CSP (CSPI) 10-Q 14 Aug 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Jun. 30, 2017	Aug. 09, 2017
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		3,923,583
Amendment Flag	false
Entity Central Index Key	356,037
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	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Current assets:
Cash and cash equivalents	$ 16,001	$ 13,103
Accounts receivable, net of allowances of $248 and $240	20,307	18,997
Insurance Settlements Receivable, Current	832	567
Inventories, net	9,136	5,580
Deferred Costs, Current	2,215	635
Deferred income taxes	1,466	1,331
Other current assets	1,188	1,586
Total current assets	51,145	41,799
Property, equipment and improvements, net	1,547	1,680
Other assets:
Intangibles, net	197	287
Deferred Costs, Noncurrent	26	18
Deferred income taxes	1,741	1,723
Cash surrender value of life insurance	3,264	3,015
Other assets	187	185
Total other assets	5,415	5,228
Total assets	58,107	48,707
Current liabilities:
Accounts payable and accrued expenses	19,484	11,932
Deferred revenue	6,189	4,704
Pension and retirement plans	523	581
Income taxes payable	331	166
Total current liabilities	26,527	17,383
Pension and retirement plans	13,605	13,441
Other long term liabilities	28	228
Total liabilities	40,160	31,052
Commitments and contingencies
Shareholders’ equity:
Common stock, $.01 par value per share; authorized, 7,500 shares; issued and outstanding 3,923 and 3,821 shares, respectively	40	39
Additional paid-in capital	13,440	12,924
Retained earnings	16,415	16,623
Accumulated other comprehensive loss	(11,948)	(11,931)
Total shareholders’ equity	17,947	17,655
Total liabilities and shareholders’ equity	$ 58,107	$ 48,707

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) shares in Thousands, $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Statement of Financial Position [Abstract]
Allowances (in Dollars)	$ 248	$ 240
Common stock par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	7,500	7,500
Common stock, shares issued	3,923	3,821
Common stock, shares outstanding	3,923	3,821

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Sales:
Product	$ 23,512	$ 20,345	$ 56,834	$ 58,320
Services	7,020	6,567	18,930	19,407
Total sales	30,532	26,912	75,764	77,727
Cost of sales:
Product	19,934	16,460	48,037	47,750
Services	3,797	3,247	10,779	11,249
Total cost of sales	23,731	19,707	58,816	58,999
Gross profit	6,801	7,205	16,948	18,728
Operating expenses:
Engineering and development	578	779	1,747	2,368
Selling, general and administrative	5,163	4,573	13,621	13,286
Total operating expenses	5,741	5,352	15,368	15,654
Operating income	1,060	1,853	1,580	3,074
Other income (expense):
Foreign exchange gain (loss)	(14)	(55)	68	(118)
Other expense, net	(13)	(21)	(34)	(47)
Total other income (expense)	(27)	(76)	34	(165)
Income before income taxes	1,033	1,777	1,614	2,909
Income tax expense	338	520	533	866
Net income	695	1,257	1,081	2,043
Net income attributable to common stockholders	$ 664	$ 1,198	$ 1,035	$ 1,959
Net income (loss) per share – basic (in Dollars per share)	$ 0.18	$ 0.33	$ 0.28	$ 0.54
Weighted average shares outstanding – basic (in Shares)	3,744	3,618	3,713	3,599
Net income (loss) per share – diluted (in Dollars per share)	$ 0.17	$ 0.32	$ 0.27	$ 0.52
Weighted average shares outstanding – diluted (in Shares)	3,819	3,743	3,811	3,733

Unaudited Consolidated Stateme5

Unaudited Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 695	$ 1,257	$ 1,081	$ 2,043
Other comprehensive income:
Foreign currency translation gain adjustments	(79)	21	(17)	144
Other comprehensive income (loss)	(79)	21	(17)	144
Total comprehensive income	$ 616	$ 1,278	$ 1,064	$ 2,187

Unaudited Consolidated Stateme6

Unaudited Consolidated Statement of Shareholders' Equity - 9 months ended Jun. 30, 2017 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Sep. 30, 2016	$ 17,655	$ 39	$ 12,924	$ 16,623	$ (11,931)
Balance (in Shares) at Sep. 30, 2016	3,821	3,821
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 1,081			1,081
Other comprehensive income	(17)				(17)
Exercise of Stock Options	15		15
Exercise of Stock Options (in shares)		5
Stock-based compensation	411		411
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures		(8)
Restricted stock issuance	1	$ 1
Restricted stock issuance (in Shares)		94
Stock Issued During Period, Value, Employee Stock Purchase Plan	90		90
Stock Issued During Period, Shares, Employee Stock Purchase Plans		11
Dividends, Cash	1,289			1,289
Balance at Jun. 30, 2017	$ 17,947	$ 40	$ 13,440	$ 16,415	$ (11,948)
Balance (in Shares) at Jun. 30, 2017	3,923	3,923

