CSP (CSPI) 10-Q 14 Feb 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Dec. 31, 2013	Feb. 10, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'CSP INC /MA/	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--09-30	'
Entity Common Stock, Shares Outstanding	'	3,571,041
Amendment Flag	'false	'
Entity Central Index Key	'0000356037	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	31-Dec-13	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Sep. 30, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$13,942	$18,619
Accounts receivable, net of allowances of $292 and $242	16,963	13,529
Inventories	6,599	4,791
Refundable income taxes	565	624
Deferred income taxes	1,350	1,313
Other current assets	2,852	2,042
Total current assets	42,271	40,918
Property, equipment and improvements, net	1,510	1,420
Other assets:	'	'
Intangibles, net	642	410
Deferred income taxes	1,779	1,771
Cash surrender value of life insurance	2,520	2,481
Other assets	156	225
Total other assets	5,097	4,887
Total assets	48,878	47,225
Current liabilities:	'	'
Accounts payable and accrued expenses	11,942	10,503
Deferred revenue	3,548	3,816
Pension and retirement plans	757	746
Deferred Income Taxes	149	0
Income taxes payable	0	60
Total current liabilities	16,396	15,125
Pension and retirement plans	8,714	8,660
Deferred Income Taxes	103	0
Other long term liabilities	415	405
Total liabilities	25,628	24,190
Commitments and contingencies	'	'
Shareholders’ equity:	'	'
Common stock, $.01 par value per share; authorized, 7,500 shares; issued and outstanding 3,571 and 3,496 shares, respectively	36	35
Additional paid-in capital	11,212	11,137
Retained earnings	17,717	17,728
Accumulated other comprehensive loss	-5,715	-5,865
Total shareholders’ equity	23,250	23,035
Total liabilities and shareholders’ equity	$48,878	$47,225

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (USD $)	Dec. 31, 2013	Sep. 30, 2013
In Thousands, except Per Share data, unless otherwise specified
Allowances (in Dollars)	$292	$242
Common stock par value (in Dollars per share)	$0.01	$0.01
Common stock, shares authorized	7,500	7,500
Common stock, shares issued	3,571	3,496
Common stock, shares outstanding	3,571	3,496

Unaudited_Consolidated_Stateme

Unaudited Consolidated Statements of Operations (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Sales:	'	'
Product	$14,749	$15,305
Services	6,583	5,565
Total sales	21,332	20,870
Cost of sales:	'	'
Product	12,583	13,224
Services	4,078	3,469
Amortization of inventory step up and intangibles	138	0
Total cost of sales	16,799	16,693
Gross profit	4,533	4,177
Operating expenses:	'	'
Engineering and development	635	444
Selling, general and administrative	4,020	3,560
Total operating expenses	4,655	4,004
Business Combination, Bargain Purchase, Gain Recognized, Amount	462	0
Operating income	340	173
Other income (expense):	'	'
Foreign exchange gain (loss)	-26	13
Other income (expense), net	0	46
Total other income (expense), net	-26	59
Income before income taxes	314	232
Income tax expense (benefit)	-32	117
Net income	346	115
Net income attributable to common stockholders	$335	$113
Net income (loss) per share – basic (in Dollars per share)	$0.10	$0.03
Weighted average shares outstanding – basic (in Shares)	3,431	3,363
Net income (loss) per share – diluted (in Dollars per share)	$0.10	$0.03
Weighted average shares outstanding – diluted (in Shares)	3,474	3,407

Unaudited_Consolidated_Stateme1

Unaudited Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Net income	$346	$115
Other comprehensive income:	'	'
Foreign currency translation gain adjustments	150	56
Other comprehensive income	150	56
Total comprehensive income	$496	$171

Unaudited_Consolidated_Stateme2

Unaudited Consolidated Statement of Shareholders' Equity (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
In Thousands, unless otherwise specified
Balance at Sep. 30, 2013	$23,035	$35	$11,137	$17,728	($5,865)
Balance (in Shares) at Sep. 30, 2013	3,496	3,496	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'
Net income	346	'	'	346	'
Other comprehensive income	150	'	'	'	150
Exercise of stock options, shares	'	1	'	'	'
Exercise of stock options	6	'	6	'	'
Stock-based compensation	69	'	69	'	'
Restricted stock issuance	1	1	0	'	'
Restricted stock issuance (in Shares)	'	74	'	'	'
Cash dividends on common stock ($0.10 per share)	-357	'	'	-357	'
Balance at Dec. 31, 2013	$23,250	$36	$11,212	$17,717	($5,715)
Balance (in Shares) at Dec. 31, 2013	3,571	3,571	'	'	'

