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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Jun. 30, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of goodwill by reporting segment

 

 

 

 

June
2015

 

September
2014

 

Wholesale Segment

 

$

4,436,950 

 

$

4,436,950 

 

Retail Segment

 

1,912,877 

 

1,912,877 

 

 

 

 

 

 

 

 

 

$

6,349,827 

 

$

6,349,827 

 

 

 

 

 

 

 

 

 

 

Schedule of other intangible assets

 

 

 

June
2015

 

September
2014

 

Trademarks and tradenames

 

$

3,373,269 

 

$

3,373,269 

 

Non-competition agreement (less accumulated amortization of $0.4 million and $0.3 million at June 2015 and September 2014, respectively)

 

91,667 

 

166,667 

 

Customer relationships (less accumulated amortization of $1.4 million and $1.2 million at June 2015 and September 2014, respectively)

 

717,292 

 

916,042 

 

 

 

 

 

 

 

 

 

$

4,182,228 

 

$

4,455,978 

 

 

 

 

 

 

 

 

 

 

Schedule of estimated future amortization expense related to identifiable intangible assets with finite lives

 

 

 

 

Customer relationships

 

June
2015

 

Fiscal 2015 (1)

 

$

91,250 

 

Fiscal 2016

 

331,667 

 

Fiscal 2017

 

265,000 

 

Fiscal 2018

 

79,375 

 

Fiscal 2019

 

41,667 

 

 

 

 

 

 

 

$

808,959 

 

 

 

 

 

 

 

 

(1)

Represents amortization for the remaining three months of Fiscal 2015.