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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Sep. 30, 2017
Current assets:    
Cash and cash equivalents $ 1,675 $ 1,399
Receivables, net of allowance for doubtful accounts of $473 and $330, respectively 25,114 25,894
Inventories, net 21,032 20,381
Refundable income taxes 99 292
Prepaid expenses and other current assets 1,942 1,644
Assets held for sale 670 2,524
Total current assets 50,532 52,134
Property, plant and equipment, net 36,285 39,508
Intangible assets, net 5,512 6,814
Goodwill 12,079 12,170
Other assets 170 261
Total assets 104,578 110,887
Current liabilities:    
Current maturities of long-term debt 6,071 7,560
Revolver 19,492 18,557
Accounts payable 14,390 12,817
Accrued liabilities 5,854 6,791
Total current liabilities 45,807 45,725
Long-term debt, net of current maturities 4,267 5,151
Deferred income taxes 2,246 3,266
Pension liability 5,802 6,184
Other long-term liabilities 94 430
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 –5,691 at June 30, 2018 and 5,596 at September 30, 2017 5,691 5,596
Additional paid-in capital 9,850 9,519
Retained earnings 39,786 44,267
Accumulated other comprehensive loss (8,965) (9,251)
Total shareholders’ equity 46,362 50,131
Total liabilities and shareholders’ equity $ 104,578 $ 110,887