Liquidity Services (LQDT) 10-Q7 Feb 142014 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	Dec. 31, 2013	Feb. 05, 2014
Document and Entity Information	'	'
Entity Registrant Name	'LIQUIDITY SERVICES INC	'
Entity Central Index Key	'0001235468	'
Document Type	'10-Q	'
Document Period End Date	31-Dec-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--09-30	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	32,288,992
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Sep. 30, 2013
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013
Current assets:	'	'
Cash and cash equivalents	$101,491	$95,109
Accounts receivable, net of allowance for doubtful accounts of $834 and $891 at December 31, 2013 and September 30, 2013, respectively	28,567	24,050
Inventory	35,771	29,261
Prepaid and deferred taxes	10,858	11,243
Prepaid expenses and other current assets	4,632	4,802
Total current assets	181,319	164,465
Property and equipment, net	11,620	10,380
Intangible assets, net	25,232	28,205
Goodwill	211,562	211,711
Other assets	6,846	6,583
Total assets	436,579	421,344
Current liabilities:	'	'
Accounts payable	20,589	16,539
Accrued expenses and other current liabilities	32,144	34,825
Profit-sharing distributions payable	4,474	4,315
Customer payables	29,737	29,497
Total current liabilities	86,944	85,176
Acquisition earn out payables	18,479	18,390
Deferred taxes and other long-term liabilities	2,703	2,899
Total liabilities	108,126	106,465
Stockholders' equity:	'	'
Common stock, $0.001 par value; 120,000,000 shares authorized; 32,200,409 shares issued and outstanding at December 31, 2013; 31,811,764 shares issued and outstanding at September 30, 2013	31	31
Additional paid-in capital	213,871	206,861
Accumulated other comprehensive (loss) income	-11	518
Retained earnings	114,562	107,469
Total stockholders' equity	328,453	314,879
Total liabilities and stockholders' equity	$436,579	$421,344

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Sep. 30, 2013
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013
Consolidated Balance Sheets	'	'
Accounts receivable, allowance for doubtful accounts (in dollars)	$834	$891
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	120,000,000	120,000,000
Common stock, shares issued	32,200,409	31,811,764
Common stock, shares outstanding	32,200,409	31,811,764

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Consolidated Statements of Operations	'	'
Revenue	$93,470	$104,261
Fee revenue	28,478	17,944
Total revenue	121,948	122,205
Costs and expenses:	'	'
Cost of goods sold (excluding amortization)	47,710	47,122
Profit-sharing distributions	10,130	8,410
Technology and operations	25,621	22,547
Sales and marketing	9,831	10,328
General and administrative	12,307	13,968
Amortization of contract intangibles	2,407	2,210
Depreciation and amortization	2,004	1,987
Acquisition costs	95	5,376
Total costs and expenses	110,105	111,948
Income from operations	11,843	10,257
Interest expense and other (income) expense, net	21	-924
Income before provision for income taxes	11,822	11,181
Provision for income taxes	4,729	4,472
Net income	$7,093	$6,709
Basic earnings per common share (in dollars per share)	$0.22	$0.21
Diluted earnings per common share (in dollars per share)	$0.22	$0.20
Basic weighted average shares outstanding (in shares)	32,143,064	31,482,853
Diluted weighted average shares outstanding (in shares)	32,658,070	33,054,264

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Consolidated Statements of Comprehensive Income	'	'
Net income	$7,093	$6,709
Other comprehensive income (loss):	'	'
Foreign currency translation and other	-529	-268
Other comprehensive income (loss), net of taxes	-529	-268
Comprehensive income	$6,564	$6,441

Consolidated_Statement_of_Chan

Consolidated Statement of Changes in Stockholders' Equity (USD $)	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income	Retained Earnings
In Thousands, except Share data, unless otherwise specified	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income	Retained Earnings
Balance at Sep. 30, 2013	$314,879	$31	$206,861	$518	$107,469
Balance (in shares) at Sep. 30, 2013	'	31,811,764	'	'	'
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'
Exercise of common stock options and restricted stock	469	'	469	'	'
Exercise of common stock options and restricted stock (in shares)	'	388,645	'	'	'
Compensation expense and incremental tax benefit from grants of common stock options and restricted stock	6,541	'	6,541	'	'
Comprehensive income:	'	'	'	'	'
Net income	7,093	'	'	'	7,093
Foreign currency translation and other	-529	'	'	-529	'
Balance at Dec. 31, 2013	$328,453	$31	$213,871	($11)	$114,562
Balance (in shares) at Dec. 31, 2013	'	32,200,409	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Operating activities	'	'
Net income	$7,093	$6,709
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	4,411	4,197
Gain on early extinguishment of debt	'	-1,000
Stock compensation expense	3,659	4,367
Provision (benefit) for inventory allowance	291	-733
Provision for doubtful accounts	-57	-121
Incremental tax benefit from exercise of common stock options	-2,882	-5,005
Changes in operating assets and liabilities:	'	'
Accounts receivable	-4,460	-3,177
Inventory	-6,801	-512
Prepaid expenses and other assets	3,175	1,541
Accounts payable	4,050	1,345
Accrued expenses and other	-2,681	-4,976
Profit-sharing distributions payable	159	-533
Customer payables	239	842
Acquisition earn out payables	89	-4,118
Other liabilities	-1,343	967
Net cash provided by (used in) operating activities	4,942	-207
Investing activities	'	'
Increase in goodwill and intangibles and cash paid for acquisitions	'	-14,684
Purchases of property and equipment	-2,678	-1,897
Net cash used in investing activities	-2,678	-16,581
Financing activities	'	'
Repayment of notes payable	'	-39,000
Payment of acquisition contingent liabilities	'	-8,185
Proceeds from exercise of common stock options (net of tax)	469	209
Incremental tax benefit from exercise of common stock options	2,882	5,005
Net cash provided by (used in) financing activities	3,351	-41,971
Effect of exchange rate differences on cash and cash equivalents	767	-131
Net increase (decrease) in cash and cash equivalents	6,382	-58,890
Cash and cash equivalents at beginning of period	95,109	104,782
Cash and cash equivalents at end of period	101,491	45,892
Supplemental disclosure of cash flow information	'	'
Cash paid for income taxes	1,461	94
Cash paid for interest	'	2,011
Contingent purchase price accrued	'	$23,146

Organization

Organization	3 Months Ended
Organization	Dec. 31, 2013
Organization	'
Organization	'
	1. Organization

	Liquidity Services, Inc. and subsidiaries (LSI or the Company) operates leading auction marketplaces for surplus and salvage assets. LSI enables buyers and sellers to transact in an efficient, automated online auction environment offering over 500 product categories. The Company’s marketplaces provide professional buyers access to a global, organized supply of surplus and salvage assets presented with digital images and other relevant product information. Additionally, LSI enables its corporate and government sellers to enhance their financial return on excess assets by providing a liquid marketplace and value-added services that integrate sales and marketing, logistics and transaction settlement into a single offering. LSI organizes its products into categories across major industry verticals such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, energy equipment, industrial capital assets, fleet and transportation equipment and specialty equipment. The Company’s marketplaces are www.liquidation.com, www.govliquidation.com, www.govdeals.com, www.networkintl.com, www.truckcenter.com, www.secondipity.com, and www.go-dove.com. LSI has one reportable segment consisting of operating auction marketplaces for sellers and buyers of surplus, salvage and scrap assets.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies	'
Summary of Significant Accounting Policies	'
	2. Summary of Significant Accounting Policies

	Unaudited Interim Financial Information

	The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) for interim financial information. Accordingly, they do not include all of the information and notes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments, consisting of normal, recurring adjustments, considered necessary for a fair presentation have been included. The information disclosed in the notes to the consolidated financial statements for these periods is unaudited. Operating results for the three months ended December 31, 2013 are not necessarily indicative of the results that may be expected for the year ending September 30, 2014 or any future period. Fee revenue is revenue earned under the consignment model, as well as other fee revenue, and is presented separately as it accounts for more than 10% of total revenue.

