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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Mar. 31, 2013
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of goodwill by reporting segment

 

 

 

 

March
 2013

 

September
 2012

 

Wholesale Segment

 

$

4,436,950

 

$

4,436,950

 

Retail Segment

 

1,912,877

 

1,912,877

 

 

 

$

6,349,827

 

$

6,349,827

 

Schedule of other intangible assets

 

 

 

 

March
 2013

 

September
 2012

 

Trademarks and tradenames

 

$

3,373,269

 

$

3,373,269

 

Non-competition agreement (less accumulated amortization of $0.2 million at March 2013 and $0.1 million at September 2012)

 

316,668

 

366,667

 

Customer relationships (less accumulated amortization of $0.8 million and $0.7 million at March 2013 and September 2012, respectively)

 

1,313,541

 

1,446,042

 

 

 

$

5,003,478

 

$

5,185,978

 

Schedule of estimated future amortization expense related to identifiable intangible assets with finite lives

 

 

Customer relationships

 

March
 2013

 

Fiscal 2013 (1)

 

$

182,500

 

Fiscal 2014

 

365,000

 

Fiscal 2015

 

365,000

 

Fiscal 2016

 

331,667

 

Fiscal 2017

 

265,000

 

Thereafter

 

121,042

 

 

 

$

1,630,209

 

 

 

(1) Represents amortization for the remaining six months of Fiscal 2013.