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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 7,993 $ 5,103
Adjustments to reconcile net income to net cash provided by operating activities:    
Bad debt expense 105 (14)
Deferred financing cost amortization 183 151
Depreciation and amortization 1,848 1,169
Loss on Sales of Assets 776 12
Non-cash compensation expense 429 17
Changes in operating assets and liabilities    
Accounts receivable 5,361 1,507
Inventories 1,703 2,679
Costs and estimated earnings in excess of billings 5,587 (1,524)
Prepaid expenses and other current assets (2,257) (2,770)
Other non-current assets (552) 225
Accounts payable and accrued expenses (2,575) 533
Billings in excess of costs and estimated earnings 1,170 (2,545)
Other non-current liabilities (1,450) 192
Net cash provided by operating activities 18,321 4,735
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (1,084) (1,626)
Consideration for acquisition, net of cash acquired (8,307) 0
Net cash used in investing activities (9,391) (1,626)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings of debt 416 17
Repayments of debt (426) 0
Stock Options Exercised 61 0
Purchase of treasury stock (72) (3,215)
Net cash used in financing activities (21) (3,198)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 8,909 (89)
CASH AND CASH EQUIVALENTS, beginning of period 49,360 47,342
CASH AND CASH EQUIVALENTS, end of period 58,269 47,253
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 426 393
Cash paid for income taxes $ 733 $ 397