Unaudited_Consolidated_Stateme3

Unaudited Consolidated Statement of Shareholders' Equity (Parentheticals) (USD $)	1 Months Ended	3 Months Ended
	Dec. 17, 2013	Dec. 31, 2013
Statement of Stockholders' Equity [Abstract]	'	'
Dividends per share	$0.10	$0.10

Unaudited_Consolidated_Stateme4

Unaudited Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:	'	'
Net income	$346	$115
Adjustments to reconcile net income to net cash used in operating activities:	'	'
Business Combination, Bargain Purchase, Gain Recognized, Amount	-462	0
Depreciation and amortization	210	102
Amortization of intangibles	29	21
Gain on sale of fixed assets, net	0	-17
Foreign exchange (gain) loss	26	-13
Non-cash changes in accounts receivable	50	-49
Inventory Write-down	75	12
Stock-based compensation expense on stock options and restricted stock awards	69	30
Deferred income taxes	-160	-42
Increase in cash surrender value of life insurance	-37	-26
Changes in operating assets and liabilities:	'	'
Increase in accounts receivable	-3,366	-4,101
Decrease in officer life insurance receivable	0	2,172
Increase (decrease) in inventories	-835	561
(Increase) decrease in refundable income taxes	62	16
Increase in other current assets	-655	-691
(Increase) decrease in other assets	69	-135
Increase in accounts payable and accrued expenses	1,289	150
Decrease in deferred revenue	-309	-28
Decrease in pension and retirement plans liability	-71	-66
Decrease in income taxes payable	-60	-134
Increase in other long term liabilities	10	10
Net cash used in operating activities	-3,720	-2,113
Cash flows from investing activities:	'	'
Life insurance premiums paid	-2	-2
Proceeds from the sale of fixed assets	0	17
Payments to Acquire Businesses, Net of Cash Acquired	-500	0
Purchases of property, equipment and improvements	-273	-135
Net cash used in investing activities	-775	-120
Cash flows from financing activities:	'	'
Dividends, Cash	-357	-689
Proceeds from issuance of shares from exercise of employee stock options	6	0
Net cash used in financing activities	-351	-689
Effects of exchange rate on cash	169	144
Net decrease in cash and cash equivalents	-4,677	-2,778
Cash and cash equivalents, beginning of period	18,619	'
Cash and cash equivalents, end of period	13,942	'
Supplementary cash flow information:	'	'
Cash paid for income taxes	89	303
Cash paid for interest	85	85
Noncash or Part Noncash Acquisition, Value of Assets Acquired	1,214	0
Dividends Accrued	$357	$0

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The accompanying consolidated financial statements have been prepared by the Company, without audit, and reflect all adjustments which, in the opinion of management, are necessary for a fair statement of the results of the interim periods presented. All adjustments were of a normal recurring nature. Certain information and footnote disclosures normally included in the annual financial statements, which are prepared in accordance with accounting principles generally accepted in the United States, have been condensed or omitted. Accordingly, the Company believes that although the disclosures are adequate to make the information presented not misleading, the unaudited financial statements should be read in conjunction with the footnotes contained in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2013.

Use_of_Estimates

Use of Estimates	3 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Use of Estimates	'
	Use of Estimates
	The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates under different assumptions or conditions.

