Summary of Significant Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2013

Schedule of property, plant and equipment by class

The Company's property, plant and equipment assets by major asset class at September 30 consist of:



	2013		2012
Property, plant and equipment :
Land	$	469	$	469
Buildings	10,910		9,986
Machinery and equipment	50,581		46,759
Total property, plant and equipment	61,960		57,214
Accumulated depreciation	32,328		28,719
Property, plant and equipment,	$	29,632	$	28,495

Dilutive effect of the Company's stock options

The dilutive effect of the Company’s stock options, restricted shares and performance shares were as follows:



	September 30,
	2013		2012
Income from continuing operations	$	9,758	$	6,307
Income (loss) from discontinued operations, net of tax	476		241
Net income	$	10,234	$	6,548

Weighted-average common shares outstanding (basic)	5,363		5,317
Effect of dilutive securities:
Stock options	1		15
Restricted shares	12		6
Performance shares	25		42
Weighted-average common shares outstanding (diluted)	5,401		5,380
Net income per share – basic
Continuing operations	$	1.82	$	1.19
Discontinued operations	0.09		0.04
Net income	$	1.91	$	1.23
Net income per share – diluted:
Continuing operations	$	1.81	$	1.18
Discontinued operations	0.09		0.04
Net income	$	1.90	$	1.22
Anti-dilutive weighted-average common shares excluded from calculation of diluted earnings per share	47		144

Components of accumulated other comprehensive loss

The components of accumulated other comprehensive loss as shown on the consolidated balance sheets at September 30 are as follows:



	2013			2012
Foreign currency translation adjustment, net of income tax benefit of $0 and $200, respectively	$	(5,851	)	$	(5,566	)
Net retirement plan liability adjustment, net of income tax benefit of $2,409 and $4,090, respectively	(3,866		)	(6,720		)
Interest rate swap agreement, net of income tax benefit of $16 and $35, respectively	(26		)	(58		)
Total accumulated other comprehensive loss	$	(9,743	)	$	(12,344	)

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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