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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Sep. 30, 2022
Current assets:    
Cash and cash equivalents $ 316 $ 1,174
Receivables, net of allowance for doubtful accounts of $113 and $111, respectively 17,395 16,515
Contract assets 10,636 10,172
Inventories, net 11,276 8,969
Refundable income taxes 97 97
Prepaid expenses and other current assets 1,689 1,851
Total current assets 41,409 38,778
Property, plant and equipment, net 38,543 39,272
Operating lease right-of-use assets, net 14,793 15,167
Intangible assets, net 395 477
Goodwill 3,493 3,493
Other assets 80 79
Total assets 98,713 97,266
Current liabilities:    
Current maturities of long-term debt 4,336 4,379
Revolver 13,003 11,163
Short-term operating lease liabilities 833 792
Accounts payable 14,869 10,387
Accrued liabilities 5,937 5,868
Total current liabilities 38,978 32,589
Long-term debt, net of current maturities, net of unamortized debt issuance costs 3,309 3,508
Long-term operating lease liabilities, net of short-term 14,416 14,786
Deferred income taxes, net 72 137
Pension liability 4,815 4,812
Other long-term liabilities 684 744
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 6,108 at March 31, 2023 and 6,040 at September 30, 2022 6,108 6,040
Additional paid-in capital 11,455 11,387
Retained earnings 27,000 31,956
Accumulated other comprehensive loss (8,124) (8,693)
Total shareholders’ equity 36,439 40,690
Total liabilities and shareholders’ equity $ 98,713 $ 97,266