XML 38 R24.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Schedule of Property, Plant and Equipment by Major Asset Class
The Company's property, plant and equipment assets by major asset class at September 30 consist of:

 20212020
Property, plant and equipment:
Land$994 $1,000 
Buildings16,931 15,564 
Machinery and equipment92,871 91,461 
Total property, plant and equipment110,796 108,025 
Less: Accumulated depreciation
68,088 63,824 
Property, plant and equipment, net$42,708 $44,201 
Schedule of Dilutive Effect of Company's Restricted Shares and Performance Shares The dilutive effect is as follows:
 September 30,
 20212020
Net income (loss)$(743)$9,191 
Weighted-average common shares outstanding (basic)5,759 5,661 
Effect of dilutive securities:
Restricted shares— 120 
Performance shares— 10 
Weighted-average common shares outstanding (diluted)5,759 5,791 
Net income (loss) per share – basic:$(0.13)$1.62 
Net income (loss) per share – diluted:$(0.13)$1.59 
Anti-dilutive weighted-average common shares excluded from calculation of diluted earnings per share412 207 
Schedule of Accumulated Other Comprehensive Loss
The components of accumulated other comprehensive loss as shown on the consolidated balance sheets at September 30 are as follows:

20212020
Foreign currency translation adjustment, net of income tax benefit of $0 and $0, respectively
$(5,359)$(5,257)
Net retirement plan liability adjustment, net of income tax benefit of $(3,758) and $(3,758), respectively
(3,720)(8,211)
Total accumulated other comprehensive loss$(9,079)$(13,468)
The following table provides additional details of the amounts recognized into net earnings from accumulated other comprehensive loss, net of tax:
Foreign Currency Translation AdjustmentRetirement Plan Liability AdjustmentAccumulated Other Comprehensive Loss
Balance at September 30, 2019$(5,667)$(7,642)$(13,309)
Other comprehensive income (loss) before reclassifications410 (1,560)(1,150)
Amounts reclassified from accumulated other comprehensive loss— 991 991 
  Net current-period other comprehensive income (loss)410 (569)(159)
Balance at September 30, 2020(5,257)(8,211)(13,468)
Other comprehensive income (loss) before reclassifications(102)3,371 3,269 
Amounts reclassified from accumulated other comprehensive loss— 1,120 1,120 
  Net current-period other comprehensive income (loss)(102)4,491 4,389 
Balance at September 30, 2021$(5,359)$(3,720)$(9,079)
Schedule of Reclassification Out of Accumulated Other Comprehensive Loss
The following table reflects the changes in accumulated other comprehensive loss related to the Company for September 30, 2021 and 2020:

Amount reclassified from accumulated other comprehensive loss
Details about accumulated other comprehensive loss components20212020Affected line item in the Consolidated Statement of Operations
Amortization of Retirement plan liability:
Prior service costs
$— $— (1)
Net actuarial gain (loss)
4,217 (808)(1)
Settlements/curtailments
274 239 (1)
4,491 (569)Total before taxes
— — Income tax expense
$4,491 $(569)Net of taxes
(1) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. See Note 8, Retirement Benefit Plans, of the consolidated financial statements for further information.