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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Sep. 30, 2014
Current Assets:    
Cash and cash equivalents $ 43,569 $ 103,118
Accounts receivable, less allowance for doubtful accounts of $746 and $1,577 101,784 107,162
Costs and estimated earnings in excess of billings on uncompleted contracts 104,793 95,970
Inventories 32,891 32,815
Income taxes receivable 1,232 2,804
Deferred income taxes 3,910 5,297
Prepaid expenses 5,004 5,870
Other current assets 3,916 4,291
Total Current Assets 297,099 357,327
Property, plant and equipment, net 154,594 156,896
Goodwill and intangible assets, net 2,393 2,907
Deferred income taxes 2,288 11,422
Other assets 10,117 8,224
Long-term receivable (Note E) 2,333 4,667
Total Assets 468,824 541,443
Current Liabilities:    
Current maturities of long-term debt and capital lease obligations 400 400
Income taxes payable 784 705
Accounts payable 48,008 70,209
Accrued salaries, bonuses and commissions 19,223 25,206
Billings in excess of costs and estimated earnings on uncompleted contracts 42,057 48,702
Accrued product warranty 4,930 4,557
Other accrued expenses 7,521 6,291
Deferred credit ─ short term (Note E) 2,029 2,029
Total Current Liabilities 124,952 158,099
Long-term debt and capital lease obligations, net of current maturities 2,400 2,800
Deferred compensation 4,950 4,226
Other long-term liabilities 723 655
Deferred credit ─ long term (Note E) 2,537 4,566
Total Liabilities $ 135,562 $ 170,346
Commitments and Contingencies (Note G)
Stockholders' Equity:    
Preferred stock, par value $.01; 5,000,000 shares authorized; none issued
Common stock, par value $.01; 30,000,000 shares authorized; 12,100,459 and 12,031,243 shares issued and outstanding, respectively $ 121 $ 120
Additional paid-in capital 48,507 46,267
Retained earnings 328,294 331,213
Treasury stock, 670,181 shares at cost (21,259)  
Accumulated other comprehensive loss (22,401) (6,503)
Total Stockholders' Equity 333,262 371,097
Total Liabilities and Stockholders' Equity $ 468,824 $ 541,443