Acquisition_Notes

Acquisition (Notes)	3 Months Ended
	Dec. 31, 2013
Business Combinations [Abstract]	'
Acquisitions	'
	Acquired Business
	On November 4, 2013 the Company acquired substantially all of the assets of Myricom, Inc.  Myricom has been integrated into the Systems business segment.  Prior to our acquisition, Myricom was a manufacturer of high performance interconnect computing devices and software.  The Company acquired Myricom in order to obtain (i) Myricom’s interconnect technology, which is critical to our latest MultiComputer products and (ii) a strong base of new customers in commercial growth markets.  The Company also retained key Myricom technical personnel.  Myricom was a key supplier to CSPI’s MultiComputer Division.  Its interconnect technology is an important component of the latest generation MultiComputer products that we currently supply to our customers.
	Although Myricom was an established business, prior to our acquisition it had previously sold off a significant portion of its business and was faced with the likelihood of having to shut down operations if it could not find a buyer to purchase its remaining assets.  This was because the revenue that Myricom was able to generate from these remaining assets was not sufficient to support its cost structure so as to enable Myricom to operate at a profit.  These factors contributed to a purchase price that resulted in the recognition of a bargain purchase gain.  The Company paid total cash consideration of approximately $0.5 million to acquire substantially all of the assets of Myricom and incurred approximately $0.1 million for the assumption of certain other liabilities.  The purchase of Myricom resulted in the recognition of a bargain purchase price of approximately $0.5 million.  The bargain purchase price gain is shown net of the federal and state tax effect.
	The purchase price was allocated as follows:
		(Amounts in Thousands)
	Inventory	$	1,030
	Property & equipment	17
	Intangibles	260
	Gross assets acquired	1,307
	Product warranty liability assumed	(93		)
	Net assets acquired	1,214
	Less: asset purchase price	500
	Bargain purchase gain before tax	714
	Deferred tax on bargain purchase gain	(252		)
	Bargain purchase gain, net of tax effect	$	462
	Management's estimates and assumptions are subject to change upon the finalization of the valuation and may be adjusted. The purchase price allocation from which the inventory, property and intangible assets were derived has not been finalized. The preliminary allocation of the purchase price for accounting purposes was based upon preliminary estimates and assumptions that are subject to change upon the finalization of the valuations.
	The results of operations of Myricom for the period November 4 - December 31, 2013, are included in the Company’s consolidated statement of operations for the three months ended December 31, 2013.
	The following proforma condensed combined financial information gives effect to the acquisition of Myricom as if it were consummated on October 1, 2012 (the beginning of the comparable prior reporting period), and includes proforma adjustments related to the bargain purchase gain, amortization of inventory step-up and acquired intangible assets. The proforma condensed combined financial information is presented for informational purposes only. The proforma condensed combined financial information is not intended to represent or be indicative of the results of operations that would have been reported had the acquisition occurred on October 1, 2012 and should not be taken as representative of future results of operations of the combined company.
	The following table presents the proforma condensed combined financial information (in thousands, except per share amounts):
		For the three months ended
		31-Dec-13			31-Dec-12
		(Amounts in thousands except per share data)
	Revenue	$	21,951		$	22,747
	Net income (loss)	$	35		$	(834	)
	Net income (loss) per share – basic	$	0.01		$	(0.24	)
	Net income (loss) per share – diluted	$	0.01		$	(0.24	)

Earnings_Per_Share_of_Common_S

Earnings Per Share of Common Stock	3 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share of Common Stock	'
	Earnings Per Share of Common Stock
	Basic net income per common share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted net income per common share reflects the maximum dilution that would have resulted from the assumed exercise and share repurchase related to dilutive stock options and is computed by dividing net income by the assumed weighted average number of common shares outstanding.
	We are required to present earnings per share, or EPS, utilizing the two class method because we had outstanding, non-vested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents, which are considered participating securities.
	Basic and diluted earnings per share computations for the Company’s reported net income attributable to common stockholders are as follows:
		For the three months ended
		31-Dec-13		31-Dec-12
		(Amounts in thousands except per share data)
	Net income	$	346	$	115
	Less: Net income attributable to nonvested common stock	11		2
	Net income attributable to common stockholders	$	335	$	113
	Weighted average total shares outstanding – basic	3,545		3,426
	Less: weighted average non-vested shares outstanding	114		63
	Weighted average number of common shares outstanding – basic	3,431		3,363
	Potential common shares from non-vested stock awards and the assumed exercise of stock options	43		44
	Weighted average common shares outstanding – diluted	3,474		3,407
	Net income per share – basic	$	0.1	$	0.03
	Net income per share – diluted	$	0.1	$	0.03
	All anti-dilutive securities, including certain stock options, are excluded from the diluted income per share computation. For the three months ended December 31, 2013 and 2012, 49,000 and 197,000 options, respectively, were excluded from the diluted income per share calculation because their inclusion would have been anti-dilutive.

