|
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
3 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
| Cash flows from operating activities: |
|
|
| Net income |
$ 4,525 |
$ 4,029 |
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
3,078 |
3,732 |
| Equity in income of joint ventures |
(696) |
(1,281) |
| Dividends from joint ventures |
1,139 |
1,340 |
| Stock-based compensation and related net tax benefits |
437 |
282 |
| Current and long-term deferred taxes, net |
(1,195) |
260 |
| Gain on sale, disposal and abandonment of fixed assets |
(3) |
|
| Gain on investments |
(111) |
(268) |
| Changes in operating assets and liabilities: |
|
|
| Decrease in accounts receivable, net |
4,985 |
4,482 |
| (Increase) decrease in prepaid taxes |
(214) |
901 |
| (Increase) decrease in other operating assets, net |
(1,437) |
102 |
| Decrease in accounts payable and other accrued liabilities |
(971) |
(3,840) |
| (Decrease) increase in other operating liabilities, net |
(53) |
200 |
| Net cash provided by operating activities |
9,484 |
9,939 |
| Cash flows used by investing activities: |
|
|
| Acquisition of property, plant and equipment |
(1,384) |
(1,245) |
| Acquisition of joint ventures and businesses, net of cash acquired |
|
(1,800) |
| Other investing activities, net |
(315) |
97 |
| Net cash used by investing activities |
(1,699) |
(2,948) |
| Cash flows (used) provided by financing activities: |
|
|
| Net borrowings on revolving credit facility |
|
(21) |
| Long-term borrowings - loan |
8,800 |
14,000 |
| Long-term borrowings - repayment |
(8,800) |
(13,000) |
| Dividends paid to stockholders |
(5,347) |
(5,274) |
| Other financing activities, net |
(331) |
49 |
| Net cash used by financing activities |
(5,678) |
(4,246) |
| Effects of foreign currency translation |
(471) |
49 |
| Net increase in cash and cash equivalents |
1,636 |
2,794 |
| Opening balance - cash and cash equivalents |
6,761 |
8,672 |
| Ending balance - cash and cash equivalents |
8,397 |
11,466 |
| Accrued capital spending included in accounts payable and other accrued liabilities |
$ 205 |
$ 174 |