ADJUSTED QUARTERLY FINANCIAL INFORMATION (Tables)

9 Months Ended

Jun. 30, 2021

ADJUSTED QUARTERLY FINANCIAL INFORMATION

Schedule of Adjusted Quarterly Financial Information

	First Quarter		First Quarter	Second Quarter	Second Quarter
(Dollars in thousands, except per share amounts)	(As Reported)		(As Adjusted)	(As Reported)	(As Adjusted)
2021
Net sales	$	162,949	162,674	166,644	165,894
Cost of sales		98,777	99,622	103,113	103,553
Earnings before income taxes		17,660	16,540	21,339	20,149
Income tax expense		3,974	3,722	5,025	4,745
Net earnings		13,686	12,818	16,314	15,404
Diluted earnings (loss) per share:
Net earnings	$	0.52	0.49	0.62	0.59

	First Quarter		First Quarter	Second Quarter	Second Quarter
	(As Reported)		(As Adjusted)	(As Reported)	(As Adjusted)
Contract assets	$	93,762	91,043	95,002	91,533
Inventories		144,054	142,316	145,342	143,164
Retained earnings	$	790,000	786,563	804,231	799,884

	Fourth Quarter		Fourth Quarter
(Dollars in thousands, except per share amounts)	(As Reported		(As Adjusted)
2020
Net sales	$	208,030	205,586
Cost of sales		129,763	130,656
Loss before income taxes		(16,461)	(19,798)
Income tax expense		5,347	4,579
Net loss		(21,808)	(24,377)
Diluted earnings (loss) per share:
Net loss	$	(0.83)	(0.93)

	Fourth Quarter		Fourth Quarter
(Dollars in thousands, except per share amounts)	(As Reported		(As Adjusted)
September 30, 2020
Contract assets	$	96,746	94,302
Inventories		136,189	135,296
Total current assets		446,630	443,293
Total assets		1,373,523	1,370,186
Total shareholders’ equity		961,595	959,026
Total liabilities and shareholders’ equity		1,373,523	1,370,186