Inventories

Inventories	3 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Inventories	'
	Inventories
	Inventories consist of the following:
		December 31, 2013		September 30, 2013
		(Amounts in thousands)
	Raw materials	$	2,379	$	1,587
	Work-in-process	1,204		404
	Finished goods	3,016		2,800
	Total	$	6,599	$	4,791
	Finished goods includes inventory that has been shipped, but for which all revenue recognition criteria has not been met, of approximately $0.3 million and $0.5 million as of December 31, 2013 and September 30, 2013, respectively.
	Total inventory balances in the table above are shown net of reserves for obsolescence of approximately $4.5 million and $4.6 million as of December 31, 2013 and September 30, 2013, respectively.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	3 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
Accumulated Other Comprehensive Loss	'
	Accumulated Other Comprehensive Loss
	The components of accumulated other comprehensive loss are as follows:
		December 31, 2013			September 30, 2013
		(Amounts in thousands)
	Cumulative effect of foreign currency translation	$	(2,006	)	$	(2,156	)
	Additional minimum pension liability	(3,709		)	(3,709		)
	Accumulated other comprehensive loss	$	(5,715	)	$	(5,865	)

Pension_and_Retirement_Plans

Pension and Retirement Plans	3 Months Ended
	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'
Pension and Retirement Plans	'
	Pension and Retirement Plans
	The Company has defined benefit and defined contribution plans in the United Kingdom, Germany and the U.S. In the United Kingdom and Germany, the Company provides defined benefit pension plans and defined contribution plans for the majority of its employees. In the U.S., the Company provides benefits through supplemental retirement plans to certain current and former employees. The domestic supplemental retirement plans have life insurance policies which are not plan assets but were purchased by the Company as a vehicle to fund the costs of the plan. Domestically, the Company also provides for officer death benefits through post-retirement plans to certain officers.  All of the Company’s defined benefit plans are closed to newly hired employees and have been for the two years ended September 30, 2013 and for the three months ended December 31, 2013.
	The Company funds its pension plans in amounts sufficient to meet the requirements set forth in applicable employee benefits laws and local tax laws. Liabilities for amounts in excess of these funding levels are accrued and reported in the consolidated balance sheets.
	Our pension plan in the United Kingdom is the only plan with plan assets. The plan assets consist of an investment in a commingled fund which in turn comprises a diversified mix of assets including corporate equity securities, government securities and corporate debt securities.
	The components of net periodic benefit costs related to the U.S. and international plans are as follows:
		For the Three Months Ended December 31,
		2013									2012
		Foreign			U.S.			Total			Foreign			U.S.			Total
		(Amounts in thousands)
	Pension:
	Service cost	$	11		$	—		$	11		$	15		$	—		$	15
	Interest cost	190			17			207			173			16			189
	Expected return on plan assets	(115		)	—			(115		)	(104		)	—			(104		)
	Amortization of:
	Prior service gain	—			—			—			—			—			—
	Amortization of net gain	23			(2		)	21			36			6			42
	Net periodic benefit cost	$	109		$	15		$	124		$	120		$	22		$	142
	Post Retirement:
	Service cost	$	—		$	3		$	3		$	—		$	—		$	—
	Interest cost	—			11			11			—			9			9
	Amortization of net gain	—			(36		)	(36		)	—			(46		)	(46		)
	Net periodic benefit cost	$	—		$	(22	)	$	(22	)	$	—		$	(37	)	$	(37	)

Segment_Information

Segment Information	3 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Segment Information	'
	Segment Information
	The following table presents certain operating segment information.
						Service and System Integration Segment
	For the Three Months Ended December 31,		Systems			Germany				United			U.S.		Total		Consolidated
			Segment							Kingdom							Total
			(Amounts in thousands)
	2013
	Sales:
	Product		$	1,006		$	1,401			$	647		$	11,695	$	13,743	$	14,749
	Service		1,283			4,188				328			784		5,300		6,583
	Total sales		2,289			5,589				975			12,479		19,043		21,332
	Profit (loss) from operations		142			(81		)		31			248		198		340
	Assets		15,304			13,134				3,379			17,061		33,574		48,878
	Capital expenditures		61			87				23			102		212		273
	Depreciation and amortization		52			46				4			137		187		239
	2012
	Sales:
	Product		$	96		$	2,064			$	154		$	12,991	$	15,209	$	15,305
	Service		957			3,204				302			1,102		4,608		5,565
	Total sales		1,053			5,268				456			14,093		19,817		20,870
	Profit (loss) from operations		(373		)	(147		)		—			693		546		173
	Assets		16,914			13,527				3,524			16,849		33,900		50,814
	Capital expenditures		41			55				3			36		94		135
	Depreciation and amortization		37			42				5			39		86		123
	Profit (loss) from operations consists of sales less cost of sales, engineering and development, selling, general and administrative expenses but is not affected by either non-operating charges/income or by income taxes. Non-operating charges/income consists principally of investment income and interest expense.  All intercompany transactions have been eliminated.
	The following table lists customers from which the Company derived revenues in excess of 10% of total revenues for the three-month periods ended December 31, 2013, and 2012.
			For the three months ended,
			December 31, 2013						December 31, 2012
			Amount			% of			Amount			% of
						Revenues						Revenues
		(dollars in millions)
	Customer A		$	6.1		29	%		$	5.1		24	%
	Customer B		$	3.3		15	%		$	2.6		12	%

