| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | ||||||||||
Net income | ||||||||||
9,958 | 1,631 | 9,403 | 16,708 | 6,588 | 1,751 | 5,805 | 7,615 | 11,019 | 8,941 | 4,083 |
Adjustments to reconcile net income to net cash (used in) provided by operating activities: | ||||||||||
Depreciation of property, equipment and improvements | ||||||||||
4,578 | 3,349 | 2,968 | 2,742 | 2,949 | 3,557 | 3,461 | 3,339 | 3,006 | 2,649 | 2,581 |
Amortization of identifiable intangible assets | ||||||||||
8,818 | 9,435 | 2,597 | 1,872 | 2,910 | 3,589 | 4,416 | 4,476 | 6,171 | 7,484 | 7,476 |
Stock-based compensation | ||||||||||
5,655 | 4,854 | 4,659 | 3,654 | 4,301 | 4,330 | 3,773 | 3,727 | 3,444 | 3,371 | 3,518 |
Excess tax benefits from stock-based compensation | ||||||||||
0 | 0 | 326 | 212 | 0 | 44 | 67 | 198 | 796 | 47 | 80 |
Deferred income tax provision | ||||||||||
-799 | -376 | -2,086 | 1,115 | -769 | -2,783 | -2,055 | -2,452 | -1,205 | -3,656 | -2,714 |
Gain on sale of property and equipment | ||||||||||
4,392 | 622 | -25 | 0 | 1,375 | 0 | 0 | - | - | - | - |
Gain on sale of business | ||||||||||
- | - | - | 2,870 | 0 | 0 | - | - | - | - | - |
Change in fair value of contingent consideration | ||||||||||
1,190 | 1,377 | -4,364 | -441 | 0 | 0 | - | - | - | - | - |
Provision for bad debt and product returns | ||||||||||
635 | 1,120 | 361 | 168 | 357 | 98 | 811 | 500 | 90 | 175 | -265 |
Provision for inventory obsolescence | ||||||||||
1,874 | 2,056 | 1,850 | 1,734 | 1,284 | 860 | 1,258 | 1,413 | 1,935 | 848 | 881 |
Restructuring charges, net | ||||||||||
- | - | - | 747 | 509 | 81 | 313 | 1,259 | 154 | -468 | - |
Intangible impairment charge | ||||||||||
- | - | - | - | - | - | 361 | 0 | 0 | - | - |
Other | ||||||||||
156 | -368 | -2,481 | -66 | -87 | -3 | 85 | -13 | -263 | -27 | 230 |
Accounts receivable | ||||||||||
6,589 | 16,004 | -833 | 1,188 | 1,794 | 2,730 | 2,368 | 343 | 2,756 | 6,525 | -5,384 |
Inventories | ||||||||||
1,062 | 11,344 | 4,904 | -3,993 | 1,913 | 5,966 | 2,972 | 1,958 | -623 | 891 | -2,695 |
Other assets | ||||||||||
866 | 1,412 | -562 | -597 | -241 | -210 | 212 | -168 | 602 | -749 | -193 |
Income taxes | ||||||||||
-103 | 697 | -3 | -1,589 | 387 | -1,408 | -2,634 | 2,330 | -432 | -1,235 | -1,090 |
Accounts payable | ||||||||||
8,232 | 2,728 | -3,536 | 1,612 | -3,769 | 970 | 1,413 | -1,759 | -1,227 | 1,486 | -4,561 |
Accrued expenses | ||||||||||
1,991 | -635 | -8,045 | -1,619 | 4,081 | -709 | 530 | -3,003 | 2,152 | 3,187 | -2,185 |
Net cash (used in) provided by operating activities | ||||||||||
28,964 | -2,778 | 2,475 | 27,089 | 14,074 | 1,809 | 11,748 | 15,127 | 21,839 | 16,095 | 15,686 |
Investing activities: | ||||||||||
Purchase of marketable securities | ||||||||||
0 | 0 | 61,964 | 74,759 | 54,427 | 27,420 | 67,159 | 72,669 | 61,506 | 38,538 | 30,489 |
Proceeds from maturities and sales of marketable securities | ||||||||||
4,750 | 32,032 | 87,105 | 73,706 | 38,028 | 47,420 | 63,089 | 65,533 | 44,843 | 29,335 | 62,624 |
Proceeds from sale of business | ||||||||||
0 | 2,000 | 3,000 | 2,849 | 0 | 0 | - | - | - | - | - |
