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Business Acquisition
 3 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Business Acquisition
Business Acquisition
On July 1, 2015, the Company completed the acquisition of all of the outstanding equity of C*Blade S.p.A. Forging & Manufacturing, from Riello Investimenti Partners SGR S.p.A., Giorgio Visentini, Giorgio Frassini, Giancarlo Sclabi and Matteo Talmassons. The forging business is operated at two facilities, located in Maniago, Italy. The purchase price for the forging business and the assumption of debt was approximately $16,719, after a $275 purchase price adjustment received in the first quarter of fiscal 2016 related to certain adjustments principally related to the final working capital level and indebtedness adjustment.
The Company has substantially completed the purchase accounting related to the C*Blade acquisition.
Changes in the net carrying amount of goodwill was as follows:
Balance at September 30, 2015
$
16,480

Goodwill purchase price adjustment
(648
)
Currency translation
$
(248
)
Balance at December 31, 2015
$
15,584


The results of operation of C*Blade are included in the Company’s unaudited consolidated condensed statements of operations for the three months ended December 31, 2015. The following unaudited pro forma information presents a summary of the results of operations for the Company including C*Blade as if the acquisition had occurred on October 1, 2014: 
 
Three Months Ended December 31, 2014 (unaudited)
Net sales
$
25,920

Net loss
$
(691
)
Net loss per share (basic)
$
(0.13
)
Net loss per share (diluted)
$
(0.13
)