Fair_Value_Measures

Fair Value Measures	3 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Measures	'
	Fair Value Measures
	Assets and Liabilities measured at fair value on a recurring basis are as follows:
		Fair Value Measurements Using
		Level 1		Level 2		Level 3		Total
								Balance
		As of December 31, 2013
		(Amounts in thousands)
	Assets:
	Money Market funds	$	1,255	$	—	$	—	$	1,255
	Total assets measured at fair value	$	1,255	$	—	$	—	$	1,255
		As of September 30, 2013
		(Amounts in thousands)
	Assets:
	Money Market funds	$	3,503	$	—	$	—	$	3,503
	Total assets measured at fair value	$	3,503	$	—	$	—	$	3,503
	These assets are included in cash and cash equivalents in the accompanying consolidated balance sheets.  All other monetary assets and liabilities are short-term in nature and approximate their fair value. The Company did not have any transfers between Level 1, Level 2 or Level 3 measurements.
	The Company had no liabilities measured at fair value as of December 31, 2013 or September 30, 2013. The Company had no assets or liabilities measured at fair value on a non recurring basis as of December 31, 2013 or September 30, 2013.

Dividend

Dividend	3 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
Dividend	'
	Dividend
	On December 17, 2013, our board of directors declared a cash dividend of $0.10 per share which was paid on January 7, 2014 to stockholders of record as of December 27, 2013, the record date.

Acquisition_Tables

Acquisition (Tables)	3 Months Ended
	Dec. 31, 2013
Business Combinations [Abstract]	'
Schedule of Purchase Price Allocation	'
	The purchase price was allocated as follows:
		(Amounts in Thousands)
	Inventory	$	1,030
	Property & equipment	17
	Intangibles	260
	Gross assets acquired	1,307
	Product warranty liability assumed	(93		)
	Net assets acquired	1,214
	Less: asset purchase price	500
	Bargain purchase gain before tax	714
	Deferred tax on bargain purchase gain	(252		)
	Bargain purchase gain, net of tax effect	$	462
Business Acquisition, Pro Forma Information	'
	The following table presents the proforma condensed combined financial information (in thousands, except per share amounts):
		For the three months ended
		31-Dec-13			31-Dec-12
		(Amounts in thousands except per share data)
	Revenue	$	21,951		$	22,747
	Net income (loss)	$	35		$	(834	)
	Net income (loss) per share – basic	$	0.01		$	(0.24	)
	Net income (loss) per share – diluted	$	0.01		$	(0.24	)

Earnings_Per_Share_of_Common_S1

Earnings Per Share of Common Stock (Tables)	3 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted	'
	Basic and diluted earnings per share computations for the Company’s reported net income attributable to common stockholders are as follows:
		For the three months ended
		31-Dec-13		31-Dec-12
		(Amounts in thousands except per share data)
	Net income	$	346	$	115
	Less: Net income attributable to nonvested common stock	11		2
	Net income attributable to common stockholders	$	335	$	113
	Weighted average total shares outstanding – basic	3,545		3,426
	Less: weighted average non-vested shares outstanding	114		63
	Weighted average number of common shares outstanding – basic	3,431		3,363
	Potential common shares from non-vested stock awards and the assumed exercise of stock options	43		44
	Weighted average common shares outstanding – diluted	3,474		3,407
	Net income per share – basic	$	0.1	$	0.03
	Net income per share – diluted	$	0.1	$	0.03

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Dec. 31, 2013
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current	'
	Inventories consist of the following:
		December 31, 2013		September 30, 2013
		(Amounts in thousands)
	Raw materials	$	2,379	$	1,587
	Work-in-process	1,204		404
	Finished goods	3,016		2,800
	Total	$	6,599	$	4,791

