XML 46 R30.htm IDEA: XBRL DOCUMENT v3.24.4
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2024
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:
 20242023
Property, plant and equipment:
Land$469 $469 
Buildings13,514 13,514 
Machinery and equipment74,497 79,853 
Total property, plant and equipment88,480 93,836 
Less: Accumulated depreciation62,219 64,369 
Property, plant and equipment, net$26,261 $29,467 
Schedule of Dilutive Effect of Company's Restricted Shares and Performance Shares The dilutive effect is as follows:
 September 30,
 20242023
Loss from continuing operations$(8,626)(10,519)
Income from discontinued operations, net of tax3,243 1,827 
Net loss$(5,383)$(8,692)
Weighted-average common shares outstanding (basic and diluted)5,996 5,929 
Net earnings (loss) per share – basic and diluted:
Continuing operations$(1.44)$(1.77)
Discontinued operations0.54 0.30 
Net loss per share$(0.90)$(1.47)
Anti-dilutive weighted-average common shares excluded from calculation of diluted earnings per share238 202 
Schedule 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:
20242023
Foreign currency translation adjustment, net of income tax$(5,554)$(5,928)
Net retirement plan liability adjustment, net of income tax 163 (741)
Interest rate swap agreement, net of income tax
Total accumulated other comprehensive loss$(5,389)$(6,660)
The following table provides additional details of the amounts recognized into net earnings from accumulated other comprehensive loss, net of tax:
Foreign Currency Translation AdjustmentRetirement Plan Liability AdjustmentInterest Rates Swap AdjustmentAccumulated Other Comprehensive Loss
Balance at September 30, 2022(6,196)(2,509)12 (8,693)
Other comprehensive (loss) income before reclassifications268 1,341 (3)1,606 
Amounts reclassified from accumulated other comprehensive loss— 427 — 427 
Net current-period other comprehensive (loss) income268 1,768 (3)2,033 
Balance at September 30, 2023(5,928)(741)(6,660)
Other comprehensive income (loss) before reclassifications374 701 (7)1,068 
Amounts reclassified from accumulated other comprehensive loss— 203 — 203 
Net current-period other comprehensive income (loss)374 904 (7)1,271 
Balance at September 30, 2024$(5,554)$163 $$(5,389)
Schedule of 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, 2024 and 2023:
Amount reclassified from accumulated other comprehensive loss
Details about accumulated other comprehensive loss components20242023Affected line item in the Consolidated Statement of Operations
Amortization of Retirement plan liability:
Net actuarial gain$844 $1,660 (1)
 Settlements/curtailments60 108 (1)
904 1,768 Total before taxes
— — Income tax expense
$904 $1,768 Net of taxes
(1)    These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. See Note 9 — Retirement Benefit Plans for further discussion.