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Income Taxes | 12 Months Ended
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Sep. 30, 2012
Income Taxes [Abstract] |
Income Taxes | 7. Income Taxes
7. | Income Taxes
The components of income before income tax provision are as follows:
|  | Years Ended September 30, |
|  | 2012 |  |  | 2011 |
U.S |  | $ | 8,419 |  |  | $ | 10,388 |
Non-U.S |  |  | 981 |  |  |  | 850 |
Income before income tax provision |  | $ | 9,400 |  |  | $ | 11,238 |
The income tax provision consists of the following:
|  | Years Ended September 30, |
|  | 2012 |  |  | 2011 |
Current income tax provision: |  |  |  |  |  |  |  |
U.S. federal |  | $ | 2,530 |  |  | $ | 2,486 |
U.S. state and local |  |  | 465 |  |  |  | 463 |
Non-U.S |  |  | 229 |  |  |  | 162 |
Total current tax provision |  |  | 3,224 |  |  |  | 3,111 |
Deferred income tax provision (benefit): |  |  |  |  |  |  |  |
U.S. federal |  |  | (396 | ) |  |  | 627 |
U.S. state and local |  |  | (40 | ) |  |  | (62 | )
Non-U.S |  |  | 64 |  |  |  | 113 |
Total deferred tax provision (benefit) |  |  | (372 | ) |  |  | 678 |
Income tax provision |  | $ | 2,852 |  |  | $ | 3,789 |
The income tax provision differs from amounts currently payable or refundable due to certain items reported for financial statement purposes in periods that differ from those in which they are reported for tax purposes. The income tax provision in the accompanying consolidated statements of operations differs from amounts determined by using the statutory rate as follows:
|  | Years Ended September 30, |
|  | 2012 |  |  | 2011 |
Income before income tax provision |  | $ | 9,400 |  |  | $ | 11,238 |
Less-U.S. state and local income tax provision |  |  | 465 |  |  |  | 401 |
Income before U.S. and non-U.S. federal income tax provision |  | $ | 8,935 |  |  | $ | 10,837 |
Income tax provision at U.S. federal statutory rates |  | $ | 3,038 |  |  | $ | 3,693 |
Tax effect of: |  |  |  |  |  |  |  |
Domestic production activities deduction |  |  | (278 | ) |  |  | (275 | )
Undistributed earnings of non-U.S. subsidiaries |  |  | (91 | ) |  |  | 132 |
State and local income taxes |  |  | 425 |  |  |  | 401 |
Federal tax credits |  |  | (330 | ) |  |  | (289 | )
Other |  |  | 88 |  |  |  | 127 |
Income tax provision |  | $ | 2,852 |  |  | $ | 3,789 |
Deferred tax assets and liabilities at September 30 consist of the following:
|  | 2012 |  |  | 2011 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net non-U.S. operating loss carryforwards |  | $ | 592 |  |  | $ | 592 |
Employee benefits |  |  | 3,282 |  |  |  | 2,910 |
Inventory reserves |  |  | 664 |  |  |  | 641 |
Asset impairment reserve |  |  | 398 |  |  |  | 435 |
Allowance for doubtful accounts |  |  | 154 |  |  |  | 190 |
Foreign tax credits |  |  | 3,021 |  |  |  | 3,221 |
Other |  |  | 43 |  |  |  | 149 |
Total deferred tax assets |  |  | 8,154 |  |  |  | 8,138 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Depreciation |  |  | (2,954 | ) |  |  | (3,336 | )
Unremitted foreign earnings |  |  | (4,454 | ) |  |  | (5,083 | )
Other |  |  | (248 | ) |  |  | 0 |
Total deferred tax liabilities |  |  | (7,656 | ) |  |  | (8,419 | )
Net deferred tax assets (liabilities) |  |  | 498 |  |  |  | (281 | )
Valuation allowance |  |  | (579 | ) |  |  | (452 | )
Net deferred tax liabilities |  | $ | (81 | ) |  | $ | (733 | )
At September 30, 2012, the Company has a non-U.S. tax loss carryforward of approximately $5,458, which relates to the Company’s Irish subsidiary that ceased operations in 2007. A valuation allowance has been recorded against the deferred tax asset related to this non-U.S. tax loss carryforward because it is unlikely that such operating loss can be utilized unless the Irish subsidiary resumed operations. The non-U.S. tax loss carryforward does not expire. The Company recognized a $127 increase in the valuation allowance against its net deferred tax assets in fiscal years 2012 and a $12 reduction in the valuation allowance against its net deferred tax assets in fiscal 2011. The Company reported liabilities for uncertain tax positions, which includes any related interest and penalties, in fiscal 2012 and 2011 of $120 and $96, respectively. During fiscal 2012, the Company recognized a nominal amount for interest and no amount for penalties. Based on the statute of limitations for specific jurisdictions, the related unrecognized tax benefit for positions previously taken may change in the next 12 months by approximately $3, which would be recorded through income tax expense. The Company classifies interest and penalties on uncertain tax positions as income tax expense. A summary of activity related to the Company’s uncertain tax position is as follows:
|  | 2012 |  |  | 2011 |
Balance at beginning of year |  | $ | 96 |  |  | $ | 63 |
Increase due to tax positions taken in current year |  |  | 55 |  |  |  | 46 |
Increase due to tax positions taken in prior years |  |  | 1 |  |  |  | 14 |
Lapse of statute of limitations |  |  | (32 | ) |  |  | (27 | )
Balance at end of year |  | $ | 120 |  |  | $ | 96 |
The Company is subject to income taxes in the U.S. federal jurisdiction, and various states, local and non-U.S. jurisdictions. The Company is no longer subject to U.S. federal, state and local or non-U.S. income tax examinations for the years prior to fiscal year 2006.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 136, 172 -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 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 43, 44, 45, 46, 47, 48, 49 -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 6: 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=6907707&loc=d3e32537-109319 Reference 7: 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=6907707&loc=d3e32639-109319 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 + Details
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