Recently Adopted Accounting Pronouncements

9 Months Ended

Jun. 30, 2012

Recently Adopted Accounting Pronouncements [Abstract]

Recently Adopted Accounting Pronouncements

(15)Recently Adopted Accounting Pronouncements

In September 2011, the FASB issued amendments to its goodwill impairment guidance. The amendments provide an option for entities to first assess qualitative factors to determine whether it is necessary to perform the two-step quantitative goodwill impairment test. Under these amendments, an entity would not be required to calculate the fair value of a reporting unit unless it determines, based on the qualitative assessment, that it is more likely than not that the reporting unit’s fair value is less than its carrying amount. The amendments are effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011, with early adoption permitted. The Company elected to adopt the amendments in connection with the performance of its annual goodwill impairment test as of September 30, 2011.

In May 2011, the FASB issued guidance amending existing guidance for measuring and disclosing fair value.  The new guidance enhances the disclosure requirements primarily for Level 3 fair value measurements.  The Company's adoption of the amended guidance at the end of the second quarter of fiscal 2012 did not have a significant impact on the fair value measurements included in the Company's financial statements as of June 30, 2012.