Summary of Significant Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2015

Accounting Policies [Abstract]

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:

	2015		2014
Property, plant and equipment :
Land	$	975	$	469
Buildings	15,446		11,546
Machinery and equipment	80,687		61,587
Total property, plant and equipment	97,108		73,602
Accumulated depreciation	42,243		36,454
Property, plant and equipment, net	$	54,865	$	37,148

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,
	2015			2014			2013
Income (loss) from continuing operations	$	(3,581	)	$	5,603		$	9,758
Income (loss) from discontinued operations, net of tax	709			(580		)	476
Net income (loss)	$	(2,872	)	$	5,023		$	10,234
Weighted-average common shares outstanding (basic)	5,438			5,402			5,363
Effect of dilutive securities:
Stock options	—			—			1
Restricted shares	—			18			12
Performance shares	—			4			25
Weighted-average common shares outstanding (diluted)	5,438			5,424			5,401
Net income (loss) per share – basic
Continuing operations	$	(0.66	)	$	1.04		$	1.82
Discontinued operations	0.13			(0.11		)	0.09
Net income (loss)	$	(0.53	)	$	0.93		$	1.91
Net income (loss) per share – diluted:
Continuing operations	$	(0.66	)	$	1.03		$	1.81
Discontinued operations	0.13			(0.11		)	0.09
Net income (loss)	$	(0.53	)	$	0.92		$	1.90
Anti-dilutive weighted-average common shares excluded from calculation of diluted earnings per share	27			18			47

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:

	2015			2014			2013
Foreign currency translation adjustment, net of income tax benefit of $0, $0 and $0, respectively	$	(5,731	)	$	(5,851	)	$	(5,851	)
Net retirement plan liability adjustment, net of income tax benefit of ($3,758), ($2,909) and ($2,409), respectively	(6,257		)	(4,757		)	(3,866		)
Interest rate swap agreement, net of income tax benefit of $0, $1 and $16, respectively	—			(5		)	(26		)
Total accumulated other comprehensive loss	$	(11,988	)	$	(10,613	)	$	(9,743	)

The following table provides additional details of the amounts recognized into net earnings from accumulated other comprehensive loss, net of tax:

	Foreign Currency Translation Adjustment			Retirement Plan Liability adjustment			Interest rates swap adjustment			Accumulated Other Comprehensive Loss
Balance at September 30, 2013	$	(5,851	)	$	(3,866	)	$	(26	)	$	(9,743	)
Other comprehensive income (loss) before reclassifications				(1,179		)	21			(1,158		)
Amounts reclassified from accumulated other comprehensive income	—			288			—			288
Net current-period other comprehensive income	$	—		$	(891	)	$	21		$	(870	)
Balance at September 30, 2014	$	(5,851	)	$	(4,757	)	$	(5	)	$	(10,613	)
Other comprehensive income (loss) before reclassifications	120			(1,846		)	5			(1,721		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			346			—			346
Net current-period other comprehensive income	120			(1,500		)	5			(1,375		)
Balance at September 30, 2015	$	(5,731	)	$	(6,257	)	$	—		$	(11,988	)

Reclassification out of accumulated other comprehensive loss

The following table reflects the changes in accumulated other comprehensive loss related to the Company for September 30, 2015 and 2014:

	Amount reclassified from accumulated other comprehensive loss
Details about accumulated other comprehensive loss components	2015			2014			Affected line item in the Consolidated Statement of Operations
Amortization of Retirement plan liability:
Prior service costs	$	—		$	—		(1)
Net actuarial loss	545			450			(1)
Settlements/curtailments	—			—			(1)
	545			450			Total before taxes
	(199		)	(162		)	Income tax benefit (expense)
	$	346		$	288		Net of taxes

(1) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost. See Note 7 - Retirement benefit plans for further information.