EMCORE (EMKR) 10-Q 4 Aug 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jun. 30, 2016	Aug. 02, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	EMCORE CORPORATION
Entity Central Index Key	808,326
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,016
Current Fiscal Year End Date	--09-30
Entity Filer Category	Accelerated Filer
Amendment Flag	false
Entity Common Stock, Shares Outstanding		26,138,607

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Revenue	$ 22,376	$ 21,194	$ 66,398	$ 58,667
Cost of revenue	14,964	13,511	44,563	39,426
Gross profit	7,412	7,683	21,835	19,241
Operating expense (income):
Selling, general, and administrative	6,125	4,543	15,771	19,124
Research and development	2,405	2,274	7,529	6,470
Recovery of previously incurred litigation related fees and expenses from arbitration award	(2,599)	0	(2,599)	0
Gain from change in estimate on ARO obligation	0	0	0	(845)
(Gain) loss on sale of assets	(41)	0	(41)	228
Total operating expense	5,890	6,817	20,660	24,977
Operating income (loss)	1,522	866	1,175	(5,736)
Other income (expense):
Interest income, net	32	4	40	39
Foreign exchange (loss) gain	(201)	50	(311)	101
Change in fair value of financial instruments	0	0	0	122
Total other (expense) income	(169)	54	(271)	262
Income (loss) from continuing operations before income tax (expense) benefit	1,353	920	904	(5,474)
Income tax (expense) benefit	(175)	(456)	(22)	1,852
Income (loss) from continuing operations	1,178	464	882	(3,622)
Income from discontinued operations, net of tax	123	1,976	5,388	65,242
Net income	1,301	2,440	6,270	61,620
Foreign exchange translation adjustment	(185)	170	(230)	(549)
Comprehensive income	$ 1,116	$ 2,610	$ 6,040	$ 61,071
Per share data:
Net income (loss) per basic share, continuing operations, (in usd per share)	$ 0.05	$ 0.02	$ 0.04	$ (0.11)
Net income per basic share, discontinued operations (in usd per share)	0	0.06	0.20	2.07
Net income per basic share (in usd per share)	0.05	0.08	0.24	1.96
Net income (loss) per diluted share, continuing operations (in usd per share)	0.05	0.02	0.04	(0.11)
Net income per diluted share, discontinued operations (in usd per share)	0	0.06	0.20	2.07
Net income per diluted share (in usd per share)	$ 0.05	$ 0.08	$ 0.24	$ 1.96
Weighted-average number of basic shares outstanding (in shares)	26,103	31,203	25,913	31,494
Weighted-average number of basic shares outstanding (in shares)	26,269	31,432	26,186	31,494

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Sep. 30, 2015
Current assets:
Cash and cash equivalents	$ 105,046	$ 111,885
Restricted cash	1,219	375
Accounts receivable, net of allowance of $53 and $462, respectively	21,630	17,319
Inventory	18,976	17,130
Prepaid expenses and other current assets	3,778	4,976
Total current assets	150,649	151,685
Property, plant, and equipment, net	11,001	8,925
Non-current inventory	4,270	0
Other non-current assets, net of allowance of $0 and $3,561, respectively	319	297
Total assets	166,239	160,907
Current liabilities:
Accounts payable	9,581	7,189
Deferred gain associated with sale of assets	0	3,400
Accrued expenses and other current liabilities	11,205	13,102
Total current liabilities	20,786	23,691
Asset retirement obligations	1,589	1,774
Other long-term liabilities	61	0
Total liabilities	22,436	25,465
Commitments and contingencies (Note 11)
Shareholders’ equity:
Preferred stock, $0.0001 par value, 5,882 shares authorized; none issued or outstanding	0	0
Common stock, no par value, 50,000 shares authorized; 33,041 shares issued and 26,131 shares outstanding as of June 30, 2016; 32,586 shares issued and 25,676 shares outstanding as of September 30, 2015	764,324	762,003
Treasury stock at cost; 6,910 shares at June 30, 2016 and September 30, 2015	(47,721)	(47,721)
Accumulated other comprehensive income	617	847
Accumulated deficit	(573,417)	(579,687)
Total shareholders’ equity	143,803	135,442
Total liabilities and shareholders’ equity	$ 166,239	$ 160,907

Condensed Consolidated Balance4

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Sep. 30, 2015
Accounts receivable:
Allowance for doubtful accounts	$ 53	$ 462
Other non-current assets:
Allowance for non-current assets	$ 0	$ 3,561
Shareholders’ equity:
Preferred stock, par value (in usd per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	5,882,000	5,882,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (USD per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	33,041,000	32,586,000
Common stock, shares outstanding (in shares)	26,131,000	25,676,000
Treasury stock, shares held (in shares)	6,910,000	6,910,000

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 6,270	$ 61,620
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation, amortization and accretion expense	1,696	2,346
Stock-based compensation expense	1,629	4,144
Deferred income taxes	0	24,080
Provision adjustments related to doubtful accounts	20	523
Provision adjustments related to product warranty	302	707
Change in fair value of financial instruments	0	(122)
Gain from change in estimate on ARO obligation	0	(845)
Reclassification of foreign currency translation adjustment	0	(744)
Recognition of previously deferred gain on sale of assets from discontinued operations	(3,804)	0
Gain on reduction of product warranty of discontinued operations	(423)	0
Gain on settlement of solar power assets and obligations	(689)	0
Gain on settlement of Newark lease	(310)	0
Net (gain) loss on disposal of equipment	(41)	237
Settlement of customer related warranty claim	0	(442)
Total non-cash adjustments	(1,620)	(59,068)
Changes in operating assets and liabilities:
Accounts receivable	(4,358)	6,828
Inventory	(6,420)	(3,026)
Other assets	120	(502)
Accounts payable	2,884	(2,979)
Accrued expenses and other current liabilities	(1,118)	(4,979)
Total change in operating assets and liabilities	(8,892)	(4,658)
Net cash used in operating activities	(4,242)	(2,106)
Cash flows from investing activities:
Purchase of equipment	(4,480)	(2,239)
(Increase) decrease in restricted cash	(844)	1,456
Receipt of escrow funds from sale of assets	1,853	0
Proceeds from disposal of property, plant and equipment	50	50
Net cash (used in) provided by investing activities	(3,421)	166,185
Cash flows from financing activities:
Payments on credit facilities	0	(26,518)
Repurchases of common stock	0	(45,618)
Proceeds from stock plans	614	1,362
Net cash provided by (used in) financing activities	614	(70,774)
Effect of exchange rate changes on foreign currency	210	137
Net (decrease) increase in cash and cash equivalents	(6,839)	93,442
Cash and cash equivalents at beginning of period	111,885	20,687
Cash and cash equivalents at end of period	105,046	114,129
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid during the period for interest	65	168
Cash paid during the period for income taxes	123	623
NON-CASH INVESTING AND FINANCING ACTIVITIES
Changes in accounts payable related to purchases of equipment	(432)	0
Issuance of common stock to Board of Directors	263	413
Photovoltaics Business [Member]
Adjustments to reconcile net income to net cash used in operating activities:
Gain on sale of business	0	(86,958)
Cash flows from investing activities:
Proceeds from sale of business	0	149,936
Digital Products Business [Member]
Adjustments to reconcile net income to net cash used in operating activities:
Gain on sale of business	0	(1,994)
Cash flows from investing activities:
Proceeds from sale of business	$ 0	$ 16,982

