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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Sep. 30, 2019
Accounting Policies [Abstract] |
Schedule of Property, Plant and Equipment by Major Asset Class | The Company's property, plant and equipment assets by major asset class at September 30 consist of:
|  | 2019 |  | 2018
Property, plant and equipment: |  |  |  |
Land |  | $ | 964 |  |  | $ | 995 |
Buildings |  | 15,805 |  |  | 15,365 |
Machinery and equipment |  | 82,379 |  |  | 76,465 |
Total property, plant and equipment |  | 99,148 |  |  | 92,825 |
Less: Accumulated depreciation |  | 59,538 |  |  | 57,435 |
Property, plant and equipment, net |  | $ | 39,610 |  |  | $ | 35,390 |
Dilutive Effect of The Company's Restricted Shares, and Performance Shares | The dilutive effect is as follows:
|  | September 30,
|  | 2019 |  | 2018
Net loss |  | $ | (7,506 | ) |  | $ | (7,170 | )
Weighted-average common shares outstanding (basic and diluted) |  | 5,566 |  |  | 5,523 |
Net loss per share – basic and diluted: |  |  |  |
Net loss per share |  | $ | (1.35 | ) |  | $ | (1.30 | )
Anti-dilutive weighted-average common shares excluded from calculation of diluted earnings per share |  | 196 |  |  | 144 |
Schedule of Effects of Adoption 2014-09 | The cumulative effect of changes made to the balance sheet as of October 1, 2018 for the adoption of the revenue standard was as follows:
|  | Balance at September 30, 2018 |  | Effect of Accounting Change |  | Balance at October 1, 2018
Assets |  |  |  |  |  |
Contract asset |  | $ | — |  |  | $ | 10,140 |  |  | $ | 10,140 |
Inventory, net |  | 18,269 |  |  | (6,542) |  | 11,727 |
Liabilities & Shareholders' Equity |  |  |  |  |  |
Retained earnings |  | 37,097 |  |  | 3,598 |  |  | 40,695 |
As part of the cumulative effect of the accounting change made as it pertains to the inventory, net line, the impact includes a reduction to the Company's LIFO reserve in the amount of $508 and excess and obsolete reserve of $366. As noted in Note 2, Inventories, of the consolidated financial statements, a portion of the Company's inventory is on LIFO. The following tables reflect the changes to the financial statements line items as a result to the revenue standard. The adoption of the revenue standard did not have an impact on "net cash provided by operating activities" on the consolidated statement of cash flows as of September 30, 2019. Consolidated statement of operations for the year end September 30, 2019:
|  | Previous Accounting Method |  | Effect of Accounting Change |  | As Reported
Net Sales |  | $ | 112,090 |  |  | $ | 364 |  |  | $ | 112,454 |
Cost of Goods Sold |  | 102,276 |  |  | (459 | ) |  | 101,817 |
Net loss |  | (8,329 | ) |  | 823 |  |  | (7,506 | )
Basic and diluted net loss per share |  | $ | (1.50 | ) |  | $ | 0.15 |  |  | $ | (1.35 | )
Consolidated balance sheet as of September 30, 2019:
|  | Previous Accounting Method |  | Effect of Accounting Change |  | As Reported
Assets |  |  |  |  |  |
Contract asset |  | $ | — |  |  | $ | 10,349 |  |  | $ | 10,349 |
Inventory, net |  | 16,592 |  |  | (6,083 | ) |  | 10,509 |
Liabilities & Shareholders' Equity |  |  |  |  |  |
Contract liabilities (included within accrued liabilities) |  | 537 |  |  | (155 | ) |  | 382 |
Deferred income taxes |  | 1,718 |  |  | — |  |  | 1,718 |
Retained earnings |  | 28,727 |  |  | 4,421 |  |  | 33,148 |
Components of Accumulated Other Comprehensive Loss | The components of accumulated other comprehensive loss as shown on the consolidated balance sheets at September 30 are as follows:
| 2019 |  | 2018
Foreign currency translation adjustment, net of income tax benefit of $0 and $0, respectively | $ | (5,667 | ) |  | $ | (4,955 | )
Net retirement plan liability adjustment, net of income tax benefit of ($3,758) and ($3,758), respectively | (7,642 | ) |  | (3,674 | )
Total accumulated other comprehensive loss | $ | (13,309 | ) |  | $ | (8,629 | )
The following table provides additional details of the amounts recognized into net earnings from accumulated other comprehensive loss, net of tax:
| Foreign Currency Translation Adjustment |  | Retirement Plan Liability Adjustment |  | Interest Rates Swap Adjustment |  | Accumulated Other Comprehensive Loss
Balance at September 30, 2017 | $ | (4,607 | ) |  | $ | (4,648 | ) |  | $ | 4 |  |  | $ | (9,251 | )
Other comprehensive income (loss) before reclassifications | (348 | ) |  | 333 |  |  | 19 |  |  | 4 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | 641 |  |  | (23 | ) |  | 618 |
Net current-period other comprehensive loss | (348 | ) |  | 974 |  |  | (4 | ) |  | 622 |
Balance at September 30, 2018 | (4,955 | ) |  | (3,674 | ) |  | — |  |  | (8,629 | )
Other comprehensive loss before reclassifications | (712 | ) |  | (4,643 | ) |  | — |  |  | (5,355 | )
Amounts reclassified from accumulated other comprehensive income | — |  |  | 675 |  |  | — |  |  | 675 |
Net current-period other comprehensive loss | (712 | ) |  | (3,968 | ) |  | — |  |  | (4,680 | )
Balance at September 30, 2019 | $ | (5,667 | ) |  | $ | (7,642 | ) |  | $ | — |  |  | $ | (13,309 | )
Reclassification Out of Accumulated Other Comprehensive Loss | The following table reflects the changes in accumulated other comprehensive loss related to the Company for September 30, 2019 and 2018:
|  | Amount reclassified from accumulated other comprehensive loss |  |
Details about accumulated other comprehensive loss components |  | 2019 |  | 2018 |  | Affected line item in the Consolidated Statement of Operations
Amortization of Retirement plan liability: |  |  |  |  |  |
Prior service costs |  | $ | — |  |  | $ | — |  |  | (1)
Net actuarial gain (loss) |  | (4,214 | ) |  | 974 |  |  | (1)
Settlements/curtailments |  | 246 |  |  | — |  |  | (1)
|  | (3,968 | ) |  | 974 |  |  | Total before taxes
|  | — |  |  | — |  |  | Income tax expense
|  | $ | (3,968 | ) |  | $ | 974 |  |  | Net of taxes
(1) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost. See Note 8, Retirement Benefit Plans, of the consolidated financial statements for further information.

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