Property and Equipment, net (Notes)

12 Months Ended

Sep. 30, 2014

Property and Equipment, net [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Property and Equipment, net

Property and equipment are stated at cost, and reported net of accumulated depreciation on the consolidated balance sheets. Depreciation on plant and equipment is calculated on the straight-line method over the estimated useful lives of the assets. The estimated useful lives of property and equipment range from 3 to 10 years. During the fiscal years ended September 30, 2014, 2013 and 2012, depreciation expense was $5.7 million, $5.8 million and $4.7 million, respectively.

A summary of property and equipment, at cost less accumulated depreciation as of September 30, 2014 and 2013 is as follows:



(in millions)	September 30, 2014			September 30, 2013
Property and equipment:
Furniture and fixtures	$	5.2		$	6.0
Software	6.2			6.0
Equipment	10.9			10.2
Leasehold improvements	9.3			9.6
Total property and equipment	31.6			31.8
Less accumulated depreciation	(15.7		)	(14.3		)
Property and equipment, net	$	15.9		$	17.5

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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