	The Company has evaluated subsequent events through the date that these financial statements were issued and filed with the Securities and Exchange Commission.

	New Accounting Pronouncements

	In February 2013, the FASB issued ASU 2013-02, Comprehensive Income (Topic 220)—Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which amends existing guidance by requiring that additional information be disclosed about items reclassified out of accumulated other comprehensive income. The additional information includes separately stating the total change for each component of other comprehensive income and separately disclosing both current-period other comprehensive income and reclassification adjustments. Entities are also required to present, either on the face of the income statement or in the notes to the financial statements, significant amounts reclassified out of accumulated other comprehensive income as separate line items of net income but only if the entire amount reclassified must be reclassified to net income in the same reporting period. For amounts that are not required to be reclassified in their entirety to net income, an entity must cross-reference to other disclosures that provide additional detail about those amounts. ASU 2013-02 is effective in our fiscal 2014 first quarter. Adoption of the disclosure requirements did not have a significant impact on the consolidated financial statements.

	Business Combinations

	The Company recognizes all of the assets acquired, liabilities assumed, contractual contingencies, and contingent consideration at their fair value on the acquisition date. Acquisition-related costs are recognized separately from the acquisition and expensed as incurred. Generally, restructuring costs incurred in periods subsequent to the acquisition date are expensed when incurred. Subsequent changes to the purchase price (i.e., working capital adjustments) or other fair value adjustments determined during the measurement period are recorded as an adjustment to goodwill, with the exception of contingent consideration, which is expensed in the period it is modified. All subsequent changes to a valuation allowance or uncertain tax position that relate to the acquired company and existed at the acquisition date that occur both within the measurement period and as a result of facts and circumstances that existed at the acquisition date are recognized as an adjustment to goodwill. All other changes in valuation allowances are recognized as a reduction or increase to income tax expense or as a direct adjustment to additional paid-in capital as required.

	Accounts Receivable

	Accounts receivable are recorded at the invoiced amount and are non-interest bearing. The Company maintains an allowance for doubtful accounts to reserve for potentially uncollectible receivables. Allowances are based on management’s judgment, which considers historical experience and specific knowledge of accounts where collectability may not be probable. The Company makes provisions based on historical bad debt experience, a specific review of all significant outstanding invoices and an assessment of general economic conditions.

	Earnings per Share

	Basic net income attributable to common stockholders per share is computed by dividing net income attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted net income attributable to common stockholders per share includes the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The Company had 1,674,622 unvested restricted shares outstanding at December 31, 2013, which were issued at prices ranging from $7.48 to $52.55, of which 127,457 shares have been excluded and 837,092 shares have been included in the calculation of diluted income per share for the three months ended December 31, 2013 and 2012, respectively, due to the difference between the issuance price and the average market price for the period in which they have been outstanding. The Company has also excluded the following stock options in its calculation of diluted income per share because the option exercise prices were greater than the average market prices for the applicable period:

	(a)	for the three months ended December 31, 2013, 73,483 options; and

	(b)	for the three months ended December 31, 2012, 61,358 options.

	The following summarizes the potential outstanding common stock of the Company as of the dates set forth below:

		Three Months Ended December 31,
		2013		2012
		(unaudited)
		(dollars in thousands except per
		share amounts)

	Weighted average shares calculation:
	Basic weighted average shares outstanding	32,143,064		31,482,853
	Treasury stock effect of options and restricted stock	515,006		1,571,411

	Diluted weighted average common shares outstanding	32,658,070		33,054,264
	Net income	$	7,093	$	6,709
	Basic income per common share	$	0.22	$	0.21
	Diluted income per common share	$	0.22	$	0.2

	Stock-Based Compensation

	The Company estimates the fair value of share-based awards on the date of grant. The fair value of stock options is determined using the Black-Scholes option-pricing model. The fair value of restricted stock awards is based on the closing price of the Company’s common stock on the date of grant. The determination of the fair value of the Company’s stock option awards and restricted stock awards is based on a variety of factors including, but not limited to, the Company’s common stock price, expected stock price volatility over the expected life of awards, and actual and projected exercise behavior. Additionally, the Company has estimated forfeitures for share-based awards at the dates of grant based on historical experience, adjusted for future expectation. The forfeiture estimate is revised as necessary if actual forfeitures differ from these estimates.

	The Company issues restricted stock awards where restrictions lapse upon either the passage of time (service vesting), achieving performance targets, or some combination of these restrictions. For those restricted stock awards with only service conditions, the Company recognizes compensation cost on a straight-line basis over the explicit service period. For awards with both performance and service conditions, the Company starts recognizing compensation cost over the remaining service period, when it is probable the performance condition will be met. For stock awards that contain performance vesting conditions, the Company excludes these awards from diluted earnings per share computations until the contingency is met as of the end of that reporting period. For awards to non-employees (who are not directors), the Company records compensation cost when the performance condition is met.

	The Company presents the cash flows resulting from the tax benefits resulting from tax deductions in excess of the compensation cost recognized for those options (excess tax benefits) as a financing activity with a corresponding operating cash outflow in the Consolidated Statements of Cash Flows.

Defense_Logistics_Agency_DLA_D

Defense Logistics Agency (DLA) Disposition Services Contracts	3 Months Ended
	Dec. 31, 2013
Defense Logistics Agency (DLA) Disposition Services Contracts	'
Defense Logistics Agency (DLA) Disposition Services Contracts	'
	3. Defense Logistics Agency (DLA) Disposition Services Contracts

	The Company has a Surplus Contract with the DLA Disposition Services in which the base term expired in February 2012 with two one year renewal options. The DoD has exercised both renewal options. In January 2014, the DoD awarded the Company with a follow-on contract to extend the terms of the Surplus Contract for a base term of ten months with two one-month renewal option periods. Under the Surplus Contract, the Company is required to purchase all usable surplus property offered to the Company by the Department of Defense at a fixed percentage equal to 1.8% of the DoD’s original acquisition value. The Company retains 100% of the profits from the resale of the property and bears all of the costs for the merchandising and sale of the property. Included in Accrued expenses and other current liabilities in the Consolidated Balance Sheet, the Company has a liability to the DoD of approximately $10,072,000 and $9,257,000 for inventory as of December 31, 2013 and September 30, 2013, respectively. The Surplus Contract contains a provision providing for a mutual termination of the contract for convenience.

	As a result of the Surplus Contract, the Company is the sole remarketer of all DoD surplus turned into the DLA Disposition Services available for sale within the United States, Puerto Rico, and Guam.

