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GOODWILL
6 Months Ended
Mar. 27, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL
Goodwill balances resulting from the acquisitions of SCB in the first quarter of fiscal 2011 and Celmet in fiscal 2010 were $13.7 million and $0.1 million, respectively, prior to the impairment described below.
 
Since its acquisition, SCB has operated as a reporting unit of the Company, primarily in the aerospace & defense (previously disclosed as military & aerospace) market sector.  As previously disclosed, due to changing circumstances, the Company determined it was necessary to perform a quantitative assessment which resulted in a goodwill impairment charge of $11.8 million recorded in the fourth quarter of fiscal 2013.
  
There has been no further impairment of SCB goodwill during the first six months of fiscal 2015 or fiscal 2014.
 
As for the goodwill from the Celmet acquisition, there has been no impairment since acquisition date.
 
A summary of the total goodwill and accumulated impairment at period end follows:
Goodwill

March 27,
2015
 
September 30,
2014
(in thousands)

 

 
 

Goodwill

$
13,810


$
13,810

Accumulated impairment

(11,805
)

(11,805
)
Goodwill, net

$
2,005


$
2,005