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss)	'
	The components of accumulated other comprehensive loss are as follows:
		December 31, 2013			September 30, 2013
		(Amounts in thousands)
	Cumulative effect of foreign currency translation	$	(2,006	)	$	(2,156	)
	Additional minimum pension liability	(3,709		)	(3,709		)
	Accumulated other comprehensive loss	$	(5,715	)	$	(5,865	)

Pension_and_Retirement_Plans_T

Pension and Retirement Plans (Tables)	3 Months Ended
	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'
Schedule of Net Benefit Costs	'
	The components of net periodic benefit costs related to the U.S. and international plans are as follows:
		For the Three Months Ended December 31,
		2013									2012
		Foreign			U.S.			Total			Foreign			U.S.			Total
		(Amounts in thousands)
	Pension:
	Service cost	$	11		$	—		$	11		$	15		$	—		$	15
	Interest cost	190			17			207			173			16			189
	Expected return on plan assets	(115		)	—			(115		)	(104		)	—			(104		)
	Amortization of:
	Prior service gain	—			—			—			—			—			—
	Amortization of net gain	23			(2		)	21			36			6			42
	Net periodic benefit cost	$	109		$	15		$	124		$	120		$	22		$	142
	Post Retirement:
	Service cost	$	—		$	3		$	3		$	—		$	—		$	—
	Interest cost	—			11			11			—			9			9
	Amortization of net gain	—			(36		)	(36		)	—			(46		)	(46		)
	Net periodic benefit cost	$	—		$	(22	)	$	(22	)	$	—		$	(37	)	$	(37	)

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Dec. 31, 2013
Operating Segment Information	'
Segment Reporting Information [Line Items]	'
Schedule of Revenue by Major Customers by Reporting Segments	'
	The following table presents certain operating segment information.
						Service and System Integration Segment
	For the Three Months Ended December 31,		Systems			Germany				United			U.S.		Total		Consolidated
			Segment							Kingdom							Total
			(Amounts in thousands)
	2013
	Sales:
	Product		$	1,006		$	1,401			$	647		$	11,695	$	13,743	$	14,749
	Service		1,283			4,188				328			784		5,300		6,583
	Total sales		2,289			5,589				975			12,479		19,043		21,332
	Profit (loss) from operations		142			(81		)		31			248		198		340
	Assets		15,304			13,134				3,379			17,061		33,574		48,878
	Capital expenditures		61			87				23			102		212		273
	Depreciation and amortization		52			46				4			137		187		239
	2012
	Sales:
	Product		$	96		$	2,064			$	154		$	12,991	$	15,209	$	15,305
	Service		957			3,204				302			1,102		4,608		5,565
	Total sales		1,053			5,268				456			14,093		19,817		20,870
	Profit (loss) from operations		(373		)	(147		)		—			693		546		173
	Assets		16,914			13,527				3,524			16,849		33,900		50,814
	Capital expenditures		41			55				3			36		94		135
	Depreciation and amortization		37			42				5			39		86		123
Revenues in Excess of 10 Percent of Total Revenues	'
Segment Reporting Information [Line Items]	'
Schedule of Revenue by Major Customers by Reporting Segments	'
	The following table lists customers from which the Company derived revenues in excess of 10% of total revenues for the three-month periods ended December 31, 2013, and 2012.
			For the three months ended,
			December 31, 2013						December 31, 2012
			Amount			% of			Amount			% of
						Revenues						Revenues
		(dollars in millions)
	Customer A		$	6.1		29	%		$	5.1		24	%
	Customer B		$	3.3		15	%		$	2.6		12	%

Fair_Value_Measures_Tables

Fair Value Measures (Tables)	3 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	'
	Assets and Liabilities measured at fair value on a recurring basis are as follows:
		Fair Value Measurements Using
		Level 1		Level 2		Level 3		Total
								Balance
		As of December 31, 2013
		(Amounts in thousands)
	Assets:
	Money Market funds	$	1,255	$	—	$	—	$	1,255
	Total assets measured at fair value	$	1,255	$	—	$	—	$	1,255
		As of September 30, 2013
		(Amounts in thousands)
	Assets:
	Money Market funds	$	3,503	$	—	$	—	$	3,503
	Total assets measured at fair value	$	3,503	$	—	$	—	$	3,503

