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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2022
Summary of Significant Accounting Policies  
Summary of finite-lived intangible assets

    

Gross

    

Accumulated

    

Carrying

 

September 30, 2021

Amount

Amortization

Amount

 

Trademarks

$

3,800

$

$

3,800

Customer relationships

2,100

(995)

1,105

Other

 

997

(316)

681

$

6,897

$

(1,311)

$

5,586

    

Gross

    

Accumulated

    

Carrying

 

September 30, 2022

Amount

Amortization

Amount

 

Trademarks

$

3,800

$

$

3,800

Customer relationships

2,100

(1,128)

972

Other

 

1,100

(963)

137

$

7,000

$

(2,091)

$

4,909

Schedule of indefinite-lived intangible assets

    

Gross

    

Accumulated

    

Carrying

 

September 30, 2021

Amount

Amortization

Amount

 

Trademarks

$

3,800

$

$

3,800

Customer relationships

2,100

(995)

1,105

Other

 

997

(316)

681

$

6,897

$

(1,311)

$

5,586

    

Gross

    

Accumulated

    

Carrying

 

September 30, 2022

Amount

Amortization

Amount

 

Trademarks

$

3,800

$

$

3,800

Customer relationships

2,100

(1,128)

972

Other

 

1,100

(963)

137

$

7,000

$

(2,091)

$

4,909

Schedule of estimated future aggregate amortization expense

Estimated future Aggregate Amortization Expense:

    

 

Year Ending September 30, 

2023

$

216

2024

 

176

2025

 

123

2026

 

120

2027

 

116

Thereafter

 

358

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)

    

2020

    

2021

    

2022

 

Numerator: Basic and Diluted

Net income (loss)

$

(6,478)

$

(8,683)

$

45,087

Dividends

 

(11,158)

 

(11,245)

 

(11,062)

Undistributed income (loss)

 

(17,636)

 

(19,928)

 

34,025

Percentage allocated to common shares (a)

 

100.0

%

 

100.0

%

 

99.0

%

Undistributed income (loss) allocated to common shares

(17,636)

(19,928)

33,699

Dividends paid on common shares outstanding

 

11,071

 

11,098

 

10,955

Net income (loss) available to common shares

(6,565)

(8,830)

44,654

Denominator: Basic and Diluted

Weighted average common shares outstanding

 

12,470,664

 

12,499,609

 

12,346,025

Adjustment for dilutive potential common shares

 

 

 

159,475

Weighted average shares outstanding - Diluted

 

12,470,664

 

12,499,609

 

12,505,500

Basic net income (loss) per share

$

(0.53)

$

(0.71)

$

3.62

Diluted net income (loss) per share

$

(0.53)

$

(0.71)

$

3.57

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

 

285,699

 

385,548

 

261,228

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

 

96,999

 

165,794

 

50,415

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

34,498

 

30,529

 

2,791

Number of performance share awards excluded as their effect would be anti-dilutive

47,195

 

76,266

 

46,693

(a) Percentage allocated to common shares - weighted average

Common shares outstanding

 

12,470,664

 

12,499,609

 

12,346,025

Unvested participating shares

 

 

 

119,549

 

12,470,664

 

12,499,609

 

12,465,574