XML 82 R13.htm IDEA: XBRL DOCUMENT v3.2.0.727
Property and Equipment
 12 Months Ended
Sep. 30, 2014
Property and Equipment.  
Property and Equipment

 

6. Property and Equipment

 

Property and equipment, at cost, consists of the following:

 

 

 

Fiscal Year Ended

 

 

 

 

 

September 30,
2014

 

September 30,
2013

 

Useful Lives
(years)

 

 

 

(in millions)

 

 

 

 

 

 

 

Building and land

 

$
11.5

 

$
4.4

 

27

 

Leasehold improvements

 
299.7

 
289.9

 

2 - 12

 

Computer systems and equipment

 
302.6

 
257.0

 

3 - 10

 

Furniture and fixtures

 
101.5

 
106.4

 

5 - 10

 

Automobiles

 
6.8

 
5.4

 

3 - 10

 

 

 

 

 

 

 

 

 

Total

 
722.1

 
663.1

 

 

 

Accumulated depreciation and amortization

 
(440.1

)
(392.4

)

 

 

 

 

 

 

 

 

 

 

Property and equipment, net

 

$
282.0

 

$
270.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation expense for the fiscal years ended September 30, 2014, 2013 and 2012 were $69.1 million, $70.7 million and $77.1 million, respectively. Included in depreciation expense is amortization of capitalized software costs in the years ended September 30, 2014, 2013 and 2012 of $7.3 million, $6.4 million and $6.2 million, respectively. Unamortized capitalized software costs at September 30, 2014, 2013 and 2012 were $39.9 million, $29.6 million and $24.1 million, respectively.

 

Depreciation is calculated using primarily the straight-line method over the estimated useful lives of the assets, or in the case of leasehold improvements and capitalized leases, the lesser of the remaining term of the lease or its estimated useful life.