XML 59 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS of CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 7,760 $ 6,760
Non-cash adjustments:    
Stock-based compensation 595 489
Depreciation and amortization 4,297 3,257
Change in contingent consideration 1,096 0
Directors' fees paid in stock 37 37
Loss on sale of fixed assets 14 3
Gain on corporate acquisition 0 (170)
Reserve for doubtful accounts 101 70
Deferred tax expense 3,833 2,920
Changes in current assets and liabilities:    
Accounts receivable (3,871) (1,656)
Inventories (3,255) (1,129)
Other current assets (77) (2,746)
Accounts payable 2,947 4,045
Accrued expenses (321) 594
Customer deposits (186) 332
Net cash flows from operating activities 12,970 12,806
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of fixed assets (3,080) (4,876)
Proceeds from (net cost of) disposal of fixed assets 46 (3)
Acquisition of SCB, cash portion (see SCB Acquisition note) 0 (24,553)
Acquisition of Albuquerque 0 170
Net cash flows from investing activities (3,034) (29,262)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Advances from revolving credit facility 62,563 63,889
Repayments of revolving credit facility (63,173) (62,514)
Borrowings under other loan agreements 0 20,840
Repayments under loan agreements and notes (6,862) (6,004)
Proceeds from exercise of stock options 134 347
Proceeds from employee stock plan purchases 64 23
Financing costs capitalized 0 (125)
Net cash flows from financing activities (7,274) 16,456
Net cash flows for the period 2,662 0
Cash and cash equivalents, beginning of period 0 0
Cash and cash equivalents, end of period 2,662 0
Supplemental cash flow information:    
Interest paid 1,106 1,499
Income taxes paid 326 309
Supplemental disclosure of non-cash adjustments:    
100,000 common shares issued in SCB acquisition 0 609
Stock options exercised by delivering common shares $ 0 $ 22