	The Company has a Scrap Contract with the DLA Disposition Services in which the base term expired in June 2012 with three one year renewal options. The DoD has exercised all three renewal options. Under the terms of the Scrap Contract, the Company is required to purchase all scrap government property referred to it by the DLA Disposition Services. The Company distributes to the DLA Disposition Services 77% of the profits realized from the ultimate sale of the inventory, after deduction for allowable expenses, as provided for under the terms of the contract. The Contract also has a performance incentive that allows the Company to receive up to an additional 2% of the profit sharing distribution. This incentive is measured annually on June 30th, and is applied to the prior 12 months. For the three months ended December 31, 2013 and 2012, profit-sharing distributions to the DLA Disposition Services under the Scrap Contract were $10,130,000 and $8,410,000, including accrued amounts, as of December 31, 2013 and 2012, of $4,474,000 and $3,508,000, respectively. The Scrap Contract may be terminated by either the Company or the DLA Disposition Services if the rate of return performance ratio does not exceed specified benchmark ratios for two consecutive quarterly periods and the preceding twelve months. The Company has performed in excess of the benchmark ratios throughout the contract period through December 31, 2013.

	As a result of the Scrap Contract, the Company is the sole remarketer of all U.S. Department of Defense scrap turned into the DLA Disposition Services available for sale within the United States, Puerto Rico, and Guam.

Acquisitions

Acquisitions	3 Months Ended
	Dec. 31, 2013
Acquisitions	'
Acquisitions	'
	4. Acquisitions

	National Electronic Service Association (NESA)

	On November 1, 2012, the Company acquired the assets and assumed liabilities of National Electronic Service Association (NESA) in an all cash transaction. The acquisition price included an upfront cash payment of approximately $18.3 million and an earn-out payment. Under the terms of the agreement, the earn-out is based on EBITDA earned by NESA during the 36-48 months after closing. EBITDA growth used in the calculation is capped at 20% of prior period. The Company’s estimate for the total payout ranges from zero to a maximum $37.7 million. The Company’s estimate of the fair value of the earn-out as of the date of acquisition was $18.0 million. As of December 31, 2013, the Company’s best estimate of the fair value of the earn-out is $18.3 million. NESA is a Canadian provider of returns management, refurbishment and reverse logistics services for high-value consumer products. NESA provides expertise and focused services to Fortune 1000 companies in the management of Consumer Electronics, Telecommunications, and Information Technology products.

	Under the acquisition method of accounting, the total estimated purchase price is allocated to NESA’s net tangible and intangible assets acquired based on their estimated fair values as of November 1, 2012. Based on management’s valuation of the fair value of tangible and intangible assets acquired and liabilities assumed, the purchase price was allocated as follows:

		Consideration
		Amount
		(in thousands)
	Cash	$	3,760
	Goodwill	27,009
	Vendor contract intangible asset	3,936
	Covenants not to compete	1,400
	Other intangible asset	225
	Property and equipment	234
	Accrued liabilities	(204		)
	Total consideration	$	36,360

	Goodwill was created as part of the acquisition as the Company acquired an experienced and knowledgeable workforce, 75% of which is expected to be tax deductable as a result of the asset purchase structure of the transaction.

Goodwill

Goodwill	3 Months Ended
	Dec. 31, 2013
Goodwill.	'
Goodwill	'
	5. Goodwill

	The goodwill of acquired companies is primarily related to the acquisition of an experienced and knowledgeable workforce. The following summarizes our goodwill activity for the periods indicated:

		Goodwill
		(in thousands)
	Balance at September 30, 2013	$	211,711
	Translation adjustments	(149		)
	Balance at December 31, 2013	$	211,562

Intangible_Assets

Intangible Assets	3 Months Ended
Intangible Assets	Dec. 31, 2013
Intangible Assets	'
Intangible Assets	'
	6. Intangible Assets

	Intangible assets at December 31, 2013 and September 30, 2013 consisted of the following:

				December 31, 2013							September 30, 2013
		Useful		Gross		Accumulated			Net		Gross		Accumulated			Net
		Life		Carrying		Amortization			Carrying		Carrying		Amortization			Carrying
				Amount					Amount		Amount					Amount
		(in years)		(dollars in thousands)
	Contract intangibles	2 – 5		$	37,236	$	(19,102	)	$	18,134	$	37,236	$	(16,696	)	$	20,540
	Brand and technology	5		5,958		(1,963		)	3,995		5,965		(1,666		)	4,299
	Covenants not to compete	5		4,396		(1,641		)	2,755		4,440		(1,439		)	3,001
	Patent and trademarks	10-May		508		(160		)	348		509		(144		)	365
	Total intangible assets, net								$	25,232						$	28,205


	Future expected amortization of intangible assets at December 31, 2013 was as follows:

	Years ending September 30,	Future
	Years ending September 30,	Amortization
		(in thousands)
	2014 (remaining nine months)	$	8,202
	2015	9,357
	2016	6,271
	2017	1,255
	2018 and after	147
	Total	$	25,232

Debt

Debt	3 Months Ended
Debt	Dec. 31, 2013
Debt	'
Debt	'
	7. Debt

	Senior Credit Facility

	On April 30, 2010, the Company entered into a three year term senior credit facility (the Agreement) with a bank, which provides for borrowings up to $30.0 million. On March 13, 2012, the Company amended this credit facility extending the term to May 31, 2014 and increasing the borrowing capacity up to $75.0 million. Borrowings under the Agreement bear interest at an annual rate equal to the 30 day LIBOR rate plus 1.25% (1.417% at December 31, 2013) due monthly. As of September 30, 2013 and December 31, 2013, the Company had no outstanding borrowings under the Agreement, and the Company’s borrowing availability was $67.8 million and $65.9 million, respectively, due to issued letters of credit for $7.2 million and $9.1 million, respectively.

	Borrowings under the Agreement are secured by substantially all of the assets of the Company. The Agreement contains certain financial and non-financial restrictive covenants including, among others, the requirements to maintain a minimum level of earnings before interest, income taxes, depreciation and amortization (EBITDA) and a minimum debt coverage ratio. As of December 31, 2013, the Company was in compliance with these covenants.

	Subordinated Note

	In conjunction with the Jacobs Trading acquisition, the Company issued a $40,000,000 seller subordinated 5% unsecured note. The note was repaid in full in November 2012. In conjunction with the repayment, the Company received a $1.0 million discount on the principal. This gain on the early extinguishment of debt has been reflected in interest expense and other income (expense) in the Consolidated Statement of Operations.

Income_Taxes

Income Taxes	3 Months Ended
Income Taxes	Dec. 31, 2013
Income Taxes	'
Income Taxes	'
	8. Income Taxes

	The Company’s interim effective income tax rate is based on management’s best current estimate of the expected annual effective income tax rate. The Company estimates that its fiscal year 2014 tax rate will be approximately 40%.

	The Company applies the guidance related to uncertainty in income taxes. The Company has concluded that there were no uncertain tax positions identified during its analysis. The Company’s policy is to recognize interest and penalties in the period in which they occur in the income tax provision. The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, various state and local jurisdictions and in foreign jurisdictions, primarily Canada and the U.K. Currently, the Company is subject to income tax examinations for fiscal 2010 and 2011. The Company anticipates no material tax liability to arise from this examination. The statute of limitations for years prior to fiscal 2010 is now closed. However, certain tax attribute carryforwards that were generated prior to fiscal 2010 may be adjusted upon examination by tax authorities if they are utilized.

