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Note 16 - Restatement of Financial Statements for the periods ended September 30, 2010, December 31, 2010, March 31, 2011 and June 30, 2011 | 12 Months Ended
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Sep. 30, 2011
Accounting Changes and Error Corrections [Text Block] | 16. Restatement of Financial Statements for the periods ended September 30, 2010, December 31, 2010, March 31, 2011 and June 30, 2011 The Company has restated its Consolidated Statements of Operations for the year ended September 30, 2010, and the three months ended December 31, 2010,the three months and six months ended March 31, 2011 and the three months and nine months ended June 30, 2011 to reflect adjustments and reclassifications of revenue and cost of sales, in connection with the identification of saless that are maintenance and support services provided by third parties where the Company is not the primary obligor of the service, which requires presentation of the revenue reported by the Company net of the cost of the services as opposed to recognition of the gross sales value of the services. In addition, the Company identified certain other services provided pursuant to third party contracts for which the Company is the primary obligor and reported these services correctly at the gross sales value; however these services were reported as product revenue and should have been included as service revenue. We have therefore, reclassified both the revenue and cost of sales for these services from product revenue and product cost of sales to service revenue and service cost of sales. The adjustments made to the restated financial statements referred to above did not affect gross profit, income before taxes, net income, cash flow, total assets, total liabilities, retained earnings or total shareholder equity The tables below show the impact to the balance sheets and statements of operations for the restated periods. September 30, 2010 Restated Consolidated Statements of Operations
|  | Year ended September 30, 2010 |
|  | As reported |  |  | Restatement Adjustment |  |  | Restated |
|  | (Amounts in thousands except per share date) |
Sales: |  |  |
Product |  | $ | 78,743 |  |  | $ | (9,109 | ) |  | $ | 69,634 |
Services |  |  | 16,275 |  |  |  | 4,203 |  |  |  | 20,478 |
Total sales |  |  | 95,018 |  |  |  | (4,906 | ) |  |  | 90,112 |
Cost of sales: |  |  |  |  |  |  |  |  |  |  |  |
Product |  |  | 67,385 |  |  |  | (7,924 | ) |  |  | 59,461 |
Services |  |  | 10,442 |  |  |  | 3,018 |  |  |  | 13,460 |
Total cost of sales |  |  | 77,827 |  |  |  | (4,906 | ) |  |  | 72,921 |
Gross profit |  |  | 17,191 |  |  |  | - |  |  |  | 17,191 |
Operating Expenses |  |  | 16,049 |  |  |  | - |  |  |  | 16,049 |
Operating income |  |  | 1,142 |  |  |  | - |  |  |  | 1,142 |
Total other income (expense), net |  |  | 7 |  |  |  | - |  |  |  | 7 |
Income before income taxes |  |  | 1,149 |  |  |  | - |  |  |  | 1,149 |
Income tax expense |  |  | 235 |  |  |  | - |  |  |  | 235 |
Net income |  | $ | 914 |  |  |  | - |  |  | $ | 914 |
Net income per share – basic |  | $ | 0.26 |  |  |  | - |  |  | $ | 0.26 |
Weighted average shares outstanding – basic |  |  | 3,538 |  |  |  | - |  |  |  | 3,538 |
Net income per share – diluted |  | $ | 0.25 |  |  |  | - |  |  | $ | 0.25 |
Weighted average shares outstanding – diluted |  |  | 3,567 |  |  |  | - |  |  |  | 3,567 |
December 31, 2010 Restated Consolidated Statements of Operations
|  | For the three months ended December 31, 2010 (unaudited) |