Unaudited Consolidated Stateme7

Unaudited Consolidated Statement of Shareholders' Equity (Parentheticals) - $ / shares	3 Months Ended	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Statement of Stockholders' Equity [Abstract]
Dividends per share	$ 0.11	$ 0.33

Unaudited Consolidated Stateme8

Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows provided by operating activities:
Net income	$ 1,081	$ 2,043
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	408	445
Amortization of intangibles	90	97
Loss on sale of fixed assets, net	(6)	(23)
Foreign exchange gain (loss)	(68)	118
Non-cash changes in accounts receivable	39	103
Non-cash changes in inventories	165	431
Stock-based compensation expense on stock options and restricted stock awards	411	300
Deferred income taxes	(136)	(22)
Increase in cash surrender value of life insurance	(99)	(78)
Changes in operating assets and liabilities:
Increase in accounts receivable	(1,509)	(1,017)
Payments for (Proceeds from) Life Insurance Policies	413	0
Increase in inventories	(3,702)	(500)
Increase (Decrease) in Deferred Charges	(1,495)	438
Decrease in refundable income taxes	0	43
Increase in other current assets	(19)	(686)
Decrease in other assets	0	71
Increase (decrease) in accounts payable and accrued expenses	7,489	(708)
Increase in deferred revenue	1,345	707
Decrease in pension and retirement plans liabilities	(14)	(124)
Increase in income taxes payable	169	840
Increase (decrease) in other long term liabilities	(193)	6
Net cash provided by operating activities	4,381	2,530
Cash flows used in investing activities:
Life insurance premiums paid	(150)	(161)
Purchases of property, equipment and improvements	(273)	(486)
Net cash used in investing activities	(423)	(647)
Cash flows used in financing activities:
Dividends paid	(1,289)	(1,250)
Proceeds from issuance of shares under equity compensation plans	106	72
Net cash used in financing activities	(1,183)	(1,178)
Effects of exchange rate on cash	123	(296)
Net increase in cash and cash equivalents	2,898	409
Cash and cash equivalents, beginning of period	13,103	11,181
Cash and cash equivalents, end of period	16,001	11,590
Supplementary cash flow information:
Cash paid for income taxes	469	37
Cash paid for interest	$ 75	$ 85

Basis of Presentation

Basis of Presentation	9 Months Ended
	Jun. 30, 2017
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 consolidated financial statements, which are prepared in accordance with accounting principles generally accepted in the United States, have been omitted. Accordingly, the Company believes that although the disclosures are adequate to make the information presented not misleading, the unaudited consolidated 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, 2016 . Reclassifications Certain reclassifications have been made to prior year financial statements to conform to current period financial statement presentation with no effect on previously reported financial positions, results of operations or cash flows. The reclassification was to break out deferred costs separately from inventory on the balance sheet.

Use of Estimates

Use of Estimates	9 Months Ended
	Jun. 30, 2017
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, including estimates and assumptions related to reserves for bad debt, reserves for inventory obsolescence, the impairment assessment of intangible assets, the calculation of estimated selling price and post-delivery support obligations used for revenue recognition, the calculation of liabilities related to deferred compensation and retirement plans and the calculation of income tax liabilities. Actual results may differ from those estimates under different assumptions or conditions.

Earnings Per Share of Common St

Earnings Per Share of Common Stock	9 Months Ended
	Jun. 30, 2017
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 For the nine months ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (Amounts in thousands except per share data) Net income $ 695 $ 1,257 $ 1,081 $ 2,043 Less: net income attributable to nonvested common stock 31 59 46 84 Net income attributable to common stockholders $ 664 $ 1,198 $ 1,035 $ 1,959 Weighted average total shares outstanding – basic 3,921 3,797 3,876 3,754 Less: weighted average non-vested shares outstanding 177 179 163 155 Weighted average number of common shares outstanding – basic 3,744 3,618 3,713 3,599 Potential common shares from non-vested stock awards and the assumed exercise of stock options 75 125 98 134 Weighted average common shares outstanding – diluted 3,819 3,743 3,811 3,733 Net income per share – basic $ 0.18 $ 0.33 $ 0.28 $ 0.54 Net income per share – diluted $ 0.17 $ 0.32 $ 0.27 $ 0.52 All anti-dilutive securities, including certain stock options, are excluded from the diluted income per share computation. For the three and nine months ended June 30, 2017, there were no shares subject to stock options excluded from the diluted income per share calculation because their inclusion would have been anti-dilutive as their exercise price exceeded fair value. For the three and nine months ended June 30, 2016, 30,000 and 31,000 shares subject to stock options, respectively, were excluded from the diluted income per share calculation because their inclusion would have been anti-dilutive as their exercise price exceeded fair value.

