014		2013
	(in thousands)
Amortization expense in continuing operations	$	1,975	$	1,316	$	3,915	$	2,030
Operations expense	31		32		61		67
Interest expense	1,660		760		2,550		1,524
Total expense from the amortization of definite-lived intangible assets	$	3,666	$	2,108	$	6,526	$	3,621

The following table presents our estimate of future amortization expense for definite-lived intangible assets:



Fiscal Years Ended September 30,	Amortization expense		Operations expense		Interest expense
	(in thousands)
2014	$	4,284	$	60	$	2,690
2015	8,333		109		2,253
2016	7,886		106		1,134
2017	7,663		106		880
2018	5,232		106		617

As acquisitions and dispositions occur in the future, amortization expense may vary from these estimates.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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