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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Sep. 30, 2016
Current assets:    
Cash and cash equivalents $ 1,019 $ 471
Receivables, net of allowance for doubtful accounts of $591 and $706, respectively 26,415 25,158
Inventories, net 27,247 28,496
Refundable income taxes 1,773 1,773
Prepaid expenses and other current assets 2,774 2,177
Total current assets 59,228 58,075
Property, plant and equipment, net 47,147 48,958
Intangible assets, net 10,322 11,138
Goodwill 11,221 11,748
Other assets 222 538
Total assets 128,140 130,457
Current liabilities:    
Current maturities of long-term debt 8,255 18,258
Revolving credit agreement 25,337 12,751
Accounts payable 13,206 14,520
Accrued liabilities 5,715 5,234
Total current liabilities 52,513 50,763
Long-term debt, net of current maturities 7,075 7,623
Deferred income taxes 2,944 2,929
Pension liability 8,101 8,341
Other long-term liabilities 396 431
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 – 5,529 at December 31, 2016 and 5,525 at September 30, 2016 5,529 5,525
Additional paid-in capital 9,353 9,219
Retained earnings 55,877 58,476
Accumulated other comprehensive loss (13,648) (12,850)
Total shareholders’ equity 57,111 60,370
Total liabilities and shareholders’ equity $ 128,140 $ 130,457