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Intangible Assets - (Notes)
9 Months Ended
Jun. 30, 2013
Intangible Assets [Abstract]  
Intangible Assets Disclosure [Text Block]
Intangible Assets
The gross and net carrying values of intangible assets as of the balance sheet dates, by major intangible asset class are as follows:
 
June 30, 2013
 
September 30, 2012
(in millions)
Gross Amount
 
Accumulated
Amortization
 
Net Amount
 
Gross Amount
 
Accumulated
Amortization
 
Net Amount
Intangible assets subject to amortization
 
 
 
 
 
 
 
 
 
 
 
Noncompete agreement
$
3.7

 
$
(3.7
)
 
$

 
$
3.7

 
$
(3.0
)
 
$
0.7

Trade name
0.7

 
(0.6
)
 
0.1

 
0.7

 
(0.5
)
 
0.2

Software programs/platforms
2.2

 
(1.4
)
 
0.8

 
2.2

 
(1.0
)
 
1.2

Customer base
12.7

 
(2.2
)
 
10.5

 
9.6

 
(1.8
)
 
7.8

 
19.3

 
(7.9
)
 
11.4

 
16.2

 
(6.3
)
 
9.9

Intangible assets not subject to amortization
 
 
 
 
 
 
 
 
 
 
 
Trade name
1.1

 

 
1.1

 
1.2

 

 
1.2

Total intangible assets
$
20.4

 
$
(7.9
)
 
$
12.5

 
$
17.4

 
$
(6.3
)
 
$
11.1


Amortization expense related to intangible assets was $1.7 million and $1.8 million for the nine months ended June 30, 2013 and 2012, respectively.
As of June 30, 2013, the estimated future amortization expense was as follows:
(in millions)
 
Fiscal 2013 (remaining three months)
$
1.0

Fiscal 2014
1.7

Fiscal 2015
1.4

Fiscal 2016
1.1

Fiscal 2017
1.0

Fiscal 2018 and thereafter
5.2

 
$
11.4


During the nine months ended June 30, 2013, as part of the intangible assets impairment assessment, the Company reviewed the value of the indefinite-lived trade name related to a previous acquisition and determined that the full value of the Hanley Companies trade name had been impaired during the period. The Company has discontinued the use of that trade name, which impaired the value of the previously recorded indefinite-lived intangible asset. The remaining value, if any, of the trade name was determined based on the income approach utilizing projected sales, an estimated royalty rate and discount rate.
The Company recorded impairment loss for the trade name of $0.1 million, within ‘bad debts and impairments’ on the condensed consolidated income statement, during the three and nine months ended June 30, 2013. The Hanley Companies trade name was recorded within the C&RM segment.