Income Taxes (Tables)

12 Months Ended

Sep. 30, 2014

Components of income Before Income tax provision

The components of income from continuing operations before income tax provision are as follows:



	Years Ended September 30,
	2014		2013		2012
U.S	$	7,984	$	13,671	$	8,855
Non-U.S	372		175		313
Income before income tax provision	$	8,356	$	13,846	$	9,168

Components of income tax provision

Income taxes from continuing operations before income tax provision consist of the following:



	Years Ended September 30,
	2014			2013			2012
Current income tax provision:
U.S. federal	$	2,847		$	4,055		$	2,617
U.S. state and local	101			489			514
Non-U.S	77			111			70
Total current tax provision	3,025			4,655			3,201
Deferred income tax provision (benefit):
U.S. federal	(329		)	(540		)	(324		)
U.S. state and local	57			(27		)	(16		)
Total deferred tax provision (benefit)	(272		)	(567		)	(340		)
Income tax provision	$	2,753		$	4,088		$	2,861

Income Tax Provision Accompanying Consolidated Statements Of Operation

The income tax provision from continuing operations in the accompanying consolidated statements of operations differs from amounts determined by using the statutory rate as follows:



	Years Ended September 30,
	2014			2013			2012
Income before income tax provision	$	8,356		$	13,846		$	9,168
Less-U.S. state and local income tax provision	101			489			514
Income before U.S. and non-U.S. federal income tax provision	$	8,255		$	13,357		$	8,654
Income tax provision at U.S. federal statutory rates	$	2,889		$	4,675		$	2,942
Tax effect of:
Permanent items	(94		)	(255		)	(213		)
Undistributed earnings of non-U.S. subsidiaries	(13		)	(60		)	(185		)
Prior year tax adjustments	41			(181		)	—
State and local income taxes	161			453			498
Federal tax credits	(178		)	(766		)	(272		)
Change in valuation allowance	105			139			127
Changes in uncertain tax positions	(108		)	57			—
Other	(50		)	26			(36		)
Income tax provision	$	2,753		$	4,088		$	2,861

Summary of deferred tax assets and liabilities

Deferred tax assets and liabilities at September 30 consist of the following:



	2014			2013
Deferred tax assets:
Net non-U.S. operating loss carryforwards	$	592		$	592
Employee benefits	2,581			1,884
Inventory reserves	495			521
Asset impairment reserve	—			27
Allowance for doubtful accounts	84			143
Foreign tax credits to undistributed earnings	1,940			1,932
Foreign tax credits	492			464
Other	87			105
Total deferred tax assets	6,271			5,668
Deferred tax liabilities:
Depreciation	(1,854		)	(2,524		)
Unremitted foreign earnings	(2,997		)	(3,002		)
Prepaid expenses	(580		)	(170		)
Total deferred tax liabilities	(5,431		)	(5,696		)
Net deferred tax assets (liabilities)	840			(28		)
Valuation allowance	(823		)	(718		)
Net deferred tax assets (liabilities)	$	17		$	(746	)

Summary of activity related to uncertain tax positions

A summary of activity related to the Company’s uncertain tax position is as follows:



	2014			2013
Balance at beginning of year	$	164		$	110
Increase due to tax positions taken in current year	—			54
Decrease due to tax positions taken in prior years	(108		)	—
Balance at end of year	$	56		$	164