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Dec. 31, 2013
Stockholders' Equity	'
Stockholders' Equity	'
	9. Stockholders’ Equity

	Share Repurchase Program

	On December 2, 2008, the Company’s Board of Directors approved a $10.0 million share repurchase program. Under the program, the Company is authorized to repurchase the issued and outstanding shares of common stock. Share repurchases may be made through open market purchases, privately negotiated transactions or otherwise, at times and in such amounts as management deems appropriate. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements and other market conditions. The repurchase program may be discontinued or suspended at any time, and will be funded using our available cash. On each of February 2, 2010, November 30, 2010 and May 3, 2011, the Company’s Board of Directors approved the repurchase of up to an additional $10.0 million under the share repurchase program, on May 17, 2012, the Company’s Board of Directors approved the repurchase of up to an additional $30.0 million under the share repurchase program, on December 12, 2013, the Company’s Board of Directors approved the repurchase of up to an additional $12.9 million under the share repurchase program, and on February 5, 2014, the Company's Board of Directors approved the repurchase of up to an additional $19.0 million under the share repurchase program. The Company’s Board of Directors reviews the share repurchase program periodically, the last such review having occurred in February 2014. During the year ended September 30, 2009, 707,462 shares were purchased under the program for approximately $3,874,000. During the year ended September 30, 2010, 1,225,019 shares were purchased under the program for approximately $14,471,000. During the year ended September 30, 2011, 229,575 shares were purchased under the program for approximately $3,541,000. During the year ended September 30, 2012, 505,067 shares were purchased under the program for approximately $30,000,000. All repurchased shares have been retired. During the three months ended December 31, 2013, no shares were purchased under the program. As of December 31, 2013 and February 5, 2014, approximately $31,000,000 and $50,000,000, respectively, may yet be expended under the program.

	2006 Omnibus Long-Term Incentive Plan (the 2006 Plan)

	Under the 2006 Plan, as amended, 10,000,000 shares of common stock were available for issuance. At September 30, 2012, there were 2,553,574 shares remaining reserved for issuance in connection with awards under the 2006 Plan. During fiscal year 2013, the Company granted options to purchase 171,994 shares to employees and directors with exercise prices between $29.47 and $46.72, and options to purchase 32,244 shares were forfeited. During fiscal year 2013, the Company granted 997,857 restricted shares to employees and directors at prices ranging from $29.47 to $42.47, and 403,083 restricted shares were forfeited. During the twelve months ended September 30, 2013, the Company issued 335,000 restricted shares and cancelled 281,500 restricted shares to a non-employee that vest based on performance conditions. At September 30, 2013, there were 1,819,050 shares remaining reserved for issuance in connection with awards under the 2006 Plan. During the three months ended December 31, 2013, the Company issued options to purchase 348,002 shares to employees and directors at prices ranging from $21.99 to $24.19, and options to purchase 15,747 shares were forfeited. During the three months ended December 31, 2013, the Company issued 567,331 restricted shares to employees and directors at prices ranging from $21.99 to $26.71, and 100,307 restricted shares were forfeited. At December 31, 2013, there were 1,019,771 shares remaining reserved for issuance in connection with awards under the 2006 Plan. The maximum number of shares subject to options or stock appreciation rights that can be awarded under the 2006 Plan to any person is 1,000,000 per year. The maximum number of shares that can be awarded under the 2006 Plan to any person, other than pursuant to an option or stock appreciation right, is 700,000 per year. These shares and options generally vest over a period of one to four years conditioned on continued employment for the incentive period.

	Stock Option Activity

	A summary of the Company’s stock option activity for the year ended September 30, 2013 and the three months ended December 31, 2013 is as follows:

		Options		Weighted-
				Average
				Exercise Price
	Options outstanding at September 30, 2012	1,675,795		$	13.84
	Options granted	171,994		35.76
	Options exercised	(223,139	)	11.35
	Options canceled	(32,244	)	18.67
	Options outstanding at September 30, 2013	1,592,406		16.46
	Options granted	348,002		22.6
	Options exercised	(52,374	)	8.95
	Options canceled	(15,747	)	30.11
	Options outstanding at December 31, 2013	1,872,287		17.7
	Options exercisable at December 31, 2013	1,151,352		14


	The intrinsic value and weighted average remaining contractual life in years of outstanding and exercisable options at December 31, 2013 is approximately $13,482,000 and 6.23 and $11,482,000 and 4.77, respectively, based on a stock price of $22.66 on December 31, 2013. Over the last three years, volatility rates have ranged from 50.90% - 63.88%, a dividend rate of 0%, risk free interest rates have ranged from 0.14% - 1.21% and expected forfeiture rates have ranged from 18.42% - 22.80%.

	Restricted Share Activity

	A summary of the Company’s restricted share activity for the year ended September 30, 2013 and the three months ended December 31, 2013 is as follows:

		Restricted		Weighted-
		Shares		Average
				Fair Value
	Unvested restricted shares at September 30, 2012	1,399,609		$	22.51
	Restricted shares granted	997,857		36.97
	Restricted shares vested	(450,514	)	21.18
	Restricted shares canceled	(403,083	)	35.39
	Unvested restricted shares at September 30, 2013	1,543,869		28.89
	Restricted shares granted	567,331		22.38
	Restricted shares vested	(336,271	)	22.43
	Restricted shares canceled	(100,307	)	19.81
	Unvested restricted shares at December 31, 2013	1,674,622		28.52


	The intrinsic value and weighted average remaining contractual life in years of unvested restricted shares at December 31, 2013 is approximately $37,947,000 and 8.90, respectively, based on a stock price of $22.66 on December 31, 2013.

Fair_Value_Measurement

Fair Value Measurement	3 Months Ended
	Dec. 31, 2013
Fair Value Measurement	'
Fair Value Measurement	'
	10. Fair Value Measurement

	The Company measures and records in the accompanying consolidated financial statements certain liabilities at fair value on a recurring basis. Authoritative guidance issued by the FASB establishes a fair value hierarchy for those instruments measured at fair value that distinguishes between assumptions based on market data (observable inputs) and the Company’s assumptions (unobservable inputs). On January 1, 2012, the Company adopted Accounting Standards Update 2011-04, Fair Value Measurement: Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS, which amended FASB ASC Topic 820, Fair Value Measurement. Adoption of the disclosure requirements did not have a material impact on our financial position or results of operations. The hierarchy consists of three levels:

	Level 1	Quoted market prices in active markets for identical assets or liabilities;
	Level 2	Inputs other than Level 1 inputs that are either directly or indirectly observable; and
	Level 3	Unobservable inputs developed using estimates and assumptions developed by the Company, which reflect those that a market participant would use.

	As of December 31, 2013 and September 30, 2013, the Company had no Level 1 or Level 2 assets or liabilities that were recorded at fair value on a recurring basis. As of September 30, 2013 and December 31, 2013, the Company’s liability for the earn-out related to the National Electronic Service Association acquisition of $18,390,000 and $18,479,000, respectively, is the only liability measured at fair value on a recurring basis and is classified as Level 3 within the fair value hierarchy. The changes in liabilities measured at fair value for which the Company has used Level 3 inputs to determine fair value for the year ended September 30, 2013 and the three months ended December 31, 2013 are as follows ($ in thousands):

		Level 3
		Liabilities
	Balance at September 30, 2012	$	14,511
	Acquisition contingent consideration	18,050
	Settlements	(19,608		)
	Increase of contingent consideration	5,437
	Balance at September 30, 2013	18,390
	Acquisition contingent consideration	—
	Settlements	—
	Increase of contingent consideration	89
	Balance at December 31, 2013	$	18,479

	When valuing its Level 3 liabilities, the Company gives consideration to operating results, financial condition, economic and/or market events, and other pertinent information that would impact its estimate of the expected earn-out payment. The valuation procedures are primarily based on management’s projection of EBITDA for the acquired businesses and applying a discount to the expected earn out payments to estimate fair value. Discount rates range from 2.0% to 6.0% and are based on the Company’s cost of borrowing. Changes in the discount rate are not expected to have a material impact on the fair value of these liabilities. Because of the inherent uncertainty, this estimated value may differ significantly from the value that would have been used had a ready market for the liability existed, and it is reasonably possible that the difference could be material. Changes in fair value of the Company’s Level 3 liabilities are recorded in Acquisition Costs in the Consolidated Statements of Operations.