Inventories

Inventories	9 Months Ended
	Jun. 30, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consist of the following: June 30, 2017 September 30, 2016 (Amounts in thousands) Raw materials $ 1,498 $ 1,658 Work-in-process 748 814 Finished goods 6,890 3,108 Total $ 9,136 $ 5,580 Finished goods includes inventory that has been shipped, but for which all revenue recognition criteria has not been met, of approximately $0.4 million and $0.1 million as of June 30, 2017 and September 30, 2016 , respectively. Total inventory balances in the table above are shown net of reserves for obsolescence of approximately $3.1 million and $3.0 million as of June 30, 2017 and September 30, 2016 , respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss are as follows: June 30, 2017 September 30, 2016 (Amounts in thousands) Cumulative effect of foreign currency translation $ (2,824 ) $ (2,807 ) Cumulative unrealized loss on pension liability (9,124 ) (9,124 ) Accumulated other comprehensive loss $ (11,948 ) $ (11,931 )

Pension and Retirement Plans

Pension and Retirement Plans	9 Months Ended
	Jun. 30, 2017
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 some of its employees. In the U.S., the Company provides benefits through supplemental retirement plans to certain 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 since September 2009. 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. The Company's 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 June 30, 2017 2016 Foreign U.S. Total Foreign U.S. Total (Amounts in thousands) Pension: Service cost $ 10 $ — $ 10 $ 9 $ — $ 9 Interest cost 97 11 108 146 11 157 Expected return on plan assets (68 ) — (68 ) (92 ) — (92 ) Amortization of: Prior service gain — — — — — — Amortization of net gain (loss) 94 (1 ) 93 44 (1 ) 43 Net periodic benefit cost $ 133 $ 10 $ 143 $ 107 $ 10 $ 117 Post Retirement: Service cost $ — $ 10 $ 10 $ — $ 7 $ 7 Interest cost — 10 10 — 11 11 Amortization of net gain (loss) — 4 4 — (21 ) (21 ) Net periodic cost (benefit) $ — $ 24 $ 24 $ — $ (3 ) $ (3 ) For the Nine Months Ended June 30, 2017 2016 Foreign U.S. Total Foreign U.S. Total (Amounts in thousands) Pension: Service cost $ 29 $ — $ 29 $ 27 $ — $ 27 Interest cost 285 32 317 442 32 474 Expected return on plan assets (198 ) — (198 ) (281 ) — (281 ) Amortization of: Prior service gain — — — — — — Amortization of net gain (loss) 276 (3 ) 273 134 (3 ) 131 Net periodic benefit cost $ 392 $ 29 $ 421 $ 322 $ 29 $ 351 Post Retirement: Service cost $ — $ 29 $ 29 $ — $ 20 $ 20 Interest cost — 33 33 — 32 32 Amortization of net gain (loss) — 11 11 — (60 ) (60 ) Net periodic cost (benefit) $ — $ 73 $ 73 $ — $ (8 ) $ (8 ) The fair value of the assets held by the U.K. pension plan by asset category are as follows: Fair Values as of June 30, 2017 September 30, 2016 Fair Value Measurements Using Inputs Considered as Fair Value Measurements Using Inputs Considered as Asset Category Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 (Amounts in thousands) Cash on deposit $ 71 $ 71 $ — $ — $ 86 $ 86 $ — $ — Pooled funds 7,817 — 7,817 — 7,543 — 7,543 — Total plan assets $ 7,888 $ 71 $ 7,817 $ — $ 7,629 $ 86 $ 7,543 $ —

