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Subsequent Events
3 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events

13. SUBSEQUENT EVENTS

Subsequent to June 30, 2022, the Company completed the sale of its manufacturing operations located in Stuart, Florida. The Stuart operations specialized in the assembly of large, complex metallic structures such as wing and fuselage assemblies. As part of the transaction, the Company recognized a reduction in revenue related to consideration payable to a customer of approximately $17,000. The buyer assumed certain liabilities of the Company, including customer advance liquidation liabilities of approximately $104,000 and certain other customer related liabilities of approximately $26,000. The Company expects to recognize a gain in the second quarter of fiscal 2023. The operating results of the Stuart operations are included within the Aerospace Structures reportable segment.

In addition, as a result of the completed sale of this manufacturing operation, the Company expects to recognize a pension curtailment charge of approximately $2,000 in the second quarter of fiscal 2023.