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Intangible Assets (Notes)
 12 Months Ended
Sep. 30, 2014
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:
 
September 30, 2014
 
September 30, 2013
(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

 
$
(3.7
)
 
$
—

Trade name
0.7

 
(0.7
)
 
—

 
0.7

 
(0.7
)
 
—

Software programs/platforms
2.2

 
(1.9
)
 
0.3

 
2.2

 
(1.5
)
 
0.7

Customer base
12.9

 
(3.8
)
 
9.1

 
12.4

 
(2.6
)
 
9.8

 
19.5

 
(10.1
)
 
9.4

 
19.0

 
(8.5
)
 
10.5

Intangible assets not subject to amortization
 
 
 
 
 
 
 
 
 
 
 
Trade name
1.1

 
—

 
1.1

 
1.1

 
—

 
1.1

Total intangible assets
$
20.6

 
$
(10.1
)
 
$
10.5

 
$
20.1

 
$
(8.5
)
 
$
11.6


Amortization expense related to intangible assets was $1.6 million, $2.2 million, and $2.5 million for the fiscal years ended September 30, 2014, 2013 and 2012, respectively.
The estimated future amortization expense as of September 30, 2014 is as follows (in millions):
Year ending September 30,
 
2015
$
1.3

2016
0.7

2017
0.7

2018
0.7

2019 and thereafter
6.0

 
$
9.4


During the fiscal year ended September 30, 2013, as part of the annual goodwill and intangible assets impairment analysis, the Company assessed the value of the indefinite-lived trade name related to previous acquisitions and determined that the value of the Hanley Companies trade name had been impaired during that year. The Company discontinued the use of that trade name, which impaired the value of the previously recorded intangible asset.
The Company recorded impairment loss for the trade name of $0.1 million, in ‘bad debts and impairments’ on the consolidated income statements, during the fiscal year ended September 30, 2013. The Hanley Companies trade name was recorded in the Commercial Hedging segment.