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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Net sales:      
Net sales $ 1,476,235 $ 1,496,475 $ 1,202,898
Costs and expenses:      
Selling, general and administrative expenses 274,701 270,064 258,644
Research and development 44,574 50,132 52,398
Amortization of purchased intangibles 59,309 42,106 27,064
Gain on sale of property, plant and equipment (170) (32,510)  
Restructuring costs 16,599 15,386 5,018
Total costs and expenses 1,414,660 1,410,238 1,178,516
Operating income 61,575 86,237 24,382
Other income (expenses):      
Interest and dividend income 7,522 6,519 1,615
Interest expense (27,685) (20,453) (10,424)
Loss on extinguishment of debt (16,090)    
Other income (expense), net (28,767) (19,957) (687)
Income (loss) from continuing operations before income taxes (3,445) 52,346 14,886
Income tax provision (benefit) (6,380) 11,040 7,093
Income from continuing operations 2,935 41,306 7,793
Net income (loss) from discontinued operations 436 (1,423) 4,243
Net income 3,371 39,883 12,036
Less noncontrolling interest in net income (loss) of VIE 6,592 (9,811) (274)
Net income (loss) attributable to Cubic (3,221) 49,694 12,310
Amounts attributable to Cubic:      
Net income (loss) from continuing operations (3,657) 51,117 8,067
Net income (loss) from discontinued operations 436 (1,423) 4,243
Net income (loss) attributable to Cubic $ (3,221) $ 49,694 $ 12,310
Basic      
Continuing operations attributable to Cubic (in dollars per share) $ (0.12) $ 1.68 $ 0.30
Discontinued operations (in dollars per share) 0.01 (0.05) 0.16
Basic earnings per share attributable to Cubic (in dollars per share) (0.10) 1.63 0.45
Diluted      
Continuing operations attributable to Cubic (in dollars per share) (0.12) 1.67 0.29
Discontinued operations (in dollars per share) 0.01 (0.05) 0.16
Diluted earnings (loss) per share attributable to Cubic (in dollars per share) $ (0.10) $ 1.62 $ 0.45
Weighted average shares used in per share calculations:      
Basic (in shares) 31,299 30,495 27,229
Diluted (in shares) 31,299 30,606 27,351
Products      
Net sales:      
Net sales $ 947,765 $ 1,011,069 $ 704,941
Costs and expenses:      
Costs 678,840 732,137 472,698
Services      
Net sales:      
Net sales 528,470 485,406 497,957
Costs and expenses:      
Costs $ 340,807 $ 332,923 $ 362,694