XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net (loss) income $ (52) $ 1,502
Adjustments to reconcile net (loss) income to net cash (used for) provided by operating activities:    
Depreciation and amortization 3,210 3,730
Amortization of debt issuance costs 20 52
Gain on disposal of operating assets (2) 0
Gain on insurance proceeds received for damaged property 0 (2,495)
LIFO effect 383 335
Share transactions under company stock plan 199 277
Gain on extinguishment of debt (5,106) 0
Other long-term liabilities (107) (2)
Deferred income taxes (15) (830)
Changes in operating assets and liabilities:    
Receivables 1,441 4,149
Contract assets (239) (1,569)
Inventories (2,598) (301)
Prepaid expenses and other current assets 490 40
Other assets 4 47
Accounts payable 387 2,749
Other accrued liabilities (1,191) (2,077)
Accrued income and other taxes (20) 182
Net cash (used for) provided by operating activities (3,196) 5,789
Cash flows from investing activities:    
Insurance proceeds received for damaged property 0 4,101
Proceeds from disposal of operating assets 2 0
Capital expenditures (1,493) (5,416)
Net cash used for investing activities (1,491) (1,315)
Cash flows from financing activities:    
Proceeds from long-term debt 1,402 0
Payments on long-term debt (696) (264)
Proceeds from revolving credit agreement 41,912 44,666
Repayments of revolving credit agreement (38,004) (49,794)
Payment of debt issuance costs 0 (45)
Short-term debt borrowings 1,623 2,471
Short-term debt repayments (1,755) (1,631)
Net cash (used for) provided by financing activities 4,482 (4,597)
Decrease in cash and cash equivalents (205) (123)
Cash and cash equivalents at the beginning of the period 346 427
Effect of exchange rate changes on cash and cash equivalents (17) 7
Cash and cash equivalents at the end of the period 124 311
Supplemental disclosure of cash flow information of operations:    
Cash paid for interest (249) (203)
Cash paid for income taxes, net $ (15) $ (22)