XML 31 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Quarterly Financial Data (Unaudited)
12 Months Ended
Sep. 30, 2018
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)
 
 
 
2018 Quarters
 
 
 
First
 
Second
 
Third
 
Fourth
Revenue
 
 
$
30,215

 
$
34,401

 
$
36,131

 
$
32,489

Gross margin
 
 
6,532

 
7,448

 
8,338

 
7,885

Income from operations
 
 
1,146

 
2,204

 
2,614

 
2,819

Interest expense, net
 
 
(278
)
 
(261
)
 
(262
)
 
(315
)
Income before income taxes
 
 
868

 
$
1,943

 
2,352

 
2,504

Income tax expense
(1)
 
3,719

 
$
627

 
738

 
747

Net income (loss)
 
 
$
(2,851
)
 
$
1,316

 
$
1,614

 
$
1,757

Earnings (loss) per share:
 
 
 
 
 
 
 
 
 
Basic
 
 
$
(0.24
)
 
$
0.11

 
$
0.14

 
$
0.15

Diluted
 
 
$
(0.24
)
 
$
0.10

 
$
0.13

 
$
0.14

 
 
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

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

 
1,584

 
1,484

 
1,809

Income tax expense
 
201

 
605

 
539

 
769

Net income
 
$
324

 
$
979

 
$
945

 
$
1,040

Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.03

 
$
0.09

 
$
0.08

 
$
0.09

Diluted
 
$
0.03

 
$
0.08

 
$
0.08

 
$
0.08

_______________________________________________________________________________

(1) Refer to Note 12, Income Taxes, for a detailed explanation of the $3.4 million income tax discrete charge in fiscal year 2018, related to the 2017 Tax Cut and Jobs Act.