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Income Taxes (Tables)
6 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate

 

The calculation of the effective tax rate is as follows (in thousands):

 

Three months ended March 31,

 

 

Six months ended March 31,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Income before income taxes

$

6,294

 

 

$

2,696

 

 

$

4,788

 

 

$

1,466

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax provision (benefit)

 

727

 

 

 

6,379

 

 

 

(320

)

 

 

5,388

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

5,567

 

 

$

(3,683

)

 

$

5,108

 

 

$

(3,922

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effective tax rate

 

12

%

 

 

237

%

 

 

(7)

%

 

 

368

%

 

 

Six months ended March 31,

 

 

2016

 

 

2015

 

Statutory rate

 

35

%

 

 

35

%

Foreign valuation allowance

 

(11

)

 

 

661

 

Research and development credit

 

(24

)

 

 

(327

)

State income taxes, net of federal benefit

 

2

 

 

 

2

 

Rate differential and other

 

(9

)

 

 

(3

)

Effective tax rate

 

(7

)%

 

 

368

%