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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Sep. 30, 2016
Current assets:    
Cash and cash equivalents $ 113,935,000 $ 134,513,000
Accounts receivable, net of allowance for doubtful accounts of $643 and $718 at June 30, 2017 and September 30, 2016, respectively 11,621,000 10,355,000
Inventory 18,876,000 27,610,000
Tax refund receivable 378,000 1,205,000
Prepaid taxes 1,981,000 2,166,000
Prepaid expenses and other current assets ($0.9 million and $2.2 million measured at fair value as of June 30, 2017 and September 30, 2016, respectively) 7,891,000 9,063,000
Total current assets 154,682,000 184,912,000
Property and equipment, net 16,689,000 14,376,000
Intangible assets, net 1,374,000 2,650,000
Goodwill 45,189,000 45,134,000
Deferred long-term tax assets 1,021,000 1,021,000
Other assets 12,611,000 12,016,000
Total assets 231,566,000 260,109,000
Current liabilities:    
Accounts payable 11,768,000 9,732,000
Accrued expenses and other current liabilities 31,742,000 45,133,000
Distributions payable 9,930,000 1,722,000
Customer payables 23,931,000 28,901,000
Total current liabilities 77,371,000 85,488,000
Deferred taxes and other long-term liabilities 10,642,000 12,010,000
Total liabilities 88,013,000 97,498,000
Commitments and contingencies (Note 11) 0 0
Stockholders’ equity:    
Common stock, $0.001 par value; 120,000,000 shares authorized; 31,485,857 shares issued and outstanding at June 30, 2017; 30,742,662 shares issued and outstanding at September 30, 2016 29,000 29,000
Additional paid-in capital 226,422,000 220,192,000
Accumulated other comprehensive loss (8,639,000) (8,571,000)
Retained earnings (accumulated deficit) (74,259,000) (49,039,000)
Total stockholders’ equity 143,553,000 162,611,000
Total liabilities and stockholders’ equity $ 231,566,000 $ 260,109,000