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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Sep. 30, 2016
Current assets:    
Cash and cash equivalents $ 1,356 $ 471
Receivables, net of allowance for doubtful accounts of $423 and $706, respectively 26,190 25,158
Inventories, net 25,449 28,496
Refundable income taxes 1,825 1,773
Prepaid expenses and other current assets 2,207 2,177
Total current assets 57,027 58,075
Property, plant and equipment, net 45,878 48,958
Intangible assets, net 9,801 11,138
Goodwill 11,349 11,748
Other assets 281 538
Total assets 124,336 130,457
Current liabilities:    
Current maturities of long-term debt 7,393 18,258
Revolving credit agreement 21,573 12,751
Accounts payable 15,418 14,520
Accrued liabilities 5,877 5,234
Total current liabilities 50,261 50,763
Long-term debt, net of current maturities 6,660 7,623
Deferred income taxes 2,836 2,929
Pension liability 8,010 8,341
Other long-term liabilities 465 431
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 – 5,599 at March 31, 2017 and 5,525 at September 30, 2016 5,599 5,525
Additional paid-in capital 9,470 9,219
Retained earnings 54,211 58,476
Accumulated other comprehensive loss (13,176) (12,850)
Total shareholders’ equity 56,104 60,370
Total liabilities and shareholders’ equity $ 124,336 $ 130,457