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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2009
Operating Activities:      
Net income (loss) $ (2,715) $ 25,167 $ 39,925
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation 10,598 9,154 7,493
Amortization 4,848 4,549 3,469
Impairments 7,158 7,452  
Stock-based compensation 99 1,929 2,256
Bad debt expense (114) 410 959
Deferred income taxes (425) (348) (1,447)
Gain on sale of investment (1,229)    
Changes in operating assets and liabilities:      
Accounts receivable, net (17,616) 39,687 15,392
Costs and estimated earnings in excess of billings on uncompleted contracts (13,519) 8,243 35,701
Inventories 1,542 12,320 25,884
Prepaid expenses and other current assets 4,514 (5,813) (3,432)
Other assets (2,627) 440 (194)
Accounts payable and income taxes payable 14,487 (20,281) (4,891)
Accrued liabilities (4,255) (5,392) (40)
Billings in excess of costs and estimated earnings on uncompleted contracts 13,553 (13,762) 5,789
Other 1,188 378 120
Net cash provided by operating activities 15,487 64,133 126,984
Investing Activities:      
Proceeds from sale of fixed assets 354 14 30
Purchases of property, plant and equipment (7,347) (4,420) (8,081)
Proceeds from sale of investment 1,229    
Increase in cash held in escrow (1,000)    
Purchase of noncontrolling interest - Powell Asia   (659)  
Acquisition of Powell Canada   (23,394)  
Net cash used in investing activities (6,764) (28,459) (8,051)
Financing Activities:      
Borrowings on US revolving line of credit     50,953
Payments on US revolving line of credit     (69,953)
Payments on UK revolving line of credit     (2,388)
Payments on UK term loan     (4,223)
Borrowings on Canadian revolving line of credit 7,810 891  
Payments on Canadian revolving line of credit (7,818) (13,984)  
Payments on Canadian term loan   (2,429)  
Payments on industrial development revenue bonds (400) (400) (400)
Payments on deferred acquisition payable   (4,292) (5,220)
Payments on short-term and other financing (1,068) (1,087) (13)
Proceeds from exercise of stock options 495 1,700 515
Tax benefit from exercise of stock options 180 209 291
Net cash used in financing activities (801) (19,392) (30,438)
Net increase in cash and cash equivalents 7,922 16,282 88,495
Effect of exchange rate changes on cash and cash equivalents 191 1,668 (1,226)
Cash and cash equivalents at beginning of year 115,353 97,403 10,134
Cash and cash equivalents at end of year $ 123,466 $ 115,353 $ 97,403