Selected Balance Sheet Data

3 Months Ended

Dec. 31, 2011

Selected Balance Sheet Data [Abstract]

SELECTED BALANCE SHEET DATA

3. SELECTED BALANCE SHEET DATA

Inventories. Inventories consist of the following:

	December 31, 2011			September 30, 2011
Finished goods	$	6,481		$	3,227
Work-in-process		23,512			19,870
Raw materials and supplies		12,541			13,875
Deferred cost of revenues		2,340			2,182
Under(over) applied manufacturing overhead costs		(1,068	)		—
Total	$	43,806		$	39,154

For our Specialty Chemicals segment, purchase price variances or volume or capacity cost variances associated with indirect manufacturing costs and that are planned and expected to be absorbed by goods produced through the end of our fiscal year are deferred at interim reporting dates as under(over) applied manufacturing overhead costs. The effect of unplanned or unanticipated purchase price or volume variances are applied to goods produced in the period.

Intangible Assets. Intangible assets consist of the following:

	December 31, 2011			September 30, 2011
Customer relationships	$	8,939		$	8,970
Less accumulated amortization		(8,442	)		(8,385	)
	$	497		$	585

Customer relationships are assets of our Fine Chemicals (fully amortized as of May 2011) and Aerospace Equipment segments and are subject to amortization. Amortization expense was $74 and $335 for the three months ended December 31, 2011 and 2010, respectively.

Goodwill. Goodwill is an asset of our Aerospace Equipment segment and is not expected to be deductible for tax purposes. Changes in the reported value for goodwill are a result of fluctuations in the underlying foreign currency translation rate.