	The Company’s financial assets not measured at fair value are cash and cash equivalents (which includes cash and commercial paper with original maturities of less than 90 days). We believe the carrying value approximates fair value due to the short term maturity of these instruments.

Defined_Benefit_Pension_Plan

Defined Benefit Pension Plan	3 Months Ended
	Dec. 31, 2013
Defined Benefit Pension Plan	'
Defined Benefit Pension Plan	'
	11. Defined Benefit Pension Plan

	Certain employees of GoIndustry, which the Company acquired in July 2012, are covered by a qualified defined benefit pension plan.

	The net periodic benefit cost recognized for the three months ended December 31, 2013 and 2012, included the following components:

	Qualified Defined Benefit Pension Plan	Three months ended December 31,
	(in thousands)	2013			2012
	Service cost	—			—
	Interest cost	$	280		$	273
	Expected return on plan assets	(322		)	(267		)
	Amortization of prior service cost	—			—
	Amortization of actuarial (gain)/loss	—			—
	Amortization of transitional obligation/(asset)	—			—

	Total net periodic benefit cost	$	(42	)	$	6

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies	'
Unaudited Interim Financial Information	'
	Unaudited Interim Financial Information

	The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) for interim financial information. Accordingly, they do not include all of the information and notes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments, consisting of normal, recurring adjustments, considered necessary for a fair presentation have been included. The information disclosed in the notes to the consolidated financial statements for these periods is unaudited. Operating results for the three months ended December 31, 2013 are not necessarily indicative of the results that may be expected for the year ending September 30, 2014 or any future period. Fee revenue is revenue earned under the consignment model, as well as other fee revenue, and is presented separately as it accounts for more than 10% of total revenue.

	The Company has evaluated subsequent events through the date that these financial statements were issued and filed with the Securities and Exchange Commission.

New Accounting Pronouncements	'
	New Accounting Pronouncements

	In February 2013, the FASB issued ASU 2013-02, Comprehensive Income (Topic 220)—Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which amends existing guidance by requiring that additional information be disclosed about items reclassified out of accumulated other comprehensive income. The additional information includes separately stating the total change for each component of other comprehensive income and separately disclosing both current-period other comprehensive income and reclassification adjustments. Entities are also required to present, either on the face of the income statement or in the notes to the financial statements, significant amounts reclassified out of accumulated other comprehensive income as separate line items of net income but only if the entire amount reclassified must be reclassified to net income in the same reporting period. For amounts that are not required to be reclassified in their entirety to net income, an entity must cross-reference to other disclosures that provide additional detail about those amounts. ASU 2013-02 is effective in our fiscal 2014 first quarter. Adoption of the disclosure requirements did not have a significant impact on the consolidated financial statements.

Business Combinations	'
	Business Combinations

	The Company recognizes all of the assets acquired, liabilities assumed, contractual contingencies, and contingent consideration at their fair value on the acquisition date. Acquisition-related costs are recognized separately from the acquisition and expensed as incurred. Generally, restructuring costs incurred in periods subsequent to the acquisition date are expensed when incurred. Subsequent changes to the purchase price (i.e., working capital adjustments) or other fair value adjustments determined during the measurement period are recorded as an adjustment to goodwill, with the exception of contingent consideration, which is expensed in the period it is modified. All subsequent changes to a valuation allowance or uncertain tax position that relate to the acquired company and existed at the acquisition date that occur both within the measurement period and as a result of facts and circumstances that existed at the acquisition date are recognized as an adjustment to goodwill. All other changes in valuation allowances are recognized as a reduction or increase to income tax expense or as a direct adjustment to additional paid-in capital as required.

Accounts Receivable	'
	Accounts Receivable

	Accounts receivable are recorded at the invoiced amount and are non-interest bearing. The Company maintains an allowance for doubtful accounts to reserve for potentially uncollectible receivables. Allowances are based on management’s judgment, which considers historical experience and specific knowledge of accounts where collectability may not be probable. The Company makes provisions based on historical bad debt experience, a specific review of all significant outstanding invoices and an assessment of general economic conditions.

Earnings per Share	'
	Earnings per Share

	Basic net income attributable to common stockholders per share is computed by dividing net income attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted net income attributable to common stockholders per share includes the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The Company had 1,674,622 unvested restricted shares outstanding at December 31, 2013, which were issued at prices ranging from $7.48 to $52.55, of which 127,457 shares have been excluded and 837,092 shares have been included in the calculation of diluted income per share for the three months ended December 31, 2013 and 2012, respectively, due to the difference between the issuance price and the average market price for the period in which they have been outstanding. The Company has also excluded the following stock options in its calculation of diluted income per share because the option exercise prices were greater than the average market prices for the applicable period:

	(a)	for the three months ended December 31, 2013, 73,483 options; and

	(b)	for the three months ended December 31, 2012, 61,358 options.

	The following summarizes the potential outstanding common stock of the Company as of the dates set forth below:

		Three Months Ended December 31,
		2013		2012
		(unaudited)
		(dollars in thousands except per
		share amounts)

	Weighted average shares calculation:
	Basic weighted average shares outstanding	32,143,064		31,482,853
	Treasury stock effect of options and restricted stock	515,006		1,571,411

	Diluted weighted average common shares outstanding	32,658,070		33,054,264
	Net income	$	7,093	$	6,709
	Basic income per common share	$	0.22	$	0.21
	Diluted income per common share	$	0.22	$	0.2

Stock-Based Compensation	'
	Stock-Based Compensation

	The Company estimates the fair value of share-based awards on the date of grant. The fair value of stock options is determined using the Black-Scholes option-pricing model. The fair value of restricted stock awards is based on the closing price of the Company’s common stock on the date of grant. The determination of the fair value of the Company’s stock option awards and restricted stock awards is based on a variety of factors including, but not limited to, the Company’s common stock price, expected stock price volatility over the expected life of awards, and actual and projected exercise behavior. Additionally, the Company has estimated forfeitures for share-based awards at the dates of grant based on historical experience, adjusted for future expectation. The forfeiture estimate is revised as necessary if actual forfeitures differ from these estimates.

	The Company issues restricted stock awards where restrictions lapse upon either the passage of time (service vesting), achieving performance targets, or some combination of these restrictions. For those restricted stock awards with only service conditions, the Company recognizes compensation cost on a straight-line basis over the explicit service period. For awards with both performance and service conditions, the Company starts recognizing compensation cost over the remaining service period, when it is probable the performance condition will be met. For stock awards that contain performance vesting conditions, the Company excludes these awards from diluted earnings per share computations until the contingency is met as of the end of that reporting period. For awards to non-employees (who are not directors), the Company records compensation cost when the performance condition is met.

