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Quarterly Financial Data (Unaudited)
12 Months Ended
Sep. 30, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
A summary of quarterly information is as follows (in thousands, except per share data)
 
 
2017 Quarters
 
 
First
 
Second
 
Third
 
Fourth
Revenue
 
$
26,111

 
$
29,905

 
$
29,256

 
$
30,390

Gross margin
 
5,811

 
6,401

 
6,385

 
7,253

Income from operations
 
889

 
1,839

 
1,753

 
2,149

Other income (expense), net
 
(364
)
 
(255
)
 
(269
)
 
(340
)
Income before income taxes
 
525

 
$
1,584

 
1,484

 
1,809

Income tax expense(benefit)
 
201

 
$
605

 
539

 
769

Net income
 
$
324

 
$
979

 
$
945

 
$
1,040

Earnings (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.03

 
$
0.09

 
$
0.08

 
$
0.09

Diluted
 
$
0.03

 
$
0.08

 
$
0.08

 
$
0.08

 
 
2016 Quarters
 
 
First
 
Second
 
Third (1)
 
Fourth
Revenue
 
$
16,559

 
$
16,934

 
$
24,989

 
$
27,120

Gross margin
 
2,917

 
3,224

 
5,456

 
6,229

Income from operations
 
382

 
689

 
1,668

 
1,325

Other expense
 
(575
)
 
(127
)
 
(374
)
 
(542
)
Income (loss) before income taxes
 
(193
)
 
562

 
1,294

 
783

Income tax expense(benefit) (2)
 
(77
)
 
225

 
518

 
(1,604
)
Net income (loss)
 
$
(116
)
 
$
337

 
$
776

 
$
2,387

Earnings (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
$
(0.01
)
 
$
0.03

 
$
0.08

 
$
0.23

Diluted
 
$
(0.01
)
 
$
0.03

 
$
0.07

 
$
0.20

_______________________________________________________________________________

(1) Reflects impact of acquisition completed May 2016.

(2) Refer to Note 12, Income Taxes, for detailed explanation of the income tax benefit recorded in fourth quarter 2016.