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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net income $ 228 $ 6,381
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 5,114 4,278
Amortization 126 104
Pension and post-retirement expense - U.S. and U.K. 4,786 3,203
Change in long-term obligations 14  
Stock compensation expense 584 457
Excess tax expense from restricted stock vesting 114  
Deferred revenue 15,444 (625)
Deferred income taxes 4,075 (177)
Loss on disposition of property 11 113
Change in assets and liabilities:    
Restricted cash (9,200)  
Accounts receivable 10,492 2,616
Inventories (10,657) (13,344)
Other assets (1,236) (308)
Accounts payable and accrued expenses (3,516) (5,188)
Income taxes (2,676) 2,910
Accrued pension and postretirement benefits (3,558) (1,246)
Net cash provided by (used in) operating activities 10,145 (826)
Cash flows from investing activities:    
Additions to property, plant and equipment (7,051) (3,214)
Net cash used in investing activities (7,051) (3,214)
Cash flows from financing activities:    
Dividends paid (2,746) (2,738)
Payment for purchase of treasury stock (289) (251)
Excess tax expense from restricted stock vesting (114)  
Payment on long-term obligations (12)  
Net cash used in financing activities (3,161) (2,989)
Effect of exchange rates on cash (720) (468)
Decrease in cash and cash equivalents (787) (7,497)
Cash and cash equivalents:    
Cash and cash equivalents, beginning of period 49,045 45,871
Cash and cash equivalents, end of period 48,258 38,374
Cash paid during period for:    
Interest (net of capitalized interest) 122  
Income taxes paid, (net of refunds) (796) 535
Capital expenditures incurred but not yet paid $ 2,346 $ 1,032