Description of Business

Description of Business	9 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business Business Overview EMCORE Corporation and its subsidiaries (referred to herein as the “Company”, “we”, “our”, or “EMCORE”), established in 1984 as a New Jersey corporation, designs and manufactures Indium Phosphide (InP) optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. EMCORE is a provider of optical components, as well as complete end-to-end solutions for high-speed communications network infrastructures enabling systems and service providers to meet growing demand for bandwidth and connectivity. EMCORE's advanced optical technologies are designed for Cable Television (CATV), Fiber-To-The-Premises (FTTP) networks, telecommunications and data centers, satellite communications, aerospace and defense, wireless networks, and broadcast and professional audio/video systems. With its InP semiconductor wafer fabrication facility, EMCORE has fully vertically-integrated manufacturing capability and also provides contract design, foundry and component packaging services. We currently have one reporting segment: Fiber Optics. Until the first quarter of fiscal year 2015, we operated as two segments: Fiber Optics and Photovoltaics. EMCORE's Solar Photovoltaics business, which was sold in December 2014, provided products for space power applications including high-efficiency multi-junction solar cells, Covered Interconnect Cells and complete satellite solar panels. In addition, EMCORE sold certain assets, and transferred certain liabilities, of the Company's telecommunications business, including the ITLA, micro-ITLA, T-TOSA and T-XFP product lines within the Company’s telecommunications business in January 2015. In addition to organic growth and development of our existing Fiber Optics market, we intend to pursue other strategies to enhance shareholder value, which may include acquisitions, investments in joint ventures, partnerships, and other strategic alternatives, such as dispositions, reorganizations, recapitalizations or other similar transactions, the repurchase of shares of our outstanding common stock or payment of dividends to our shareholders, and we may engage financial and other advisors to assist in these efforts. Accordingly, the Strategy and Alternatives Committee of the Board of Directors and our management may from time to time be engaged in evaluating potential strategic opportunities and may enter into definitive agreements with respect to such transactions or other strategic alternatives. Sale of Photovoltaics and Digital Products Businesses On September 17, 2014 , EMCORE entered into an Asset Purchase Agreement (the “Photovoltaics Agreement”) with SolAero Technologies Corporation ("SolAero") (formerly known as Photon Acquisition Corporation) pursuant to which SolAero acquired substantially all of the assets, and assumed substantially all of the liabilities, primarily related to or used in connection with the Company's photovoltaics business, including EMCORE's subsidiaries EMCORE Solar Power, Inc. and EMCORE IRB Company, LLC (collectively, the "Photovoltaics Business" and, the sale of the Photovoltaics Business, the "Photovoltaics Asset Sale") for $150.0 million in cash, prior to a $0.1 million working capital adjustment pursuant to the Photovoltaics Agreement finalized and paid by EMCORE during the fiscal year ended September 30, 2015 . On December 10, 2014 , EMCORE completed the Photovoltaics Asset Sale. On October 22, 2014 , EMCORE entered into an Asset Purchase Agreement (the "Digital Products Agreement") with NeoPhotonics Corporation, a Delaware corporation ("NeoPhotonics"), pursuant to which the Company sold certain assets, and transferred certain liabilities, of the Company's telecommunications business (the "Digital Products Business") to NeoPhotonics for an aggregate purchase price of $17.5 million , subject to certain adjustments. On January 2, 2015 , EMCORE completed the sale of the Digital Products Business for $1.5 million in cash and an adjusted Promissory Note balance of $15.5 million . On April 17, 2015 , NeoPhotonics paid in full the outstanding balance of the Promissory Note of $15.5 million , plus accrued interest of $0.2 million . No Photovoltaics Business or Digital Products Business assets or liabilities that were sold remain on the condensed consolidated balance sheet as of June 30, 2016 or September 30, 2015 . The financial results of the Photovoltaics Business and the Digital Products Business are presented as "discontinued operations" on the condensed consolidated statements of operations and comprehensive income for the three and nine months ended June 30, 2016 and 2015 . See Note 3 - Discontinued Operations for additional information. The notes to our condensed consolidated financial statements relate to our continuing operations only, unless otherwise indicated. Interim Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) for interim information, and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X of the Securities and Exchange Commission (SEC). Accordingly, they do not include all of the information and notes required by U.S. GAAP for annual financial statements. In our opinion, the interim financial statements reflect all normal adjustments that are necessary to provide a fair presentation of the financial results for the interim periods presented. Operating results for interim periods are not necessarily indicative of results that may be expected for an entire fiscal year. The condensed consolidated balance sheet as of September 30, 2015 has been derived from the audited consolidated financial statements as of such date. See Note 3 - Discontinued Operations for additional information. For a more complete understanding of our business, financial position, operating results, cash flows, risk factors and other matters, please refer to our Annual Report on Form 10-K for the fiscal year ended September 30, 2015 . All significant intercompany accounts and transactions have been eliminated in consolidation. We are not the primary beneficiary of, nor do we hold a significant variable interest in, any variable interest entity. We have evaluated subsequent events through the date that the financial statements were issued. Liquidity and Capital Resources Historically, we have consumed cash from operations and in most periods, we have incurred operating losses from continuing operations. We have managed our liquidity position through the sale of assets, and cost reduction initiatives, as well as, from time to time, borrowings from our Credit Facility and capital markets transactions. On June 15, 2015 , we completed the modified "Dutch auction" tender offer (the "Tender Offer") and purchased 6.9 million shares of our common stock at a purchase price of $6.55 per share, for an aggregate cost of $45.0 million excluding fees and expenses. Repurchased common stock was recorded to treasury stock. The Company incurred costs of $0.7 million in connection with the Tender Offer, which were recorded to treasury stock. On July 5, 2016 , the Company declared a special cash dividend of $1.50 per share, or a total of $39.2 million . The dividend was paid on July 29, 2016 to shareholders of record as of July 18, 2016 . See Note 14 - Subsequent Event for additional information. As of June 30, 2016 , cash and cash equivalents totaled $105.0 million and net working capital totaled approximately $129.9 million . Net working capital, calculated as current assets minus current liabilities, is a financial metric we use which represents available operating liquidity. For the nine months ended June 30, 2016 , we earned net income of $6.3 million . With respect to measures related to liquidity: We believe that our existing balances of cash and cash equivalents, cash flows from operations and amounts expected to be available under our Credit Facility will provide us with sufficient financial resources to meet our cash requirements for operations, working capital, and capital expenditures for at least the next twelve months, and thereafter for the foreseeable future. At the discretion of our Board, we may use our existing balances of cash and cash equivalents to provide liquidity to our shareholders through one or more special dividends or the repurchase of additional shares of our outstanding common stock, make investments in our other businesses, pursue other strategic opportunities or a combination thereof. In addition, should we require more capital than what is generated by our operations, for example to fund significant discretionary activities, such as business acquisitions, we could elect to raise capital in the U.S. through debt or equity issuances. These alternatives could result in higher effective tax rates, increased interest expense, and/or dilution of our earnings. We have borrowed funds in the past and continue to believe we have the ability to do so at reasonable interest rates. • Resolution of Outstanding Litigation : In June 2016 we collected $2.6 million in fees and costs from Sumitomo Electric Industries, Ltd. ("SEI") and $1.9 million held in escrow as the result of the favorable ruling from the SEI arbitration. See Note 11 - Commitments and Contingencies . • Sale of Photovoltaics Business : On December 10, 2014 , we completed the sale of our Photovoltaics Business for $150.0 million in cash prior to working capital adjustments of $0.1 million . • Sale of Digital Products Business : On January 2, 2015 , we completed the sale of our Digital Products Business for $1.5 million in cash and an adjusted Promissory Note balance of $15.5 million . On April 17, 2015 , NeoPhotonics paid in full the outstanding balance of the Promissory Note of $15.5 million , plus accrued interest of $0.2 million . • Credit Facility : On November 11, 2010, we entered into a Credit and Security Agreement (Credit Facility) with Wells Fargo Bank, National Association ("Wells Fargo"). The Credit Facility, as it has been amended through its seventh amendment on November 10, 2015 , currently provides us with a revolving credit line of up to $15.0 million through November 2018 that can be used for working capital requirements, letters of credit, and other general corporate purposes. The Credit Facility is secured by the Company's assets and is subject to a borrowing base formula based on the Company's eligible accounts receivable, inventory, and machinery and equipment accounts. See Note 9 - Credit Facilities for additional information.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Jun. 30, 2016
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements There have been no recent accounting pronouncements or changes in accounting pronouncements that are of significance, or of potential significance, to us other than those discussed below: • In March 2016, the FASB issued ASU 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 introduces targeted amendments intended to simplify the accounting for stock compensation. Specifically, the ASU requires all excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) to be recognized as income tax expense or benefit in the income statement. The new guidance is effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The new standard will be effective for our fiscal year beginning October 1, 2017 and early adoption is permitted. We are currently evaluating the impact of this accounting standard update on our Condensed Consolidated Financial Statements. • In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . ASU 2016-02 introduces a lessee model that requires recognition of assets and liabilities arising from qualified leases on the consolidated balance sheets and consolidated statements of operations and disclosure of qualitative and quantitative information about lease transactions. This guidance is effective for fiscal years beginning after December 15, 2018 and interim periods within those years. The new standard will be effective for our fiscal year beginning October 1, 2019 and early adoption is permitted. We are currently evaluating the impact of this accounting standard update on our Condensed Consolidated Financial Statements. • In November 2015, the FASB issued ASU 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. Under this guidance, organizations that present a classified balance sheet are required to classify all deferred taxes as non-current assets or non-current liabilities. The guidance is effective for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years, and early adoption is permitted. The Company early adopted the new standard in fiscal year 2016 and the accounting standard update did not have an impact on our Condensed Consolidated Financial Statements. • In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory . This standard requires inventory to be measured at the lower of cost and net realizable value. The guidance clarifies that net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This guidance is effective for fiscal years beginning after December 15, 2016 and interim periods within those fiscal years. The new standard will be effective for our fiscal year beginning October 1, 2017 and early adoption is permitted. We are currently evaluating the impact of this accounting standard update on our Condensed Consolidated Financial Statements. • In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers which will supersede most current U.S. GAAP guidance on this topic. I n April 2016, the FASB issued ASU No. 2016-10 , R evenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing to clarify two aspects of the guidance within ASU No. 2014-09 on identifying performance obligations and the licensing implementation guidance. Under the new standards, recognition of revenue occurs when the seller satisfies a performance obligation by transferring to the customer promised goods or services in an amount that reflects the consideration the entity expects to receive for those goods or services. The new standard, as amended in August 2015, will be effective for our fiscal year beginning October 1, 2018 and early adoption is permitted as of October 1, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. We anticipate this standard will not have a material impact on our Condensed Consolidated Financial Statements.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations Sale of Photovoltaics Business On September 17, 2014 , EMCORE entered into the Photovoltaics Agreement with SolAero pursuant to which the Company agreed to sell the Photovoltaics Business for $150.0 million in cash, prior to a working capital adjustment of $0.1 million . On December 10, 2014 , EMCORE completed the Photovoltaics Asset Sale. In connection with this transaction, we sold net assets of $60.3 million to SolAero and incurred transaction costs of $2.7 million . During the three months ended December 31, 2014, we recognized a gain of $56.8 million , net of tax on the sale of the Photovoltaics Business which was recorded within discontinued operations in the condensed consolidated statements of operations and comprehensive income. On December 22, 2015 , we settled all of the outstanding rights and obligations of a solar power venture in Spain, including outstanding non-current receivables, for a payment of $0.7 million . The outstanding non-current receivables had a net book value of $0 at the time of settlement as they were fully allowed for previously. The resulting gain was recorded in the discontinued operations of the Photovoltaics Business for the nine months ended June 30, 2016. No assets and liabilities of the Photovoltaics Business that were sold remain on the condensed consolidated balance sheet as of June 30, 2016 and September 30, 2015 . The financial results of the Photovoltaics Business are reported as discontinued operations for the three and nine months ended June 30, 2016 and 2015 . The following table presents the statements of operations for the discontinued operations of the Photovoltaics Business: For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Revenue $ — $ — $ — $ 12,614 Cost of revenue — — — 8,245 Gross profit — — — 4,369 Operating (income) expense (17 ) (374 ) (838 ) 2,057 Other income — — — 779 Gain on sale of discontinued operations — (64 ) — 86,958 Income from discontinued operations before income tax benefit (expense) 17 310 838 90,049 Income tax benefit (expense) 23 1,105 (5 ) (28,821 ) Income from discontinued operations, net of tax $ 40 $ 1,415 $ 833 $ 61,228 Included in discontinued operations during the three and nine months ended June 30, 2016 were $0 and $0.1 million , respectively, of New Mexico incentive tax credits received. The credits received resulted in cash refunds. There were no incentive tax credits received during the three and nine months ended June 30, 2015 . Sale of Digital Products Business On October 22, 2014 , EMCORE entered into an Asset Purchase Agreement with NeoPhotonics, pursuant to which the Company sold certain assets, and transferred certain liabilities, of the Company's Digital Products Business to NeoPhotonics for an aggregate purchase price of $17.5 million , subject to certain adjustments. On January 2, 2015 , EMCORE completed the sale of the Digital Products Business for $1.5 million in cash and an adjusted Promissory Note balance of $15.5 million . On April 17, 2015 , NeoPhotonics paid in full the outstanding balance of the Promissory Note of $15.5 million , plus accrued interest of $0.2 million . During the nine months ended June 30, 2015 , we recognized a gain of $2.0 million on the sale of the Digital Products Business which was recorded within discontinued operations in the condensed consolidated statements of operations and comprehensive income. In December 2015 , we entered into an agreement to terminate our lease and related obligations associated with a facility in Newark, California which we abandoned effective February 2016 following the sale of the Digital Products Business for a payment of $0.2 million . As a result of this agreement, we recorded a gain of $0.3 million on the lease termination in the discontinued operations of the Digital Products Business during the nine months ended June 30, 2016. See Note 8 - Accrued Expenses and Other Current Liabilities . Included in cost of revenue for the nine months ended June 30, 2016 is $0.4 million due to a reduction in expected product warranty liabilities from a settlement agreement associated with the Digital Products Business. During the nine months ended June 30, 2016 , we recognized the deferred gain of $3.4 million and reversal of other liabilities of $0.4 million , that had been recorded as of September 30, 2015 , resulting in a credit of $3.8 million to deferred gain on sale of assets within discontinued operations of the Digital Products Business as the result of the favorable ruling from the SEI arbitration. See Note 11 - Commitments and Contingencies . No assets or liabilities from the Digital Products Business remain on the condensed consolidated balance sheet as of June 30, 2016 and September 30, 2015 . The financial results of the Digital Products Business are reported as discontinued operations for the three and nine months ended June 30, 2016 and 2015 . The following table presents the statements of operations for the discontinued operations of the Digital Products Business: For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Revenue $ — $ 89 $ — $ 11,944 Cost of revenue — 27 (494 ) 9,138 Gross profit — 62 494 2,806 Operating expense (income) 45 (11 ) (285 ) 3,147 Recognition of previously deferred gain on sale of assets — — 3,804 — Gain on sale of discontinued operations — — 1,994 (Loss) income from discontinued operations before income tax benefit (expense) (45 ) 73 4,583 1,653 Income tax benefit (expense) 128 488 (28 ) 2,361 Income from discontinued operations $ 83 $ 561 $ 4,555 $ 4,014

Fair Value Accounting

Fair Value Accounting	9 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Accounting	Fair Value Accounting ASC 820, Fair Value Measurements, establishes a valuation hierarchy for disclosure of the inputs to valuation techniques used to measure fair value. This standard describes a fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value: • Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities. • Level 2 inputs are quoted prices for similar assets and liabilities in active markets or inputs that are observable for the assets or liabilities, either directly or indirectly, through market corroboration, for substantially the full term of the financial instrument. • Level 3 inputs are unobservable inputs based on our own assumptions used to measure assets or liabilities at fair value. Classification of an asset or liability within this hierarchy is determined based on the lowest level input that is significant to the fair value measurement. Valuation techniques used to measure fair value under ASC 820 must maximize the use of observable inputs and minimize the use of unobservable inputs. Cash consists primarily of bank deposits or, highly liquid short-term investments with a maturity of three months or less at the time of purchase. Restricted cash represents temporarily restricted deposits held as compensating balances against short-term borrowing arrangements. The carrying amounts of cash and cash equivalents, restricted cash, accounts receivable, prepaid expenses and other current assets, accounts payable, accrued expenses and other current liabilities approximate fair value because of the short maturity of these instruments.

Accounts Receivable

Accounts Receivable	9 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Accounts Receivable	Accounts Receivable The components of accounts receivable consisted of the following: As of As of (in thousands) June 30, September 30, 2015 Accounts receivable, gross $ 21,683 $ 17,781 Allowance for doubtful accounts (53 ) (462 ) Accounts receivable, net $ 21,630 $ 17,319 The allowance for doubtful accounts is based on the age of receivables and a specific identification of receivables considered at risk of collection.

Inventory

Inventory	9 Months Ended
	Jun. 30, 2016
Inventory Disclosure [Abstract]
Inventory	Inventory The components of inventory consisted of the following: As of As of (in thousands) June 30, September 30, 2015 Raw materials $ 14,712 $ 9,261 Work in-process 4,468 3,207 Finished goods 4,066 4,662 Inventory balance at end of period $ 23,246 $ 17,130 Current portion $ 18,976 $ 17,130 Non-Current portion 4,270 — Inventory balance at end of period $ 23,246 $ 17,130 The non-current inventory balance of $4.3 million as of June 30, 2016 is comprised entirely of raw materials which we acquired as part of a last time purchase as a result of the vendor announcing they would cease manufacturing a part.

