Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenues, net of returns and allowances $ 15,227 $ 21,003 $ 50,379 $ 64,861
Cost of sales 9,276 13,153 30,896 40,064
Gross profit 5,951 7,850 19,483 24,797
Selling, general and administrative 4,804 5,718 16,134 18,137
Research, development and engineering 899 746 2,436 2,325
Restructuring charges 217 35 217 1,072
Operating income 31 1,351 696 3,263
Loss on sale of subsidiary     (2,793)  
Interest (expense) income and other, net (13) 249 512 511
Income (loss) from continuing operations before income taxes 18 1,600 (1,585) 3,774
Income tax provision 90 707 297 1,621
(Loss) income from continuing operations, net of tax (72) 893 (1,882) 2,153
Income (loss) from discontinued operations, net of tax   1,154 (11,816) (8,113)
Net (loss) income $ (72) $ 2,047 $ (13,698) $ (5,960)
(Loss) Income Per Basic Share:        
Basic (loss) income per share from continuing operations $ (0.01) $ 0.06 $ (0.13) $ 0.15
Basic income (loss) per share from discontinued operations   0.08 (0.83) (0.57)
Net (loss) income per basic share (0.01) 0.14 (0.96) (0.42)
(Loss) Income Per Diluted Share:        
Diluted (loss) income per share from continuing operations (0.01) 0.06 (0.13) 0.15
Diluted income (loss) per share from discontinued operations   0.08 (0.83) (0.57)
Net (loss) income per diluted share $ (0.01) $ 0.14 $ (0.96) $ (0.42)
Weighted average shares outstanding - basic 14,155 14,245 14,195 14,231
Weighted average shares outstanding - diluted 14,155 14,316 14,195 14,267