Segment Information

Segment Information	9 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Information	Segment Information The following tables presents certain operating segment information for the three and nine months ended June 30, 2017 and June 30, 2016 . Technology Solutions Segment For the three months ended June 30, High Performance Products Segment Germany United Kingdom U.S. Total Consolidated Total (Amounts in thousands) 2017 Sales: Product $ 1,635 $ 428 $ 1,748 $ 19,701 $ 21,877 $ 23,512 Service 1,680 3,675 252 1,413 5,340 7,020 Total sales 3,315 4,103 2,000 21,114 27,217 30,532 Income (loss) from operations 388 (282 ) 58 896 672 1,060 Assets 17,277 16,509 2,078 22,243 40,830 58,107 Capital expenditures 32 17 — 46 63 95 Depreciation and amortization 58 46 2 63 111 169 2016 Sales: Product $ 3,354 $ 1,074 $ 1,805 $ 14,112 $ 16,991 $ 20,345 Service 2,248 2,892 325 1,102 4,319 6,567 Total sales 5,602 3,966 2,130 15,214 21,310 26,912 Income (loss) from operations 1,585 (139 ) (10 ) 417 268 1,853 Assets 17,486 13,306 2,641 14,966 30,913 48,399 Capital expenditures 28 30 60 23 113 141 Depreciation and amortization 59 36 39 57 132 191 Technology Solutions Segment For the nine months ended June 30, High Performance Products Segment Germany United Kingdom U.S. Total Consolidated Total (Amounts in thousands) 2017 Sales: Product $ 5,155 $ 4,827 $ 4,611 $ 42,241 $ 51,679 $ 56,834 Service 4,331 10,803 565 3,231 14,599 18,930 Total sales 9,486 15,630 5,176 45,472 66,278 75,764 Income (loss) from operations 802 (124 ) (183 ) 1,085 778 1,580 Assets 17,277 16,509 2,078 22,243 40,830 58,107 Capital expenditures 90 104 — 79 183 273 Depreciation and amortization 168 137 7 186 330 498 2016 Sales: Product $ 8,165 $ 4,365 $ 5,150 $ 40,640 $ 50,155 $ 58,320 Service 3,712 11,691 777 3,227 15,695 19,407 Total sales 11,877 16,056 5,927 43,867 65,850 77,727 Income (loss) from operations 661 1,042 (58 ) 1,429 2,413 3,074 Assets 17,486 13,306 2,641 14,966 30,913 48,399 Capital expenditures 193 149 93 51 293 486 Depreciation and amortization 176 118 77 171 366 542 Income (loss) from operations consists of sales less cost of sales, engineering and development expenses, and selling, general and administrative expenses but is not affected by either other income/expense or by income taxes expense/benefit. 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 and nine months ended June 30, 2017 , and 2016 . For the three months ended June 30, For the nine months ended June 30, 2017 2016 2017 2016 Customer Revenues % of Total Revenues Customer Revenues % of Total Revenues Customer Revenues % of Total Revenues Customer Revenues % of Total Revenues (dollars in millions) Customer A $ 8.2 27 % $ 3.6 13 % $ 14.8 20 % $ 12.0 15 % Customer B $ 2.3 7 % $ 3.1 11 % $ 8.3 11 % $ 10.7 14 % Customer C $ 1.8 6 % $ 2.8 10 % $ 4.1 5 % $ 4.5 6 % In addition, accounts receivable from Customer A totaled approximately $3.7 million , or 18% , and approximately $3.0 million , or 15% , of total consolidated accounts receivable as of June 30, 2017 and September 30, 2016, respectively. Accounts receivable from Customer B totaled approximately $2.2 million , or 10% , and approximately $2.5 million , or 13% , of total consolidated accounts receivable as of June 30, 2017 and September 30, 2016, respectively. Accounts receivable from Customer C totaled approximately $0.5 million , or 2% , and approximately $0.4 million , or 2% , of total consolidated accounts receivable as of June 30, 2017 and September 30, 2016, respectively. We believe that the Company is not exposed to any significant credit risk with respect to the accounts receivable with these customers as of June 30, 2017 . No other customers accounted for 10% or more of total consolidated accounts receivable as of June 30, 2017 or September 30, 2016.

Dividend

Dividend	9 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Dividend	Dividends On January 12, 2017, the Company's board of directors declared a cash dividend of $0.11 per share which was paid on February 8, 2017 to shareholders of record as of January 27, 2017, the record date. On February 23, 2017, the Company's board of directors declared a cash dividend of $0.11 per share which was paid on March 17, 2017 to shareholders of record as of March 3, 2017, the record date. On May 24, 2017, the Company's board of directors declared a cash dividend of $0.11 per share which was paid on June 15, 2017 to shareholders of record as of June 1, 2017, the record date.

