XML 18 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 5,799 $ 3,292
Adjustments to reconcile net income to net cash provided by operating activities:    
Bad debt expense 114 40
Deferred financing cost amortization 90 75
Depreciation and amortization 816 579
Loss on Sales of Assets 1 6
Non-cash compensation expense 215 111
Changes in operating assets and liabilities    
Accounts receivable 7,849 3,241
Inventories 2,149 3,230
Costs and estimated earnings in excess of billings 4,226 (1,170)
Prepaid expenses and other current assets (2,658) (3,406)
Other non-current assets (60) (50)
Accounts payable and accrued expenses (11,232) (3,695)
Billings in excess of costs and estimated earnings (1,097) (2,171)
Other non-current liabilities (1,304) 54
Net cash provided by operating activities 4,908 136
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (352) (699)
Consideration for acquisition, net of cash acquired (7,538) 0
Net cash used in investing activities (7,890) (699)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings of debt 7 0
Purchase of treasury stock (72) (102)
Net cash used in financing activities (65) (102)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (3,047) (665)
CASH AND CASH EQUIVALENTS, beginning of period 49,360 47,342
CASH AND CASH EQUIVALENTS, end of period 46,313 46,677
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 201 194
Cash paid for income taxes $ 263 $ 291