Property, Plant, and Equipment,

Property, Plant, and Equipment, net	9 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property, Plant, and Equipment, net	Property, Plant, and Equipment, net The components of property, plant, and equipment, net consisted of the following: As of As of (in thousands) June 30, September 30, 2015 Equipment $ 26,895 $ 24,913 Furniture and fixtures 1,109 1,109 Computer hardware and software 2,611 2,177 Leasehold improvements 1,853 1,480 Construction in progress 1,446 875 Property, plant, and equipment, gross 33,914 30,554 Accumulated depreciation (22,913 ) (21,629 ) Property, plant, and equipment, net $ 11,001 $ 8,925

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	9 Months Ended
	Jun. 30, 2016
Payables and Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	Accrued Expenses and Other Current Liabilities The components of accrued expenses and other current liabilities consisted of the following: As of As of (in thousands) June 30, September 30, 2015 Compensation $ 3,899 $ 3,036 Warranty 974 1,664 Termination fee 2,925 2,775 Professional fees 616 1,147 Customer deposits 41 133 Deferred revenue — 65 Self insurance 95 606 Income and other taxes 966 1,038 Severance and restructuring accruals 901 1,448 Other 788 1,190 Accrued expenses and other current liabilities $ 11,205 $ 13,102 Compensation : Compensation is primarily comprised of accrued employee salaries, taxes and benefits. Termination fee : The termination fee relates to the contractual amount owed to a third party for terminating a prior joint venture agreement related to our Broadband and Digital Products lines of business. In July 2016, the Company and the third party agreed in principle to a final settlement amount of $2.9 million related to the termination fee. In the third quarter of fiscal year 2016, the Company recorded an increase in the accrued termination fee of $150,000 . Of this amount, $72,000 was recorded in continuing operations and $78,000 was recorded within discontinued operations in the Digital Products Business. Self-insurance : Prior to December 31, 2015, the Company provided health benefits to its employees under a self-insured (stop-loss) plan whereby the Company was responsible for substantially all amounts incurred by the provider related to the benefits provided to members of the plan. Effective January 1, 2016, the Company provides health benefits to its employees through a premium policy based plan and is only responsible for the premium payments for each employee insured under the plan. The balance as of June 30, 2016 relates to the amounts the Company is liable for prior to discontinuing the self-insurance plan. Income and other taxes : For the three months ended June 30, 2016 , the Company recorded income tax expense from continuing operations of approximately $0.2 million , and $0.2 million of income tax benefit within income from discontinued operations. For the nine months ended June 30, 2016 , the Company recorded income tax expense from continuing operations of approximately $22,000 , and $33,000 of income tax expense within income from discontinued operations. See Note 10 - Income and other Taxes . Severance and restructuring accruals : In the fourth quarter of fiscal year 2014, the Company’s former CEO announced his resignation which became effective in the second quarter of fiscal year 2015. The Company entered into a separation agreement with the individual that provided for among other things, the continuation of his base salary for up to 86 weeks, benefits for 18 months, outplacement services for a period of not more than one year and with a value not in excess of $15,000 and immediate vesting of all his outstanding non-vested equity awards. These payments were not contingent upon any future service by the individual. The Company recorded a charge of approximately $0.8 million in the fiscal year ended September 30, 2014 related to this separation agreement. In the first quarter of fiscal year 2015, the Company’s former Chief Administrative Officer and General Counsel and Secretary announced their resignations which became effective in the first quarter and second quarter of fiscal year 2015, respectively. The Company entered into separation agreements with each individual that provided for among other things, the continuation of their base salary (74 weeks for the Chief Administrative Officer and 68 weeks for the General Counsel and Secretary), benefits for 18 months, outplacement services for a period of not more than one year and with a value not in excess of $15,000 and immediate vesting of all their outstanding non-vested equity awards. These payments were not contingent upon any future service by either individual. The Company recorded charges of approximately $1.1 million in the nine months ended June 30, 2015 related to these separation agreements. In connection with the abandonment of our Newark, California facility following the closing of the sale of the Digital Products Business, we accrued for the remaining lease costs through the lease termination in May 2016 . In December 2015 , we entered into an agreement to terminate this lease and related obligations, including asset retirement obligations ("ARO"), as of February 2016 for a payment of $0.2 million . As a result of the agreement, we recorded a gain of $0.3 million on the lease termination. The resulting gain has been recorded in the discontinued operations of the Digital Products Business for the nine months ended June 30, 2016. See Note 3 - Discontinued Operations . On June 7, 2016 , Mark Weinswig notified the Company that he would resign as the Company's Chief Financial Officer, effective as of June 20, 2016 (the “Separation Date”). The Company and Mr. Weinswig entered into a separation agreement and general release, dated June 7, 2016 (the "Separation Agreement"), which includes mutual releases by Mr. Weinswig and the Company of all claims related to Mr. Weinswig's employment and service relationship with, and termination of employment and service from, the Company. The Separation Agreement provides, for among other things, the continuation of his base salary for 64 weeks , benefits for 16 months , outplacement services for a period of not more than 1 year and with a value not in excess of $15,000 and immediate vesting of all his outstanding non-vested equity awards, other than his most recent equity award. These payments are not contingent upon any future service by Mr. Weinswig. The Company recorded a charge of approximately $0.4 million in the third quarter of fiscal 2016 related to Mr. Weinswig's Separation Agreement. In an effort to better align our current and future business operations, in May 2016 the Company reduced its workforce by approximately 30 individuals and recorded a charge for severance for the affected employees in the amount of $0.3 million . Our severance and restructuring-related accruals specifically relate to the separation agreements discussed above and non-cancelable obligations associated with an abandoned leased facility. Expense related to severance and restructuring accruals is included in selling, general, and administrative expense on our statement of operations and comprehensive income. The following table summarizes the changes in the severance and restructuring-related accrual accounts: (in thousands) Severance-related accruals Restructuring- related accruals Total Balance as of September 30, 2015 $ 1,110 $ 338 $ 1,448 Expense - charged to accrual 720 — 720 Payments and accrual adjustments (929 ) (338 ) (1,267 ) Balance as of June 30, 2016 $ 901 $ — $ 901 Warranty: We generally provide product and other warranties on our components, power systems, and fiber optic products. Certain parts and labor warranties from our vendors can be assigned to our customers. Our reported financial position or results of operations may be materially different under changed conditions or when using different estimates and assumptions. In the event that estimates or assumptions prove to differ from actual results, adjustments are made in subsequent periods to reflect more current information. The following table summarizes the changes in our product warranty accrual accounts: Product Warranty Accruals For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Balance at beginning of period $ 1,102 $ 1,924 $ 1,664 $ 2,816 Provision for product warranty - expense 68 192 302 707 Adjustments and utilization of warranty accrual (196 ) (393 ) (992 ) (1,800 ) Balance at end of period $ 974 $ 1,723 $ 974 $ 1,723 The decrease in adjustments and utilization of the warranty accrual for the nine months ended June 30, 2016 compared to the same period in 2015 is the result of claims processed for one specific customer in continuing operations and the adjustment of two customer claims associated with our discontinued operations in the nine months ended June 30, 2015 .

Credit Facilities

Credit Facilities	9 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Credit Facilities	Credit Facilities On November 11, 2010, we entered into a Credit and Security Agreement (Credit Facility) with Wells Fargo Bank, National Association ("Wells Fargo"). The Credit Facility is secured by the Company's assets and is subject to a borrowing base formula based on the Company's eligible accounts receivable, inventory, and machinery and equipment accounts. On November 10, 2015 , we entered into a Seventh Amendment of the Credit Facility, which extended the maturity date of the facility to November 2018 and adjusted the interest rate to LIBOR plus 2.5% . The Credit Facility currently provides us with a revolving credit line of up to $15.0 million that can be used for working capital requirements, letters of credit, and other general corporate purposes. As of June 30, 2016 , there were no amounts outstanding under this Credit Facility and the Company was in compliance with all financial covenants. Also, as of June 30, 2016 , the Credit Facility had approximately $0.5 million reserved for one stand-by letters of credit and $9.9 million available for borrowing. As of August 4, 2016 , there was no outstanding balance under this Credit Facility.

