ACCUMULATED OTHER COMPREHENSIVE INCOME

12 Months Ended

Sep. 30, 2022

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME

ACCUMULATED OTHER COMPREHENSIVE INCOME

Components of accumulated other comprehensive income, net of taxes, are as follows:

	Year ended September 30,
	2022		2021
Foreign currency translation:
Beginning accumulated foreign currency translation	$	262,000	$	545,000
Change in cumulative translation adjustment before reclassifications	(40,000)		(283,000)
Income taxes	—		—
Net current period other comprehensive loss	(40,000)		(283,000)
Ending accumulated foreign currency translation	222,000		262,000
Retirement plans:
Beginning accumulated retirement plans benefit cost	(230,000)		(1,980,000)
Amortization of net actuarial loss	—		101,000
Net actuarial gain arising during the period	1,302,000		1,108,000
Gain on termination of post-retirement medical plan	—		541,000
Income taxes	—		—
Net current period other comprehensive income	1,302,000		1,750,000
Ending accumulated retirement plans benefit income (cost)	1,072,000		(230,000)
Accumulated other comprehensive income, net of taxes	$	1,294,000	$	32,000

The amortization of net actuarial loss for the retirement plans are included in the computation of net periodic benefit (income) cost which is a component of “General and administrative” expenses on the accompanying Consolidated Statements of Operations (see Note 8 for additional details).