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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 10,348 $ 18,829
Adjustments to reconcile net income to net cash provided by operating activities:    
Bad debt expense 31 274
Deferred financing cost amortization 229 263
Depreciation and amortization 6,884 3,503
Loss (gain) on sale of assets (68) 832
Deferred Income Tax Expense (Benefit) 494 0
Non-cash compensation expense 1,329 645
Changes in operating assets and liabilities    
Accounts receivable (1,593) (8,039)
Inventories (3,919) (208)
Costs and estimated earnings in excess of billings (3,151) 2,964
Prepaid expenses and other current assets (9,082) (3,098)
Other non-current assets 350 (1,314)
Accounts payable and accrued expenses 600 1,611
Billings in excess of costs and estimated earnings 6,438 2,482
Other non-current liabilities 1,312 (4,840)
Net cash provided by operating activities 10,202 13,904
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (3,796) (2,156)
Proceeds from Sale of Property, Plant, and Equipment 237 2,200
Consideration for acquisition, net of cash acquired (14,659) (59,698)
Net cash used in investing activities (18,218) (59,654)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings of debt 5,313 20,026
Repayments of debt (5,328) (112)
Contingent Consideration Payment (448) 0
Distribution to Noncontrolling Interest (153) 0
Stock Options Exercised 207 133
Purchase of treasury stock (891) (590)
Change in restricted cash 260 (260)
Net cash provided by (used in) financing activities (1,040) 19,197
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (9,056) (26,553)
CASH AND CASH EQUIVALENTS, beginning of period 32,961 49,360
CASH AND CASH EQUIVALENTS, end of period 23,905 22,807
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 1,108 651
Cash paid for income taxes $ 2,285 $ 1,288