Significant Accounting Policies and Estimates (Details Narrative) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | |||
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Jun. 30, 2017 |
Jun. 30, 2016 |
Jun. 30, 2017 |
Jun. 30, 2016 |
Sep. 30, 2016 |
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Reduction of placement service revenues | $ 1,515 | $ 374 | |||
Reduction of accounts receivable | $ 1,454 | 1,454 | $ 60 | ||
Allowance for doubtful accounts | 1,915 | 1,915 | 191 | ||
Reserve for permanent placement falloffs | $ 1,454 | $ 1,454 | $ 1,454 | ||
Common stock equivalents excluded from the computation of diluted earnings per share | 10,111,000 | 392,000 | 3,743,000 | 428,000 | |
Common stock equivalents | 484 | 428 | 575 | ||
Advertising expense | $ 588 | $ 1,092 | $ 233 | $ 781 | |
Borrowing amount | 56,226,316 | $ 56,226,316 | |||
Interest rate credit agreement | 11.30% | ||||
Revolving Credit Facility | $ 6,000 | $ 9,900,000 | |||
Revolving Credit Facility [Member] | |||||
Interest rate credit agreement | 11.30% | 13.25% | |||
London Interbank Offered Rate (LIBOR) [Member] | |||||
Interest rate credit agreement | 10.00% | ||||
PNC [Member] | |||||
Interest rate credit agreement | 10.00% | ||||
Floating Base Rate [Member] | |||||
Interest rate credit agreement | 9.00% | ||||
Credit agreement [Member] | Revolving Credit Facility [Member] | |||||
Borrowing amount | $ 7,476,316 | $ 7,476,316 | |||
Credit agreement [Member] | Short-term Debt [Member] | |||||
Borrowing amount | $ 73,750 | 73,750 | |||
Principal amount | $ 48,750 | ||||
Revolving loans, Description |
revolving loans in a maximum amount up to the lesser of (i) $25,000,000 or (ii) an amount determined pursuant to a borrowing base that is calculated based on the outstanding amount of the Companys eligible accounts receivable, as described in the Credit Agreement. The loans under the Credit Agreement mature on March 31, 2021.
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Borrowing loan term | 4 years |
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- Definition For unclassified balance sheet, amounts due from customers or clients for goods or services that have been delivered or sold in the normal course of business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The valuation allowance as of the balance sheet date to reduce the gross amount of receivables to estimated net realizable value, which would be presented in parentheses on the face of the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the total principal payments made during the annual reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Description of the terms of a credit facility arrangement. Terms typically include interest rate, collateral required, guarantees required, repayment requirements, and restrictions on use of assets and activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of estimated sales returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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