Goodwill and Other Intangible Assets

12 Months Ended

Sep. 30, 2011

Goodwill and Other Intangible Assets [Abstract]

Note F: Goodwill and Other Intangible Assets

The following table presents the balance of each major class of indefinite-lived intangible asset at the specified dates:


	September 30,
	2011		2010
	(In thousands)
Pawn licenses	$	8,836	$	8,836
Trade name		4,870		4,870
Goodwill		173,206		117,305

Total	$	186,912	$	131,011

The following table presents the changes in the carrying value of goodwill, by segment, for the fiscal years ended September 30, 2011 and 2010:


	U.S. Pawn		Empeño			EZMONEY
	Operations		Fácil			Operations		Consolidated
			(In thousands)
Balance at September 30, 2009	$	94,192	$	6,527		$	—	$	100,719
Acquisitions		15,871		—			—		15,871
Post-closing purchase price allocation adjustments for prior year acquisitions		192		—			—		192
Effect of foreign currency translation changes		—		523			—		523

Balance at September 30, 2010		110,255		7,050			—		117,305

Acquisitions		53,642		3,148			—		56,790
Effect of foreign currency translation changes		—		(889	)		—		(889	)

Balance at September 30, 2011	$	163,897	$	9,309		$	—	$	173,206

The following table presents the gross carrying amount and accumulated amortization for each major class of definite-lived intangible asset at the specified dates:


	September 30,
	2011							2010
	Carrying		Accumulated			Net Book		Carrying		Accumulated			Net Book
	Amount		Amortization			Value		Amount		Amortization			Value
	(In thousands)
Real estate finders’ fees	$	1,157	$	(479	)	$	678	$	948	$	(401	)	$	547
Non-compete agreements		3,722		(2,459	)		1,263		3,081		(1,834	)		1,247
Favorable lease		755		(322	)		433		644		(219	)		425
Franchise Rights		1,547		(32	)		1,515		—		—			—
Deferred financing costs		2,411		(262	)		2,149		1,469		(982	)		487
Other		58		(12	)		46		48		(6	)		42

Total	$	9,650	$	(3,566	)	$	6,084	$	6,190	$	(3,442	)	$	2,748

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 our credit agreement. The following table presents the amount and classification of amortization recognized as expense in each of the periods presented:


	Fiscal Years Ended September 30,
	2011		2010		2009
			(In thousands)
Amortization expense	$	855	$	631	$	485
Operations expense		111		129		95
Interest expense		615		403		296

Total expense from the amortization of definite-lived intangible assets	$	1,581	$	1,163	$	876

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


Fiscal Years Ended September 30,	Amortization Expense		Operations Expense		Interest Expense
			(In thousands)
2012	$	784	$	92	$	599
2013		346		76		599
2014		271		62		599
2015		234		51		352
2016		193		48		—

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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