Income and other Taxes

Income and other Taxes	9 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income and other Taxes	Income and other Taxes For the three months ended June 30, 2016 , the Company recorded income tax expense from continuing operations of approximately $0.2 million , and $0.2 million of income tax benefit within income from discontinued operations. For the nine months ended June 30, 2016 , the Company recorded income tax expense from continuing operations of approximately $22,000 , and $33,000 of income tax expense within income from discontinued operations. Income tax expense is comprised of estimated alternative minimum tax allocated between continuing operations and discontinued operations as prescribed by ASC 740 and foreign tax expense included within continuing operations. For the three months ended June 30, 2015 , the Company recorded $0.5 million of income tax expense from continuing operations income and $1.6 million of income tax benefit within income from discontinued operations. For the nine months ended June 30, 2015 , the Company recorded $1.9 million of income tax benefit from continuing operations losses and $26.5 million of income tax expense within income from discontinued operations. The income tax expense within discontinued operations included estimated alternative minimum tax and other adjustments prescribed by ASC 740 in allocating expected annual income tax expense (benefit) between continuing operations and discontinued operations. For the three months ended June 30, 2016 and 2015 , the effective tax rate on continuing operations was 12.9% and 49.6% , respectively. The lower tax rate for the three months ended June 30, 2016 was primarily due to permanent differences, state tax benefits, foreign rate differentials and changes in the Company's estimated results in the current year as compared to the prior year. The Company uses estimates to forecast the results from continuing operations for the current fiscal year as well as permanent differences between book and tax accounting. For the nine months ended June 30, 2016 and 2015 , the effective tax rate on continuing operations was 2.4% and 33.8% respectively. The lower tax rate for the nine months ended June 30, 2016 was primarily due to permanent differences, state tax benefits, foreign tax rate differentials and changes in the Company's estimated results in the current year as compared to the prior year. The Company uses estimates to forecast the results from continuing operations for the current fiscal year as well as permanent differences between book and tax accounting. We have not provided for U.S. federal and state income taxes on non-U.S. subsidiaries' undistributed earnings as of June 30, 2016 because we plan to indefinitely reinvest the unremitted earnings of our non-U.S. subsidiaries. All deferred tax assets have a full valuation allowance at June 30, 2016 and the Company expects all remaining deferred tax assets to have a full valuation allowance at September 30, 2016 . However, on a quarterly basis, the Company will evaluate the positive and negative evidence to assess whether the more likely than not criteria, mandated by ASC 740, has been satisfied in determining whether there will be further adjustments to the valuation allowance. During the three and nine months ended June 30, 2016 and 2015 , there were no material increases or decreases in unrecognized tax benefits. As of June 30, 2016 and September 30, 2015 , we had approximately $0.4 million and $0.3 million , respectively, of interest and penalties accrued as tax liabilities on our balance sheet.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Operating Lease Obligations : We lease certain facilities and equipment under non-cancelable operating leases. Operating lease amounts exclude property taxes, insurance, and maintenance expenses on leased properties. Our facility leases typically provide for rental adjustments for increases in base rent (up to specific limits), property taxes, insurance, and general property maintenance that would be recorded as rent expense. Rent expense was approximately $0.5 million and $0.3 million for the three months ended June 30, 2016 and 2015 , respectively and approximately $1.1 million and $1.0 million for the nine months ended June 30, 2016 and 2015 , respectively. There are no off-balance sheet arrangements other than our operating leases. Asset Retirement Obligations ("ARO") : We have known conditional asset retirement conditions, such as certain asset decommissioning and restoration of rented facilities to be performed in the future. Our ARO's include assumptions related to renewal option periods for those facilities where we expect to extend lease terms. The Company recognizes its estimate of the fair value of its ARO's in the period incurred in long-term liabilities. The fair value of the ARO is also capitalized as property, plant and equipment. In future periods, the ARO is accreted for the change in its present value and capitalized costs are depreciated over the useful life of the related assets. If the fair value of the estimated ARO changes, an adjustment will be recorded to both the ARO and the asset retirement capitalized cost. Revisions in estimated liabilities can result from revisions of estimated inflation rates, changes in estimated retirement costs, and changes in the estimated timing of settling ARO's. The fair value of our ARO's were estimated by discounting projected cash flows over the estimated life of the related assets using credit adjusted risk-free rates which ranged from 1.20% to 4.20% . There were no ARO's settled during the three and nine months ended June 30, 2015 . See discussion below regarding ARO settlements during the three months ended December 31, 2015. Accretion expense of $15,000 and $22,000 was recorded during the three months ended June 30, 2016 and 2015 , respectively. Accretion expense of $45,000 and $89,000 was recorded during the nine months ended June 30, 2016 and 2015 , respectively. EMCORE leases a major facility in Alhambra, California covering six buildings where manufacturing, research and development, and general and administrative work is performed . Several leases related to these facilities expired in 2011, and were being maintained on a month-to-month basis. In November 2014, a new lease for four of the six buildings was signed, which was retroactively effective on October 1, 2014 . The new lease extended the terms of the lease for three years plus a three year option to extend the lease and clarified the obligations and restoration work necessary to restore the buildings back to the requirements in the lease. The Company’s ARO consists of legal requirements to return the existing leased facilities to their original state and certain environmental work to be performed due to the presence of a manufacturing fabrication operation and significant changes to the facilities over the past thirty years. During the three months ended December 31, 2014, the Company completed an analysis of the new Alhambra lease and revised its estimated future cash flows of its ARO's. The analysis required estimating the probability that the Company will be required to remove certain infrastructure and restore the leased properties as set forth in the new lease, and the timing and amount of those future costs. The analysis resulted in the downward revision of the Company’s ARO liability. This change in the estimated cash flows resulted in a reduction in the ARO liability by $ 2.9 million with an offsetting reduction to property, plant, and equipment, net of $2.1 million , and a gain from change in estimate of ARO liability of $ 0.8 million . The Company first reduced the net leasehold improvement asset to the extent of the carrying amount of the related asset initially recorded when the ARO's were established. The amount of the remaining reduction to the ARO's was recorded as a reduction to operating expenses. In May 2016 , which was retroactively effective on February 1, 2016, the Company entered into a five year lease agreement for facilities in Beijing, China where some manufacturing work is to be performed. In connection with the lease agreement, the Company has recorded an ARO asset and liability in the amount of $34,000 at June 30, 2016 . During the three months ended December 31, 2015, the Company entered into an agreement to terminate the lease and related obligations, including ARO, in Newark, California for a one-time settlement payment of $0.2 million . As a result of this agreement and payment, the Company reduced its ARO's associated with the Newark facility by $0.3 million . The following table summarizes ARO activity: Asset Retirement Obligations June 30, (in thousands) 2016 Balance at September 30, 2015 $ 1,774 Accretion expense 45 Additions in current year 34 Payments and revision in estimated cash flows (264 ) Balance at June 30, 2016 $ 1,589 Indemnifications : We have agreed to indemnify certain customers against claims of infringement of the intellectual property rights of others in our sales contracts with these customers. Historically, we have not paid any claims under these indemnification obligations. On September 19, 2013 , we received written notice from a customer of our broadband products requesting indemnification relating to a lawsuit brought against them alleging patent infringement of a system incorporating our product. As of June 30, 2016 , there has been no resolution to this claim. In March 2012, we entered into a Master Purchase Agreement with SEI, pursuant to which we agreed to sell certain assets and transfer certain obligations. Under the terms of the Master Purchase Agreement, we agreed to indemnify SEI for up to $3.4 million of potential claims and expenses for the two -year period following the sale and we recorded this amount as a deferred gain on our balance sheet as a result of these contingencies. On September 23, 2014 , SEI filed for arbitration against EMCORE, in accordance with the terms of the Master Purchase Agreement between the parties. SEI was seeking $47.5 million from EMCORE, relating to numerous claims. On April 12, 2016 , the International Court of Arbitration tribunal rejected SEI's claims. The panel ruled that EMCORE owes SEI none of the amounts SEI sought in the arbitration and that the Company was entitled to collect the $1.9 million held in escrow, which was received in June 2016 and is included in cash at June 30, 2016 . The Company was also entitled to recover $2.6 million in fees and costs from SEI, which was received in June 2016. During the nine months ended June 30, 2016 , we recognized a gain associated with the release of $3.4 million of previously recorded gain associated with the sale of assets and reversal of other liabilities of $0.4 million , resulting in a credit of $3.8 million to recognition of previously deferred gain on sale of assets within discontinued operations of the Digital Products Business. During the three and nine months ended June 30, 2016 , we recognized the $2.6 million recovery of previously incurred litigation fees and costs incurred by EMCORE within operating income as such represented the recovery of previously incurred legal expenses. See Note 3 - Discontinued Operations . Legal Proceedings : We are subject to various legal proceedings, claims, and litigation, either asserted or unasserted that arise in the ordinary course of business. While the outcome of these matters is currently not determinable, we do not expect the resolution of these matters will have a material adverse effect on our business, financial position, results of operations, or cash flows. However, the results of these matters cannot be predicted with certainty. Professional legal fees are expensed when incurred. We accrue for contingent losses when such losses are probable and reasonably estimable. In the event that estimates or assumptions prove to differ from actual results, adjustments are made in subsequent periods to reflect more current information. Should we fail to prevail in any legal matter or should several legal matters be resolved against the Company in the same reporting period, then the financial results of that particular reporting period could be materially affected. a) Intellectual Property Lawsuits We protect our proprietary technology by applying for patents where appropriate and, in other cases, by preserving the technology, related know-how and information as trade secrets. The success and competitive position of our product lines are impacted by our ability to obtain intellectual property protection for our research and development efforts. We have, from time to time, exchanged correspondence with third parties regarding the assertion of patent or other intellectual property rights in connection with certain of our products and processes. b) Mirasol Class Action On December 15, 2015, Plaintiff Christina Mirasol (“Mirasol”), on her own behalf and on behalf of a putative class of similarly situated individuals composed of current and former non-exempt employees of the Company working in California since December 15, 2011, filed a complaint against the Company in the Superior Court of California, Los Angeles County. The complaint alleges seven causes of action related to: (1) failure to pay overtime; (2) failure to provide meal periods; (3) failure to pay minimum wages; (4) failure to timely pay wages upon termination; (5) failure to provide compliant wage statements; (6) unfair competition under the California Business and Professions Code § 17200 et seq.; and (7) penalties under the Private Attorneys General Act. The claims are premised primarily on the allegation that Mirasol and the putative class members were not provided with their legally required meal periods. Mirasol seeks recovery on her own behalf and on behalf of the putative class in an unspecified amount for compensatory and liquidated damages as well as for declaratory relief, injunctive relief, statutory penalties, pre-judgment interest, costs and attorneys’ fees. In exchange for a one-time cash payment offered by the Company, certain current and former employees have agreed to release the Company from all potential claims related to the matters alleged in the Mirasol lawsuit. The Company has recorded an accrual for these amounts at June 30, 2016 that is not material to the Company's results of operations, financial condition or cash flows, which has been recorded within Operating Expenses for the nine months ended June 30, 2016. The Company intends to defend itself vigorously against the claims asserted in the lawsuit. While the Company believes that it has valid and meritorious defenses with respect to the allegations, the ultimate liability to the Company, including penalties and fines associated with the remaining claims, is subject to many uncertainties and may range from $39,000 to $2.6 million .

