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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Jun. 30, 2016
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of goodwill by reporting segment

 

 

 

 

 

 

 

 

 

    

June

    

September

 

 

 

2016

 

2015

 

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

 

 

 

 

 

 

 

 

 

    

June

    

September

 

 

 

2016

 

2015

 

Trademarks and tradenames

 

$

3,373,269

 

$

3,373,269

 

Non-competition agreement (less accumulated amortization of approximately $0.5 million at June 2016 and $0.4 million at September 2015)

 

 

 —

 

 

66,667

 

Customer relationships (less accumulated amortization of approximately $1.7 million and $1.5 million at June 2016 and September 2015, respectively)

 

 

452,292

 

 

651,042

 

 

 

$

3,825,561

 

$

4,090,978

 

 

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

 

 

 

 

 

 

 

June

 

 

    

2016

 

Fiscal 2016 (1)

 

$

66,250

 

Fiscal 2017

 

 

265,000

 

Fiscal 2018

 

 

79,375

 

Fiscal 2019

 

 

41,667

 

Fiscal 2020

 

 

 —

 

 

 

$

452,292

 


Represents amortization for the remaining three months of Fiscal 2016.