INCOME TAXES (Tables)

12 Months Ended

Sep. 30, 2019

Schedule Of Income Loss From Continuing Operations Before Taxes

Income taxes have been based on the following components of Income before taxes from continuing operations:



	For the Years Ended September 30,
	2019		2018		2017
Domestic	$	49,723	$	4,942	$	(1,339	)
Non-U.S.	22,455		28,868		18,037
	$	72,178	$	33,810	$	16,698

Schedule of Components of Income Tax Expense (Benefit)

Provision (benefit) for income taxes on income was comprised of the following from continuing operations:



	For the Years Ended September 30,
	2019			2018			2017
Current	$	28,778		$	18,188		$	(3,426	)
Deferred	(2,222		)	(17,633		)	2,341
Total	$	26,556		$	555		$	(1,085	)
U.S. Federal	$	14,160		$	(12,714	)	$	(6,689	)
State and local	6,187			5,175			3,307
Non-U.S.	6,209			8,094			2,297
Total provision	$	26,556		$	555		$	(1,085	)

Schedule of Effective Income Tax Rate Reconciliation

Differences between the effective income tax rate applied to Income and the U.S. Federal income statutory rate from continuing operations were as follows:



	For the Years Ended September 30,
	2019		2018		2017
U.S. Federal income tax provision (benefit) rate	21.0	%	24.5	%	35.0	%
State and local taxes, net of Federal benefit	6.6	%	10.2	%	12.4	%
Non-U.S. taxes - foreign permanent items and taxes	2.0	%	3.6	%	(12.4	)%
Non-U.S. tax true-up	—	%	—	%	(11.4	)%
Change in domestic manufacturing deduction	0.7	%	—	%	(5.8	)%
Change in tax contingency reserves	(0.7	)%	(0.6	)%	0.7	%
Impact of federal rate change on deferred tax balances	—	%	(60.0	)%	—	%
Tax Reform-Repatriation of Foreign Earnings and GILTI	1.0	%	61.6	%	—	%
Change in valuation allowance	3.3	%	13.4	%	(0.6	)%
Other non-deductible/non-taxable items, net	3.1	%	(5.2	)%	7.6	%
Non-deductible officer's compensation	5.2	%	6.4	%	0.7	%
Research and U.S. foreign tax credits	(4.7	)%	(39.4	)%	(3.6	)%
Share based compensation	0.4	%	(3.8	)%	(26.6	)%
Other	(1.1	)%	(9.1	)%	(2.5	)%
Effective tax provision (benefit) rate	36.8	%	1.6	%	(6.5	)%

Schedule of Deferred Tax Assets and Liabilities

The tax effect of temporary differences that give rise to future deferred tax assets and liabilities are as follows:



	At September 30,
	2019			2018
Deferred tax assets:
Bad debt reserves	$	1,980		$	1,404
Inventory reserves	8,361			7,709
Deferred compensation (equity compensation and defined benefit plans)	16,544			11,437
Compensation benefits	5,186			5,434
Insurance reserve	1,873			1,782
Warranty reserve	2,896			2,598
Net operating loss	11,077			10,593
Tax credits	9,373			6,379
Capital loss carryback	2,000			—
Interest	5,250			—
Other reserves and accruals	3,738			5,433
	68,278			52,769
Valuation allowance	(10,823		)	(8,520		)
Total deferred tax assets	57,455			44,249
Deferred tax liabilities:
Goodwill and intangibles	(42,477		)	(44,402		)
Property, plant and equipment	(43,996		)	(39,260		)
Other	(1,096		)	(1,086		)
Total deferred tax liabilities	(87,569		)	(84,748		)
Net deferred tax liabilities	$	(30,114	)	$	(40,499	)

Schedule Of Components of Net Deferred Tax Asset Liability By Balance Sheet Account

The components of the net deferred tax liability, by balance sheet account, were as follows:



	At September 30,
	2019			2018
Other assets	$	137		$	61
Other liabilities	(31,141		)	(42,689		)
Liabilities of discontinued operations	890			2,129
Net deferred liability	$	(30,114	)	$	(40,499	)

Schedule of Unrecognized Tax Benefits Roll Forward

The following is a roll forward of unrecognized tax benefits:



Balance at September 30, 2017	$	4,825
Additions based on tax positions related to the current year	152
Additions based on tax positions related to prior years	(253		)
Reductions based on tax positions related to prior years	26
Lapse of Statutes	(194		)
Settlements	(37		)
Balance at September 30, 2018	4,519
Additions based on tax positions related to the current year	117
Additions based on tax positions related to prior years	(559		)
Lapse of Statutes	(16		)
Balance at September 30, 2019	$	4,061