Recent Accounting Pronouncement

Recent Accounting Pronouncements (Notes)	9 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Recent Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update, or ASU, No. 2014 ‑09 , Revenue from Contracts with Customers , which outlines a comprehensive model for entities to use in accounting for revenue arising from contracts with customers. This ASU clarifies the principles for recognizing revenue by, among other things, removing inconsistencies in revenue requirements, improving comparability of revenue recognition practices across entities and industries and providing improved disclosure requirements. In August 2015, the FASB approved a one year deferral of the effective date for this ASU to interim and annual reporting periods beginning after December 15, 2017; however, early adoption at the original effective date is still permitted. While the Company has begun its assessment of the new standard, it has not yet selected a transition method nor has it determined the effect the standard will have on its ongoing financial reporting. In August 2014, the FASB issued ASU No. 2014-15 (Subtopic 205-40), Presentation of Financial Statements-Going Concern (Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern) to provide guidance in GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. The standard, which applies to annual and interim reporting periods for all entities, requires that management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. The amendments in this Topic are effective for financial statements issued for annual periods beginning after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company does not expect the implementation of this ASU to have a material impact on our consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330) Simplifying the Measurement of Inventory , which requires entities to measure inventory at the lower of cost or net realizable value, except for inventory measured using last-in, first-out (LIFO) or the retail inventory method. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. This ASU is effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017 and requires prospective application, with early adoption permitted as of the beginning of an interim or annual reporting period. The Company has not yet assessed the potential impact of implementing this ASU on our consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740) Balance Sheet Classification of Deferred Taxes, which require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this Topic apply to all entities that present a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in this Topic. The amendments in this Topic are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The implementation of this guidance is not expected to have a material impact to the disclosures on our consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This updated Topic 842 affects any entity that enters into a lease (as that term is defined in this Update), with some specified scope exemptions. The guidance in this Update supersedes Topic 840, Leases. The amendments in this Topic are effective for financial statements issued for annual periods beginning after December 15, 2018, and interim periods within those annual periods. The Company has not yet assessed the potential impact of implementing this ASU on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-08 (Topic 606), Principal versus Agent Considerations (Reporting Revenue Gross versus Net) to clarify the implementation guidance on principal versus agent considerations. The amendments in this update provides additional guidance on indicators to assist an entity in determining whether it controls a specified good or service before it is transferred to the customer and does not change the core principle of previously issued guidance. The amendments in this Topic are effective for financial statements issued for annual periods beginning after December 15, 2017, and interim periods within those annual periods. The Company does not expect the implementation of this ASU to have a material impact on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09 (Topic 718), Compensation - Stock Compensation, Improvements to Employee Share-Based Payment Accounting to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. Additionally, the amendments eliminate the guidance in Topic 718 that was indefinitely deferred shortly after the issuance of FASB Statement No. 123 (revised 2004), Share-Based Payment. This should not result in a change in practice because the guidance that is being superseded was never effective. The amendments in this Topic are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company does not expect the implementation of this ASU to have a material impact on our consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04 (Topic 350), Intangibles - Goodwill and Other (Simplifying the Test for Goodwill Impairment) to simplify the subsequent measurement of goodwill. The amendments in this update provides for the elimination of Step 2, which required an entity to perform procedures to determine the fair value at the impairment testing date of its assets and liabilities (including unrecognized assets and liabilities) including those procedures that would be required in determining the fair value of assets acquired and liabilities assumed in a business combination. The amendments in this update define an impairment loss as the excess of the carrying amount of the intangible assets to the fair value of a reporting unit. The amendments in this Topic are effective for financial statements issued for annual periods beginning after December 15, 2019, and early adoption is permitted for interim or annual goodwill impairment tests performed on testing after January 1, 2017. The Company does not expect the implementation of this ASU to have a material impact on our consolidated financial statements. In March 2017, the FASB issued ASU No. 2017-07 (Topic 715), Compensation - Retirement Benefits (Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost) to improve the presentation of net periodic pension cost and net periodic postretirement benefit cost by requiring employers disaggregate the service cost component from the other components of net benefit cost. The amendments in this Topic are effective for financial statements issued for annual periods beginning after December 15, 2017, and early adoption is permitted as of the beginning of an annual period for which financial statements (interim or annual) have not been issued or made available for issuance. The Company does not expect the implementation of this ASU to have a material impact on our consolidated financial statements. In May 2017, the FASB issued ASU No. 2017-09 (Topic 718), Compensation - Stock Compensation (Scope of Modification Accounting) to provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718 in order to reduce both (1) the diversity in practice and (2) the cost and complexity of applying the guidance in Topic 718. The amendments in this Topic are effective for financial statements issued for annual periods beginning after December 15, 2017, and early adoption is permitted as of the beginning of an annual period for which financial statements (interim or annual) have not been issued or made available for issuance. The Company does not expect the implementation of this ASU to have a material impact on our consolidated financial statements.

Deferred Costs (Notes)

Deferred Costs (Notes)	9 Months Ended
	Jun. 30, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	Deferred Costs Deferred costs represent costs of labor, third party maintenance and support contracts, and outside consultants related to transactions where the revenue recognition criteria has not been met.

Earnings Per Share of Common 19

Earnings Per Share of Common Stock (Tables)	9 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	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 For the nine months ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (Amounts in thousands except per share data) Net income $ 695 $ 1,257 $ 1,081 $ 2,043 Less: net income attributable to nonvested common stock 31 59 46 84 Net income attributable to common stockholders $ 664 $ 1,198 $ 1,035 $ 1,959 Weighted average total shares outstanding – basic 3,921 3,797 3,876 3,754 Less: weighted average non-vested shares outstanding 177 179 163 155 Weighted average number of common shares outstanding – basic 3,744 3,618 3,713 3,599 Potential common shares from non-vested stock awards and the assumed exercise of stock options 75 125 98 134 Weighted average common shares outstanding – diluted 3,819 3,743 3,811 3,733 Net income per share – basic $ 0.18 $ 0.33 $ 0.28 $ 0.54 Net income per share – diluted $ 0.17 $ 0.32 $ 0.27 $ 0.52

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Jun. 30, 2017
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Inventories consist of the following: June 30, 2017 September 30, 2016 (Amounts in thousands) Raw materials $ 1,498 $ 1,658 Work-in-process 748 814 Finished goods 6,890 3,108 Total $ 9,136 $ 5,580

