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EQUITY INVESTMENTS | 9 Months Ended
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Jun. 30, 2018
Equity Method Investments [Abstract] |
EQUITY INVESTMENTS | EQUITY INVESTMENTS Equity investments consisted of the following as of June 30, 2018 and September 30, 2017:
| As of
(in thousands) | June 30, 2018 |  | September 30, 2017
Equity method investment | $ | 1,358 |  |  | $ | 1,502 |
The Company has an investment in one of our strategic suppliers which provides the Company with the ability to exercise significant influence over the investment vehicle, in which it lacks a controlling financial interest and is not a primary beneficiary. Our share of gains and losses in the equity method investment is recognized on a one-quarter lag, and is reflected as share of results of equity-method investee, net of tax, in the accompanying Consolidated Condensed Statements of Operations.

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- Definition Equity Method Investments [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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