Equity

Equity	9 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Equity	Equity Equity Plans We provide long-term incentives to eligible officers, directors, and employees in the form of equity-based awards. We maintain three equity incentive compensation plans, collectively described below as our "Equity Plans": • the 2000 Stock Option Plan, • the 2010 Equity Incentive Plan ("2010 Plan"), and • the 2012 Equity Incentive Plan ("2012 Plan"). We issue new shares of common stock to satisfy awards issued under our Equity Plans. The Board of Directors (the “Board”) and stockholders of the Company previously approved, amendments to the 2012 Plan that among other changes, (1) increased the limit on the aggregate number of shares of common stock that may be delivered pursuant to awards granted under the 2012 Plan by 500,000 shares to a new aggregate share limit of 2,500,000 shares; (2) made shares exchanged or withheld by the Company to satisfy any purchase price and tax withholding obligations related to options or “full value awards” (such as restricted stock or stock unit awards), and the total number of shares subject to stock appreciation rights (whether or not issued) count against the 2012 Plan’s share limit and no longer available for new grants under the 2012 Plan; (3) implemented a maximum grant date fair value limit for awards granted to non-employee directors under the 2012 Plan during any one calendar year of $250,000 (or $350,000 in the case of awards to a non-employee director serving as Chairman of the Board or Lead Independent Director at the time of grant, or to a newly elected or appointed non-employee director during the first calendar year of service), (4) expressly allowed the administrator to permit or require participants to defer awards granted under the 2012 Plan, (5) extended the term of the 2012 Plan until March 11, 2026 ; and (6) extended the performance-based award feature of the 2012 Plan through the first annual meeting of stockholders that occurs in 2021 . As a result of the March 2016 approval of the amendments to the 2012 Plan by the Company's stockholders, no more shares may be granted under the 2007 Directors' Stock Award Plan. Stock Options Most of our stock options vest and become exercisable over a four to five year period and have a contractual life of 10 years. Certain stock options awarded are intended to qualify as incentive stock options pursuant to Section 422A of the Internal Revenue Code. The following table summarizes stock option activity under the Equity Plans for the nine months ended June 30, 2016 : Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Aggregate Intrinsic Value (*) (in thousands) Outstanding as of September 30, 2015 696,459 $22.47 Granted 27,900 $6.01 Exercised (40,863 ) $4.98 $ 82 Forfeited (5,700 ) $6.35 Expired (58,557 ) $31.63 Outstanding as of June 30, 2016 619,239 $22.17 2.47 $ 235 Exercisable as of June 30, 2016 558,777 $23.91 1.75 $ 216 Vested and expected to vest as of June 30, 2016 607,096 $22.49 2.33 $ 231 (*) Intrinsic value for stock options represents the “in-the-money” portion or the positive variance between a stock option's exercise price and the underlying stock price. For the nine months ended June 30, 2015, the intrinsic value of options exercised was $194,000 . As of June 30, 2016 , there was approximately $0.2 million of unrecognized stock-based compensation expense, net of estimated forfeitures, related to non-vested stock options granted under the Equity Plans which is expected to be recognized over an estimated weighted average life of 4.0 years. On December 10, 2014 , in connection with the sale of the Photovoltaics Business, which constituted a change in control, the terms of approximately 56,000 stock options for approximately 80 employees were modified to include accelerated vesting effective as of that date. The total incremental benefit resulting from the modifications was approximately $0.2 million and is included in the Company's income from discontinued operations, net of tax, for the nine months ended June 30, 2015. With the dividend of $1.50 per share declared on July 5, 2016 , payable to shareholders of record as of the close of business on July 18, 2016 and paid by the Company on July 29, 2016 , the number of shares subject to all outstanding options as of that dividend payable date and the exercise price of each such option were equitably and proportinately adjusted to preserve the intrinsic value of the outstanding awards. The impact of the dividend adjustment to outstanding options as of the dividend payable date has also increased the exercisable, vested and expected to vest shares in the above table, which will be reflected in future periods. Valuation Assumptions The fair value of each stock option grant was estimated on the date of grant using the Black-Scholes option valuation model, adhering to the straight-line attribution approach using the following weighted-average assumptions, of which the expected term and stock price volatility rate are highly subjective: For the three months ended June 30, For the nine months ended June 30, 2016 2015 2016 2015 Black-Scholes weighted average assumptions: Expected dividend rate — % — % — % — % Expected stock price volatility rate 60.4 % 63.5 % 60.9 % 70.5 % Risk-free interest rate 1.4 % 1.9 % 1.6 % 1.8 % Expected term (in years) 6.0 6.0 6.0 6.0 Weighted average grant date fair value per share of stock options granted: $3.06 $ 3.59 $ 3.40 $ 3.57 Restricted Stock Restricted stock units (RSUs) granted to employees under the 2010 Plan and 2012 Plan typically vest over 3 years and are subject to forfeiture if employment terminates prior to the lapse of the restrictions. RSUs are not considered issued or outstanding common stock until they vest. The following table summarizes the activity related to RSUs for the nine months ended June 30, 2016 : Restricted Stock Activity Restricted Stock Units Number of Shares Weighted Average Grant Date Fair Value Non-vested as of September 30, 2015 570,231 $5.26 Granted 431,150 $5.55 Vested (283,553 ) $5.17 Forfeited (49,497 ) $5.12 Non-vested as of June 30, 2016 668,331 $5.49 As of June 30, 2016 , there was approximately $2.9 million of remaining unamortized stock-based compensation expense, net of estimated forfeitures, associated with RSUs, which will be expensed over a weighted average remaining service period of approximately 2.6 years. The 0.7 million outstanding non-vested RSUs have an aggregate intrinsic value of approximately $4.0 million and a weighted average remaining contractual term of 1.7 years. For the nine months ended June 30, 2016 and 2015 , the intrinsic value of RSUs vested was approximately $1.6 million and $4.4 million , respectively. Of the 0.7 million outstanding non-vested RSUs at June 30, 2016 , approximately 0.6 million are expected to vest and have an aggregate intrinsic value of approximately $3.7 million and a weighted average remaining contractual term of 1.7 years. In connection with the appointment of Mr. Jikun Kim as the Company's Chief Financial Officer on June 20, 2016 , he was granted a time based equity award of 150,000 RSUs that are scheduled to vest in five equal annual installments on each of the first five anniversaries of his hiring date. With the dividend of $1.50 per share declared on July 5, 2016 , payable to shareholders of record as of the close of business on July 18, 2016 and paid by the Company on July 29, 2016 , the number of shares subject to all outstanding RSUs as of the dividend payable date was equitably and proportionately adjusted to preserve the intrinsic value of the outstanding awards. The impact of the dividend adjustment to outstanding RSUs as of the dividend payable date has also increased the non-vested RSUs outstanding and the expected to vest RSUs as disclosed in the above table, which will be reflected in future periods. On December 10, 2014 , in connection with the sale of the Photovoltaics Business, which constituted a change in control, the terms of approximately 147,000 RSUs for approximately 80 employees were modified to include accelerated vesting effective as of that date. The total incremental expense resulting from the modifications was approximately $49,000 and is included in the Company's income from discontinued operations, net of tax, for the nine months ended June 30, 2015. In total, approximately 0.3 million RSU's vested due to change in control provisions. On June 24, 2016 , in connection with the resignation of the Company's former Chief Financial Officer, Mark Weinswig, approximately $0.3 million of stock compensation expense was recorded for acceleration of some and cancellation of other restricted stock units. See Note 8 - Accrued expenses and Other Current Liabilities . Stock-based compensation The effect of recording stock-based compensation expense was as follows: Stock-based Compensation Expense - by award type For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Employee stock options $ 9 $ — $ 25 $ 184 Restricted stock awards and units 606 297 1,325 2,353 Employee stock purchase plan 57 36 168 100 401(k) match in common stock — 60 — 284 Outside director fees in common stock 55 8 185 288 Total stock-based compensation expense $ 727 $ 401 $ 1,703 $ 3,209 Stock-based Compensation Expense - by expense type For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Cost of revenue $ 81 $ 88 $ 263 $ 273 Selling, general, and administrative 555 195 1,163 2,609 Research and development 91 118 277 327 Total stock-based compensation expense $ 727 $ 401 $ 1,703 $ 3,209 The stock based compensation expense above relates to continuing operations. Included within stock based-compensation for selling, general and administrative expense for the three and nine months ended June 30, 2016 was approximately $0.3 million associated with the acceleration of some and cancellation of other restricted stock units associated with the resignation of the Company's former Chief Financial Officer, Mark Weinswig. Stock based-compensation within selling, general and administrative expense was higher for the nine months ended June 30, 2015 due to stock-based compensation expense associated with the sale of the Photovoltaics and Digital Products Businesses. Included within discontinued operations is $0.9 million of stock based compensation expense for the nine months ended June 30, 2015 . 401(k) Plan We have a savings plan that qualifies as a deferred salary arrangement under Section 401(k) of the Internal Revenue Code. Under this savings plan, participating employees may defer a portion of their pretax earnings, up to the Internal Revenue Service annual contribution limit. All employer contributions were made in common stock through June 30, 2015 and since then have been made in cash. Our matching contribution in cash for the three and nine months ended June 30, 2016 was approximately $0.1 million and $0.3 million , respectively. For the three and nine months ended June 30, 2015 , we contributed approximately $0.1 million and $0.3 million , respectively, in common stock to the savings plan. All participant accounts had their holdings in company stock liquidated as of December 3, 2015 . Income (Loss) Per Share The following table sets forth the computation of basic and diluted net income (loss) per share: Basic and Diluted Net Income (Loss) Per Share For the three months ended June 30, For the nine months ended June 30, (in thousands, except per share) 2016 2015 2016 2015 Numerator: Income (loss) from continuing operations $ 1,178 $ 464 $ 882 $ (3,622 ) Income from discontinued operations 123 1,976 5,388 65,242 Undistributed earnings allocated to common shareholders for basic and diluted net income (loss) per share 1,301 2,440 6,270 61,620 Denominator: Denominator for basic net income (loss) per share - weighted average shares outstanding 26,103 31,203 25,913 31,494 Dilutive options outstanding, unvested stock units and ESPP 166 229 273 — Denominator for diluted net income (loss) per share - adjusted weighted average shares outstanding 26,269 31,432 26,186 31,494 Net income (loss) per basic share: Continuing operations $ 0.05 $ 0.02 $ 0.04 $ (0.11 ) Discontinued operations — 0.06 0.20 2.07 Net income per basic share $ 0.05 $ 0.08 $ 0.24 $ 1.96 Net income (loss) per diluted share: Continuing operations $ 0.05 $ 0.02 $ 0.04 $ (0.11 ) Discontinued operations $ — $ 0.06 0.20 2.07 Net income per diluted share $ 0.05 $ 0.08 $ 0.24 $ 1.96 Weighted average antidilutive options, unvested restricted stock units and awards, warrants and ESPP shares excluded from the computation 522 749 528 1,378 Average market price of common stock $ 5.64 $ 5.99 $ 6.00 $ 5.54 The antidilutive stock options, unvested stock and warrants were excluded from the computation of diluted net income (loss) per share due to the Company incurring a net loss for the nine months ended June 30, 2016 . Employee Stock Purchase Plan We maintain an Employee Stock Purchase Plan ("ESPP") that provides employees an opportunity to purchase common stock through payroll deductions. The ESPP is a 6-month duration plan with new participation periods beginning on February 25 and August 26 of each year. The purchase price is set at 85% of the average high and low market price of our common stock on either the first or last day of the participation period, whichever is lower, and annual contributions are limited to the lower of 10% of an employee's compensation or $25,000 . Future Issuances As of June 30, 2016 , we had common stock reserved for the following future issuances: Future Issuances Number of Common Stock Shares Available for Future Issuances Exercise of outstanding stock options 619,239 Unvested restricted stock units 668,331 Purchases under the employee stock purchase plan 881,706 Issuance of stock-based awards under the Equity Plans 717,768 Purchases under the officer and director share purchase plan 88,741 Issuance of deferred stock-based awards under the Directors' Stock Award Plan, as amended 22,163 Total reserved 2,997,948 With the dividend of $1.50 per share declared on July 5, 2016 , payable to shareholders of record as of the close of business on July 18, 2016 and paid by the Company on July 29, 2016 , the number of shares subject to outstanding equity awards, the exercise price of outstanding stock options and the overall limit on the number of shares remaining available for future issuance under the 2010 Plan and 2012 Plan were equitably and proportionately adjusted to preserve the intrinsic value of the outstanding awards and to preserve the intended effect of the overall share limits. Accordingly, the impact of the dividend adjustment has increased the share amounts reserved for future issuances as disclosed in the above table, which will be reflected in future periods.

Geographical Information

Geographical Information	9 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Geographical Information	Geographical Information Following the sale of the Photovoltaics Business on December 10, 2014 , the Company has one remaining reportable segment: Fiber Optics. See also Note 3 - Discontinued Operations for additional disclosures. We evaluate our reportable segment pursuant to ASC 280, Segment Reporting. The Company's Chief Executive Officer is the chief operating decision maker and he assesses the performance of the operating segment and allocates resources to the segment based on its business prospects, competitive factors, net revenue, operating results, and other non-GAAP financial ratios. Based on this evaluation, the Company operates as a single reportable segment. Revenue : The following tables set forth revenue by geographic region with revenue assigned to geographic regions based on our customers’ billing address. Revenue by Geographic Region For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 United States $ 17,469 $ 15,515 $ 46,651 $ 41,928 Asia 3,100 3,746 14,077 10,344 Europe 1,680 1,685 5,214 5,712 Other 127 248 456 683 Total revenue $ 22,376 $ 21,194 $ 66,398 $ 58,667 Significant Customers : Significant customers are defined as customers representing greater than 10% of our consolidated revenue. Revenue from two of our significant customers represented 54% of our consolidated revenue for the three months ended June 30, 2016 and revenue from three of our significant customers represented 60% of our consolidated revenue for the nine months ended June 30, 2016 . Revenue from two of our significant customers represented 45% of our consolidated revenue for the three months ended June 30, 2015 and revenue from four of our significant customers represented 62% of our consolidated revenue for the nine months ended June 30, 2015 . Long-lived Assets : Long-lived assets consist of property, plant, and equipment. As of June 30, 2016 and September 30, 2015 , approximately 37% and 38% , respectively, of our long-lived assets were located in the United States. The remaining long-lived assets are primarily located in China.

Subsequent Event

Subsequent Event	9 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On July 5, 2016 , the Company declared a special cash dividend of $1.50 per share of the Company's common stock, or a total of $39.2 million . The dividend was paid on July 29, 2016 to shareholders of record as of the close of business on July 18, 2016 . See Note 12 - Equity for additional information.

Recent Accounting Pronounceme20

Recent Accounting Pronouncements (Policies)	9 Months Ended
	Jun. 30, 2016
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	There have been no recent accounting pronouncements or changes in accounting pronouncements that are of significance, or of potential significance, to us other than those discussed below: • In March 2016, the FASB issued ASU 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 introduces targeted amendments intended to simplify the accounting for stock compensation. Specifically, the ASU requires all excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) to be recognized as income tax expense or benefit in the income statement. The new guidance is effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The new standard will be effective for our fiscal year beginning October 1, 2017 and early adoption is permitted. We are currently evaluating the impact of this accounting standard update on our Condensed Consolidated Financial Statements. • In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . ASU 2016-02 introduces a lessee model that requires recognition of assets and liabilities arising from qualified leases on the consolidated balance sheets and consolidated statements of operations and disclosure of qualitative and quantitative information about lease transactions. This guidance is effective for fiscal years beginning after December 15, 2018 and interim periods within those years. The new standard will be effective for our fiscal year beginning October 1, 2019 and early adoption is permitted. We are currently evaluating the impact of this accounting standard update on our Condensed Consolidated Financial Statements. • In November 2015, the FASB issued ASU 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. Under this guidance, organizations that present a classified balance sheet are required to classify all deferred taxes as non-current assets or non-current liabilities. The guidance is effective for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years, and early adoption is permitted. The Company early adopted the new standard in fiscal year 2016 and the accounting standard update did not have an impact on our Condensed Consolidated Financial Statements. • In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory . This standard requires inventory to be measured at the lower of cost and net realizable value. The guidance clarifies that net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This guidance is effective for fiscal years beginning after December 15, 2016 and interim periods within those fiscal years. The new standard will be effective for our fiscal year beginning October 1, 2017 and early adoption is permitted. We are currently evaluating the impact of this accounting standard update on our Condensed Consolidated Financial Statements. • In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers which will supersede most current U.S. GAAP guidance on this topic. I n April 2016, the FASB issued ASU No. 2016-10 , R evenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing to clarify two aspects of the guidance within ASU No. 2014-09 on identifying performance obligations and the licensing implementation guidance. Under the new standards, recognition of revenue occurs when the seller satisfies a performance obligation by transferring to the customer promised goods or services in an amount that reflects the consideration the entity expects to receive for those goods or services. The new standard, as amended in August 2015, will be effective for our fiscal year beginning October 1, 2018 and early adoption is permitted as of October 1, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. We anticipate this standard will not have a material impact on our Condensed Consolidated Financial Statements.
Fair Value of Financial Instruments	ASC 820, Fair Value Measurements, establishes a valuation hierarchy for disclosure of the inputs to valuation techniques used to measure fair value. This standard describes a fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value: • Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities. • Level 2 inputs are quoted prices for similar assets and liabilities in active markets or inputs that are observable for the assets or liabilities, either directly or indirectly, through market corroboration, for substantially the full term of the financial instrument. • Level 3 inputs are unobservable inputs based on our own assumptions used to measure assets or liabilities at fair value. Classification of an asset or liability within this hierarchy is determined based on the lowest level input that is significant to the fair value measurement. Valuation techniques used to measure fair value under ASC 820 must maximize the use of observable inputs and minimize the use of unobservable inputs.
Cash and Cash Equivalents	Cash consists primarily of bank deposits or, highly liquid short-term investments with a maturity of three months or less at the time of purchase.
Restricted Cash	Restricted cash represents temporarily restricted deposits held as compensating balances against short-term borrowing arrangements.
Accounts Receivable	The allowance for doubtful accounts is based on the age of receivables and a specific identification of receivables considered at risk of collection.
Severance and Restructuring Accruals	Expense related to severance and restructuring accruals is included in selling, general, and administrative expense on our statement of operations and comprehensive income.
Asset Retirement Obligations	Asset Retirement Obligations ("ARO") : We have known conditional asset retirement conditions, such as certain asset decommissioning and restoration of rented facilities to be performed in the future. Our ARO's include assumptions related to renewal option periods for those facilities where we expect to extend lease terms. The Company recognizes its estimate of the fair value of its ARO's in the period incurred in long-term liabilities. The fair value of the ARO is also capitalized as property, plant and equipment. In future periods, the ARO is accreted for the change in its present value and capitalized costs are depreciated over the useful life of the related assets. If the fair value of the estimated ARO changes, an adjustment will be recorded to both the ARO and the asset retirement capitalized cost. Revisions in estimated liabilities can result from revisions of estimated inflation rates, changes in estimated retirement costs, and changes in the estimated timing of settling ARO's.
Legal Proceedings	Professional legal fees are expensed when incurred. We accrue for contingent losses when such losses are probable and reasonably estimable.
Segment Reporting	We evaluate our reportable segment pursuant to ASC 280, Segment Reporting. The Company's Chief Executive Officer is the chief operating decision maker and he assesses the performance of the operating segment and allocates resources to the segment based on its business prospects, competitive factors, net revenue, operating results, and other non-GAAP financial ratios. Based on this evaluation, the Company operates as a single reportable segment.

