Detail Of Certain Balance Sheet Accounts

12 Months Ended

Sep. 30, 2014

Detail Of Certain Balance Sheet Accounts [Abstract]

Detail Of Certain Balance Sheet Accounts

6. DETAIL OF CERTAIN BALANCE SHEET ACCOUNTS

Activity in our allowance for doubtful accounts on accounts and long-term receivables consists of the following:

	Years Ended September 30,
	2014		2013
Balance at beginning of period	$	980	$	1,788
Additions to costs and expenses		170		133
Deductions for uncollectible receivables written off, net of recoveries		(370)		(941)
Balance at end of period	$	780	$	980

Accounts payable and accrued expenses consist of the following:

	Years Ended September 30,
	2014		2013
Accounts payable, trade	$	38,639	$	40,659
Accrued compensation and benefits		22,076		18,057
Accrued insurance liabilities		4,560		4,963
Other accrued expenses		8,757		10,641
	$	74,032	$	74,320

Contracts in progress are as follows:

	Years Ended September 30,
	2014		2013
Costs incurred on contracts in progress	$	281,764	$	362,822
Estimated earnings		32,088		42,464
		313,852		405,286
Less--Billings to date		(327,113)		(417,626)
Net contracts in progress	$	(13,261)	$	(12,340)
Costs and estimated earnings in excess of billings on uncompleted contracts		8,591		8,336
Less--Billings in excess of costs and estimated earnings on uncompleted contracts		(21,852)		(20,676)
Net contracts in progress	$	(13,261)	$	(12,340)

Other non-current assets are comprised of the following:

	Years Ended September 30,
	2014		2013
Deposits	$	250	$	999
Deferred tax assets		298		1,631
Executive Savings Plan assets		625		591
Securities and equity investments		919		919
Other		2,375		2,611
Total	$	4,467	$	6,751

Securities and Equity Investments

Investment in EnerTech

At September 30, 2014 and 2013, we held an investment in EnerTech Capital Partners II L.P.(“EnerTech), a private investment fund. As our investment was2.21 % of the overall ownership in EnerTech at September 30, 2014 and 2013, we account for this investment using the cost method of accounting. EnerTech’s investment portfolio from time to time results in unrealized losses reflecting a possible, other-than-temporary, impairment of our investment. The carrying value of our investment in EnerTech at September 30, 2014 and 2013 was $919.

The following table presents the reconciliation of the carrying value and unrealized gains (losses) to the fair value of the investment in EnerTech as of September 30, 2014 and 2013:

	Years Ended September 30,
	2014		2013
Carrying value	$	919	$	919
Unrealized gains		94		138
Fair value	$	1,013	$	1,057

At each reporting date, the Company performs an evaluation of impairment for securities to determine if any unrealized losses are other-than-temporary. For equity securities, this evaluation considers a number of factors including, but not limited to, the length of time and extent to which the fair value has been less than cost, the financial condition and near term prospects of the issuer and management’s ability and intent to hold the securities until fair value recovers. The assessment of the ability and intent to hold these securities to recovery focuses on liquidity needs, asset and liability management objectives and securities portfolio objectives. Based on the results of this evaluation, we believe the unrealized gain at September 30, 2014 indicated our investment was not impaired.

In December 31, 2013, EnerTech’s general partner, with the consent of the fund’s investors, extended the fund through December 31, 2014. The fund is expected to terminate on this date unless extended by the fund’s valuation committee. The fund may be extended for another one-year period through December 31, 2015 with the consent of the fund’s valuation committee.