|  | As reported |  |  | Restatement Adjustment |  |  | Restated |
|  | (Amounts in thousands except for per share data) |
Sales: |  |  |
Product |  | $ | 17,424 |  |  | $ | (2,132 | ) |  | $ | 15,292 |
Services |  |  | 4,686 |  |  |  | 649 |  |  |  | 5,335 |
Total sales |  |  | 22,110 |  |  |  | (1,483 | ) |  |  | 20,627 |
Cost of sales: |  |  |  |  |  |  |  |  |  |  |  |
Product |  |  | 15,293 |  |  |  | (1,878 | ) |  |  | 13,415 |
Services |  |  | 2,289 |  |  |  | 395 |  |  |  | 2,684 |
Total cost of sales |  |  | 17,582 |  |  |  | (1,483 | ) |  |  | 16,099 |
Gross profit |  |  | 4,528 |  |  |  | - |  |  |  | 4,528 |
Operating expenses |  |  | 3,885 |  |  |  | - |  |  |  | 3,885 |
Operating income |  |  | 643 |  |  |  | - |  |  |  | 643 |
Other expense, net |  |  | (21 | ) |  |  | - |  |  |  | (21 | )
Income before income taxes |  |  | 622 |  |  |  | - |  |  |  | 622 |
Income tax expense |  |  | 233 |  |  |  | - |  |  |  | 233 |
Net income |  | $ | 389 |  |  |  | - |  |  | $ | 389 |
Net income per share – basic |  | $ | 0.11 |  |  |  | - |  |  | $ | 0.11 |
Weighted average shares outstanding – basic |  |  | 3,485 |  |  |  | - |  |  |  | 3,485 |
Net income per share – diluted |  | $ | 0.11 |  |  |  | - |  |  | $ | 0.11 |
Weighted average shares outstanding – diluted |  |  | 3,521 |  |  |  | - |  |  |  | 3,521 |
March 31, 2011 Restated Consolidated Statements of Operations
|  | Three months ended March 31, 2011 (unaudited) |  |  | Six months ended March 31, 2011 (unaudited) |
|  | As reported |  |  | Restatement Adjustment |  |  | Restated |  |  | As reported |  |  | Restatement Adjustment |  |  | Restated |
|  | (Amounts in thousands except for per share data) |
Sales: |  |  |  |  |  |
Product |  | $ | 15,726 |  |  | $ | (2,959 | ) |  | $ | 12,767 |  |  | $ | 33,150 |  |  | $ | (5,092 | ) |  | $ | 28,058 |
Services |  |  | 3,483 |  |  |  | 1,379 |  |  |  | 4,862 |  |  |  | 8,169 |  |  |  | 2,029 |  |  |  | 10,198 |
Total sales |  |  | 19,209 |  |  |  | (1,580 | ) |  |  | 17,629 |  |  |  | 41,319 |  |  |  | (3,063 | ) |  |  | 38,256 |
Cost of sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product |  |  | 12,457 |  |  |  | (2,496 | ) |  |  | 9,961 |  |  |  | 27,750 |  |  |  | (4,374 | ) |  |  | 23,376 |
Services |  |  | 2,503 |  |  |  | 916 |  |  |  | 3,419 |  |  |  | 4,792 |  |  |  | 1,311 |  |  |  | 6,103 |
Total cost of sales |  |  | 14,960 |  |  |  | (1,580 | ) |  |  | 13,380 |  |  |  | 32,542 |  |  |  | (3,063 | ) |  |  | 29,479 |
Gross profit |  |  | 4,249 |  |  |  | - |  |  |  | 4,249 |  |  |  | 8,777 |  |  |  | - |  |  |  | 8,777 |
Operating expenses |  |  | 3,818 |  |  |  | - |  |  |  | 3,818 |  |  |  | 7,703 |  |  |  | - |  |  |  | 7,703 |
Operating income |  |  | 431 |  |  |  | - |  |  |  | 431 |  |  |  | 1,074 |  |  |  | - |  |  |  | 1,074 |
Other income (expense), net |  |  | (1 | ) |  |  | - |  |  |  | (1 | ) |  |  | (22 | ) |  |  | - |  |  |  | (22 | )
Income before income taxes |  |  | 430 |  |  |  | - |  |  |  | 430 |  |  |  | 1,052 |  |  |  | - |  |  |  | 1,052 |
Income tax expense |  |  | 144 |  |  |  | - |  |  |  | 144 |  |  |  | 377 |  |  |  | - |  |  |  | 377 |
Net income |  | $ | 286 |  |  |  | - |  |  | $ | 286 |  |  | $ | 675 |  |  |  | - |  |  | $ | 675 |
Net income per share – basic |  | $ | 0.08 |  |  |  | - |  |  | $ | 0.08 |  |  | $ | 0.19 |  |  |  | - |  |  | $ | 0.19 |
Weighted average shares outstanding – basic |  |  | 3,437 |  |  |  | - |  |  |  | 3,437 |  |  |  | 3,455 |  |  |  | - |  |  |  | 3,455 |
