Revenue Recognition (Tables)

3 Months Ended

Dec. 31, 2020

Schedule of components of accounts receivable

The components of accounts receivable are as follows (in thousands):

	December 31,		September 30,
	2020		2020
Accounts receivable
Billed	$	98,116	$	161,473
Allowance for doubtful accounts		(1,359)		(1,498)
Net accounts receivable	$	96,757	$	159,975

Schedule of contract assets and liabilities

Contract assets and contract liabilities were as follows (in thousands):

	December 31,		September 30,
	2020		2020
Contract assets	$	288,256	$	268,773
Contract liabilities	$	80,429	$	75,546

ASU 2014-09

Schedule of aggregate impact of net changes in contract estimates

The aggregate impact of net changes in contract estimates are presented in the table below (amounts in thousands, except per share amounts):

	Three Months Ended
	December 31,
	2020		2019
Operating income (loss)	$	1,338	$	(6,168)
Net income (loss) from continuing operations		1,059		(5,762)
Net income (loss) from continuing operations attributable to Cubic		970		(5,762)
Diluted income (loss) per share attributable to Cubic		0.03		(0.18)