Acquisition_Details

Acquisition (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Nov. 04, 2013
Business Combinations [Abstract]	'	'	'
Payments to Acquire Businesses, Net of Cash Acquired	$500	$0	'
Business Acquisition, Purchase Price Allocation, Liabilities Assumed	'	'	-93
Business Combination, Bargain Purchase, Gain Recognized, Amount	$462	$0	'

Acquisition_Purchase_Price_All

Acquisition Purchase Price Allocation (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Nov. 04, 2013
Business Combinations [Abstract]	'	'	'
Business Acquisition, Purchase Price Allocation, Current Assets, Inventory	'	'	$1,030
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	'	'	17
Business Acquisition, Purchase Price Allocation, Intangible Assets Other than Goodwill	'	'	260
Business Acquisition, Purchase Price Allocation, Assets Acquired	'	'	1,307
Business Acquisition, Purchase Price Allocation, Liabilities Assumed	'	'	-93
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	'	'	1,214
Payments to Acquire Businesses, Net of Cash Acquired	500	0	'
Bargain purchase gain before tax	714	'	'
Deferred tax on bargain purchase gain	-252	'	'
Business Combination, Bargain Purchase, Gain Recognized, Amount	$462	$0	'

Acquisition_Condensed_Pro_Form

Acquisition Condensed Pro Forma Combined Financial Information (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Business Combinations [Abstract]	'	'
Business Acquisition, Pro Forma Revenue	$21,951	$22,747
Business Acquisition, Pro Forma Net Income (Loss)	$35	($834)
Business Acquisition, Pro Forma Earnings Per Share, Basic	$0.01	($0.24)
Business Acquisition, Pro Forma Earnings Per Share, Diluted	$0.01	($0.24)

Earnings_Per_Share_of_Common_S2

Earnings Per Share of Common Stock (Detail)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share [Abstract]	'	'
Anti-dilutive securities excluded from diluted income per share calculation	49	197

Earnings_Per_Share_of_Common_S3

Earnings Per Share of Common Stock (Detail) - Basic and diluted earnings per share computations (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share [Abstract]	'	'
Net income	$346	$115
Less: Net income attributable to nonvested common stock (in Dollars)	11	2
Net income attributable to common stockholders (in Dollars)	$335	$113
Weighted average total shares outstanding – basic	3,545	3,426
Less: weighted average non-vested shares outstanding	114	63
Weighted average number of common shares outstanding – basic	3,431	3,363
Potential common shares from non-vested stock awards and the assumed exercise of stock options	43	44
Weighted average common shares outstanding – diluted	3,474	3,407
Net income (loss) per share – basic (in Dollars per share)	$0.10	$0.03
Net income (loss) per share – diluted (in Dollars per share)	$0.10	$0.03

Inventories_Detail

Inventories (Detail) (USD $)	Dec. 31, 2013	Sep. 30, 2013
In Millions, unless otherwise specified
Inventory Disclosure [Abstract]	'	'
Finished goods inventory that has been shipped, but for which all revenue recognition criteria has not been met	$0.30	$0.50
Reservce for obsolescence	$4.50	$4.60

Inventories_Detail_Inventories

Inventories (Detail) - Inventories (USD $)	Dec. 31, 2013	Sep. 30, 2013
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]	'	'
Raw materials	$2,379	$1,587
Work-in-process	1,204	404
Finished goods	3,016	2,800
Total	$6,599	$4,791

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Loss (Detail) - Components of Accumulated Other Comprehensive Loss (USD $)	Dec. 31, 2013	Sep. 30, 2013
In Thousands, unless otherwise specified
Equity [Abstract]	'	'
Cumulative effect of foreign currency translation	($2,006)	($2,156)
Additional minimum pension liability	-3,709	-3,709
Accumulated other comprehensive loss	($5,715)	($5,865)

Pension_and_Retirement_Plans_D

Pension and Retirement Plans (Detail)	3 Months Ended
	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]	'
Number of years defined benefit plans are closed to newly hired employees	'2 years

