Summary of Significant Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2025

Schedule of Property, Plant and Equipment by Major Asset Class

The Company’s property, plant and equipment assets by major asset class at September 30 consist of:


	2025		2024
Property, plant and equipment:
Land	$	469	$	469
Buildings	13,167		13,514
Machinery and equipment	70,041		74,497
Total property, plant and equipment	83,677		88,480
Less: Accumulated depreciation	61,883		62,219
Property, plant and equipment, net	$	21,794	$	26,261

Schedule of Dilutive Effect of Company's Restricted Shares and Performance Shares

The dilutive effect is as follows:


	September 30,
	2025		2024
Loss from continuing operations	$	(933)	(8,626)
Income from discontinued operations, net of tax	204		3,243
Net loss	$	(729)	$	(5,383)

Weighted-average common shares outstanding (basic and diluted)	6,055		5,996






Net earnings (loss) per share – basic and diluted:
Continuing operations	$	(0.15)	$	(1.44)
Discontinued operations	0.03		0.54
Net loss per share	$	(0.12)	$	(0.90)





Anti-dilutive weighted-average common shares excluded from calculation of diluted earnings per share	143		238

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive loss as shown on the consolidated balance sheets at September 30 are as follows:


	2025		2024
Foreign currency translation adjustment, net of income tax	$	—	$	(5,554)
Net retirement plan liability adjustment, net of income tax	1,661		163
Interest rate swap agreement, net of income tax	—		2
Total accumulated other comprehensive income (loss)	$	1,661	$	(5,389)

The following table provides additional details of the amounts recognized into net earnings from accumulated other comprehensive income (loss), net of tax:


	Foreign Currency Translation Adjustment		Retirement Plan Liability Adjustment		Interest Rates Swap Adjustment		Accumulated Other Comprehensive (Loss) Income




Balance at September 30, 2023	(5,928)		(741)		9		(6,660)
Other comprehensive income (loss) before reclassifications	374		701		(7)		1,068
Amounts reclassified from accumulated other comprehensive loss	—		203		—		203
Net current-period other comprehensive income (loss)	374		904		(7)		1,271

Balance at September 30, 2024	(5,554)		163		2		(5,389)
Other comprehensive income before reclassifications	—		1,408		—		1,408
Amounts reclassified from accumulated other comprehensive income (loss)	5,554		90		(2)		5,642
Net current-period other comprehensive income (loss)	5,554		1,498		(2)		7,050
Balance at September 30, 2025	$	—	$	1,661	$	—	$	1,661

Schedule of Reclassification Out of Accumulated Other Comprehensive Loss

The following table reflects the changes in accumulated other comprehensive income (loss) related to the Company for September 30, 2025 and 2024:


	Amount reclassified from accumulated other comprehensive income (loss)
Details about accumulated other comprehensive income (loss) components	2025		2024		Affected line item in the Consolidated Statement of Operations

Amortization of Retirement plan liability:

Net actuarial gain	$	1,498	$	844	(1)
Settlements/curtailments	—		60		(1)
	1,498		904		Total before taxes
	—		—		Income tax expense
	$	1,498	$	904	Net of taxes

(1) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. See Note 9 — Retirement Benefit Plans for further discussion.