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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Operating Activities:      
Net income $ 631 $ 16,660 $ 9,890
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 10,335 10,538 12,032
Stock-based compensation 2,583 3,474 3,839
Bad debt expense 48 258 233
Deferred income taxes (995) 1,473 820
Gain on cash surrender value of life insurance 0 (506) 0
Changes in operating assets and liabilities:      
Accounts receivable, net (7,509) 41,969 (20,193)
Contract assets and liabilities, net (39,951) 12,546 55,333
Inventories (599) 304 (7,989)
Income taxes (473) 720 6,681
Prepaid expenses and other current assets 412 662 (2,626)
Accounts payable 9,760 (15,309) 9,550
Accrued liabilities (3,151) 465 1,419
Other, net (1,552) (860) (230)
Net cash provided by (used in) operating activities (30,461) 72,394 68,759
Investing Activities:      
Purchases of short-term investments (27,735) (18,553) (5,869)
Maturities of short-term investments 27,688 6,146 13,088
Purchases of property, plant and equipment, net (2,891) (5,130) (4,255)
Proceeds from life insurance policy 474 0 0
Net cash provided by (used in) investing activities (2,464) (17,537) 2,964
Financing Activities:      
Payments on industrial development revenue bonds (400) (400) (400)
Shares withheld in lieu of employee tax withholding (632) (629) (1,454)
Dividends paid (12,142) (12,066) (11,998)
Net cash used in financing activities (13,174) (13,095) (13,852)
Net increase (decrease) in cash, cash equivalents and restricted cash (46,099) 41,762 57,871
Effect of exchange rate changes on cash, cash equivalents and restricted cash 197 (185) (957)
Cash, cash equivalents and restricted cash at beginning of period 160,216 118,639 61,725
Cash, cash equivalents and restricted cash at end of period $ 114,314 $ 160,216 $ 118,639