Pension_and_Retirement_Plans_D1

Pension and Retirement Plans (Detail) - Components of net periodic benefit costs (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Pension:	'	'
Pension:	'	'
Service cost	$11	$15
Interest cost	207	189
Expected return on plan assets	-115	-104
Amortization of:	'	'
Prior service gain	0	0
Amortization of net gain	21	42
Net periodic benefit cost	124	142
Post Retirement:	'	'
Pension:	'	'
Service cost	3	0
Interest cost	11	9
Amortization of:	'	'
Amortization of net gain	-36	-46
Net periodic benefit cost	-22	-37
Foreign | Pension:	'	'
Pension:	'	'
Service cost	11	15
Interest cost	190	173
Expected return on plan assets	-115	-104
Amortization of:	'	'
Prior service gain	0	0
Amortization of net gain	23	36
Net periodic benefit cost	109	120
Foreign | Post Retirement:	'	'
Pension:	'	'
Service cost	0	0
Interest cost	0	0
Amortization of:	'	'
Amortization of net gain	0	0
Net periodic benefit cost	0	0
U.S. | Pension:	'	'
Pension:	'	'
Service cost	0	0
Interest cost	17	16
Expected return on plan assets	0	0
Amortization of:	'	'
Prior service gain	0	0
Amortization of net gain	-2	6
Net periodic benefit cost	15	22
U.S. | Post Retirement:	'	'
Pension:	'	'
Service cost	3	0
Interest cost	11	9
Amortization of:	'	'
Amortization of net gain	-36	-46
Net periodic benefit cost	($22)	($37)

Segment_Information_Detail_The

Segment Information (Detail) - The following table presents certain operating segment information (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2013
Sales:	'	'	'
Product	$14,749	$15,305	'
Service	6,583	5,565	'
Total sales	21,332	20,870	'
Profit (loss) from operations	340	173	'
Assets	48,878	50,814	47,225
Capital expenditures	273	135	'
Depreciation and amortization	239	123	'
Systems Segment	'	'	'
Sales:	'	'	'
Product	1,006	96	'
Service	1,283	957	'
Total sales	2,289	1,053	'
Profit (loss) from operations	142	-373	'
Assets	15,304	16,914	'
Capital expenditures	61	41	'
Depreciation and amortization	52	37	'
Germany	'	'	'
Sales:	'	'	'
Product	1,401	2,064	'
Service	4,188	3,204	'
Total sales	5,589	5,268	'
Profit (loss) from operations	-81	-147	'
Assets	13,134	13,527	'
Capital expenditures	87	55	'
Depreciation and amortization	46	42	'
United Kingdom	'	'	'
Sales:	'	'	'
Product	647	154	'
Service	328	302	'
Total sales	975	456	'
Profit (loss) from operations	31	0	'
Assets	3,379	3,524	'
Capital expenditures	23	3	'
Depreciation and amortization	4	5	'
U.S.	'	'	'
Sales:	'	'	'
Product	11,695	12,991	'
Service	784	1,102	'
Total sales	12,479	14,093	'
Profit (loss) from operations	248	693	'
Assets	17,061	16,849	'
Capital expenditures	102	36	'
Depreciation and amortization	137	39	'
Total	'	'	'
Sales:	'	'	'
Product	13,743	15,209	'
Service	5,300	4,608	'
Total sales	19,043	19,817	'
Profit (loss) from operations	198	546	'
Assets	33,574	33,900	'
Capital expenditures	212	94	'
Depreciation and amortization	$187	$86	'

Segment_Information_Detail_Maj

Segment Information (Detail) - Major customers (USD $)	3 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Customer A	'	'
Segment Reporting Information [Line Items]	'	'
Amount (in Dollars)	$6.10	$5.10
% of Revenues	29.00%	24.00%
Customer B	'	'
Segment Reporting Information [Line Items]	'	'
Amount (in Dollars)	$3.30	$2.60
% of Revenues	15.00%	12.00%

Fair_Value_Measures_Detail_Ass

Fair Value Measures (Detail) - Assets and Liabilities measured at fair value on a recurring basis (USD $)	Dec. 31, 2013	Sep. 30, 2013
In Thousands, unless otherwise specified
Assets:	'	'
Money Market funds	$1,255	$3,503
Total assets measured at fair value	1,255	3,503
Level 1	'	'
Assets:	'	'
Money Market funds	1,255	3,503
Total assets measured at fair value	$1,255	$3,503

Dividend_Detail

Dividend (Detail) (USD $)	1 Months Ended	3 Months Ended
	Dec. 17, 2013	Dec. 31, 2013
Equity [Abstract]	'	'
Dividends per share	$0.10	$0.10