	The Company presents the cash flows resulting from the tax benefits resulting from tax deductions in excess of the compensation cost recognized for those options (excess tax benefits) as a financing activity with a corresponding operating cash outflow in the Consolidated Statements of Cash Flows.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Dec. 31, 2013
Summary of Significant Accounting Policies	'
Schedule of the potential outstanding common stock	'

		Three Months Ended December 31,
		2013		2012
		(unaudited)
		(dollars in thousands except per
		share amounts)

	Weighted average shares calculation:
	Basic weighted average shares outstanding	32,143,064		31,482,853
	Treasury stock effect of options and restricted stock	515,006		1,571,411

	Diluted weighted average common shares outstanding	32,658,070		33,054,264
	Net income	$	7,093	$	6,709
	Basic income per common share	$	0.22	$	0.21
	Diluted income per common share	$	0.22	$	0.2

Acquisitions_Tables

Acquisitions (Tables)	3 Months Ended
	Dec. 31, 2013
Acquisitions	'
Schedule of fair value of tangible and intangible assets acquired and liabilities assumed	'

		Consideration
		Amount
		(in thousands)
	Cash	$	3,760
	Goodwill	27,009
	Vendor contract intangible asset	3,936
	Covenants not to compete	1,400
	Other intangible asset	225
	Property and equipment	234
	Accrued liabilities	(204		)
	Total consideration	$	36,360

Goodwill_Tables

Goodwill (Tables)	3 Months Ended
	Dec. 31, 2013
Goodwill.	'
Summary of goodwill activity	'

		Goodwill
		(in thousands)
	Balance at September 30, 2013	$	211,711
	Translation adjustments	(149		)
	Balance at December 31, 2013	$	211,562

Intangible_Assets_Tables

Intangible Assets (Tables)	3 Months Ended
Intangible Assets (Tables)	Dec. 31, 2013
Intangible Assets	'
Schedule of intangible assets	'

				December 31, 2013							September 30, 2013
		Useful		Gross		Accumulated			Net		Gross		Accumulated			Net
		Life		Carrying		Amortization			Carrying		Carrying		Amortization			Carrying
				Amount					Amount		Amount					Amount
		(in years)		(dollars in thousands)
	Contract intangibles	2 – 5		$	37,236	$	(19,102	)	$	18,134	$	37,236	$	(16,696	)	$	20,540
	Brand and technology	5		5,958		(1,963		)	3,995		5,965		(1,666		)	4,299
	Covenants not to compete	5		4,396		(1,641		)	2,755		4,440		(1,439		)	3,001
	Patent and trademarks	10-May		508		(160		)	348		509		(144		)	365
	Total intangible assets, net								$	25,232						$	28,205

Schedule of future expected amortization of intangible assets	'


	Years ending September 30,	Future
	Years ending September 30,	Amortization
		(in thousands)
	2014 (remaining nine months)	$	8,202
	2015	9,357
	2016	6,271
	2017	1,255
	2018 and after	147
	Total	$	25,232

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	3 Months Ended
Stockholders' Equity (Tables)	Dec. 31, 2013
Stockholders' Equity	'
Summary of stock option activity	'

		Options		Weighted-
				Average
				Exercise Price
	Options outstanding at September 30, 2012	1,675,795		$	13.84
	Options granted	171,994		35.76
	Options exercised	(223,139	)	11.35
	Options canceled	(32,244	)	18.67
	Options outstanding at September 30, 2013	1,592,406		16.46
	Options granted	348,002		22.6
	Options exercised	(52,374	)	8.95
	Options canceled	(15,747	)	30.11
	Options outstanding at December 31, 2013	1,872,287		17.7
	Options exercisable at December 31, 2013	1,151,352		14

Summary of restricted share activity	'

		Restricted		Weighted-
		Shares		Average
				Fair Value
	Unvested restricted shares at September 30, 2012	1,399,609		$	22.51
	Restricted shares granted	997,857		36.97
	Restricted shares vested	(450,514	)	21.18
	Restricted shares canceled	(403,083	)	35.39
	Unvested restricted shares at September 30, 2013	1,543,869		28.89
	Restricted shares granted	567,331		22.38
	Restricted shares vested	(336,271	)	22.43
	Restricted shares canceled	(100,307	)	19.81
	Unvested restricted shares at December 31, 2013	1,674,622		28.52

Fair_Value_Measurement_Tables

Fair Value Measurement (Tables)	3 Months Ended
	Dec. 31, 2013
Fair Value Measurement	'
Schedule of changes in liabilities measured at fair value for which the Company has used Level 3 inputs to determine fair value	'
	The changes in liabilities measured at fair value for which the Company has used Level 3 inputs to determine fair value for the year ended September 30, 2013 and the three months ended December 31, 2013 are as follows ($ in thousands):

		Level 3
		Liabilities
	Balance at September 30, 2012	$	14,511
	Acquisition contingent consideration	18,050
	Settlements	(19,608		)
	Increase of contingent consideration	5,437
	Balance at September 30, 2013	18,390
	Acquisition contingent consideration	—
	Settlements	—
	Increase of contingent consideration	89
	Balance at December 31, 2013	$	18,479

Defined_Benefit_Pension_Plan_T

Defined Benefit Pension Plan (Tables)	3 Months Ended
	Dec. 31, 2013
Defined Benefit Pension Plan	'
Schedule of net periodic benefit cost recognized	'

	Qualified Defined Benefit Pension Plan	Three months ended December 31,
	(in thousands)	2013			2012
	Service cost	—			—
	Interest cost	$	280		$	273
	Expected return on plan assets	(322		)	(267		)
	Amortization of prior service cost	—			—
	Amortization of actuarial (gain)/loss	—			—
	Amortization of transitional obligation/(asset)	—			—

	Total net periodic benefit cost	$	(42	)	$	6

Organization_Details

Organization (Details)	3 Months Ended
	Dec. 31, 2013
	segment
	productcategory
Organization	'
Product categories offered, number	500
Reportable segment, number	1

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2012
Earnings per Share	'	'	'	'
Treasury stock effect of options and restricted stock (in shares)	515,006	1,571,411	'	'
Restricted shares	'	'	'	'
Earnings per Share	'	'	'	'
Unvested restricted shares	1,674,622	'	1,543,869	1,399,609
Issue price (in dollars per share)	$28.52	'	$28.89	$22.51
Unvested shares excluded in calculation of diluted income per share	127,457	'	'	'
Unvested shares included in calculation of diluted income per share	837,092	837,092	'	'
Restricted shares \| Minimum	'	'	'	'
Earnings per Share	'	'	'	'
Issue price (in dollars per share)	$7.48	'	'	'
Restricted shares \| Maximum	'	'	'	'
Earnings per Share	'	'	'	'
Issue price (in dollars per share)	$52.55	'	'	'

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details 2) (Stock options)	3 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Stock options	'	'
Stock options excluded from the calculation of diluted income per share	'	'
Stock options excluded from the calculation of diluted income per share (in shares)	73,483	61,358

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Details 3) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Weighted average shares calculation:	'	'
Basic weighted average shares outstanding	32,143,064	31,482,853
Treasury stock effect of options and restricted stock (in shares)	515,006	1,571,411
Diluted weighted average common shares outstanding	32,658,070	33,054,264
Net income	$7,093	$6,709
Basic income per common share (in dollars per share)	$0.22	$0.21
Diluted income per common share (in dollars per share)	$0.22	$0.20

