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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:      
Net income $ 18,658 $ 15,271 $ 15,889
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 14,208 12,765 11,468
Amortization of deferred financing fees 125 130 184
Impairment of intangible assets 0 1,810 267
Losses on disposals of property, plant and equipment 9 13 3
Tax benefit from stock option exercises 0 (84) (51)
Deferred income taxes 546 17 112
Changes in assets and liabilities, net of effects of acquisitions:      
Accounts receivable, net 458 (1,648) (758)
Inventories (1,661) (1,462) (6,691)
Prepaid expenses and other current assets 392 (816) (704)
Other non-current assets (15) (101) (90)
Accounts payable (1,422) (604) 9
Accrued expenses 1,453 (267) 386
Other non-current liabilities 26 22 14
Net cash provided by operating activities 32,777 25,046 20,038
Cash flows from investing activities:      
Purchases of property, plant and equipment (8,950) (8,557) (11,298)
Acquisitions of businesses (26,235) (1,266) (16,377)
Net cash used in investing activities (35,185) (9,823) (27,675)
Cash flows from financing activities:      
Proceeds from debt 27,000 4,500 23,500
Payments on debt (15,000) (16,000) (13,000)
Payments of deferred financing fees 0 (420) 0
Proceeds from issuances of common stock 81 552 211
Purchases of common stock for treasury (7,501) (5,319) (5,067)
Tax benefit from stock option exercises 0 84 51
Net cash provided by (used in) financing activities 4,580 (16,603) 5,695
Effect of exchange rate changes on cash 16 (237) (61)
Net increase (decrease) in cash 2,188 (1,617) (2,003)
Cash at beginning of year 4,615 6,232 8,235
Cash at end of year $ 6,803 $ 4,615 $ 6,232