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Note 14 - Contingencies
9 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
(
14
) Contingencies
 
Insurance recoveries.
In
August 2017,
operations at our manufacturing facility located in Dayton, Texas were adversely affected by hurricane Harvey. We are in the process of completing repairs and finalizing the insurance claim relating to the business interruption and property damage resulting from the storm.
 
We maintain general liability, business interruption and replacement cost property insurance coverage on our facilities that was sufficient to cover the losses incurred from the storm. During the
three
-month period ended
June 30, 2018,
we recorded a
$52,000
receivable for anticipated insurance proceeds related to the costs that were incurred during the period resulting from the storm, which were recorded in selling, general and administrative expense (“SG&A expense”) (
$5,000
) and other income (
$47,000
) on the consolidated statement of operations and comprehensive income. During the
nine
-month period ended
June 30, 2018,
we received
$439,000
of insurance proceeds related to the expenses that were incurred and business interruption losses resulting from the storm, which were recorded in cost of sales (
$418,000
), SG&A expense (
$26,000
) and other income (
$47,000
) on the consolidated statement of operations and comprehensive income.
 
Legal proceedings
.
We are involved in lawsuits, claims, investigations and proceedings, including commercial, environmental and employment matters, which arise in the ordinary course of business. We do
not
expect the ultimate outcome or cost to resolve these matters will have a material adverse effect on our financial position, results of operations or cash flows.