Accumulated Other Comprehensi21

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive loss are as follows: June 30, 2017 September 30, 2016 (Amounts in thousands) Cumulative effect of foreign currency translation $ (2,824 ) $ (2,807 ) Cumulative unrealized loss on pension liability (9,124 ) (9,124 ) Accumulated other comprehensive loss $ (11,948 ) $ (11,931 )

Pension and Retirement Plans (T

Pension and Retirement Plans (Tables)	9 Months Ended
	Jun. 30, 2017
Compensation and Retirement Disclosure [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The fair value of the assets held by the U.K. pension plan by asset category are as follows: Fair Values as of June 30, 2017 September 30, 2016 Fair Value Measurements Using Inputs Considered as Fair Value Measurements Using Inputs Considered as Asset Category Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 (Amounts in thousands) Cash on deposit $ 71 $ 71 $ — $ — $ 86 $ 86 $ — $ — Pooled funds 7,817 — 7,817 — 7,543 — 7,543 — Total plan assets $ 7,888 $ 71 $ 7,817 $ — $ 7,629 $ 86 $ 7,543 $ —
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 June 30, 2017 2016 Foreign U.S. Total Foreign U.S. Total (Amounts in thousands) Pension: Service cost $ 10 $ — $ 10 $ 9 $ — $ 9 Interest cost 97 11 108 146 11 157 Expected return on plan assets (68 ) — (68 ) (92 ) — (92 ) Amortization of: Prior service gain — — — — — — Amortization of net gain (loss) 94 (1 ) 93 44 (1 ) 43 Net periodic benefit cost $ 133 $ 10 $ 143 $ 107 $ 10 $ 117 Post Retirement: Service cost $ — $ 10 $ 10 $ — $ 7 $ 7 Interest cost — 10 10 — 11 11 Amortization of net gain (loss) — 4 4 — (21 ) (21 ) Net periodic cost (benefit) $ — $ 24 $ 24 $ — $ (3 ) $ (3 ) For the Nine Months Ended June 30, 2017 2016 Foreign U.S. Total Foreign U.S. Total (Amounts in thousands) Pension: Service cost $ 29 $ — $ 29 $ 27 $ — $ 27 Interest cost 285 32 317 442 32 474 Expected return on plan assets (198 ) — (198 ) (281 ) — (281 ) Amortization of: Prior service gain — — — — — — Amortization of net gain (loss) 276 (3 ) 273 134 (3 ) 131 Net periodic benefit cost $ 392 $ 29 $ 421 $ 322 $ 29 $ 351 Post Retirement: Service cost $ — $ 29 $ 29 $ — $ 20 $ 20 Interest cost — 33 33 — 32 32 Amortization of net gain (loss) — 11 11 — (60 ) (60 ) Net periodic cost (benefit) $ — $ 73 $ 73 $ — $ (8 ) $ (8 )

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Jun. 30, 2017
Operating Segment Information
Segment Reporting Information [Line Items]
Schedule of Revenue by Major Customers by Reporting Segments	The following tables presents certain operating segment information for the three and nine months ended June 30, 2017 and June 30, 2016 . Technology Solutions Segment For the three months ended June 30, High Performance Products Segment Germany United Kingdom U.S. Total Consolidated Total (Amounts in thousands) 2017 Sales: Product $ 1,635 $ 428 $ 1,748 $ 19,701 $ 21,877 $ 23,512 Service 1,680 3,675 252 1,413 5,340 7,020 Total sales 3,315 4,103 2,000 21,114 27,217 30,532 Income (loss) from operations 388 (282 ) 58 896 672 1,060 Assets 17,277 16,509 2,078 22,243 40,830 58,107 Capital expenditures 32 17 — 46 63 95 Depreciation and amortization 58 46 2 63 111 169 2016 Sales: Product $ 3,354 $ 1,074 $ 1,805 $ 14,112 $ 16,991 $ 20,345 Service 2,248 2,892 325 1,102 4,319 6,567 Total sales 5,602 3,966 2,130 15,214 21,310 26,912 Income (loss) from operations 1,585 (139 ) (10 ) 417 268 1,853 Assets 17,486 13,306 2,641 14,966 30,913 48,399 Capital expenditures 28 30 60 23 113 141 Depreciation and amortization 59 36 39 57 132 191 Technology Solutions Segment For the nine months ended June 30, High Performance Products Segment Germany United Kingdom U.S. Total Consolidated Total (Amounts in thousands) 2017 Sales: Product $ 5,155 $ 4,827 $ 4,611 $ 42,241 $ 51,679 $ 56,834 Service 4,331 10,803 565 3,231 14,599 18,930 Total sales 9,486 15,630 5,176 45,472 66,278 75,764 Income (loss) from operations 802 (124 ) (183 ) 1,085 778 1,580 Assets 17,277 16,509 2,078 22,243 40,830 58,107 Capital expenditures 90 104 — 79 183 273 Depreciation and amortization 168 137 7 186 330 498 2016 Sales: Product $ 8,165 $ 4,365 $ 5,150 $ 40,640 $ 50,155 $ 58,320 Service 3,712 11,691 777 3,227 15,695 19,407 Total sales 11,877 16,056 5,927 43,867 65,850 77,727 Income (loss) from operations 661 1,042 (58 ) 1,429 2,413 3,074 Assets 17,486 13,306 2,641 14,966 30,913 48,399 Capital expenditures 193 149 93 51 293 486 Depreciation and amortization 176 118 77 171 366 542
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 and nine months ended June 30, 2017 , and 2016 . For the three months ended June 30, For the nine months ended June 30, 2017 2016 2017 2016 Customer Revenues % of Total Revenues Customer Revenues % of Total Revenues Customer Revenues % of Total Revenues Customer Revenues % of Total Revenues (dollars in millions) Customer A $ 8.2 27 % $ 3.6 13 % $ 14.8 20 % $ 12.0 15 % Customer B $ 2.3 7 % $ 3.1 11 % $ 8.3 11 % $ 10.7 14 % Customer C $ 1.8 6 % $ 2.8 10 % $ 4.1 5 % $ 4.5 6 %

