Accounting Standards (Tables)

12 Months Ended

Sep. 30, 2019

Accounting Changes and Error Corrections [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

Application of ASC 606 for the fiscal year ended September 30, 2019 had the following impact on the Company’s Consolidated Balance Sheet at September 30, 2019 and Consolidated Statement of Income for the fiscal year ended September 30, 2019 (in thousands):

At September 30, 2019	As Reported		Impact of ASC 606		Without Application of ASC 606
Costs and estimated earnings in excess of billings on uncompleted contracts	$	12,030	$	(599)	$	12,629
Inventories	$	34,291	$	1,602	$	32,689
Accrued expenses and other current liabilities	$	19,078	$	(39)	$	19,039
Billings in excess of costs and estimated earnings on uncompleted contracts	$	31,115	$	1,167	$	29,948
For the Fiscal Year Ended September 30, 2019
Revenues	$	783,238	$	(1,766)	$	785,004
Cost of revenues	$	665,285	$	(1,602)	$	666,887
Provision (benefit) for income taxes	$	13,909	$	(39)	$	13,948
Net income	$	43,121	$	(125)	$	43,246