Property and Equipment

9 Months Ended

Jun. 30, 2011

Property and Equipment:

Property and equipment is carried at cost, net of accumulated depreciation and amortization. Leasehold improvements are amortized over the related lease terms or estimated useful lives, whichever is shorter. Furniture, fixtures and equipment are amortized on a straight-line method over the estimated useful lives ranging from three to eight years. Computer software is amortized on a straight-line method over the estimated useful lives ranging from three to seven years.

Major classes of property and equipment, net, consist of the following at June 30, 2011 and September 30, 2010 (in thousands):


	June 30,		September 30,
	2011		2010
Furniture, fixtures and equipment (including software)	$	21,874	$	19,331
Leasehold improvements		1,477		1,268
Vehicles		946		737

		24,297		21,336
Less, accumulated depreciation and amortization		15,255		12,412

	$	9,042	$	8,924

Depreciation and amortization of property and equipment for the three and nine months ended June 30, 2011 were $1.0 million and $2.9 million, respectively. Depreciation and amortization of property and equipment for the three and nine months ended June 30, 2010 were $0.8 million and $2.2 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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