Earnings Per Share of Common 24

Earnings Per Share of Common Stock (Detail) - shares	3 Months Ended	9 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Earnings Per Share [Abstract]
Weighted Average Number Diluted Shares Outstanding Adjustment	30,000	31,000

Earnings Per Share of Common 25

Earnings Per Share of Common Stock (Detail) - Basic and diluted earnings per share computations - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net income	$ 695	$ 1,257	$ 1,081	$ 2,043
Less: Net income attributable to nonvested common stock (in Dollars)	31	59	46	84
Net income attributable to common stockholders (in Dollars)	$ 664	$ 1,198	$ 1,035	$ 1,959
Weighted average total shares outstanding – basic	3,921	3,797	3,876	3,754
Less: weighted average non-vested shares outstanding	177	179	163	155
Weighted average number of common shares outstanding – basic	3,744	3,618	3,713	3,599
Potential common shares from non-vested stock awards and the assumed exercise of stock options	75	125	98	134
Weighted average common shares outstanding – diluted	3,819	3,743	3,811	3,733
Net income (loss) per share – basic (in Dollars per share)	$ 0.18	$ 0.33	$ 0.28	$ 0.54
Net income (loss) per share – diluted (in Dollars per share)	$ 0.17	$ 0.32	$ 0.27	$ 0.52

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Sep. 30, 2016
Inventory Disclosure [Abstract]
Finished goods inventory that has been shipped, but for which all revenue recognition criteria has not been met	$ 0.4	$ 0.1
Reservce for obsolescence	$ 3.1	$ 3

Inventories (Detail) - Inventor

Inventories (Detail) - Inventories - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 1,498	$ 1,658
Work-in-process	748	814
Finished goods	6,890	3,108
Total	$ 9,136	$ 5,580

Accumulated Other Comprehensi28

Accumulated Other Comprehensive Loss (Detail) - Components of Accumulated Other Comprehensive Loss - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Equity [Abstract]
Cumulative effect of foreign currency translation	$ (2,824)	$ (2,807)
Cumulative unrealized loss on pension liability	(9,124)	(9,124)
Accumulated other comprehensive loss	$ (11,948)	$ (11,931)

Pension and Retirement Plans (D

Pension and Retirement Plans (Detail) - Components of net periodic benefit costs - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Pension:
Pension:
Service cost	$ 10	$ 9	$ 29	$ 27
Interest cost	108	157	317	474
Expected return on plan assets	(68)	(92)	(198)	(281)
Amortization of:
Prior service gain	0	0	0	0
Amortization of net gain (loss)	93	43	273	131
Net periodic benefit cost	143	117	421	351
Post Retirement:
Pension:
Service cost	10	7	29	20
Interest cost	10	11	33	32
Amortization of:
Amortization of net gain (loss)	4	(21)	11	(60)
Net periodic benefit cost	24	(3)	73	(8)
Foreign | Pension:
Pension:
Service cost	10	9	29	27
Interest cost	97	146	285	442
Expected return on plan assets	(68)	(92)	(198)	(281)
Amortization of:
Prior service gain	0	0	0	0
Amortization of net gain (loss)	94	44	276	134
Net periodic benefit cost	133	107	392	322
Foreign | Post Retirement:
Pension:
Service cost	0	0	0	0
Interest cost	0	0	0	0
Amortization of:
Amortization of net gain (loss)	0	0	0	0
Net periodic benefit cost	0	0	0	0
U.S. | Pension:
Pension:
Service cost	0	0	0	0
Interest cost	11	11	32	32
Expected return on plan assets	0	0	0	0
Amortization of:
Prior service gain	0	0	0	0
Amortization of net gain (loss)	(1)	(1)	(3)	(3)
Net periodic benefit cost	10	10	29	29
U.S. | Post Retirement:
Pension:
Service cost	10	7	29	20
Interest cost	10	11	33	32
Amortization of:
Amortization of net gain (loss)	4	(21)	11	(60)
Net periodic benefit cost	$ 24	$ (3)	$ 73	$ (8)

