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FINANCING ARRANGEMENTS (Tables)
12 Months Ended
Sep. 30, 2011
FINANCING ARRANGEMENTS 
Schedule of long-term debt

 

 

September 30,

 

2011

 

2010

 

 

 

(in thousands)

 

Unsecured notes payable to a group of insurance companies, with annual principal payments of $4,000,000 due in November. Interest at 6.31% is payable semiannually in November and May.

 

$

12,000

 

$

16,000

 

Mortgage note from a U.K. financial institution, with quarterly installments of principal and interest at 6.48%

 

3,918

 

4,494

 

 

 

15,918

 

20,494

 

Less current portion

 

(4,541

)

(4,545

)

 

 

$

11,377

 

$

15,949