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Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Jun. 30, 2019
Accounting Policies [Abstract] |
Schedule of dilutive effect of company's restricted shares and performance shares | The dilutive effect of the Company’s restricted shares and performance shares were as follows:
| Three Months Ended June 30, |  | Nine Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Net loss | $ | (7,370 | ) |  | $ | (1,532 | ) |  | $ | (9,911 | ) |  | $ | (4,481 | )
Weighted-average common shares outstanding (basic and diluted) | 5,571 |  |  | 5,535 |  |  | 5,556 |  |  | 5,524 |
Net loss per share – basic and diluted: |  |  |  |  |  |  |
Net loss per share | $ | (1.32 | ) |  | $ | (0.28 | ) |  | $ | (1.78 | ) |  | $ | (0.81 | )
Anti-dilutive weighted-average common shares excluded from calculation of diluted earnings per share | 202 |  |  | 156 |  |  | 200 |  |  | 135 |
Schedule of effects of adoption of 2014-09 | The cumulative effect of changes made to the balance sheet as of October 1, 2018 for the adoption of the new 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 last-in, first-out (“LIFO”) reserve in the amount of $508 and excess and obsolete reserve of $366. As noted in Note 2, Inventories, 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 new revenue standard. The adoption of the new standard did not have an impact on "net cash provided by operating activities" on the consolidated condensed statement of cash flows for the nine months ended June 30, 2019. Consolidated condensed statement of operations for the nine months ended June 30, 2019:
|  | Previous Accounting Method |  | Effect of Accounting Change |  | As Reported
Net Sales |  | $ | 82,561 |  |  | $ | (1,230 | ) |  | $ | 81,331 |
Cost of Goods Sold |  | 76,435 |  |  | (1,316 | ) |  | 75,119 |
Loss before income tax benefit |  | (10,813 | ) |  | 86 |  |  | (10,727 | )
Net loss |  | (9,997 | ) |  | 86 |  |  | (9,911 | )
Basic net loss per share |  | $ | (1.80 | ) |  | $ | 0.02 |  |  | $ | (1.78 | )
Diluted net loss per share |  | $ | (1.80 | ) |  | $ | 0.02 |  |  | $ | (1.78 | )
Consolidated condensed statement of operations for the three months ended June 30, 2019:
|  | Previous Accounting Method |  | Effect of Accounting Change |  | As Reported
Net Sales |  | $ | 24,723 |  |  | $ | 150 |  |  | $ | 24,873 |
Cost of Goods Sold |  | 22,849 |  |  | 637 |  |  | 23,486 |
Loss before income tax expense |  | (7,219 | ) |  | (487 | ) |  | (7,706 | )
Net loss |  | (6,883 | ) |  | (487 | ) |  | (7,370 | )
Basic net loss per share |  | $ | (1.23 | ) |  | $ | (0.09 | ) |  | $ | (1.32 | )
Diluted net loss per share |  | $ | (1.23 | ) |  | $ | (0.09 | ) |  | $ | (1.32 | )
Consolidated condensed balance sheet as of June 30, 2019:
|  | Previous Accounting Method |  | Effect of Accounting Change |  | As Reported
Assets |  |  |  |  |  |
Contract asset |  | $ | — |  |  | $ | 8,910 |  |  | $ | 8,910 |
Inventory, net |  | 17,170 |  |  | (5,226 | ) |  | 11,944 |
Liabilities & Shareholders' Equity |  |  |  |  |  |
Contract liabilities (included within accrued liabilities) |  | 1,000 |  |  | — |  |  | 1,000 |
Deferred income taxes |  | 2,112 |  |  | — |  |  | 2,112 |
Retained earnings |  | 27,059 |  |  | 3,684 |  |  | 30,743 |

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