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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Sep. 30, 2016
Current Assets:    
Cash and cash equivalents $ 93,468 $ 97,720
Short-term investments 14,874 0
Accounts receivable, less allowance for doubtful accounts of $310 and $811 66,753 101,048
Costs and estimated earnings in excess of billings on uncompleted contracts 56,618 66,106
Inventories 20,362 26,521
Income taxes receivable 4,196 1,713
Deferred income taxes 4,173 4,006
Prepaid expenses 2,723 4,569
Other current assets 2,834 2,457
Total Current Assets 266,001 304,140
Property, plant and equipment, net 139,417 144,977
Goodwill and intangible assets, net 1,887 2,059
Other assets 12,654 11,340
Total Assets 419,959 462,516
Current Liabilities:    
Current maturities of long-term debt 400 400
Income taxes payable 922 1,459
Accounts payable 27,672 34,985
Accrued salaries, bonuses and commissions 12,783 22,550
Billings in excess of costs and estimated earnings on uncompleted contracts 32,539 43,974
Accrued product warranty 3,649 4,639
Other accrued expenses 4,425 8,212
Deferred credit ─ short term (Note D) 1,522 2,029
Total Current Liabilities 83,912 118,248
Long-term debt, net of current maturities 1,600 2,000
Deferred compensation 4,923 4,840
Deferred income taxes 62 138
Other long-term liabilities 1,510 1,466
Deferred credit ─ long term (Note D) 0 507
Total Liabilities 92,007 127,199
Commitments and Contingencies (Note F)
Stockholders' Equity:    
Preferred stock, par value $.01; 5,000,000 shares authorized; none issued 0 0
Common stock, par value $.01; 30,000,000 shares authorized; 12,234,656 and 12,199,511 shares issued, respectively 122 122
Additional paid-in capital 53,425 52,003
Retained earnings 324,897 331,959
Treasury stock, 806,018 shares at cost (24,999) (24,999)
Accumulated other comprehensive loss (25,493) (23,768)
Total Stockholders' Equity 327,952 335,317
Total Liabilities and Stockholders' Equity $ 419,959 $ 462,516