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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Sep. 30, 2015
Current assets:    
Cash and cash equivalents $ 819 $ 667
Receivables, net of allowance for doubtful accounts of $758 and $1,127, respectively 29,333 36,024
Inventories, net 29,325 27,943
Refundable income taxes 2,607 2,516
Deferred income taxes 2,753 2,785
Prepaid expenses and other current assets 1,870 1,600
Total current assets 66,707 71,535
Property, plant and equipment, net 50,318 54,865
Intangible assets, net 11,716 13,265
Goodwill 15,792 16,480
Other assets 451 544
Total assets 144,984 156,689
Current liabilities:    
Current maturities of long-term debt 9,507 10,503
Accounts payable 16,348 14,201
Accrued liabilities 7,832 8,446
Total current liabilities 33,687 33,150
Long-term debt, net of current maturities 29,905 38,426
Deferred income taxes 5,603 4,849
Pension liability 6,379 6,743
Other long-term liabilities 481 452
Shareholders’ equity:    
Serial preferred shares, no par value, authorized 1,000 shares 0 0
Common shares, par value $1 per share, authorized 10,000 shares; issued and outstanding shares – 5,525 at June 30, 2016 and 5,468 at September 30, 2015 5,525 5,468
Additional paid-in capital 9,315 9,778
Retained earnings 65,865 69,811
Accumulated other comprehensive loss (11,776) (11,988)
Total shareholders’ equity 68,929 73,069
Total liabilities and shareholders’ equity $ 144,984 $ 156,689