ACQUISITION

6 Months Ended

Mar. 31, 2015

Business Combinations [Abstract]

Acquisitions

2. ACQUISITION

On January 28, 2015, the Company acquired the assets of ENOSERV LLC (ENOSERV), headquartered in Tulsa, Oklahoma, for $20.5 million in cash. ENOSERV provides utility customers with high quality, user-friendly multi-platform software and has annual revenues of approximately $8 million. The operating results for ENOSERV, since the date of acquisition, are included as part of Doble Engineering Company (Doble), within ESCO’s USG segment. Based on the preliminary purchase price allocation, the Company recorded approximately $10.0 million of goodwill and $9.0 million of amortizable identifiable intangible assets consisting primarily of customer relationships and developed technology.