Note 5. Goodwill and Other Intangible Assets
Following is a summary of the changes in the carrying value of goodwill for the fiscal years ended September 30, 2013 and 2012 (in thousands):
Pharmaceutical | |||||||
Distribution | Other | Total | |||||
Goodwill at September 30, 2011 | $ 2,421,707 | $ 75,455 | $ 2,497,162 | ||||
Goodwill recognized in connection with acquisitions (see Note 2) | (134) | 444,554 | 444,420 | ||||
Foreign currency translation | 1,402 | - | 1,402 | ||||
Goodwill at September 30, 2012 | 2,422,975 | 520,009 | 2,942,984 | ||||
Goodwill recognized in connection with acquisitions (see Note 2) | - | 3,000 | 3,000 | ||||
Foreign currency translation | (1,014) | - | (1,014) | ||||
Goodwill at September 30, 2013 | $ 2,421,961 | $ 523,009 | $ 2,944,970 | ||||
Following is a summary of other intangible assets (in thousands):
September 30, 2013 | September 30, 2012 | ||||||||||||||||
Gross | Net | Gross | Net | ||||||||||||||
Carrying | Accumulated | Carrying | Carrying | Accumulated | Carrying | ||||||||||||
Amount | Amortization | Amount | Amount | Amortization | Amount | ||||||||||||
Indefinite-lived intangibles — trade names | $ | 343,892 | $ | - | $ | 343,892 | $ | 344,004 | $ | - | $ | 344,004 | |||||
Finite-lived intangibles: | |||||||||||||||||
Customer relationships | 265,810 | (80,767) | 185,043 | 265,981 | (61,865) | 204,116 | |||||||||||
Other | 69,350 | (43,542) | 25,808 | 67,896 | (35,568) | 32,328 | |||||||||||
Total other intangible assets | $ | 679,052 | $ | (124,309) | $ | 554,743 | $ | 677,881 | $ | (97,433) | $ | 580,448 |
During the fiscal year ended September 30, 2011, the Company recorded a goodwill impairment charge of $3.0 million and a customer relationship impairment charge of $3.5 million relating to one of its smaller business units. For segment presentation, this charge was included in Other.
Amortization expense for other intangible assets was $27.1 million, $21.5 million, and $12.6 million in the fiscal years ended September 30, 2013, 2012, and 2011, respectively. Amortization expense for other intangible assets is estimated to be $25.6 million in fiscal 2014, $21.7 million in fiscal 2015, $20.8 million in fiscal 2016, $17.0 million in fiscal 2017, $14.8 million in 2018 and $111.0 million thereafter.