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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Sep. 30, 2019
Current assets:    
Cash and cash equivalents $ 19,264 $ 18,099
Accounts receivable, net of allowances of $181 and $138 13,362 15,114
Investment in lease, net-current portion 336 367
Inventories 5,285 7,818
Refundable income taxes 807 487
Other current assets 2,535 4,649
Total current assets 41,589 46,534
Property, equipment and improvements, net 1,047 1,273
Operating lease right-of-use assets 2,014  
Intangibles, net 28 37
Investment in lease, net-less current portion 81 417
Long-term receivable 3,642 5,328
Deferred income taxes 1,149 1,946
Cash surrender value of life insurance 3,948 3,718
Other assets 147 116
Total assets 53,645 59,369
Current liabilities:    
Accounts payable and accrued expenses 8,523 16,175
Line of credit 1,573 2,459
Notes payable - current portion 1,613 317
Deferred revenue 947 741
Pension and retirement plans 321 335
Total current liabilities 12,977 20,027
Pension and retirement plans 6,471 6,904
Notes payable - noncurrent portion 2,485 684
Operating lease liabilities - noncurrent portion 1,390  
Income taxes payable 586 694
Other noncurrent liabilities 202 632
Total liabilities 24,111 28,941
Shareholders’ equity:    
Common stock, $.01 par value per share; authorized, 7,500 shares; issued and outstanding 4,276 and 4,154 shares, respectively 43 42
Additional paid-in capital 16,994 15,733
Retained earnings 24,492 27,246
Accumulated other comprehensive loss (11,995) (12,593)
Total shareholders’ equity 29,534 30,428
Total liabilities and shareholders’ equity $ 53,645 $ 59,369