Pension and Retirement Plans Fa

Pension and Retirement Plans Fair value of the assets held by the UK pension plan by asset catagory (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	$ 7,888	$ 7,629
Cash On Deposit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	71	86
Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	7,817	7,543
Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	71	86
Level 1 | Cash On Deposit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	71	86
Level 1 | Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	7,817	7,543
Fair Value, Inputs, Level 2 [Member] | Cash On Deposit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 2 [Member] | Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	7,817	7,543
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 3 [Member] | Cash On Deposit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	0	0
Fair Value, Inputs, Level 3 [Member] | Pooled Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Fair Value of Plan Assets	$ 0	$ 0

Segment Information (Detail) -

Segment Information (Detail) - The following table presents certain operating segment information - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Sep. 30, 2016
Sales:
Product	$ 23,512	$ 20,345	$ 56,834	$ 58,320
Service	7,020	6,567	18,930	19,407
Total sales	30,532	26,912	75,764	77,727
Income (loss) from operations	1,060	1,853	1,580	3,074
Assets	58,107	48,399	58,107	48,399	$ 48,707
Capital expenditures	95	141	273	486
Depreciation and amortization	169	191	498	542
High Performance Products Segment
Sales:
Product	1,635	3,354	5,155	8,165
Service	1,680	2,248	4,331	3,712
Total sales	3,315	5,602	9,486	11,877
Income (loss) from operations	388	1,585	802	661
Assets	17,277	17,486	17,277	17,486
Capital expenditures	32	28	90	193
Depreciation and amortization	58	59	168	176
Germany
Sales:
Product	428	1,074	4,827	4,365
Service	3,675	2,892	10,803	11,691
Total sales	4,103	3,966	15,630	16,056
Income (loss) from operations	(282)	(139)	(124)	1,042
Assets	16,509	13,306	16,509	13,306
Capital expenditures	17	30	104	149
Depreciation and amortization	46	36	137	118
United Kingdom
Sales:
Product	1,748	1,805	4,611	5,150
Service	252	325	565	777
Total sales	2,000	2,130	5,176	5,927
Income (loss) from operations	58	(10)	(183)	(58)
Assets	2,078	2,641	2,078	2,641
Capital expenditures	0	60	0	93
Depreciation and amortization	2	39	7	77
U.S.
Sales:
Product	19,701	14,112	42,241	40,640
Service	1,413	1,102	3,231	3,227
Total sales	21,114	15,214	45,472	43,867
Income (loss) from operations	896	417	1,085	1,429
Assets	22,243	14,966	22,243	14,966
Capital expenditures	46	23	79	51
Depreciation and amortization	63	57	186	171
Total
Sales:
Product	21,877	16,991	51,679	50,155
Service	5,340	4,319	14,599	15,695
Total sales	27,217	21,310	66,278	65,850
Income (loss) from operations	672	268	778	2,413
Assets	40,830	30,913	40,830	30,913
Capital expenditures	63	113	183	293
Depreciation and amortization	$ 111	$ 132	$ 330	$ 366

Segment Information (Detail) 32

Segment Information (Detail) - Major customers - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Sep. 30, 2016
Segment Reporting Information [Line Items]
Segment Reporting, Disclosure of Major Customers	.1	.1	0.1	.1
percent of accounts receivable			10.00%	10.00%
Customer A
Segment Reporting Information [Line Items]
Amount (in Dollars)	$ 8.2	$ 3.6	$ 14.8	$ 12
% of Total Revenues	27.00%	13.00%	20.00%	15.00%
Accounts Receivable, Gross	$ 3.7		$ 3.7		$ 3
concentration risk, percentage, accounts receivable	18.00%		18.00%		15.00%
Customer B
Segment Reporting Information [Line Items]
Amount (in Dollars)	$ 2.3	$ 3.1	$ 8.3	$ 10.7
% of Total Revenues	7.00%	11.00%	11.00%	14.00%
Accounts Receivable, Gross	$ 2.2		$ 2.2		$ 2.5
concentration risk, percentage, accounts receivable	10.00%		10.00%		13.00%
Customer C [Member]
Segment Reporting Information [Line Items]
Amount (in Dollars)	$ 1.8	$ 2.8	$ 4.1	$ 4.5
% of Total Revenues	6.00%	10.00%	5.00%	6.00%
Accounts Receivable, Gross	$ 0.5		$ 0.5		$ 0.4
concentration risk, percentage, accounts receivable	2.00%		2.00%		2.00%

Dividend (Detail)

Dividend (Detail) - $ / shares	3 Months Ended	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Equity [Abstract]
Dividends per share	$ 0.11	$ 0.33