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Jun. 30, 2016
Photovoltaics Business [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Schedule of Discontinued Operations, Balance Sheet and Income Statement	The following table presents the statements of operations for the discontinued operations of the Photovoltaics Business: For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Revenue $ — $ — $ — $ 12,614 Cost of revenue — — — 8,245 Gross profit — — — 4,369 Operating (income) expense (17 ) (374 ) (838 ) 2,057 Other income — — — 779 Gain on sale of discontinued operations — (64 ) — 86,958 Income from discontinued operations before income tax benefit (expense) 17 310 838 90,049 Income tax benefit (expense) 23 1,105 (5 ) (28,821 ) Income from discontinued operations, net of tax $ 40 $ 1,415 $ 833 $ 61,228
Digital Products Business [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Schedule of Discontinued Operations, Balance Sheet and Income Statement	The following table presents the statements of operations for the discontinued operations of the Digital Products Business: For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Revenue $ — $ 89 $ — $ 11,944 Cost of revenue — 27 (494 ) 9,138 Gross profit — 62 494 2,806 Operating expense (income) 45 (11 ) (285 ) 3,147 Recognition of previously deferred gain on sale of assets — — 3,804 — Gain on sale of discontinued operations — — 1,994 (Loss) income from discontinued operations before income tax benefit (expense) (45 ) 73 4,583 1,653 Income tax benefit (expense) 128 488 (28 ) 2,361 Income from discontinued operations $ 83 $ 561 $ 4,555 $ 4,014

Accounts Receivable (Tables)

Accounts Receivable (Tables)	9 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	The components of accounts receivable consisted of the following: As of As of (in thousands) June 30, September 30, 2015 Accounts receivable, gross $ 21,683 $ 17,781 Allowance for doubtful accounts (53 ) (462 ) Accounts receivable, net $ 21,630 $ 17,319

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Jun. 30, 2016
Inventory Disclosure [Abstract]
Schedule of Inventory	The components of inventory consisted of the following: As of As of (in thousands) June 30, September 30, 2015 Raw materials $ 14,712 $ 9,261 Work in-process 4,468 3,207 Finished goods 4,066 4,662 Inventory balance at end of period $ 23,246 $ 17,130 Current portion $ 18,976 $ 17,130 Non-Current portion 4,270 — Inventory balance at end of period $ 23,246 $ 17,130

Property, Plant, and Equipmen24

Property, Plant, and Equipment, net (Tables)	9 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	The components of property, plant, and equipment, net consisted of the following: As of As of (in thousands) June 30, September 30, 2015 Equipment $ 26,895 $ 24,913 Furniture and fixtures 1,109 1,109 Computer hardware and software 2,611 2,177 Leasehold improvements 1,853 1,480 Construction in progress 1,446 875 Property, plant, and equipment, gross 33,914 30,554 Accumulated depreciation (22,913 ) (21,629 ) Property, plant, and equipment, net $ 11,001 $ 8,925

Accrued Expenses and Other Cu25

Accrued Expenses and Other Current Liabilities (Tables)	9 Months Ended
	Jun. 30, 2016
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	The components of accrued expenses and other current liabilities consisted of the following: As of As of (in thousands) June 30, September 30, 2015 Compensation $ 3,899 $ 3,036 Warranty 974 1,664 Termination fee 2,925 2,775 Professional fees 616 1,147 Customer deposits 41 133 Deferred revenue — 65 Self insurance 95 606 Income and other taxes 966 1,038 Severance and restructuring accruals 901 1,448 Other 788 1,190 Accrued expenses and other current liabilities $ 11,205 $ 13,102
Schedule of Restructuring and Related Costs	The following table summarizes the changes in the severance and restructuring-related accrual accounts: (in thousands) Severance-related accruals Restructuring- related accruals Total Balance as of September 30, 2015 $ 1,110 $ 338 $ 1,448 Expense - charged to accrual 720 — 720 Payments and accrual adjustments (929 ) (338 ) (1,267 ) Balance as of June 30, 2016 $ 901 $ — $ 901
Schedule of Product Warranty Accruals	The following table summarizes the changes in our product warranty accrual accounts: Product Warranty Accruals For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Balance at beginning of period $ 1,102 $ 1,924 $ 1,664 $ 2,816 Provision for product warranty - expense 68 192 302 707 Adjustments and utilization of warranty accrual (196 ) (393 ) (992 ) (1,800 ) Balance at end of period $ 974 $ 1,723 $ 974 $ 1,723

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Summary of Asset Retirement Obligations Activity	The following table summarizes ARO activity: Asset Retirement Obligations June 30, (in thousands) 2016 Balance at September 30, 2015 $ 1,774 Accretion expense 45 Additions in current year 34 Payments and revision in estimated cash flows (264 ) Balance at June 30, 2016 $ 1,589

Equity (Tables)

Equity (Tables)	9 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Schedule of Stock Options Activity	The following table summarizes stock option activity under the Equity Plans for the nine months ended June 30, 2016 : Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Aggregate Intrinsic Value (*) (in thousands) Outstanding as of September 30, 2015 696,459 $22.47 Granted 27,900 $6.01 Exercised (40,863 ) $4.98 $ 82 Forfeited (5,700 ) $6.35 Expired (58,557 ) $31.63 Outstanding as of June 30, 2016 619,239 $22.17 2.47 $ 235 Exercisable as of June 30, 2016 558,777 $23.91 1.75 $ 216 Vested and expected to vest as of June 30, 2016 607,096 $22.49 2.33 $ 231 (*) Intrinsic value for stock options represents the “in-the-money” portion or the positive variance between a stock option's exercise price and the underlying stock price. For the nine months ended June 30, 2015, the intrinsic value of options exercised was $194,000 .
Schedule of Valuation Assumptions	The fair value of each stock option grant was estimated on the date of grant using the Black-Scholes option valuation model, adhering to the straight-line attribution approach using the following weighted-average assumptions, of which the expected term and stock price volatility rate are highly subjective: For the three months ended June 30, For the nine months ended June 30, 2016 2015 2016 2015 Black-Scholes weighted average assumptions: Expected dividend rate — % — % — % — % Expected stock price volatility rate 60.4 % 63.5 % 60.9 % 70.5 % Risk-free interest rate 1.4 % 1.9 % 1.6 % 1.8 % Expected term (in years) 6.0 6.0 6.0 6.0 Weighted average grant date fair value per share of stock options granted: $3.06 $ 3.59 $ 3.40 $ 3.57
Schedule of Restricted Stock Activity	The following table summarizes the activity related to RSUs for the nine months ended June 30, 2016 : Restricted Stock Activity Restricted Stock Units Number of Shares Weighted Average Grant Date Fair Value Non-vested as of September 30, 2015 570,231 $5.26 Granted 431,150 $5.55 Vested (283,553 ) $5.17 Forfeited (49,497 ) $5.12 Non-vested as of June 30, 2016 668,331 $5.49
Schedule of Stock-based Compensation Expense - By Award Type	The effect of recording stock-based compensation expense was as follows: Stock-based Compensation Expense - by award type For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Employee stock options $ 9 $ — $ 25 $ 184 Restricted stock awards and units 606 297 1,325 2,353 Employee stock purchase plan 57 36 168 100 401(k) match in common stock — 60 — 284 Outside director fees in common stock 55 8 185 288 Total stock-based compensation expense $ 727 $ 401 $ 1,703 $ 3,209
Schedule Stock-based Compensation Expense - By Expense Type	Stock-based Compensation Expense - by expense type For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 Cost of revenue $ 81 $ 88 $ 263 $ 273 Selling, general, and administrative 555 195 1,163 2,609 Research and development 91 118 277 327 Total stock-based compensation expense $ 727 $ 401 $ 1,703 $ 3,209
Schedule of Earnings Per Share, Basic and Diluted	Income (Loss) Per Share The following table sets forth the computation of basic and diluted net income (loss) per share: Basic and Diluted Net Income (Loss) Per Share For the three months ended June 30, For the nine months ended June 30, (in thousands, except per share) 2016 2015 2016 2015 Numerator: Income (loss) from continuing operations $ 1,178 $ 464 $ 882 $ (3,622 ) Income from discontinued operations 123 1,976 5,388 65,242 Undistributed earnings allocated to common shareholders for basic and diluted net income (loss) per share 1,301 2,440 6,270 61,620 Denominator: Denominator for basic net income (loss) per share - weighted average shares outstanding 26,103 31,203 25,913 31,494 Dilutive options outstanding, unvested stock units and ESPP 166 229 273 — Denominator for diluted net income (loss) per share - adjusted weighted average shares outstanding 26,269 31,432 26,186 31,494 Net income (loss) per basic share: Continuing operations $ 0.05 $ 0.02 $ 0.04 $ (0.11 ) Discontinued operations — 0.06 0.20 2.07 Net income per basic share $ 0.05 $ 0.08 $ 0.24 $ 1.96 Net income (loss) per diluted share: Continuing operations $ 0.05 $ 0.02 $ 0.04 $ (0.11 ) Discontinued operations $ — $ 0.06 0.20 2.07 Net income per diluted share $ 0.05 $ 0.08 $ 0.24 $ 1.96 Weighted average antidilutive options, unvested restricted stock units and awards, warrants and ESPP shares excluded from the computation 522 749 528 1,378 Average market price of common stock $ 5.64 $ 5.99 $ 6.00 $ 5.54
Schedule of Common Stock Reserved for Future Issuances	As of June 30, 2016 , we had common stock reserved for the following future issuances: Future Issuances Number of Common Stock Shares Available for Future Issuances Exercise of outstanding stock options 619,239 Unvested restricted stock units 668,331 Purchases under the employee stock purchase plan 881,706 Issuance of stock-based awards under the Equity Plans 717,768 Purchases under the officer and director share purchase plan 88,741 Issuance of deferred stock-based awards under the Directors' Stock Award Plan, as amended 22,163 Total reserved 2,997,948

Geographical Information (Table

Geographical Information (Tables)	9 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Schedule of Revenue by Geographic Region	The following tables set forth revenue by geographic region with revenue assigned to geographic regions based on our customers’ billing address. Revenue by Geographic Region For the three months ended June 30, For the nine months ended June 30, (in thousands) 2016 2015 2016 2015 United States $ 17,469 $ 15,515 $ 46,651 $ 41,928 Asia 3,100 3,746 14,077 10,344 Europe 1,680 1,685 5,214 5,712 Other 127 248 456 683 Total revenue $ 22,376 $ 21,194 $ 66,398 $ 58,667