Net income per share – diluted |  | $ | 0.08 |  |  |  | - |  |  | $ | 0.08 |  |  | $ | 0.19 |  |  |  | - |  |  | $ | 0.19 |
Weighted average shares outstanding – diluted |  |  | 3,471 |  |  |  | - |  |  |  | 3,471 |  |  |  | 3,491 |  |  |  | - |  |  |  | 3,491 |
June 30, 2011 Restated Consolidated Statements of Operations
|  | Three months ended June 30, 2011 (unaudited) |  |  | Nine months ended June 30, 2011 (unaudited) |
|  | As reported |  |  | Restatement Adjustment |  |  | Restated |  |  | As reported |  |  | Restatement Adjustment |  |  | Restated |
|  | (Amounts in thousands except for per share data) |
Sales: |  |  |  |  |  |
Product |  | $ | 16,416 |  |  | $ | (1,690 | ) |  | $ | 14,726 |  |  | $ | 49,566 |  |  | $ | (6,782 | ) |  | $ | 42,784 |
Services |  |  | 3,265 |  |  |  | 798 |  |  |  | 4,063 |  |  |  | 11,434 |  |  |  | 2,827 |  |  |  | 14,261 |
Total sales |  |  | 19,681 |  |  |  | (892 | ) |  |  | 18,789 |  |  |  | 61,000 |  |  |  | (3,955 | ) |  |  | 57,045 |
Cost of sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product |  |  | 13,690 |  |  |  | (1,434 | ) |  |  | 12,256 |  |  |  | 41,440 |  |  |  | (5,809 | ) |  |  | 35,631 |
Services |  |  | 2,370 |  |  |  | 542 |  |  |  | 2,912 |  |  |  | 7,162 |  |  |  | 1,854 |  |  |  | 9,016 |
Total cost of sales |  |  | 16,060 |  |  |  | (892 | ) |  |  | 15,168 |  |  |  | 48,602 |  |  |  | (3,955 | ) |  |  | 44,647 |
Gross profit |  |  | 3,621 |  |  |  | - |  |  |  | 3,621 |  |  |  | 12,398 |  |  |  | - |  |  |  | 12,398 |
Operating expenses |  |  | 3,892 |  |  |  | - |  |  |  | 3,892 |  |  |  | 11,595 |  |  |  | - |  |  |  | 11,595 |
Operating income (loss) |  |  | (271 | ) |  |  | - |  |  |  | (271 | ) |  |  | 803 |  |  |  |  |  |  |  | 803 |
Other income (expense), net |  |  | (33 | ) |  |  | - |  |  |  | (33 | ) |  |  | (55 | ) |  |  | - |  |  |  | (55 | )
Income (loss) before income taxes |  |  | (304 | ) |  |  | - |  |  |  | (304 | ) |  |  | 748 |  |  |  | - |  |  |  | 748 |
Income tax expense (benefit) |  |  | (90 | ) |  |  | - |  |  |  | (90 | ) |  |  | 287 |  |  |  | - |  |  |  | 287 |
Net income(loss) |  | $ | (214 | ) |  |  | - |  |  | $ | (214 | ) |  | $ | 461 |  |  |  | - |  |  | $ | 461 |
Net income (loss) per share – basic |  | $ | (0.06 | ) |  |  | - |  |  | $ | (0.06 | ) |  | $ | 0.13 |  |  |  | - |  |  | $ | 0.13 |
Weighted average shares outstanding – basic |  |  | 3,428 |  |  |  | - |  |  |  | 3,428 |  |  |  | 3,446 |  |  |  | - |  |  |  | 3,446 |
Net income (loss) per share – diluted |  | $ | (0.06 | ) |  |  | - |  |  | $ | (0.06 | ) |  | $ | 0.13 |  |  |  | - |  |  | $ | 0.13 |
Weighted average shares outstanding – diluted |  |  | 3,428 |  |  |  | - |  |  |  | 3,428 |  |  |  | 3,485 |  |  |  | - |  |  |  | 3,485 |

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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 2 -Subparagraph (SAB TOPIC 1.N.Q3) -URI http://asc.fasb.org/extlink&oid=6369664&loc=d3e30840-122693 Reference 2: 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 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 154 -Paragraph 17, 22, 25, 26 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: 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=6801783&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 1 -Section N Reference 6: 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=6801783&loc=d3e22595-107794 Reference 7: 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=6801783&loc=d3e22644-107794 + Details
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