Restructuring and Asset Impairments (Notes)

12 Months Ended

Sep. 30, 2014

Restructuring Cost and Reserve [Line Items]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring Charges

Pursuant to the August 29, 2014 IQinVision merger, the Company initiated certain integration and restructuring activities pursuant to an approved plan (the "Plan"). The Company recognized $520,000 of severance charges in fiscal 2014 in connection with the Plan pursuant to notification of termination benefits to six affected employees. The Company also recognized $519,000 of inventory provisions in fiscal 2014 related to the Plan.

Accounting for restructuring activities, as compared to regular operating cost management activities, requires an evaluation of formally committed and approved plans. Restructuring activities have comparatively greater strategic significance and materiality and may involve exit activities, whereas regular cost containment activities are more tactical in nature and are rarely characterized by formal and integrated action plans or exiting a particular product, facility or service.

Such restructuring amounts were reported in the Company's consolidated statement of operations for fiscal 2014 as follows:



Cost of goods sold	$	519,000
Operating expense	520,000
Total restructuring charges	$	1,039,000

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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