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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Sep. 30, 2018
Current assets:    
Cash and cash equivalents $ 1,903  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1,903 $ 1,252
Receivables, net of allowance for doubtful accounts of $537 and $520, respectively 22,555 28,001
Contract asset 8,761 0
Other receivables 366 0
Inventories, net 10,342 18,269
Refundable income taxes 425 126
Prepaid expenses and other current assets 1,499 1,900
Assets held for sale 0 35
Total current assets 45,851 49,583
Property, plant and equipment, net 35,338 35,390
Intangible assets, net 4,181 5,076
Goodwill 11,733 12,020
Other assets 342 168
Total assets 97,445 102,237
Current liabilities:    
Current maturities of long-term debt 5,921 5,944
Revolver 18,630 21,253
Accounts payable 13,119 15,513
Accrued liabilities 5,485 5,107
Total current liabilities 43,155 47,817
Long-term debt, net of current maturities 1,679 2,332
Deferred income taxes 2,193 2,413
Pension liability 5,112 5,339
Other long-term liabilities 67 147
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 –5,773 at March 31, 2019 and 5,690 at September 30, 2018 5,773 5,690
Additional paid-in capital 10,353 10,031
Retained earnings 38,114 37,097
Accumulated other comprehensive loss (9,001) (8,629)
Total shareholders’ equity 45,239 44,189
Total liabilities and shareholders’ equity $ 97,445 $ 102,237