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Income Taxes (Tables)
 12 Months Ended
Sep. 30, 2019
Income Tax Disclosure [Abstract]  
Earnings Before Income Taxes, and Related Provision for Income Taxes
(a) Earnings before income taxes, and the related provision for income taxes for the years ended September 30, 2019, 2018 and 2017 were as follows:
Year Ended September 30,
 
2019
 
  
2018
    
2017
  
Domestic
 
$
23,954
 
   $
27,787
     $
31,885
  
Foreign
 
 
7,603
 
    
2,593
      
4,544
  
                         
Total earnings before income taxes
 
$
31,557
 
   $
30,380
     $
36,429
  
                         
Provision (credit) for income taxes -
 
 
 
    
     
 
Federal -
 
 
 
    
     
 
Current
 
$
5,001
 
   $
6,030
     $
 11,262
  
Temporary differences
 
 
 
    
     
 
Fixed asset basis differences and depreciation
 
 
288
 
    
410
      
(181
 )
Intangible asset basis differences and amortization
 
 
(797
)
    
(4,052
 )    
(1,158
 )
Currently
non-deductible
expenses and reserves
  
 
241
 
    
1,206
      
884
  
Stock-based compensation
 
 
(109
)
    
1,379
      
(635
 )
Net operating loss carryforwards utilized
 
 
69
 
    
61
      
1,831
  
Tax credit carryforwards utilized
 
 
—  
 
    
181
      
67
  
Other, net
 
 
(169
)
    
(148
 )    
99
  
                         
Subtotal
 
 
4,524
 
    
5,067
      
12,169
  
State and local
 
 
834
 
    
1,066
      
1,900
  
Foreign
 
 
1,817
 
    
398
      
803
  
                         
Total income tax provision
 
$
7,175
 
   $
6,531
     $
14,872
  
                         
Reconciliation Between the Statutory U.S. Income Tax Rate and Effective Rate Derived by Dividing the Provision for Income Taxes by Earnings Before Income Taxes
(b) The following is a reconciliation between the statutory U.S. income tax rate and the effective rate derived by dividing the provision for income taxes by earnings before income taxes:
Year Ended September 30,
 
2019
    
2018
    
2017
  
Computed income taxes at statutory rate
 
$
  
6,627
 
  
 
21.0
%
 
  
$
7,443
      
24.5
 %
 
 
$
12,750
      
35.0
 %
Increase (decrease) in taxes resulting from -
 
  
 
 
  
 
 
    
     
     
     
 
State and local income taxes
 
    
577
 
 
 
1.8
 
    
982
      
3.2
      
1,093
      
3.0
  
U.S. tax law change
 
  
 
—  
 
 
 
—  
 
    
(2,655
 )    
(8.7
 )    
—  
      
—  
  
One-time
repatriation tax
 
  
 
—  
 
 
 
—  
 
    
876
      
2.9
      
—  
      
—  
  
Foreign-Derived Intangible Income tax
 
 
 
(294
)
 
 
(0.9
)
 
 
—
 
 
 
 
 
—
 
 
 
 
 
—
 
 
 
 
 
—
 
 
 
Global Intangible Low Taxed Income tax
 
 
 
1,119
 
 
 
3.6
 
 
 
—
 
 
 
 
 
—
 
 
 
 
 
—
 
 
 
 
 
—
 
 
 
Foreign tax credit
 
 
 
(990
)
 
 
(3.1
)
 
 
(15
)
 
 
—
 
 
 
 
 
(57
)
 
 
(0.2
)
Foreign tax rate differences
 
  
 
46
 
 
 
0.1
 
    
(104
 )    
(0.3
 )    
(281
 )    
(0.8
 )
Qualified domestic production incentives
 
  
 
—  
 
 
 
—  
 
    
(550
 )    
(1.8
 )    
(1,012
 )    
(2.8
 )
Uncertain tax position activity
 
  
 
126
 
 
 
0.4
 
    
(62
 )    
(0.2
 )    
134
      
0.4
  
Goodwill impairment charge
 
  
 
—  
 
 
 
—  
 
    
—
      
—  
      
2,320
      
6.4
  
Valuation allowance
 
 
 
106
 
 
 
0.3
 
 
 
(40
)
 
 
(0.1
)
 
 
—
 
 
 
—
 
Stock-based compensation
 
  
 
(33
)
 
 
(0.1
)
    
447
      
1.4
      
—  
      
—  
  
Other, net
 
  
 
(109
)
 
 
(0.4
)
    
209
      
0.6
      
(75
 )    
(0.2
 )
 
 
                                                
$
 
  
7,175
 
  
 
22.7
%
 
$
 
6,531
      
21.5
 %  
$
  
14,872
      
40.8
 %
 
 
                                                
Components of Net Deferred Tax Liabilities
(c)
The components of net deferred tax liabilities were as follows:
As of September 30,
 
2019
 
  
2018
  
Deferred tax assets -
   
 
    
 
Valuation reserves and
non-deductible
expenses
  
$
 
1,253
 
  
$
 
 1,473
  
Stock compensation expense not deductible
 
 
2,158
 
    
2,033
  
Net operating loss and tax credit carryforwards
 
 
494
 
    
433
  
Basis difference in equity-method investee
 
 
302
 
    
302
  
Inventory basis differences
 
 
289
 
    
383
  
Other
 
 
125
 
    
(530
 )
                 
Subtotal
 
 
4,621
 
    
4,094
  
Less valuation allowance
 
 
(408
)
    
(302
 )
                 
Deferred tax assets
 
 
4,213
 
    
3,792
  
                 
Deferred tax liabilities -
 
 
 
    
 
Fixed asset basis differences and depreciation
 
 
(2,205
)
    
(1,913
 )
Intangible asset basis differences and amortization
 
 
(4,374
)
    
(5,518
 )
                 
Deferred tax liabilities
 
 
(6,579
)
    
(7,431
 )
                 
Net deferred tax liabilities
 
$
 
(2,366
)
 
$
 
(3,639
 )
                 
Unrecognized Tax Benefits
A reconciliation of the beginning and ending amounts of unrecognized tax benefits is as follows:
 
2019
 
  
2018
  
Unrecognized income tax benefits
at 
beginning of year
 
$
262
 
  
$
517
  
Additions for tax positions of prior years
 
 
83
 
    
—  
  
Reductions for tax positions of prior years
 
 
(100
)
    
—  
  
Additions for tax positions of current year
 
 
138
 
    
—  
  
Tax examination and other settlements
 
 
—  
 
    
(161
 )
Expiration of statute of limitations
 
 
—  
 
    
(94
 )
                 
Unrecognized income tax benefits at end of year
 
$
383
 
  
$
262