Defense_Logistics_Agency_DLA_D1

Defense Logistics Agency (DLA) Disposition Services Contracts (Details) (USD $)	3 Months Ended			1 Months Ended	3 Months Ended		3 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2013	Jan. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
				Surplus contract	Surplus contract	Surplus contract	Scrap contract	Scrap contract	Scrap contract
				renewaloption	renewaloption		Q		Maximum
							renewaloption
							item
Defense Logistics Agency (DLA) Disposition Services Contracts	'	'	'	'	'	'	'	'	'
Number of renewal options	'	'	'	'	2	'	3	'	'
Term of renewal options	'	'	'	'	'1 year	'	'1 year	'	'
Base term of follow-on contract extension	'	'	'	'10 months	'	'	'	'	'
Number of renewal options under follow-on contract	'	'	'	2	'	'	'	'	'
Term of each renewal option under follow-on contract	'	'	'	'1 month	'	'	'	'	'
Number of renewal options exercised	'	'	'	'	'	'	3	'	'
Usable surplus property to be purchased as a fixed percentage of DoD's original acquisition value	'	'	'	'	1.80%	'	'	'	'
Profits from resale of the property retained (as a percent)	'	'	'	'	100.00%	'	'	'	'
Liability for inventory included in accrued expenses and other current liabilities	$32,144,000	'	$34,825,000	'	$10,072,000	$9,257,000	'	'	'
Profits distributed to DLA Disposition Services (as a percent)	'	'	'	'	'	'	77.00%	'	'
Additional profit sharing distribution (as a percent)	'	'	'	'	'	'	'	'	2.00%
Performance incentive measurement period	'	'	'	'	'	'	'12 months	'	'
Profit-sharing distributions	10,130,000	8,410,000	'	'	'	'	10,130,000	8,410,000	'
Profit-sharing distributions accrued	$4,474,000	'	$4,315,000	'	'	'	$4,474,000	$3,508,000	'
Number of consecutive quarterly periods in which performance ratio does not exceed benchmark ratios resulting in contract termination	'	'	'	'	'	'	2	'	'
Number of preceding months in which performance ratio does not exceed benchmark ratios resulting in contract termination	'	'	'	'	'	'	'12 months	'	'

Acquisitions_Details

Acquisitions (Details) (USD $)	Dec. 31, 2013	Sep. 30, 2013	Nov. 02, 2012	Dec. 31, 2013	Nov. 02, 2012	Nov. 02, 2012	Nov. 02, 2012	Nov. 02, 2012	Nov. 02, 2012
			NESA	NESA	NESA	NESA	NESA	NESA	NESA
					Vendor contract intangible asset	Covenants not to compete	Other intangible asset	Minimum	Maximum
Acquisitions	'	'	'	'	'	'	'	'	'
Upfront cash payment	'	'	$18,300,000	'	'	'	'	'	'
Period after the closing date of acquisition during which EBITDA earned is used to calculate the earn-out	'	'	'	'	'	'	'	'36 months	'48 months
Percentage EBITDA growth capped	'	'	20.00%	'	'	'	'	'	'
Possible total earn out payment, low end of range	'	'	0	'	'	'	'	'	'
Possible total earn out payment, high end of range	'	'	37,700,000	'	'	'	'	'	'
Estimated fair value of earn-out	'	'	18,000,000	18,300,000	'	'	'	'	'
Purchase consideration allocated to acquired tangible assets, identifiable intangible assets, liabilities assumed and goodwill	'	'	'	'	'	'	'	'	'
Cash	'	'	3,760,000	'	'	'	'	'	'
Goodwill	211,562,000	211,711,000	27,009,000	'	'	'	'	'	'
Finite-lived intangible assets	'	'	'	'	3,936,000	1,400,000	225,000	'	'
Property and equipment	'	'	234,000	'	'	'	'	'	'
Accrued liabilities	'	'	-204,000	'	'	'	'	'	'
Total consideration	'	'	$36,360,000	'	'	'	'	'	'
Percentage of expected tax deductible of goodwill	'	'	75.00%	'	'	'	'	'	'

Goodwill_Details

Goodwill (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013
Goodwill	'
Balance at the beginning of the period	$211,711
Translation adjustments	-149
Balance at the end of the period	$211,562

Intangible_Assets_Details

Intangible Assets (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013
Intangible Assets	'	'
Net Carrying Amount	$25,232	$28,205
Contract intangibles	'	'
Intangible Assets	'	'
Gross Carrying Amount	37,236	37,236
Accumulated Amortization	-19,102	-16,696
Net Carrying Amount	18,134	20,540
Contract intangibles \| Minimum	'	'
Intangible Assets	'	'
Useful Life	'2 years	'
Contract intangibles \| Maximum	'	'
Intangible Assets	'	'
Useful Life	'5 years	'
Brand and technology	'	'
Intangible Assets	'	'
Useful Life	'5 years	'
Gross Carrying Amount	5,958	5,965
Accumulated Amortization	-1,963	-1,666
Net Carrying Amount	3,995	4,299
Covenants not to compete	'	'
Intangible Assets	'	'
Useful Life	'5 years	'
Gross Carrying Amount	4,396	4,440
Accumulated Amortization	-1,641	-1,439
Net Carrying Amount	2,755	3,001
Patent and trademarks	'	'
Intangible Assets	'	'
Gross Carrying Amount	508	509
Accumulated Amortization	-160	-144
Net Carrying Amount	$348	$365
Patent and trademarks \| Minimum	'	'
Intangible Assets	'	'
Useful Life	'5 years	'
Patent and trademarks \| Maximum	'	'
Intangible Assets	'	'
Useful Life	'10 years	'

Intangible_Assets_Details_2

Intangible Assets (Details 2) (USD $)	Dec. 31, 2013	Sep. 30, 2013
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013
Future expected amortization of intangible assets	'	'
2014 (remaining nine months)	$8,202	'
2015	9,357	'
2016	6,271	'
2017	1,255	'
2018 and after	147	'
Net Carrying Amount	$25,232	$28,205

Debt_Details

Debt (Details) (USD $)	3 Months Ended	0 Months Ended	3 Months Ended					0 Months Ended	1 Months Ended
	Dec. 31, 2012	Apr. 30, 2010	Dec. 31, 2013	Sep. 30, 2013	Mar. 13, 2012	Dec. 31, 2013	Sep. 30, 2013	Oct. 02, 2011	Nov. 30, 2012
		Senior Credit Facility, expiring April 30, 2013	Amended Senior Credit Facility, expiring May 31, 2014	Amended Senior Credit Facility, expiring May 31, 2014	Amended Senior Credit Facility, expiring May 31, 2014	Amended Senior Credit Facility, expiring May 31, 2014	Amended Senior Credit Facility, expiring May 31, 2014	Subordinated Note	Subordinated Note
						Issued letters of credit	Issued letters of credit	Jacobs Trading	Jacobs Trading
Debt	'	'	'	'	'	'	'	'	'
Term	'	'3 years	'	'	'	'	'	'	'
Maximum borrowings	'	$30,000,000	'	'	$75,000,000	'	'	'	'
Interest rate basis	'	'	'30 day LIBOR	'	'	'	'	'	'
Percentage added to reference rate	'	'	1.25%	'	'	'	'	'	'
Interest rate at period end (as a percent)	'	'	1.42%	'	'	'	'	'	'
Amount outstanding	'	'	0	0	'	9,100,000	7,200,000	'	'
Available borrowing capacity	'	'	65,900,000	67,800,000	'	'	'	'	'
Principal amount of debt issued	'	'	'	'	'	'	'	40,000,000	'
Interest rate (as a percent)	'	'	'	'	'	'	'	5.00%	'
Gain on the early extinguishment of debt	$1,000,000	'	'	'	'	'	'	'	$1,000,000

Income_Taxes_Details

Income Taxes (Details) (USD $)	Dec. 31, 2013
Income Taxes	'
Estimated effective tax rate (as a percent)	40.00%
Uncertain tax positions identified during analysis	$0

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)

