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Discontinued Operations | 12 Months Ended
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Sep. 30, 2018
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | 2. Discontinued Operations of TS segment On July 31, 2018, CSPi LTD, a wholly owned indirect subsidiary of the Company, completed its sale of all of the outstanding stock of Modcomp GmbH, to Reply AG, an affiliate of Reply SpA, a holding company for a worldwide group of companies, pursuant to the terms of a Share Purchase and Assignment Agreement dated June 27, 2018. Modcomp GmbH, dba CSPI GmbH, through itself and its wholly owned subsidiaries, provided managed security services to customers primarily in Germany. Upon the closing of the Share Purchase Agreement, Reply AG paid to CSPI total cash at closing of approximately $14.4 million, which consisted of the original purchase price of $11.7 million plus an adjustment at closing for Net Cash (as defined in the Share Purchase Agreement) of approximately $2.7 million. An additional €400 thousand is included in escrow and will be recorded if and when received by the Company. Accordingly, CSPi determined that the assets and liabilities of this reportable segment met the discontinued operations criteria in U.S. GAAP in the year ended September 30, 2018. The gain recorded due to the sale of all the stock of Modcomp GmbH was approximately $16.8 million. No income taxes were provided as the transaction was a tax-free exchange in the U.K. As such, Modcomp GmbH's results have been recorded as discontinued operations in the accompanying consolidated balance sheets and consolidated statements of operations for all periods presented. Summarized Discontinued Operations Financial Information The following table provides a reconciliation of the carrying amounts of major classes of assets and liabilities which are included in assets and liabilities of discontinued operations in the accompanying consolidated balance sheets for the years ended September 30, 2018 and 2017:
|  |  | September 30, 2018 |  | September 30, 2017
|  |  | (Amounts in thousands)
Currents assets: |  |  |
| Cash and cash equivalents | $ | — |  |  | $ | 3,464 |
| Accounts receivable, net | — |  |  | 9,957 |
| Unbilled accounts receivable | — |  |  | 69 |
| Inventories, net | — |  |  | 404 |
| Deferred costs | — |  |  | 910 |
| Deferred income taxes | — |  |  | — |
| Other current assets | — |  |  | 63 |
| Property, equipment and improvements, net | — |  |  | — |
|  | Total current assets of discontinued operations | $ | — |  |  | $ | 14,867 |
Property, equipment and improvements, net | $ | — |  |  | $ | 589 |
Deferred costs | — |  |  | 609 |
Deferred income taxes | — |  |  | 864 |
Other noncurrent assets, net | — |  |  | 126 |
|  | Total noncurrent assets of discontinued operations | $ | — |  |  | $ | 2,188 |
Current liabilities: |  |  |
| Accounts payable and accrued expenses | $ | — |  |  | $ | 3,950 |
| Deferred revenue | — |  |  | 5,264 |
| Pension and retirement plans | — |  |  | 209 |
| Other current liabilities | — |  |  | 304 |
|  | Total current liabilities of discontinued operations | $ | — |  |  | $ | 9,727 |
Pension and retirement plans | $ | — |  |  | $ | 5,165 |
Other noncurrent liabilities | — |  |  | 57 |
|  | Total noncurrent liabilities of discontinued operations | $ | — |  |  | $ | 5,222 |
The following table summarizes the results of discontinued operations for the years ended September 30, 2018, and 2017.
|  | For the years ended
|  | September 30, 2018 |  | September 30, 2017
| (Amounts in thousands)
Sales |  | $ | 18,365 |  |  | $ | 22,990 |
Cost of sales |  | 15,843 |  |  | 18,923 |
Gross profit |  | 2,522 |  |  | 4,067 |
Selling, general and administrative expenses |  | 2,837 |  |  | 3,690 |
Operating income (loss) |  | (315 | ) |  | 377 |
Other income (expenses), net |  | (95 | ) |  | 11 |
Gain (loss) before income taxes |  | (410 | ) |  | 388 |
Income tax expense |  | — |  |  | 125 |
Income (loss) from discontinued operations |  | (410 | ) |  | 263 |
Gain from sale of discontinued operations |  | 16,838 |  |  | — |
Total income from discontinued operations |  | $ | 16,428 |  |  | $ | 263 |

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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