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Royal

05/21/12 1:44 AM

#195 RE: Royal #194

Compensated Awareness Post View Disclaimer
PSMH Depreciation and amortization expense increased by $63,935 to $80,883 and increased by $127,502 to $178,875 for the three and nine months ended March 31, 2012 as compared to the comparable prior year periods, primarily due to the change in the amortization period from 5 to 8 years of identifiable intangible assets (customer lists) acquired as a result of four acquisitions during the three and nine months ended March 31, 2012 .