Goodwill and Intangible Assets

12 Months Ended

Sep. 30, 2011

7. Goodwill and Intangible Assets

Goodwill

The changes in the carrying amount of goodwill by segment for the fiscal years ended September 30, 2011 and 2010 are as follows:

	Wholesale/ US Nutrition			European Retail			Direct Response/ E-Commerce			North American Retail		Consolidated

Predecessor balance at September 30, 2009	$	180,276		$	142,718		$	16,105		$	—	$	339,099
Foreign currency translation		263			(2,603	)		—			—		(2,340	)
Purchase adjustments		—			(4,362	)		—			—		(4,362	)
Acquisitions		1,875			887			—			—		2,762

Predecessor balance at September 30, 2010		182,414			136,640			16,105			—		335,159
Elimination of predecessor goodwill		(182,414	)		(136,640	)		(16,105	)		—		(335,159	)
Purchase accounting adjustments		610,289			281,922			317,985			7,744		1,217,940

Successor balance October 1, 2010		610,289			281,922			317,985			7,744		1,217,940
Foreign currency translation		(2,032	)		(4,426	)		—			—		(6,458	)
Acquisitions		717			—			—			—		717

Successor balance at September 30, 2011	$	608,974		$	277,496		$	317,985		$	7,744	$	1,212,199

The fiscal 2010 purchase adjustments included in the European Retail segment relate primarily to a change in estimate in the store closing reserves for Julian Graves for stores which are no longer planned to be closed.

Other Intangible Assets

The carrying amounts of acquired other intangible assets are as follows at September 30:

		Successor				Predecessor

		2011				2010
		Gross carrying amount		Accumulated amortization		Gross carrying amount		Accumulated amortization		Amortization period (years)
Definite lived intangible assets
Brands and customer relationships		$	884,265	$	38,382	$	282,198	$	99,026		17–25
Tradenames and other			172,456		6,206		20,860		11,311		20–30

			1,056,721		44,588		303,058		110,337
Indefinite lived intangible asset
Tradenames			993,020		—		1,800		—

	Total intangible assets	$	2,049,741	$	44,588	$	304,858	$	110,337

Aggregate amortization expense of other definite lived intangible assets included in the consolidated statements of income in selling, general and administrative expenses in fiscal 2011, 2010 and 2009 was approximately $45,103, $15,894 and $16,082, respectively.

Assuming no changes in our other intangible assets, estimated amortization expense for each of the five succeeding years will be approximately $45,000 per year.

- 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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