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Inventories, Net | 12 Months Ended
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Sep. 30, 2017
Inventory Disclosure [Abstract] |
Inventories, Net | NOTE 2 - INVENTORIES, NET Net inventories consist of the following:
|  | September 30, |
|  | 2017 |  |  | 2016 |
Raw materials |  | $ | 9,407,000 |  |  | $ | 7,072,000 |
Work in process |  |  | 3,098,000 |  |  |  | 976,000 |
Finished goods |  |  | 4,166,000 |  |  |  | 3,545,000 |
Used equipment |  |  | 16,000 |  |  |  | 41,000 |
|  | $ | 16,687,000 |  |  | $ | 11,634,000 |
At September 30, 2017 and 2016, cost is determined by the LIFO method for inventories. The estimated current cost of inventories exceeded their LIFO basis by approximately $4,250,000 and $4,766,000 at September 30, 2017 and 2016, respectively. Slow moving and obsolete inventory reserves were $3,826,000 and $3,869,000 at September 30, 2017 and 2016, respectively.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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