XML 69 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 1,799 $ 4,575
Short term investments   259
Accounts receivable - net of allowance for uncollectibles - $638 and $759 in 2012 and 2011, respectively 3,320 2,717
Other accounts receivable 187 174
Materials and supplies 512 832
Prepaid expenses 1,145 731
Prepaid income taxes 1,222 2,715
Deferred Income taxes 268 405
Total current assets 8,453 12,408
Property, plant and equipment, net 16,446 25,425
Unamortized debt issuance costs 84 45
Intangible, net 8,131 8,605
Investments   1,979
Goodwill 9,121 9,121
Deferred income taxes 874  
Other assets 336 333
Total assets 43,445 57,916
Current liabilities    
Short term borrowings   5,600
Current maturities of long-term debt   1,139
Accounts payable 886 1,715
Amounts due in connection with business acquisition   2,377
Derivative liability in connection with business acquisition   131
Advance billing and payments 367 390
Accrued taxes 619 521
Pension and postretirement benefit obligations 1,089 622
Other accrued expenses 3,759 3,398
Total current liabilities 6,720 15,893
Long-term debt 14,095  
Amounts due in connection with business acquisition   472
Deferred income taxes   2,635
Pension and postretirement benefit obligations 8,095 9,915
Total liabilities 28,910 28,915
Commitments and contingencies      
Puttable common stock, $0.01 par value, 0 and 272,479 shares issued and outstanding at December 31, 2012 and 2011, respectively   4,125
Shareholders' equity    
Preferred shares - $100 par value; authorized and issued shares of 5,000; $0.01 par value; authorized and unissued shares of 10,000,000 500 500
Common stock - $0.01 par value; authorized shares of 10,000,000; issued 6,576,542 and 6,217,839 at December 31, 2012 and 2011, respectively 66 62
Treasury stock - at cost, 817,700 and 735,391 shares of common stock at December 31, 2012 and 2011, respectively (7,486) (6,262)
Additional paid in capital 11,826 6,191
Accumulated other comprehensive loss (3,999) (4,979)
Retained earnings 13,628 29,364
Total shareholders' equity 14,535 24,876
Total liabilities and shareholders' equity $ 43,445 $ 57,916