Description of Business (Busine

Description of Business (Business Overview) (Details) - segment	Dec. 10, 2014	Jun. 30, 2016	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reporting segments	1	1	2

Description of Business (Sale o

Description of Business (Sale of Photovoltaics and Digital Products Business) (Details) $ in Millions	Dec. 10, 2014USD ($)
Photovoltaics Business [Member] | Photovoltaics [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Asset purchase agreement, selling price	$ 150

Description of Business (Liquid

Description of Business (Liquidity and Capital Resources) (Details) - USD ($) $ / shares in Units, shares in Millions	Jun. 15, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Jul. 05, 2016	Sep. 30, 2015	Dec. 10, 2014	Sep. 30, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Shares acquired (in shares)	6.9
Average cost per share (in usd per share)	$ 6.55
Repurchases of common stock	$ 45,000,000			$ 0	$ 45,618,000
Repurchase costs	$ 700,000
Cash and cash equivalents		$ 105,046,000	$ 114,129,000	105,046,000	114,129,000		$ 111,885,000		$ 20,687,000
Working capital		129,900,000		129,900,000
Net income		1,301,000	$ 2,440,000	6,270,000	$ 61,620,000
Photovoltaics Business [Member] | Photovoltaics [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Asset purchase agreement, selling price								$ 150,000,000
Sixth Amendment [Member] | Revolving Credit Facility [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Line of credit facility, maximum borrowing capacity								$ 15,000,000
Subsequent Event [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Dividends payable (in usd per share)						$ 1.50
Dividends payable						$ 39,200,000
Sumitomo Electric Industries, LTD [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Recovery of fees and costs from SEI		2,600,000		2,600,000
Receivable in escrow		$ 1,900,000		$ 1,900,000

Discontinued Operations (Narrat

Discontinued Operations (Narrative) (Details) - USD ($)

Dec. 22, 2015

Dec. 10, 2014

Dec. 31, 2015

Jun. 30, 2016

Dec. 31, 2015

Jun. 30, 2015

Dec. 31, 2014

Jun. 30, 2016

Jun. 30, 2015

Sep. 30, 2015

Apr. 17, 2015

Jan. 02, 2015

Oct. 22, 2014

Sep. 17, 2014

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Payments to terminate lease agreement

$ 200,000

Gain on lease termination

$ 310,000

$ 0

Gain on settlement

0

442,000

Photovoltaics [Member] | Photovoltaics Business [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Asset purchase agreement, selling price

$ 150,000,000

Sumitomo Electric Industries, LTD [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Gain on settlement

3,400,000

Discontinued Operations, Disposed of by Sale [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Proceeds from sale of venture

$ 700,000

Book value of outstanding receivables

$ 0

Incentive tax credits

$ 0

$ 0

100,000

0

Payments to terminate lease agreement

$ 200,000

Gain on lease termination

300,000

Discontinued Operations, Disposed of by Sale [Member] | Digital Products Business [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Asset purchase agreement, selling price

$ 17,500,000

Gain on sale of business

$ 2,000,000

Asset sale, promissory note, principal amount

$ 15,500,000

$ 1,500,000

Accrued interest on note receivable

$ 200,000

Discontinued Operations, Disposed of by Sale [Member] | Photovoltaics [Member] | Photovoltaics Business [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Asset purchase agreement, selling price

$ 150,000,000

Working capital adjustment

$ 100,000

Net assets sold

60,300,000

Transaction costs incurred in sale of business

$ 2,700,000

Gain on sale of business

$ 56,800,000

Discontinued Operations, Disposed of by Sale [Member] | Sumitomo Electric Industries, LTD [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Write off of loss accrual

400,000

Recognition of deferred gain

3,400,000

Gain on settlement

$ 3,800,000

Discontinued Operations (Income

Discontinued Operations (Income Statements) (Details) - Discontinued Operations, Disposed of by Sale [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Photovoltaics Business [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 12,614
Cost of revenue	0	0	0	8,245
Gross profit	0	0	0	4,369
Operating (income) expense	(17)	(374)	(838)	2,057
Other income	0	0	0	779
Gain on sale of discontinued operations	0	(64)	0	86,958
Income from discontinued operations before income tax benefit (expense)	17	310	838	90,049
Income tax benefit (expense)	23	1,105	(5)	(28,821)
Income from discontinued operations, net of tax	40	1,415	833	61,228
Digital Products Business [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	0	89	0	11,944
Cost of revenue	0	27	(494)	9,138
Gross profit	0	62	494	2,806
Operating (income) expense	45	(11)	(285)	3,147
Other income	0	0	3,804	0
Gain on sale of discontinued operations	0		0	1,994
Income from discontinued operations before income tax benefit (expense)	(45)	73	4,583	1,653
Income tax benefit (expense)	128	488	(28)	2,361
Income from discontinued operations, net of tax	$ 83	$ 561	$ 4,555	$ 4,014

Accounts Receivable (Schedule o

Accounts Receivable (Schedule of Components of Accounts Receivable) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Sep. 30, 2015
Receivables [Abstract]
Accounts receivable, gross	$ 21,683	$ 17,781
Allowance for doubtful accounts	(53)	(462)
Accounts receivable, net	$ 21,630	$ 17,319

Inventory (Schedule of Componen

Inventory (Schedule of Components of Inventory) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Sep. 30, 2015
Inventory Disclosure [Abstract]
Raw materials	$ 14,712	$ 9,261
Work in-process	4,468	3,207
Finished goods	4,066	4,662
Inventory balance at end of period	23,246	17,130
Current portion	18,976	17,130
Non-Current portion	$ 4,270	$ 0

Property, Plant, and Equipmen36

Property, Plant, and Equipment, net (Schedule of Property, Plant, and Equipment) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Sep. 30, 2015
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 33,914	$ 30,554
Accumulated depreciation	(22,913)	(21,629)
Property, plant, and equipment, net	11,001	8,925
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	26,895	24,913
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	1,109	1,109
Computer hardware and software [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	2,611	2,177
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	1,853	1,480
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 1,446	$ 875

Accrued Expenses and Other Cu37

Accrued Expenses and Other Current Liabilities (Schedule of Accrued Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Sep. 30, 2015
Payables and Accruals [Abstract]
Compensation	$ 3,899	$ 3,036
Warranty	974	1,664
Termination fee	2,925	2,775
Professional fees	616	1,147
Customer deposits	41	133
Deferred revenue	0	65
Self insurance	95	606
Income and other taxes	966	1,038
Severance and restructuring accruals	901	1,448
Other	788	1,190
Accrued expenses and other current liabilities	$ 11,205	$ 13,102

Accrued Expenses and Other Cu38

Accrued Expenses and Other Current Liabilities (Termination Fee) (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2016	Jul. 31, 2016	Sep. 30, 2015
Accrued Expenses and Other Current Liabilities [Line Items]
Termination fee	$ 2,925		$ 2,775
Increase in accrued termination fee	150
Continuing Operations [Member]
Accrued Expenses and Other Current Liabilities [Line Items]
Increase in accrued termination fee	72
Discontinued Operations [Member]
Accrued Expenses and Other Current Liabilities [Line Items]
Increase in accrued termination fee	$ 78
Subsequent Event [Member]
Accrued Expenses and Other Current Liabilities [Line Items]
Termination fee		$ 2,900

Accrued Expenses and Other Cu39

Accrued Expenses and Other Current Liabilities (Income and Other Taxes) (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Payables and Accruals [Abstract]
Income tax expense	$ (175)	$ (456)	$ (22)	$ 1,852
Income tax expense, discontinued operations	$ 200	$ 1,600	$ (33)	$ (26,500)

Accrued Expenses and Other Cu40

Accrued Expenses and Other Current Liabilities (Severance and Restructuring Accruals) (Narrative) (Details)	Jun. 07, 2016USD ($)	Jun. 02, 2016	Dec. 10, 2014	Sep. 17, 2014USD ($)	May 31, 2016USD ($)employee	Dec. 31, 2015USD ($)	Dec. 31, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Sep. 30, 2014USD ($)
Severance and restructuring accruals:
Payments to terminate lease agreement							$ 200,000
Gain on lease termination								$ 310,000	$ 0
Number of positions eliminated | employee					30
Chief Executive Officer [Member]
Severance and restructuring accruals:
Continuation of base salary period			602 days
Outplacement services, period				1 year
Outplacement services, value				$ 15,000
Estimated charge related to separation agreement										$ 800,000
Chief Administrative Officer and Chief Counsel and Secretary [Member]
Severance and restructuring accruals:
Outplacement services, period				1 year
Outplacement services, value				$ 15,000
Estimated charge related to separation agreement									$ 1,100,000
Chief Administrative Officer [Member]
Severance and restructuring accruals:
Continuation of base salary period			518 days
Chief Counsel and Secretary [Member]
Severance and restructuring accruals:
Continuation of base salary period			476 days
Chief Financial Officer [Member]
Severance and restructuring accruals:
Continuation of base salary period		448 days
Outplacement services, period	1 year
Outplacement services, value	$ 15,000
Estimated charge related to separation agreement	$ 400,000
Discontinued Operations, Disposed of by Sale [Member]
Severance and restructuring accruals:
Payments to terminate lease agreement						$ 200,000
Gain on lease termination								$ 300,000
Employee Severance [Member]
Severance and restructuring accruals:
Restructuring costs					$ 300,000

Accrued Expenses and Other Cu41

Accrued Expenses and Other Current Liabilities (Schedule of Restructuring and Related Costs) (Details) $ in Thousands	9 Months Ended
	Jun. 30, 2016USD ($)
Restructuring Reserve [Roll Forward]
Beginning Balance	$ 1,448
Expense - charged to accrual	720
Payments and accrual adjustments	(1,267)
Ending Balance	901
Severance-related accruals [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	1,110
Expense - charged to accrual	720
Payments and accrual adjustments	(929)
Ending Balance	901
Restructuring-related accruals [Member]
Restructuring Reserve [Roll Forward]
Beginning Balance	338
Expense - charged to accrual	0
Payments and accrual adjustments	(338)
Ending Balance	$ 0

Accrued Expenses and Other Cu42

Accrued Expenses and Other Current Liabilities (Schedule of Product Warranty Accruals) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Movement in Standard Product Warranty Accrual [Roll Forward]
Balance at beginning of period	$ 1,102	$ 1,924	$ 1,664	$ 2,816
Provision for product warranty - expense	68	192	302	707
Adjustments and utilization of warranty accrual	(196)	(393)	(992)	(1,800)
Balance at end of period	$ 974	$ 1,723	$ 974	$ 1,723

Credit Facilities (Narrative) (

Credit Facilities (Narrative) (Details)	Nov. 10, 2015	Aug. 04, 2016USD ($)	Jun. 30, 2016USD ($)letter_of_credit	Dec. 10, 2014USD ($)
London Interbank Offered Rate (LIBOR) [Member] | Seventh Amendment [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	2.50%
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Long-term line of credit			$ 0
Revolving Credit Facility [Member] | LIBOR Rate Loan [Member]
Line of Credit Facility [Line Items]
Standby letters of credit, total amount outstanding			$ 500,000
Number of standby letters of credit outstanding | letter_of_credit			1
Remaining borrowing capacity			$ 9,900,000
Revolving Credit Facility [Member] | Sixth Amendment [Member]
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity				$ 15,000,000
Subsequent Event [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Long-term line of credit		$ 0

Income and other Taxes (Narrati

Income and other Taxes (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Income tax expense	$ (175)	$ (456)	$ (22)	$ 1,852
Income tax expense, discontinued operations	$ 200	$ 1,600	$ (33)	$ (26,500)
Effective tax rate	(12.90%)	(49.60%)	(2.40%)	(33.80%)
Income tax penalties and interest accrued	$ 400		$ 400		$ 300

