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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities:    
Net income (loss) $ (2,629) $ 13,677
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 7,899 7,878
Stock-based compensation 2,135 2,391
Bad debt expense, net 194 187
Deferred income taxes (586) 1,640
Changes in operating assets and liabilities:    
Accounts receivable, net (1,195) 14,268
Contract assets and liabilities, net (35,673) 30,150
Inventories 991 (2,534)
Income taxes (1,502) (628)
Prepaid expenses and other current assets 1,490 1,071
Accounts payable (2,202) (11,264)
Accrued liabilities (7,129) (2,305)
Other, net (1,486) (1,131)
Net cash provided by (used in) operating activities (39,693) 53,400
Investing Activities:    
Purchases of short-term investments (19,868) (7,330)
Maturities of short-term investments 19,821 6,146
Purchases of property, plant and equipment, net (2,440) (4,274)
Proceeds from life insurance policies 474 0
Net cash used in investing activities (2,013) (5,458)
Financing Activities:    
Payments on industrial development revenue bonds (400) (400)
Shares withheld in lieu of employee tax withholding (632) (617)
Dividends paid (9,102) (9,047)
Net cash used in financing activities (10,134) (10,064)
Net increase (decrease) in cash and cash equivalents (51,840) 37,878
Effect of exchange rate changes on cash and cash equivalents 299 (491)
Cash and cash equivalents at beginning of period 160,216 118,639
Cash and cash equivalents at end of period $ 108,675 $ 156,026