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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Sep. 30, 2019
Current assets:    
Cash and cash equivalents $ 17,627 $ 18,099
Accounts receivable, net of allowances of $160 and $138 12,470 15,114
Investment in lease, net-current portion 383  
Investment in lease, net-current portion   367
Inventories 5,507 7,818
Refundable income taxes 555 487
Other current assets 4,546 4,649
Total current assets 41,088 46,534
Property, equipment and improvements, net 1,356 1,273
Operating lease right-of-use assets 2,288  
Intangibles, net 35 37
Investment in lease, net-less current portion 319  
Investment in lease, net-less current portion   417
Long-term receivable 5,258 5,328
Deferred income taxes 1,947 1,946
Cash surrender value of life insurance 3,808 3,718
Other assets 149 116
Total assets 56,248 59,369
Current liabilities:    
Accounts payable and accrued expenses 11,112 16,175
Line of credit 871 2,459
Notes payable - current portion 694 317
Deferred revenue 1,433 741
Pension and retirement plans 349 335
Total current liabilities 14,459 20,027
Pension and retirement plans 7,275 6,904
Note payable - noncurrent portion 1,838 684
Operating lease liabilities - noncurrent portion 1,679  
Income taxes payable 694 694
Other noncurrent liabilities 505 632
Total liabilities 26,450 28,941
Commitments and contingencies
Shareholders’ equity:    
Common stock, $.01 par value per share; authorized, 7,500 shares; issued and outstanding 4,154 and 4,154 shares, respectively 42 42
Additional paid-in capital 15,940 15,733
Retained earnings 26,083 27,246
Accumulated other comprehensive loss (12,267) (12,593)
Total shareholders’ equity 29,798 30,428
Total liabilities and shareholders’ equity $ 56,248 $ 59,369