XML 48 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,292us-gaap_NetIncomeLoss $ 124us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Bad debt expense 40us-gaap_ProvisionForDoubtfulAccounts 45us-gaap_ProvisionForDoubtfulAccounts
Deferred financing cost amortization 75us-gaap_AmortizationOfFinancingCosts 127us-gaap_AmortizationOfFinancingCosts
Depreciation and amortization 579us-gaap_DepreciationDepletionAndAmortization 617us-gaap_DepreciationDepletionAndAmortization
Loss on sale of assets (6)us-gaap_GainsLossesOnSalesOfAssets (56)us-gaap_GainsLossesOnSalesOfAssets
Non-cash compensation expense 111us-gaap_RestrictedStockExpense 200us-gaap_RestrictedStockExpense
Changes in operating assets and liabilities    
Accounts receivable 3,241us-gaap_IncreaseDecreaseInAccountsReceivable 7,050us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories 3,230us-gaap_IncreaseDecreaseInInventories 3,495us-gaap_IncreaseDecreaseInInventories
Costs and estimated earnings in excess of billings (1,170)us-gaap_IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract 777us-gaap_IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract
Prepaid expenses and other current assets (3,406)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (1,915)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other non-current assets (50)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets 510us-gaap_IncreaseDecreaseInOtherNoncurrentAssets
Accounts payable and accrued expenses (3,695)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (12,684)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Billings in excess of costs and estimated earnings (2,171)us-gaap_IncreaseDecreaseInBillingInExcessOfCostOfEarnings (577)us-gaap_IncreaseDecreaseInBillingInExcessOfCostOfEarnings
Other non-current liabilities 54us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities (24)us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities
Net cash provided by (used in) operating activities 136us-gaap_NetCashProvidedByUsedInOperatingActivities (2,199)us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (699)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (267)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (699)us-gaap_NetCashProvidedByUsedInInvestingActivities (267)us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of debt 0us-gaap_RepaymentsOfDebt (877)us-gaap_RepaymentsOfDebt
Purchase of treasury stock 102us-gaap_PaymentsForRepurchaseOfCommonStock 161us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash used in financing activities (102)us-gaap_NetCashProvidedByUsedInFinancingActivities (1,038)us-gaap_NetCashProvidedByUsedInFinancingActivities
NET DECREASE IN CASH AND CASH EQUIVALENTS (665)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (3,504)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS, beginning of period 47,342us-gaap_CashAndCashEquivalentsAtCarryingValue 20,757us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS, end of period 46,677us-gaap_CashAndCashEquivalentsAtCarryingValue 17,253us-gaap_CashAndCashEquivalentsAtCarryingValue
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 194us-gaap_InterestPaid 264us-gaap_InterestPaid
Cash paid for income taxes $ 291us-gaap_IncomeTaxesPaid $ 95us-gaap_IncomeTaxesPaid