|
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
|
6 Months Ended |
|
Mar. 31, 2012
|
Mar. 31, 2011
|
| Cash flows from operating activities: |
|
|
| Net loss |
$ (8,255) |
$ (3,650) |
| Adjustments to reconcile net loss to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
3,752 |
3,924 |
| Impairment loss |
150 |
1,099 |
| Accrued interest on accelerated put option |
990 |
996 |
| Foreign currency transaction loss (gain) |
409 |
(181) |
| Stock based compensation |
44 |
59 |
| Changes in current assets and liabilities: |
|
|
| Trade accounts receivable |
7,366 |
9,480 |
| Trade accounts receivable from related parties |
1,527 |
(3,570) |
| Other receivables |
(141) |
(2) |
| Inventories |
29 |
(142) |
| Inventories held for sale |
40 |
28 |
| Prepaid taxes |
(809) |
(1,341) |
| Advances paid |
(1,238) |
207 |
| Deferred tax assets |
347 |
(392) |
| Prepaid expenses and other current assets |
272 |
325 |
| Long-term prepaid taxes |
6 |
(11) |
| Long-term other receivables, net of current portion |
29 |
0 |
| Accounts payable |
(2,093) |
(992) |
| Accounts payable to related parties |
(15) |
(515) |
| Accrued expenses |
1,877 |
2,275 |
| Taxes payable |
(1,394) |
741 |
| Deferred revenue |
(581) |
(1,495) |
| Long-term deferred revenue from related parties |
(75) |
0 |
| Long-term deferred income tax liability |
(67) |
191 |
| Net cash provided by operating activities |
2,170 |
7,034 |
| Cash flows from investing activities: |
|
|
| Investment in securities |
0 |
(14) |
| Payments to purchase vessels, equipment and property |
(317) |
(925) |
| Net cash used in investing activities |
(317) |
(939) |
| Cash flows from financing activities: |
|
|
| Payments on long-term debt |
(2,000) |
(734) |
| Net cash used in financing activities |
(2,000) |
(734) |
| Effect of exchange rate changes on cash |
(462) |
299 |
| Net change in cash |
(609) |
5,660 |
| Cash at beginning of period |
6,136 |
5,707 |
| Cash at end of period |
5,527 |
11,367 |
| Supplemental disclosure of cash flow information: |
|
|
| Cash paid for interest |
0 |
734 |
| Cash paid for income tax |
$ 449 |
$ 1,186 |