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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Sep. 30, 2018
Current assets:    
Cash and cash equivalents $ 18,099 $ 25,107
Accounts receivable, net of allowances of $138 and $87 15,114 11,980
Unbilled accounts receivable   1,166
Investment in lease, net-current portion 367 246
Inventories 7,818 7,558
Refundable income taxes 487 480
Other current assets 4,649 1,878
Total current assets 46,534 48,415
Property, equipment and improvements, net 1,273 847
Other assets:    
Intangibles, net 37 48
Investment in lease, net-less current portion 417 564
Long term receivable 5,328  
Deferred income taxes 1,946 1,895
Cash surrender value of life insurance 3,718 3,441
Other assets 116 65
Total other assets 11,562 6,013
Total assets 59,369 55,275
Current liabilities:    
Accounts payable and accrued expenses 16,175 9,277
Line of credit 2,459 3,247
Note payable - current portion 317  
Deferred revenue 741 1,197
Pension and retirement plans 335 340
Total current liabilities 20,027 14,061
Pension and retirement plans 6,904 6,168
Note payable - noncurrent portion 684  
Income taxes payable 694 709
Other noncurrent liabilities 632 535
Total liabilities 28,941 21,473
Commitments and contingencies
Shareholders’ equity:    
Common stock, $.01 par value per share; authorized, 7,500 shares; issued and outstanding 4,154 and 4,017 shares, respectively 42 40
Additional paid-in capital 15,733 14,661
Retained earnings 27,246 29,926
Accumulated other comprehensive loss (12,593) (10,825)
Total shareholders’ equity 30,428 33,802
Total liabilities and shareholders’ equity $ 59,369 $ 55,275