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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net income $ 13,184 $ 842
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,330 1,038
Write-down of inventory 235 278
Non-cash stock compensation expense 386 277
Gain on sale of property, plant and equipment (12,465)  
Provision for allowance for doubtful accounts 10 16
Other, net   8
Changes in operating assets and liabilities:    
Accounts receivable 1,714 (9,385)
Inventories (5,617) (3,328)
Other assets (1,298) (324)
Accounts payable 1,603 5,815
Accrued income taxes 713 536
Accrued and other liabilities 1,031 809
Contract liabilities 4,264 646
Net cash provided by (used in) operating activities 5,090 (2,772)
Investing Activities    
Purchases of property, plant and equipment (325) (790)
Proceeds from the sale of property, plant and equipment 19,908  
Acquisition, net of cash and cash equivalents acquired   (5,082)
Net cash provided by (used in) investing activities 19,583 (5,872)
Financing Activities    
Proceeds from the exercise of stock options 111 1,148
Repurchase of common stock (4,115)  
Payments on long-term debt (4,851) (284)
Net cash (used in) provided by financing activities (8,855) 864
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (441) (250)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 15,377 (8,030)
Cash and Cash Equivalents , Beginning of Period 32,836 45,070
Cash, Cash Equivalents and Restricted Cash, End of Period 48,213 37,040
Supplemental Cash Flow Information:    
Income tax payments, net 30 991
Interest paid $ 166 $ 166