Commitments and Contingencies45

Commitments and Contingencies (Narrative) (Details)	Oct. 01, 2014	Sep. 23, 2014USD ($)	May 31, 2016	Mar. 31, 2012USD ($)	Jun. 30, 2016USD ($)building	Dec. 31, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Jun. 30, 2016USD ($)building	Jun. 30, 2015USD ($)	Sep. 30, 2015USD ($)	Nov. 30, 2014building
Loss Contingencies [Line Items]
Operating leases, rent expense					$ 500,000		$ 300,000		$ 1,100,000	$ 1,000,000
Fair value assumptions, credit adjusted risk-free rate, range minimal amount					1.20%				1.20%
Fair value assumptions, credit adjusted risk-free rate, range maximum amount					4.20%				4.20%
Accretion expense					$ 15,000		22,000		$ 45,000	89,000
Asset retirement obligation					1,589,000				1,589,000		$ 1,774,000
Gain from change in estimate on ARO obligation								$ 2,900,000
Decrease in property, plant, and equipment								2,100,000
Asset retirement obligation, revision in estimated cash flows					0		$ 0	$ 800,000	0	845,000
Payments to terminate lease agreement						$ 200,000
Reduction in ARO						$ 300,000
Business combination, indemnification assets, range of outcomes, value				$ 3,400,000
Business combination, indemnification duration, period taken into account for				2 years
Gain on settlement									0	$ 442,000
Sumitomo Electric Industries, LTD [Member]
Loss Contingencies [Line Items]
Loss contingency, damages sought		$ 47,500,000
Receivable in escrow					1,900,000				1,900,000
Recovery of fees and costs from SEI					$ 2,600,000				2,600,000
Gain on settlement									$ 3,400,000
Buildings [Member] | Property Subject to Operating Lease [Member]
Loss Contingencies [Line Items]
Number of leased buildings | building					6				6
Leases retroactively effective | building												4
Lease term	3 years
Operating lease, term extension, option to extend	3 years
Minimum [Member] | Mirasol Class Action [Member]
Loss Contingencies [Line Items]
Estimate of loss					$ 0				$ 0
Maximum [Member] | Mirasol Class Action [Member]
Loss Contingencies [Line Items]
Estimate of loss					2,600,000				2,600,000
Property in Beijing, China [Member]
Loss Contingencies [Line Items]
Lease term			5 years
Asset retirement obligation					$ 34,000				$ 34,000

Commitments and Contingencies46

Commitments and Contingencies (Asset Retirement Obligation) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Asset Retirement Obligations
Asset retirement obligation, beginning balance			$ 1,774
Accretion expense	$ 15	$ 22	45	$ 89
Additions in current year			34
Revision in estimated cash flows			(264)
Asset retirement obligation, ending balance	$ 1,589		$ 1,589

Equity (Narrative) (Details)

Equity (Narrative) (Details)	Jun. 24, 2016USD ($)	Jun. 20, 2016shares	Dec. 10, 2014USD ($)employeeshares	Jun. 30, 2016USD ($)planshares	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)planshares	Jun. 30, 2015USD ($)	Jul. 05, 2016$ / shares	Sep. 30, 2015shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of equity incentive compensation plans maintained by the company | plan				3		3
Intrinsic value of shares exercised						$ 82,000	$ 194,000
Unvested restricted stock units (in shares) | shares				668,331		668,331
Stock-based compensation expense				$ 727,000	$ 401,000	$ 1,703,000	3,209,000
Cash matching contribution				100,000		$ 300,000
Discontinued Operations [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense							900,000
Employee stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, average minimum vesting period						4 years
Stock options, average maximum vesting period						5 years
Stock options, contractual life						10 years
Unrecognized compensation expense				200,000		$ 200,000
Unrecognized compensation expense, period for recognition						4 years
Number of shares affected (in shares) | shares			56,000
Incremental expense (benefit) with modification			$ (200,000)
Stock-based compensation expense				9,000	0	$ 25,000	184,000
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period						3 years
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares affected (in shares) | shares			147,000
Number of employees affected | employee			80
Incremental expense (benefit) with modification			$ 49,000
Remaining unamortized stock-based compensation expense				$ 2,900,000		$ 2,900,000
Remaining unamortized stock-based compensation expense, period for recognition						2 years 7 months 6 days
Unvested restricted stock units (in shares) | shares				668,331		668,331			570,231
Outstanding non-vested RSUs aggregate intrinsic value				$ 4,000,000		$ 4,000,000
Outstanding non-vested RSUs weighted average remaining contractual term						1 year 8 months 12 days
Share-based compensation arrangement by share-based payment award, equity instruments other than options, aggregate intrinsic value, vested						$ 1,600,000	4,400,000
Share-based compensation arrangement, by share-based payment award, options, vested and expected to vest, exercisable, number | shares				600,000		600,000
Share based compensation arrangement, by share based payment award, equity instruments other than options, expected to vest, intrinsic value				$ 3,700,000		$ 3,700,000
Share based compensation arrangement, by share based payment award, equity investments other than options, expected to vest, weighted average contractual term						1 year 8 months 12 days
Vested (in shares) | shares			300,000			283,553
Granted (in shares) | shares						431,150
Employee stock purchase plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense				57,000	36,000	$ 168,000	100,000
401(k) match in common stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense				$ 0	$ 60,000	$ 0	$ 284,000
2012 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Incremental shares authorized (in shares) | shares						500,000
Shares authorized (in shares) | shares				2,500,000		2,500,000
Employee stock purchase plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase plan (ESPP), employee purchase price percentage						85.00%
Employee stock purchase plan (ESPP), annual employee contribution limit percentage						10.00%
Share-based compensation arrangement by share-based payment award accelerated compensation cost						$ 25,000
Non-employee Directors [Member] | 2012 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum grant date fair value limit						250,000
Non-employee Directors serving as Chairman or Lead Independent Director [Member] | 2012 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum grant date fair value limit						$ 350,000
Chief Financial Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 300,000
Chief Financial Officer [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) | shares		150,000
Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividends payable (in usd per share) | $ / shares								$ 1.50

Equity (Schedule of Stock Optio

Equity (Schedule of Stock Options Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Number of Shares
Outstanding, beginning of period (in shares)	696,459
Granted (in shares)	27,900
Exercised (in shares)	(40,863)
Forfeited (in shares)	(5,700)
Expired (in shares)	(58,557)
Outstanding, end of period (in shares)	619,239
Exercisable (in shares)	558,777
Weighted Average Exercise Price
Outstanding, beginning of period (in usd per share)	$ 22.47
Granted (in usd per share)	6.01
Exercised (in usd per share)	4.98
Forfeited (in usd per share)	6.35
Expired (in usd per share)	31.63
Outstanding, end of period (in usd per share)	22.17
Exercisable (in usd per share)	$ 23.91
Weighted Average Remaining Contractual Life (in years):
Outstanding	2 years 5 months 19 days
Exercisable	1 year 9 months
Vested and expected to vest
Number of stock options (in shares)	607,096
Weighted average exercise price (in usd per share)	$ 22.49
Weighted average remaining contractual term	2 years 3 months 29 days
Aggregate Intrinsic Value
Intrinsic value of shares exercised	$ 82	$ 194
Outstanding	235
Exercisable	216
Vested and expected to vest	$ 231

Equity (Schedule of Valuation A

Equity (Schedule of Valuation Assumptions) (Details) - $ / shares	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Black-Scholes weighted average assumptions:
Expected dividend rate	0.00%	0.00%	0.00%	0.00%
Expected stock price volatility rate	60.40%	63.50%	60.90%	70.50%
Risk-free interest rate	1.40%	1.90%	1.60%	1.80%
Expected term (in years)	6 years	6 years	6 years	6 years
Weighted average grant date fair value per share of stock option granted (in usd per share)	$ 3.06	$ 3.59	$ 3.40	$ 3.57

Equity (Schedule of Restricted

Equity (Schedule of Restricted Stock Activity) (Details) - $ / shares	Dec. 10, 2014	Jun. 30, 2016
Number of Shares
Non-vested, ending balance (in shares)		668,331
Restricted Stock Units [Member]
Number of Shares
Non-vested, beginning balance (in shares)		570,231
Granted (in shares)		431,150
Vested (in shares)	(300,000)	(283,553)
Forfeited (in shares)		(49,497)
Non-vested, ending balance (in shares)		668,331
Weighted Average Grant Date Fair Value
Non-vested, beginning balance (in usd per share)		$ 5.26
Granted (in usd per share)		5.55
Vested (in usd per share)		5.17
Forfeited (in usd per share)		5.12
Non-vested, ending balance (in usd per share)		$ 5.49

Equity (Schedule of Stock-based

Equity (Schedule of Stock-based Compensation Expense - by Award Type) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 727	$ 401	$ 1,703	$ 3,209
Employee stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	9	0	25	184
Restricted stock awards and units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	606	297	1,325	2,353
Employee stock purchase plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	57	36	168	100
401(k) match in common stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	0	60	0	284
Outside director fees in common stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 55	$ 8	$ 185	$ 288

Equity (Schedule of Stock-bas52

Equity (Schedule of Stock-based Compensation Expense - by Expense Category) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 727	$ 401	$ 1,703	$ 3,209
Cost of revenue [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	81	88	263	273
Selling, general, and administrative [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	555	195	1,163	2,609
Research and development [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 91	$ 118	$ 277	$ 327

Equity (Schedule of Earnings pe

Equity (Schedule of Earnings per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Numerator:
Income (loss) from continuing operations	$ 1,178	$ 464	$ 882	$ (3,622)
Income from discontinued operations	123	1,976	5,388	65,242
Net income	$ 1,301	$ 2,440	$ 6,270	$ 61,620
Denominator:
Denominator for basic net income (loss) per share - weighted average shares outstanding (in shares)	26,103	31,203	25,913	31,494
Dilutive options outstanding, unvested stock units and ESPP (in shares)	166	229	273	0
Denominator for diluted net income (loss) per share - adjusted weighted average shares outstanding (in shares)	26,269	31,432	26,186	31,494
Net (loss) income per basic share:
Net income (loss) per basic share, continuing operations, (in usd per share)	$ 0.05	$ 0.02	$ 0.04	$ (0.11)
Net (loss) income per basic share, discontinued operations (in usd per share)	0	0.06	0.20	2.07
Net income per basic share (in usd per share)	0.05	0.08	0.24	1.96
Earnings Per Share, Diluted [Abstract]
Net income (loss) per diluted share, continuing operations (in usd per share)	0.05	0.02	0.04	(0.11)
Net income per diluted share, discontinued operations (in usd per share)	0	0.06	0.20	2.07
Net income per diluted share (in usd per share)	$ 0.05	$ 0.08	$ 0.24	$ 1.96
Weighted average antidilutive options, unvested restricted stock units and awards, warrants and ESPP shares excluded from the computation (in shares)	522	749	528	1,378
Average market price of common stock (in dollars per share)	$ 5.64	$ 5.99	$ 6	$ 5.54

Equity (Schedule of Common Stoc

Equity (Schedule of Common Stock Reserved for Future Issuances) (Details) - shares	Jun. 30, 2016	Sep. 30, 2015
Equity [Abstract]
Exercise of outstanding stock options	619,239	696,459
Unvested restricted stock units	668,331
Purchases under the employee stock purchase plan	881,706
Issuance of stock-based awards under the Equity Plans	717,768
Purchases under the officer and director share purchase plan	88,741
Issuance of deferred stock-based awards under the Directors' Stock Award Plan, as amended	22,163
Total reserved	2,997,948

Geographical Information (Narra

Geographical Information (Narrative) (Details)	Dec. 10, 2014segment	Jun. 30, 2016customers	Jun. 30, 2015customers	Jun. 30, 2016segmentcustomers	Jun. 30, 2015customers	Sep. 30, 2014segment	Sep. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of reporting segments | segment	1			1		2
Number of customers | customers		2	2	3	4
Percentage of long-lived assets located in the United States		37.00%		37.00%			38.00%
Customer Concentration Risk [Member] | Sales Revenue, Segment [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Concentration risk percentage		54.00%	45.00%	60.00%	62.00%

Geographical Information (Sched

Geographical Information (Schedule of Revenue by Geographic Region) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Revenue	$ 22,376	$ 21,194	$ 66,398	$ 58,667
United States [Member]
Segment Reporting Information [Line Items]
Revenue	17,469	15,515	46,651	41,928
Asia [Member]
Segment Reporting Information [Line Items]
Revenue	3,100	3,746	14,077	10,344
Europe [Member]
Segment Reporting Information [Line Items]
Revenue	1,680	1,685	5,214	5,712
Other [Member]
Segment Reporting Information [Line Items]
Revenue	$ 127	$ 248	$ 456	$ 683

Subsequent Event (Narrative) (D

Subsequent Event (Narrative) (Details) - Subsequent Event [Member] $ / shares in Units, $ in Millions	Jul. 05, 2016USD ($)$ / shares
Subsequent Event [Line Items]
Dividends payable (in usd per share) | $ / shares	$ 1.50
Dividends payable | $	$ 39.2