XML 43 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1

Income Taxes (Tables)

12 Months Ended

Sep. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of income before income tax and income tax expense are comprised of the following:

	For the Years Ended September 30,
	2017				2016
	(Amounts in thousands)
Income before income tax:
U.S.	$	3,383			$	3,418
Foreign	410				182
	$	3,793			$	3,600
Income tax expense:
Current:
Federal	$	1,067			$	303
State	119				118
Foreign	132				159
	1,318				580
Deferred:
Federal	(86		)		400
State	37				46
Foreign	18				(30		)
	(31		)		416
	$	1,287			$	996

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Reconciliation of federal statutory rate and income tax expense to the Company's effective tax rate and actual income tax expense is as follows:

	For the Years Ended September 30,
	2017							2016
	(Dollar amounts in thousands)
Computed “expected” tax expense	$	1,289			34.0	%		$	1,224			34.0	%
Increases (reductions) in taxes resulting from:
State income taxes, net of federal tax benefit	80				2.1	%		124				3.5	%
Foreign operations	11				0.3	%		67				1.9	%
Permanent differences	(4		)		(0.1	)%		(20		)		(0.6	)%
Change in valuation allowance	(37		)		(1.0	)%		—				—	%
Uncertain tax liability adjustment	8				0.2	%		8				0.2	%
Research & development credit	(53		)		(1.4	)%		(344		)		(9.6	)%
Other items	(7		)		(0.2	)%		(63		)		(1.7	)%
Income tax expense	$	1,287			33.9	%		$	996			27.7	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

For the years ended September 30, 2017 and 2016, temporary differences, which give rise to deferred tax assets (liabilities), are as follows:

	September 30, 2017				September 30, 2016
	(Amounts in thousands)
Deferred tax assets:
Pension	$	2,470			$	2,896
Intangibles	219				315
Other reserves and accruals	633				671
Inventory reserves and other	563				470
State credits, net of federal benefit	318				313
Federal and state net operating loss carryforwards	52				61
Foreign net operating loss carryforwards	1,531				1,704
Foreign exchange on intercompany loan	(77		)		—
Foreign tax credits	7				7
Depreciation and amortization	(177		)		(203		)
Gross deferred tax assets	5,539				6,234
Less: valuation allowance	(2,712		)		(3,180		)
Realizable deferred tax asset	2,827				3,054
Gross deferred tax liabilities	—				—
Net deferred tax assets	$	2,827			$	3,054

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows:

	For the Year Ended September 30, 2017				For the Year Ended September 30, 2016
	(Amounts in thousands)
Balance, beginning of year	$	202			$	195
Accrued penalties and interest	7				7
Balance, end of period	$	209			$	202

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 55
-Paragraph 217
-URI http://asc.fasb.org/extlink&oid=96868398&loc=d3e36027-109320

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration