XML 27 R6.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 12,440 $ (27,226)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Bad debt expense 248 96
Deferred financing cost amortization 156 142
Depreciation and amortization 4,846 4,269
Loss (gain) on sale of assets 95 (34)
Non-cash compensation 674 (111)
Deferred income taxes 4,243 33,584
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:    
Accounts receivable (9,616) 14,945
Inventories (2,873) (665)
Costs and estimated earnings in excess of billings 3,152 (1,921)
Prepaid expenses and other current assets (764) 97
Other non-current assets (1,370) (52)
Accounts payable and accrued expenses (144) (10,081)
Billings in excess of costs and estimated earnings (948) (2,098)
Other non-current liabilities (736) 214
Net cash provided by operating activities 9,403 11,159
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (3,929) (2,327)
Proceeds from sale of assets 7 94
Cash paid in conjunction with business combinations 0 (175)
Net cash used in investing activities (3,922) (2,408)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings of debt 122 68
Repayments of debt (10,144) (109)
Distribution to noncontrolling interest (137) (69)
Purchase of treasury stock (5,411) (1,229)
Options exercised 0 11
Net cash used in financing activities (15,570) (1,328)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (10,089) 7,423
CASH, CASH EQUIVALENTS and RESTRICTED CASH, beginning of period 26,247 28,290
CASH, CASH EQUIVALENTS and RESTRICTED CASH, end of period 16,158 35,713
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 1,008 788
Cash paid for income taxes, net $ 523 $ 1,456