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Restatement of Prior Year Financial Statements | 12 Months Ended
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Sep. 30, 2017
Accounting Changes And Error Corrections [Abstract] |
Restatement of Prior Year Financial Statements | 22. Restatement of Prior Year Financial Statements Prior to the issuance of the Company’s consolidated financial statements for the fiscal year ended September 30, 2017, the Company concluded that its previously issued consolidated financial statements for the fiscal years ended September 30, 2016 and 2015 and the quarters ended December 31, 2016, March 31, 2017 and June 30, 2017, should be restated because of an accounting error with respect to the classification of inventories. The Company classified inventories as a current asset in its consolidated balance sheet as of September 30, 2016, December 31, 2016, March 31, 2017 and June 30, 2017. The Company has now determined that all of its inventories for each of those dates were not reasonably expected to be realized in cash, sold or consumed during the Company’s next operating cycle. The restatement did not affect previously reported net loss, total assets, total liabilities or stockholders' equity or cash flows. The impact of the restatement to the balance sheets at September 30, 2016 and 2015 was as follows (in thousands):
|  | AS OF SEPTEMBER 30, 2016 |
|  | As Reported |  |  | Adjustment |  |  | Restated |
Current assets: |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 10,262 |  |  | $ | - |  |  | $ | 10,262 |
Short-term investments |  |  | 27,491 |  |  |  | - |  |  |  | 27,491 |
Trade accounts receivable, net |  |  | 15,392 |  |  |  | - |  |  |  | 15,392 |
Financing receivables, net |  |  | 1,533 |  |  |  | - |  |  |  | 1,533 |
Income tax receivable |  |  | 13,290 |  |  |  | - |  |  |  | 13,290 |
Inventories |  |  | 104,540 |  |  |  | (73,696 | ) |  |  | 30,844 |
Prepaid and other current assets |  |  | 1,826 |  |  |  | - |  |  |  | 1,826 |
Total current assets |  |  | 174,334 |  |  |  | (73,696 | ) |  |  | 100,638 |
Rental equipment |  |  | 30,973 |  |  |  | - |  |  |  | 30,973 |
Property, plant and equipment |  |  | 44,732 |  |  |  | - |  |  |  | 44,732 |
Non-current inventories |  | - |  |  |  | 73,696 |  |  |  | 73,696 |
Deferred income tax assets, net |  |  | 216 |  |  |  | - |  |  |  | 216 |
Non-current financing receivables, net |  |  | 1,817 |  |  |  | - |  |  |  | 1,817 |
Prepaid income taxes |  |  | 2,620 |  |  |  | - |  |  |  | 2,620 |
Other assets |  |  | 80 |  |  |  | - |  |  |  | 80 |
Total assets |  |  | 254,772 |  |  |  | - |  |  |  | 254,772 |
Total liabilities and stockholders' equity |  | $ | 254,772 |  |  | $ | - |  |  | $ | 254,772 |
|  | AS OF SEPTEMBER 30, 2015 |
|  | As Reported |  |  | Adjustment |  |  | Restated |
Current assets: |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 22,314 |  |  | $ | - |  |  | $ | 22,314 |
Short-term investments |  |  | 18,112 |  |  |  | - |  |  |  | 18,112 |
Trade accounts receivable, net |  |  | 12,693 |  |  |  | - |  |  |  | 12,693 |
Financing receivables, net |  |  | 2,004 |  |  |  | - |  |  |  | 2,004 |
Income tax receivable |  |  | 17,369 |  |  |  | - |  |  |  | 17,369 |
Inventories |  |  | 124,800 |  |  |  | (92,378 | ) |  |  | 32,422 |
Prepaid and other current assets |  |  | 1,295 |  |  |  | - |  |  |  | 1,295 |
Total current assets |  |  | 198,587 |  |  |  | (92,378 | ) |  |  | 106,209 |
Rental equipment |  |  | 46,036 |  |  |  | - |  |  |  | 46,036 |
Property, plant and equipment |  |  | 48,709 |  |  |  | - |  |  |  | 48,709 |
Non-current inventories |  | - |  |  |  | 92,378 |  |  |  | 92,378 |
Deferred income tax assets, net |  |  | 4,554 |  |  |  | - |  |  |  | 4,554 |
Non-current financing receivables, net |  |  | 1,516 |  |  |  | - |  |  |  | 1,516 |
Prepaid income taxes |  |  | 4,095 |  |  |  | - |  |  |  | 4,095 |
Other assets |  |  | 95 |  |  |  | - |  |  |  | 95 |
Total assets |  |  | 303,592 |  |  |  | - |  |  |  | 303,592 |
Total liabilities and stockholders' equity |  | $ | 303,592 |  |  | $ | - |  |  | $ | 303,592 |
See Note 21 for the impact of the restatement on the balance sheets as of December 31, 2016, March 31, 2017 and June 30, 2017.

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- Definition The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 6.G.2.b(b)(1)) -URI http://asc.fasb.org/extlink&oid=26874127&loc=d3e31034-122693 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22644-107794 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=6368906&loc=d3e21914-107793 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22595-107794 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 1.N.Q3) -URI http://asc.fasb.org/extlink&oid=26874127&loc=d3e30840-122693 + Details
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