|
Note 6 - Income Taxes (Tables)
|
12 Months Ended |
|
Sep. 30, 2013
|
| Income Tax Disclosure [Abstract] |
|
| Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] |
|
|
|
2013
|
|
|
2012
|
|
|
2011
|
|
|
Domestic
|
|
$
|
7,461,329
|
|
|
$
|
6,290,684
|
|
|
$
|
1,638,572
|
|
|
Foreign
|
|
|
2,472,525
|
|
|
|
4,501,339
|
|
|
|
1,593,403
|
|
|
Total
|
|
$
|
9,933,854
|
|
|
$
|
10,792,023
|
|
|
$
|
3,231,975
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|
|
|
2013
|
|
|
2012
|
|
|
2011
|
|
|
Income tax expense at statutory rates
|
|
$
|
3,378,000
|
|
|
$
|
3,669,000
|
|
|
$
|
1,099,000
|
|
|
State income tax, net of federal benefits
|
|
|
623,000
|
|
|
|
677,000
|
|
|
|
192,000
|
|
|
Non-deductible expenses
|
|
|
129,000
|
|
|
|
5,000
|
|
|
|
(12,000
|
)
|
|
Effect of AMT expense
|
|
|
116,644
|
|
|
|
41,000
|
|
|
|
28,178
|
|
|
Effect of lower foreign income tax rates
|
|
|
(395,441
|
)
|
|
|
(688,093
|
)
|
|
|
(221,501
|
)
|
|
Effect of change in U.K. tax rate
|
|
|
(159,000
|
)
|
|
|
(72,000
|
)
|
|
|
—
|
|
|
Effect of pioneer tax status - Malaysia
|
|
|
—
|
|
|
|
(233,000
|
)
|
|
|
(134,000
|
)
|
|
Effect of reinvestment allowance - Malaysia
|
|
|
(75,000
|
)
|
|
|
—
|
|
|
|
—
|
|
|
Effect of stock option exercises
|
|
|
(110,000
|
)
|
|
|
(2,263,000
|
)
|
|
|
—
|
|
|
Utilization of NOL carryforwards
|
|
|
(2,070,947
|
)
|
|
|
(1,637,205
|
)
|
|
|
(973,753
|
)
|
|
Decrease in valuation allowance
|
|
|
(5,845,000
|
)
|
|
|
(4,006,000
|
)
|
|
|
(2,145,000
|
)
|
|
Income tax benefit
|
|
$
|
(4,408,744
|
)
|
|
$
|
(4,507,298
|
)
|
|
$
|
(2,167,076
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|
|
|
2013
|
|
|
2012
|
|
|
2011
|
|
|
Deferred – U.S.
|
|
$
|
(12,000
|
)
|
|
$
|
(1,399,000
|
)
|
|
$
|
(3,442,000
|
)
|
|
Deferred – U.K.
|
|
|
(5,288,000
|
)
|
|
|
(3,501,000
|
)
|
|
|
942,000
|
|
|
Deferred – Malaysia
|
|
|
40,935
|
|
|
|
6,067
|
|
|
|
35,950
|
|
|
Subtotal
|
|
|
(5,259,065
|
)
|
|
|
(4,893,933
|
)
|
|
|
(2,464,050
|
)
|
|
Current – U.S.
|
|
|
625,606
|
|
|
|
293,123
|
|
|
|
226,178
|
|
|
Current – Malaysia
|
|
|
221,625
|
|
|
|
93,512
|
|
|
|
70,796
|
|
|
Current - U.K.
|
|
|
3,090
|
|
|
|
—
|
|
|
|
—
|
|
|
Subtotal
|
|
|
850,321
|
|
|
|
386,635
|
|
|
|
296,974
|
|
|
Income tax benefit
|
|
$
|
(4,408,744
|
)
|
|
$
|
(4,507,298
|
)
|
|
$
|
(2,167,076
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|
Deferred Tax Assets
|
|
2013
|
|
|
2012
|
|
|
Federal net operating loss carryforwards
|
|
$
|
6,516,000
|
|
|
$
|
8,378,000
|
|
|
State net operating loss carryforwards
|
|
|
1,636,000
|
|
|
|
1,636,000
|
|
|
AMT credit carryforward
|
|
|
269,000
|
|
|
|
152,000
|
|
|
Foreign net operating loss carryforwards – U.K.
|
|
|
12,653,000
|
|
|
|
14,780,000
|
|
|
Foreign capital allowance – U.K.
|
|
|
95,000
|
|
|
|
177,000
|
|
|
Accrued expenses
|
|
|
90,000
|
|
|
|
748,000
|
|
|
Other, net - Malaysia
|
|
|
23,018
|
|
|
|
—
|
|
|
Other, net - U.S.
|
|
|
44,000
|
|
|
|
29,000
|
|
|
Gross deferred tax assets
|
|
|
21,326,018
|
|
|
|
25,900,000
|
|
|
Valuation allowance for deferred tax assets
|
|
|
(2,703,000
|
)
|
|
|
(12,600,000
|
)
|
|
Net deferred tax assets
|
|
|
18,623,018
|
|
|
|
13,300,000
|
|
|
Deferred Tax Liabilities:
|
|
|
|
|
|
|
|
|
|
Foreign capital allowance – Malaysia
|
|
|
(258,197
|
)
|
|
|
(194,244
|
)
|
|
Net deferred tax assets
|
|
$
|
18,364,821
|
|
|
$
|
13,105,756
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Amounts Recognized in Balance Sheet [Table Text Block] |
|
|
|
2013
|
|
|
2012
|
|
|
Current assets – U.S.
|
|
$
|
2,074,000
|
|
|
$
|
1,802,000
|
|
|
Current assets – U.K.
|
|
|
478,000
|
|
|
|
350,000
|
|
|
Total current assets
|
|
|
2,552,000
|
|
|
|
2,152,000
|
|
|
Long-term assets – U.S.
|
|
|
5,937,000
|
|
|
|
6,197,000
|
|
|
Long-term assets – U.K
|
|
|
10,111,000
|
|
|
|
4,951,000
|
|
|
Total long-term assets
|
|
|
16,048,000
|
|
|
|
11,148,000
|
|
|
Long-term liability – Malaysia
|
|
|
(235,179
|
)
|
|
|
(194,244
|
)
|
|
|
|
$
|
18,364,821
|
|
|
$
|
13,105,756
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of Valuation Allowance [Table Text Block] |
|
|
|
Balance at
|
|
|
Charged to Costs
|
|
|
|
|
|
Balance at
|
|
|
Year
|
|
October 1
|
|
|
and Expenses
|
|
Deductions/Other
|
|
|
September 30
|
|
|
2011
|
|
$
|
26,741,000
|
|
|
$
|
(2,500,000
|
)
|
|
$
|
(2,196,000
|
)
|
|
$
|
22,045,000
|
|
|
2012
|
|
$
|
22,045,000
|
|
|
$
|
(4,900,000
|
)
|
|
$
|
(4,545,000
|
)
|
|
$
|
12,600,000
|
|
|
2013
|
|
$
|
12,600,000
|
|
|
$
|
(5,300,000
|
)
|
|
$
|
(4,597,000
|
)
|
|
$
|
2,703,000
|
|
|