GOODWILL AND INTANGIBLE ASSETS

6 Months Ended

Mar. 31, 2013

4. GOODWILL AND INTANGIBLE ASSETS

The carrying amounts of intangible assets at March 31, 2013 and September 30, 2012 were as follows:

	March 31, 2013							September 30, 2012

	March 31, 2013							September 30, 2012							Weighted- Average Amortization Period (Years)
	Gross Carrying Amount(1)		Accumulated Amortization(1)			Net Carrying Amount		Gross Carrying Amount(1)		Accumulated Amortization(1)			Net Carrying Amount		Weighted- Average Amortization Period (Years)
Intangible assets subject to amortization:
Trademarks/tradenames/patents	$	2,706	$	(913	)	$	1,793	$	2,674	$	(778	)	$	1,896		13
Customer relationships/distribution rights/ non-compete agreements		12,200		(6,488	)		5,712		12,239		(5,519	)		6,720		6
Developed software and technology		772		(772	)		—		772		(772	)		—		5

		15,678		(8,173	)		7,505		15,685		(7,069	)		8,616
Intangible assets not subject to amortization:
Trademarks/tradenames/licenses		11,247		—			11,247		11,258		—			11,258

	$	26,925	$	(8,173	)	$	18,752	$	26,943	$	(7,069	)	$	19,874

(1): Amounts include the impact of foreign currency translation adjustments.

Estimated future amortization expense related to the March 31, 2013 net carrying amount of $7,505 for intangible assets subject to amortization is as follows:

Year Ending September 30,	Estimated Amortization Expense

2013(1)	$	984
2014		1,838
2015		1,656
2016		1,032
2017		687
Thereafter		1,308

	$	7,505

(1): Estimated amortization expense for the year ending September 30, 2013 includes only amortization to be recorded after March 31, 2013.

The ongoing uncertainty in general and economic conditions may continue to impact retail and consumer demand, as well as the market price of the Company's common stock, and could negatively impact the Company's future operating performance, cash flow and/or stock price and could result in goodwill and/or intangible asset impairment charges being recorded in future periods. Also, the Company periodically reviews its brands to achieve marketing, sales and operational synergies. These reviews could result in brands being consolidated or discontinued and could result in intangible asset impairment charges being recorded in future periods. Goodwill and/or intangible asset impairment charges could materially impact the Company's consolidated financial statements. The valuation of goodwill and intangible assets is subject to a high degree of judgment, uncertainty and complexity.

- 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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