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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 1,551,000 $ 2,489,000
Adjustments to reconcile net income to cash provided by operating activities:    
Purchase of marketable securities (33,191,000) (35,313,000)
Proceeds from sale and maturity of marketable securities 32,680,000 34,659,000
Change in value of marketable securities (2,040,000) (1,256,000)
Deferred and other income taxes 382,000 (1,657,000)
Depreciation and amortization 586,000 418,000
Stock-based compensation   18,000
Changes in assets and liabilities:    
Accounts receivable (772,000) (59,000)
Costs and estimated earnings in excess of billings 1,696,000 455,000
Inventories (excluding the effect of the Blaw-Knox acquisition) 2,617,000 (325,000)
Prepaid expenses 75,000 (955,000)
Accounts payable 1,496,000 807,000
Customer deposits (1,156,000) 3,003,000
Accrued expenses (219,000) 1,763,000
Total adjustments 2,154,000 1,558,000
Cash flows provided by operating activities 3,705,000 4,047,000
Cash flows from investing activities:    
Acquisition of Blaw-Knox (14,400,000)  
Capital expenditures (932,000) (6,000)
Cash flows used in investing activities (15,332,000) (6,000)
Net increase (decrease) in cash and cash equivalents (11,627,000) 4,041,000
Cash and cash equivalents at:    
Beginning of year 35,584,000 10,302,000
End of year 23,957,000 $ 14,343,000
Non-cash investing and financing activities:    
Operating lease right-of-use assets 254,000  
Operating lease liabilities $ 254,000