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Detail of Selected Balance Sheet Accounts (Tables)
9 Months Ended
Jun. 30, 2014
Activity in Allowance for Doubtful Accounts

Activity in our allowance for doubtful accounts receivable consisted of the following (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

June 30,

 

 

June 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Balance at beginning of period

$

501

 

 

$

818

 

 

$

572

 

 

$

1,297

 

Bad debt expense/(recovery)

 

676

 

 

 

20

 

 

 

616

 

 

 

(310

)

Uncollectible accounts written off, net of recoveries

 

(38

)

 

 

(19

)

 

 

(46

)

 

 

(156

)

Change in foreign currency translation

 

5

 

 

 

(2

)

 

 

2

 

 

 

(14

)

Balance at end of period

$

1,144

 

 

$

817

 

 

$

1,144

 

 

$

817

 

 

Components of Inventories

The components of inventories are summarized below (in thousands):

 

 

June 30,

 

 

September 30,

 

 

2014

 

 

2013

 

Raw materials, parts and subassemblies

$

31,484

 

 

$

30,077

 

Work-in-progress

 

1,551

 

 

 

3,818

 

Provision for excess and obsolete inventory

 

(4,326

)

 

 

(4,932

)

Total inventories

$

28,709

 

 

$

28,963

 

 

Cost and Estimated Earnings on Uncompleted Contracts

The components of costs and estimated earnings and related amounts billed on uncompleted contracts are summarized below (in thousands):

 

 

June 30,

 

 

September 30,

 

 

2014

 

 

2013

 

Costs incurred on uncompleted contracts

$

709,561

 

 

$

618,570

 

Estimated earnings

 

182,506

 

 

 

159,962

 

 

 

892,067

 

 

 

778,532

 

Less: Billings to date

 

(842,322

)

 

 

(747,446

)

Net underbilled position

$

49,745

 

 

$

31,086

 

 

 

 

 

 

 

 

 

Included in the accompanying balance sheets under the following captions:

 

 

 

 

 

 

 

Costs and estimated earnings in excess of billings on uncompleted

   contracts – underbilled

$

83,999

 

 

$

79,420

 

Billings in excess of costs and estimated earnings on uncompleted

   contracts – overbilled

 

(34,254

)

 

 

(48,334

)

Net underbilled position

$

49,745

 

 

$

31,086

 

 

Activity in Product Warranty Accrual

Activity in our product warranty accrual consisted of the following (in thousands):

 

Three Months Ended

 

 

Nine Months Ended

 

 

June 30,

 

 

June 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Balance at beginning of period

$

4,833

 

 

$

5,109

 

 

$

5,282

 

 

$

5,548

 

Increase to warranty expense

 

884

 

 

 

430

 

 

 

2,390

 

 

 

2,048

 

Deduction for warranty charges

 

(1,023

)

 

 

(874

)

 

 

(2,949

)

 

 

(2,849

)

Increase (decrease) due to foreign currency translations

 

61

 

 

 

(10

)

 

 

32

 

 

 

(92

)

Balance at end of period

$

4,755

 

 

$

4,655

 

 

$

4,755

 

 

$

4,655