0 Months Ended

3 Months Ended

12 Months Ended

Feb. 05, 2014

Dec. 31, 2013

Dec. 12, 2013

17-May-12

3-May-11

Nov. 30, 2010

Feb. 02, 2010

Dec. 02, 2008

Dec. 31, 2013

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2010

Sep. 30, 2009

Stockholders' Equity

Share repurchase program approved amount

$10,000,000

Additional amount authorized under share repurchase program

19,000,000

12,900,000

30,000,000

10,000,000

Shares purchased

229,575

1,225,019

707,462

Shares purchased amount

3,541,000

14,471,000

3,874,000

Amount yet to be expended under the program

50,000,000

31,000,000

Shares purchased and retired

505,067

Shares purchased and retired amount

$30,000,000

Stockholders_Equity_Details_2

Stockholders' Equity (Details 2) (USD $)

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2012

Dec. 02, 2005

Dec. 31, 2013

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2013

Dec. 31, 2013

Minimum

Maximum

Employee and director options

Restricted shares

Options or stock appreciation rights

Other than options or stock appreciation rights

Minimum

Maximum

Minimum

Maximum

Performance-based

Maximum

Non-employee

2006 Omnibus Long-Term Incentive Plan (the 2006 Plan)

Shares available for issuance

10,000,000

Remaining shares reserved for issuance

1,019,771

1,819,050

2,553,574

Options granted (in shares)

348,002

171,994

Options granted, exercise prices (in dollars per share)

$22.60

$35.76

$21.99

$29.47

$24.19

$46.72

Options forfeited (in shares)

15,747

32,244

Restricted shares granted (in shares)

567,331

997,857

335,000

Restricted shares granted, exercise price (in dollars per share)

$22.38

$36.97

$21.99

$29.47

$26.71

$42.47

Restricted shares forfeited (in shares)

100,307

403,083

281,500

Number of shares awarded per person per year

1,000,000

700,000

Shares and options vesting period

'1 year

'4 years

Stockholders_Equity_Details_3

Stockholders' Equity (Details 3) (Options, USD $)	3 Months Ended	12 Months Ended
Stockholders' Equity (Details 3) (Options, USD $)	Dec. 31, 2013	Sep. 30, 2013
Options	'	'
Stock option activity	'	'
Options outstanding at the beginning of the period (in shares)	1,592,406	1,675,795
Options granted (in shares)	348,002	171,994
Options exercised (in shares)	-52,374	-223,139
Options cancelled (in shares)	-15,747	-32,244
Options outstanding at the end of the period (in shares)	1,872,287	1,592,406
Options exercisable at the end of the period (in shares)	1,151,352	'
Weighted-Average Exercise Price	'	'
Options outstanding at the beginning of the period (in dollars per share)	$16.46	$13.84
Options granted (in dollars per share)	$22.60	$35.76
Options exercised (in dollars per share)	$8.95	$11.35
Options cancelled (in dollars per share)	$30.11	$18.67
Options outstanding at the end of the period (in dollars per share)	$17.70	$16.46
Options exercisable at the end of the period (in dollars per share)	$14	'

Stockholders_Equity_Details_4

Stockholders' Equity (Details 4) (USD $)	3 Months Ended	36 Months Ended
Stockholders' Equity (Details 4) (USD $)	Dec. 31, 2013	Dec. 31, 2013
Intrinsic value and weighted average remaining contractual life in years of outstanding and exercisable options	'	'
Stock price (in dollars per share)	$22.66	$22.66
Options	'	'
Intrinsic value and weighted average remaining contractual life in years of outstanding and exercisable options	'	'
Intrinsic value of outstanding shares	$13,482,000	$13,482,000
Weighted average remaining contractual life of outstanding options	'6 years 2 months 23 days	'
Intrinsic value of exercisable options	$11,482,000	$11,482,000
Weighted average remaining contractual life of exercisable options	'4 years 9 months 7 days	'
Fair value assumptions	'	'
Volatility rate, minimum (as a percent)	'	50.90%
Volatility rate, maximum (as a percent)	'	63.88%
Dividend yield (as a percent)	'	0.00%
Risk free interest rate, minimum (as a percent)	'	0.14%
Risk free interest rate, maximum (as a percent)	'	1.21%
Options \| Minimum	'	'
Fair value assumptions	'	'
Expected forfeiture rate (as a percent)	'	18.42%
Options \| Maximum	'	'
Fair value assumptions	'	'
Expected forfeiture rate (as a percent)	'	22.80%

Stockholders_Equity_Details_5

Stockholders' Equity (Details 5) (USD $)	3 Months Ended	12 Months Ended
Stockholders' Equity (Details 5) (USD $)	Dec. 31, 2013	Sep. 30, 2013
Unvested awards	'	'
Stock price (in dollars per share)	$22.66	'
Restricted shares	'	'
Restricted share activity	'	'
Unvested restricted shares at the beginning of the period	1,543,869	1,399,609
Restricted shares granted	567,331	997,857
Restricted shares vested	-336,271	-450,514
Restricted shares cancelled	-100,307	-403,083
Unvested restricted shares at the end of the period	1,674,622	1,543,869
Weighted-Average Fair Value	'	'
Unvested restricted shares at the beginning of the period (in dollars per share)	$28.89	$22.51
Restricted shares granted (in dollars per share)	$22.38	$36.97
Restricted shares vested (in dollars per share)	$22.43	$21.18
Restricted shares cancelled (in dollars per share)	$19.81	$35.39
Unvested restricted shares at the end of the period (in dollars per share)	$28.52	$28.89
Unvested awards	'	'
Intrinsic value of unvested restricted shares	$37,947,000	'
Weighted average remaining contractual life of unvested restricted shares	'8 years 10 months 24 days	'

Fair_Value_Measurement_Details

Fair Value Measurement (Details) (USD $)	Dec. 31, 2013	Nov. 02, 2012	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2013	Sep. 30, 2013
	NESA	NESA	Recurring basis	Recurring basis	Recurring basis	Recurring basis	Recurring basis	Recurring basis
			Level 1	Level 1	Level 2	Level 2	Level 3	Level 3
							NESA	NESA
Fair value measurement	'	'	'	'	'	'	'	'
Assets, fair value	'	'	$0	$0	$0	$0	'	'
Liabilities, fair value	'	'	0	0	0	0	'	'
Estimated fair value of earn-out	$18,300,000	$18,000,000	'	'	'	'	$18,479,000	$18,390,000

Fair_Value_Measurement_Details1

Fair Value Measurement (Details 2) (Contingent consideration, USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Sep. 30, 2013
Changes in liabilities measured at fair value for which the Company has used Level 3 inputs to determine fair value	'	'
Balance at the beginning of the period	$18,390	$14,511
Acquisition contingent consideration	'	18,050
Settlements	'	-19,608
Increase of contingent consideration	89	5,437
Balance at the end of the period	$18,479	$18,390
Level 3 \| Income approach \| Minimum	'	'
Changes in liabilities measured at fair value for which the Company has used Level 3 inputs to determine fair value	'	'
Discount rate (as a percent)	2.00%	'
Level 3 \| Income approach \| Maximum	'	'
Changes in liabilities measured at fair value for which the Company has used Level 3 inputs to determine fair value	'	'
Discount rate (as a percent)	6.00%	'

Defined_Benefit_Pension_Plan_D

Defined Benefit Pension Plan (Details) (Defined benefit pension plan, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Defined benefit pension plan	'	'
Net periodic benefit cost recognized	'	'
Interest cost	$280	$273
Expected return on plan assets	-322	-267
Total net periodic benefit cost	($42)	$6