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Recent Accounting Pronouncements (Tables) | 9 Months Ended
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Jun. 30, 2019
Accounting Policies [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The effects of ASC 606 adoption for the Company for the condensed consolidated statements of operations and balance sheet are as follows:
|  | Three months ended June 30, 2019
|  | (Amounts in thousands, except per share amounts)
|  |  |  |  | Balances |  | Effect of
|  |  |  |  | without |  | change
|  | As |  | adoption of |  | Higher/
|  | Reported |  | ASC 606 |  | (Lower)
Total sales |  | $ | 21,570 |  | $ | 21,071 |  | $ | 499
Total cost of sales |  |  | 16,731 |  |  | 16,284 |  |  | 447
Gross profit |  |  | 4,839 |  |  | 4,787 |  |  | 52
Operating income |  |  | 145 |  |  | 93 |  |  | 52
Income tax benefit |  |  | (326) |  |  | (351) |  |  | 25
Net income |  |  | 532 |  |  | 505 |  |  | 27
Net income attributable to common stockholders |  | $ | 509 |  | $ | 505 |  | $ | 4
Basic earnings per share |  | $ | 0.13 |  | $ | 0.13 |  | $ | —
Diluted earnings per share |  | $ | 0.12 |  | $ | 0.12 |  | $ | —
|  | Nine months ended June 30, 2019
|  | (Amounts in thousands, except per share amounts)
|  |  |  |  | Balances |  | Effect of
|  |  |  |  | without |  | change
|  | As |  | adoption of |  | Higher/
|  | Reported |  | ASC 606 |  | (Lower)
Total sales |  | $ | 56,900 |  | $ | 56,302 |  | $ | 598
Total cost of sales |  |  | 43,966 |  |  | 43,387 |  |  | 579
Gross profit |  |  | 12,934 |  |  | 12,915 |  |  | 19
Operating loss |  |  | (611) |  |  | (630) |  |  | 19
Income tax benefit |  |  | (466) |  |  | (484) |  |  | 18
Net loss |  |  | (37) |  |  | (38) |  |  | 1
Net loss attributable to common stockholders |  | $ | (37) |  | $ | (38) |  | $ | 1
Basic earnings per share |  | $ | (0.01) |  | $ | (0.01) |  | $ | —
Diluted earnings per share |  | $ | (0.01) |  | $ | (0.01) |  | $ | —
|  | As of June 30, 2019
|  | (Amounts in thousands)
|  |  |  |  | Balances |  | Effect of
|  |  |  |  | without |  | change
|  | As |  | adoption of |  | Higher/
|  | Reported |  | ASC 606 |  | (Lower)
Assets: |  |  |  |  |  |
Accounts receivable |  | $ | 16,645 |  | $ | 16,475 |  | $ | 170
Unbilled accounts receivable |  |  | — |  |  | 588 |  |  | (588)
Inventories |  |  | 9,868 |  |  | 10,639 |  |  | (771)
Other current assets |  |  | 3,719 |  |  | 3,125 |  |  | 594
Deferred tax asset |  |  | 1,873 |  |  | 1,914 |  |  | (41)
Liabilities: |  |  |  |  |  |  |  |  |
Deferred revenue |  | $ | 791 |  | $ | 1,586 |  | $ | (795)
Shareholders' Equity: |  |  |  |  |  |  |  |  |
Retained Earnings |  | $ | 28,203 |  | $ | 28,044 |  | $ | 159

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- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
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