Acquisition of businesses, net of cash acquired | ||||||||||
0 | 56,258 | 30,111 | 2,860 | 0 | 0 | 12,919 | 0 | 3,000 | 3,000 | 2,986 |
Proceeds from insurance settlement related to property and equipment | ||||||||||
- | - | - | - | 1,400 | 0 | 0 | - | - | - | - |
Proceeds from sale of property and equipment | ||||||||||
10,096 | 731 | 0 | 0 | 45 | 0 | 0 | - | - | 11 | 10 |
Proceeds from sale of investment | ||||||||||
- | - | - | 13 | 0 | 0 | 136 | 135 | 0 | 0 | - |
Purchase of property, equipment, improvements and certain other intangible assets | ||||||||||
9,335 | 1,842 | 1,773 | 2,729 | 4,500 | 3,421 | 2,886 | 3,953 | 2,736 | 2,975 | 3,873 |
Net cash (used in) provided by investing activities | ||||||||||
5,511 | -23,337 | -3,743 | -3,780 | -19,454 | 16,579 | -19,739 | -10,954 | -22,399 | -15,167 | 25,286 |
Financing activities: | ||||||||||
Payments for contingent consideration | ||||||||||
3,748 | 0 | 518 | 0 | 0 | - | - | - | - | - | - |
Payments on capital lease obligations | ||||||||||
- | - | - | - | - | - | - | - | - | 9 | 336 |
Excess tax benefits from stock-based compensation | ||||||||||
0 | 0 | 326 | 212 | 0 | 44 | 67 | 198 | 796 | 47 | 80 |
Proceeds from stock option plan transactions | ||||||||||
4,874 | 5,460 | 3,502 | 7,191 | 6,559 | 3,689 | 2,193 | 1,072 | 2,853 | 1,672 | 423 |
Proceeds from employee stock purchase plan transactions | ||||||||||
1,058 | 1,115 | 685 | 896 | 925 | 1,009 | 1,008 | 1,041 | 990 | 894 | 982 |
Purchases of common stock | ||||||||||
1,071 | 748 | 938 | 550 | 2,339 | 15,702 | 14,058 | 0 | 0 | - | 6,576 |
Net cash provided by financing activities | ||||||||||
1,113 | 5,827 | 3,057 | 7,749 | 5,145 | -10,960 | -10,790 | 2,311 | 4,639 | 2,604 | -5,427 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
-810 | 80 | 706 | -349 | -2,237 | -1,258 | -145 | -922 | -338 | -1,023 | -1,287 |
Net (decrease) increase in cash and cash equivalents | ||||||||||
34,778 | -20,208 | 2,495 | 30,709 | -2,472 | 6,170 | -18,926 | 5,562 | 3,741 | 2,509 | 34,258 |
Supplemental schedule of non-cash investing and financing activities | ||||||||||
Transfer of inventory to property, equipment and improvements | ||||||||||
1,064 | 2,159 | 421 | - | - | - | - | - | - | - | - |
Receivable related to sale of business | ||||||||||
- | - | - | 4,956 | 0 | 0 | - | - | - | - | - |
Contingent consideration recognized related to acquisition of business | ||||||||||
0 | 2,300 | 1,310 | 10,550 | 0 | 0 | - | - | - | - | - |
Interest paid | ||||||||||
1 | 10 | 1 | - | - | - | - | - | - | - | - |
Interest paid | ||||||||||
- | - | - | 9 | 4 | 5 | 42 | 23 | 86 | 159 | 54 |
Income taxes paid, net | ||||||||||
2,048 | 1,235 | 2,129 | 3,029 | 1,296 | 3,197 | 6,300 | 3,201 | 7,065 | 6,479 | 3,944 |
Accrual for purchase of property, equipment, improvements and certain other intangible assets | ||||||||||
0 | 78 | 36 | 183 | 17 | 0 | 42 | 0 | 0 | - | - |
Issuance of common stock for business acquisition | ||||||||||
- | - | - | - | - | - | 6,741 | 0 | 0 | - | - |
Accrual for purchase of common stock | ||||||||||
- | - | - | - | - | 100 | 0 | - | - | - | - |