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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2017
Summary of Significant Accounting Policies  
Summary of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

    

Gross

    

Accumulated

    

Carrying

 

September 30, 2016

 

Amount

 

Amortization

 

Amount

 

Patents

 

$

4,030

 

$

(3,370)

 

$

660

 

Trademarks

 

 

3,800

 

 

 —

 

 

3,800

 

Customer relationships

 

 

2,100

 

 

(275)

 

 

1,825

 

Other

 

 

291

 

 

(14)

 

 

277

 

 

 

$

10,221

 

$

(3,659)

 

$

6,562

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Gross

    

Accumulated

    

Carrying

 

September 30, 2017

 

Amount

 

Amortization

 

Amount

 

Patents

 

$

4,030

 

$

(3,656)

 

$

374

 

Trademarks

 

 

3,800

 

 

 —

 

 

3,800

 

Customer relationships

 

 

2,100

 

 

(426)

 

 

1,674

 

Other

 

 

291

 

 

(73)

 

 

218

 

 

 

$

10,221

 

$

(4,155)

 

$

6,066

 

 

Schedule of estimated future aggregate amortization expense

 

 

 

 

Estimated future Aggregate Amortization Expense:

    

 

 

Year Ended September 30, 

 

 

 

2018

$

527

 

2019

 

256

 

2020

 

198

 

2021

 

180

 

2022

 

133

 

Thereafter

 

972

 

 

Schedule of estimated economic useful lives of property, plant and equipment

 

 

 

 

 

 

Buildings and improvements

 

 

 

40

 years

Machinery and equipment

 

 5

14

 years

Land improvements

 

 

 

20

 years

 

Schedule of basic and diluted net income per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended September 30,

 

(in thousands, except share and per share data)

    

2015

    

2016

    

2017

 

Numerator: Basic and Diluted

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

30,486

 

$

5,020

 

$

(10,190)

 

Dividends paid

 

 

(10,952)

 

 

(10,988)

 

 

(11,009)

 

Undistributed income (loss)

 

 

19,534

 

 

(5,968)

 

 

(21,199)

 

Percentage allocated to common shares (a)

 

 

99.1

%

 

99.0

%

 

100.0

%

Undistributed income (loss) allocated to common shares

 

 

19,358

 

 

(5,910)

 

 

(21,199)

 

Dividends paid on common shares outstanding

 

 

10,853

 

 

10,881

 

 

10,905

 

Net income (loss) available to common shares

 

 

30,211

 

 

4,971

 

 

(10,294)

 

Denominator: Basic and Diluted

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

12,331,805

 

 

12,361,483

 

 

12,397,099

 

Adjustment for dilutive potential common shares

 

 

12,404

 

 

4,714

 

 

 —

 

Weighted average shares outstanding - Diluted

 

 

12,344,209

 

 

12,366,197

 

 

12,397,099

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share

 

$

2.45

 

$

0.40

 

$

(0.83)

 

Diluted net income (loss) per share

 

$

2.45

 

$

0.40

 

$

(0.83)

 

 

 

 

 

 

 

 

 

 

 

 

Number of stock option shares excluded as their effect would be anti-dilutive

 

 

289,130

 

 

378,852

 

 

310,417

 

Number of restrictive stock shares excluded as their effect would be anti-dilutive

 

 

111,450

 

 

121,285

 

 

107,854

 

 

 

 

 

 

 

 

 

 

 

 

(a) Percentage allocated to common shares - weighted average

 

 

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

12,331,805

 

 

12,361,483

 

 

12,397,099

 

Unvested participating shares

 

 

112,275

 

 

121,185

 

 

 —

 

 

 

 

12,444,080

 

 

12,482,668

 

 

12,397,099