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Intangible Assets
12 Months Ended
Sep. 30, 2013
Intangible Assets  
Intangible Assets

 

8. Intangible Assets

        Intangible assets at September 30, 2013 and September 30, 2012 consisted of the following:

 
   
  September 30, 2013   September 30, 2012  
 
  Useful
Life
(in years)
  Gross
Carrying
Amount
  Accumulated
Amortization
  Net
Carrying
Amount
  Gross
Carrying
Amount
  Accumulated
Amortization
  Net
Carrying
Amount
 
 
  (dollars in thousands)
 

Contract intangibles

    5 - 7   $ 37,236   $ (16,696 ) $ 20,540   $ 33,300   $ (7,266 ) $ 26,034  

Brand and technology

    3 - 5     5,965     (1,666 )   4,299     6,325     (1,023 )   5,302  

Covenants not to compete

    3 - 5     4,440     (1,439 )   3,001     4,400     (1,770 )   2,630  

Patent and trademarks

    3 - 10     509     (144 )   365     374     (136 )   238  
                                         

Total intangible assets, net

                    $ 28,205               $ 34,204  
                                         

        Future expected amortization of intangible assets at September 30, 2013 was as follows:

Years ending September 30,
  Amortization  
 
  (in thousands)
 

2014

  $ 11,143  

2015

    9,367  

2016

    6,281  

2017

    1,265  

2018 and after

    149  
       

Total

  $ 28,205  
       

        Amortization expense related to intangible assets for the years ended September 30, 2013, 2012 and 2011 was $11,678,000, $9,451,000, and $1,514,000, respectively.