Discontinued Operations (Tables)

6 Months Ended

Mar. 31, 2017

Discontinued Operations And Disposal Groups [Abstract]

Schedule of Discontinued Operations

The operating results of the discontinued operations for the three month period ended March 31, 2017, consisted of the following:

In Thousands	Avionics &			Sensors &			Advanced
	Controls			Systems			Materials			Other			Total
Net Sales	$	2,268		$	-		$	-		$	-		$	2,268
Operating earnings (loss)		752			(2	)		(1,269	)		(289	)		(808	)
Tax expense (benefit)		(191	)		-			(482	)		(101	)		(774	)
Income (loss) from discontinued    operations	$	943		$	(2	)	$	(787	)	$	(188	)	$	(34	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets    held for sale	$	54		$	-		$	265		$	-		$	319
Gain on sale of discontinued    operation		1,188			-			-			-			1,188

The operating results of the discontinued operations for the six month period ended March 31, 2017, consisted of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials			Other			Total
Net Sales	$	4,964		$	-	$	-		$	-		$	4,964
Operating earnings (loss)		(119	)		893		(6,616	)		(893	)		(6,735	)
Tax expense (benefit)		(430	)		-		(623	)		(312	)		(1,365	)
Income (loss) from discontinued    operations	$	311		$	893	$	(5,993	)	$	(581	)	$	(5,370	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets    held for sale	$	(86	)	$	-	$	(4,323	)	$	-		$	(4,409	)
Gain on sale of discontinued    operation		1,188			-		-			-			1,188

The operating results of the discontinued operations for the three month period ended April 1, 2016, consisted of the following:

In Thousands	Avionics &		Sensors &			Advanced
	Controls		Systems			Materials			Other			Total
Net Sales	$	4,479	$	-		$	2,289		$	-		$	6,768
Operating earnings (loss)		1,072		(151	)		(2,874	)		(7	)		(1,960	)
Tax expense (benefit)		273		-			(210	)		-			63
Income (loss) from discontinued    operations	$	799	$	(151	)	$	(2,664	)	$	(7	)	$	(2,023	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets    held for sale	$	326	$	-		$	(1,381	)	$	-		$	(1,055	)

The operating results of the discontinued operations for the six month period ended April 1, 2016, consisted of the following:

In Thousands	Avionics &		Sensors &			Advanced
	Controls		Systems			Materials			Other			Total
Net Sales	$	10,061	$	-		$	4,773		$	-		$	14,834
Operating earnings (loss)		1,969		(307	)		(8,867	)		(11	)		(7,216	)
Tax expense (benefit)		686		-			(1,099	)		-			(413	)
Income (loss) from discontinued    operations	$	1,283	$	(307	)	$	(7,768	)	$	(11	)	$	(6,803	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets    held for sale	$	56	$	-		$	(3,628	)	$	-		$	(3,572	)

Assets and Liabilities Held for Sale within the Consolidated Balance Sheet at March 31, 2017, are comprised of the following:

In Thousands	Avionics &		Sensors &		Advanced
	Controls		Systems		Materials		Total
Other current assets	$	-	$	-	$	3,659	$	3,659
Current Assets of Businesses Held for Sale		-		-		3,659		3,659
Net property, plant and equipment		5,262		-		-		5,262
Other assets		-		-		4,882		4,882
Non-Current Assets of Businesses Held for Sale		5,262		-		4,882		10,144
Accounts payable		-		-		231		231
Accrued liabilities		-		-		838		838
Current Liabilities of Businesses Held for Sale		-		-		1,069		1,069
Deferred income tax liabilities		-		-		1,365		1,365
Other liabilities		-		-		320		320
Non-Current Liabilities of Businesses Held for Sale		-		-		1,685		1,685
Net Assets of Businesses Held for Sale	$	5,262	$	-	$	5,787	$	11,049

Assets and Liabilities Held for Sale within the Consolidated Balance Sheet at September 30, 2016, were comprised of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials		Total
Accounts receivable, net	$	2,588		$	-	$	4,093	$	6,681
Inventories		8,070			-		398		8,468
Prepaid expenses		127			-		103		230
Income tax refundable		-			-		71		71
Current Assets of Businesses Held for Sale		10,785			-		4,665		15,450
Net property, plant and equipment		5,368			-		2,869		8,237
Intangibles, net		-			-		1,856		1,856
Deferred income tax benefits		(392	)		-		400		8
Other assets		-			-		1,299		1,299
Non-Current Assets of Businesses Held for Sale		4,976			-		6,424		11,400
Accounts payable		441			-		1,463		1,904
Accrued liabilities		7,000			-		1,909		8,909
Current Liabilities of Businesses Held for Sale		7,441			-		3,372		10,813
Other liabilities		-			-		320		320
Non-Current Liabilities of Businesses Held for Sale		-			-		320		320
Net Assets of Businesses Held for Sale	$	8,320		$	-	$	7,397	$	15,717