Goodwill and Other Intangible Assets

9 Months Ended

Jun. 30, 2011

Goodwill and Other Intangible Assets [Abstract]

Goodwill and Other Intangible Assets:

The following table presents the changes in the carrying amount of goodwill for the nine months ended June 30, 2011 (in thousands):


	Goodwill		Accumulated
	Pre Impairment		Impairment
	Losses		Losses			Goodwill
Balance at October 1, 2010	$	199,506	$	(96,561	)	$	102,945
Goodwill acquired during the year		5,668		—			5,668
Final acquisition fair value adjustment		63		—			63
Foreign exchange effect		2,520		(1,289	)		1,231

Balance at June 30, 2011	$	207,757	$	(97,850	)	$	109,907

Of the $109.9 million goodwill amount, approximately $3.9 million is deductible for U.K. income tax purposes.

Intangible assets subject to amortization are being amortized on the straight-line method and consist of the following (in thousands):


			June 30, 2011
	Range		Gross				Net
	Of		Carrying		Accumulated		Carrying
	Lives		Amount		Amortization		Amount
Customer relationships		4 – 12	$	10,525	$	8,961	$	1,564
Trade names		3 – 20		1,447		240		1,207
Non-compete agreements		2 – 3		193		193		—
Favorable leasehold interests		2 – 5		7		7		—

Total			$	12,172	$	9,401	$	2,771


			September 30, 2010
	Range		Gross				Net
	Of Lives		Carrying		Accumulated		Carrying
	(Years)		Amount		Amortization		Amount
Customer relationships		4 – 12	$	10,387	$	8,124	$	2,263
Trade names		3 – 20		1,427		189		1,238
Non-compete agreements		2 – 3		191		191		—
Favorable leasehold interests		2 – 5		7		7		—

Total			$	12,012	$	8,511	$	3,501

Amortization expense for other intangible assets subject to amortization was $0.2 million and $0.8 million for three and nine months ended June 30, 2011, respectively. Amortization expense for other intangible assets subject to amortization was $0.3 million and $1.0 million for the three and nine months ended June 30, 2010, respectively. At June 30, 2011, estimated future amortization expense of other intangible assets still subject to amortization for the three months ending September 30, 2011 and the succeeding fiscal years is as follows:


Remainder of 2011	$	155
2012		620
2013		618
2014		376
2015		68
Thereafter		934

	$	2,771

The change in the net carrying amount at June 30, 2011 is due to amortization expense and the foreign exchange effect.

- 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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