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Condensed Consolidated Unaudited Statements of Cash Flows - USD ($)
6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,534,947 $ 2,502,246
Adjustments to reconcile net income from operations to net cash flows from operating activities:    
Depreciation 923,903 960,130
Amortization 132,499 182,500
Gain on sale of property and equipment (21,624) (34,482)
Equity-based compensation 765,554 660,203
Deferred income taxes 318,682 352,242
Provision (recovery) for losses on doubtful accounts 29,000 (67,000)
Provision for losses on inventory obsolescence 72,197 70,818
Other 1,308 (4,022)
Changes in assets and liabilities:    
Accounts receivable 2,266,241 2,677,840
Inventories 2,625,416 4,128,553
Prepaid and other current assets 778,364 (1,954,372)
Other assets (52,854) 20,467
Accounts payable (771,163) (1,005,681)
Accrued expenses and accrued wages, salaries and bonuses (822,955) (1,479,465)
Income taxes receivable (117,476) 343,304
Net cash flows from operating activities 7,662,039 7,353,281
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (837,895) (692,402)
Proceeds from sales of property and equipment 31,978 48,164
Net cash flows from investing activities (805,917) (644,238)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net payments on bank credit agreements (5,434,648) (3,292,820)
Principal payments on long-term debt (180,267) (174,650)
Repurchase of common stock (1,038,060) (2,547,683)
Dividends paid on convertible preferred stock   (97,820)
Dividends on common stock (452,685) (412,210)
Withholdings on the exercise of equity-based awards (107,082) (81,406)
Net cash flows from financing activities (7,212,742) (6,606,589)
Net change in cash (356,620) 102,454
Cash, beginning of period 605,380 219,536
Cash, end of period 248,760 321,990
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 365,620 391,130
Cash paid during the period for income taxes 1,133,794 1,235,454
Supplemental disclosure of non-cash information:    
Equipment acquisitions classified as accounts payable 29,219 17,500
Issuance of common stock in connection with the vesting and exercise of equity-based awards $ 1,262,763 $ 1,174,981