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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 18,829 $ 9,059
Adjustments to reconcile net income to net cash provided by operating activities:    
Bad debt expense 274 10
Deferred financing cost amortization 263 230
Depreciation and amortization 3,503 1,806
Loss on Sales of Assets 832 15
Non-cash compensation expense 645 325
Changes in operating assets and liabilities    
Accounts receivable (8,039) (4,072)
Inventories (208) 2,751
Costs and estimated earnings in excess of billings 2,964 (4,173)
Prepaid expenses and other current assets (3,098) (3,047)
Other non-current assets (1,314) 109
Accounts payable and accrued expenses 1,611 (1,876)
Billings in excess of costs and estimated earnings 2,482 4,880
Other non-current liabilities (4,840) 194
Net cash provided by operating activities 13,904 6,211
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (2,156) (2,385)
Proceeds from Sale of Property, Plant, and Equipment 2,200 0
Consideration for acquisition, net of cash acquired (59,698) (3,112)
Net cash used in investing activities (59,654) (5,497)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings of debt 20,026 6
Repayments of debt (112) 0
Stock Options Exercised 133 0
Purchase of treasury stock (590) (3,246)
Change in restricted cash (260) 0
Net cash used in financing activities 19,197 (3,240)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (26,553) (2,526)
CASH AND CASH EQUIVALENTS, beginning of period 49,360 47,342
CASH AND CASH EQUIVALENTS, end of period 22,807 44,816
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 651 594
Cash paid for income taxes $ 1,288 $ 517