Quarterly Information (Tables)

12 Months Ended

Dec. 31, 2013

Schedule Of Quarterly Financial Information


	Calendar Year Quarters
($ and shares in thousands)		First			Second			Third(2)			Fourth			Total
		(as restated)			(as restated)			(as restated)
Year ended December 31, 2013
Revenue	$	7,740		$	7,447		$	7,530		$	7,385		$	30,102
Operating loss		(4,299	)		(2,955	)		(2,099	)		(2,261	)		(11,614	)
Net income (loss)		(671	)		(9	)		343			(309	)		(646	)

Basic income (loss) per common share	$	(0.12	)	$	-		$	0.06		$	(0.05	)	$	(0.11	)
Diluted income (loss) per common share (1)	$	(0.12	)	$	-		$	0.06		$	(0.05	)	$	(0.11	)

Weighted average shares of common stock
used to calculate earnings per share:

Basic		5,751			5,775			5,776			6,191			6,112
Diluted		5,751			5,775			5,776			6,191			6,112


Year ended December 31, 2012											(as restated) (3)			(as restated)
Revenue	$	7,081		$	6,886		$	7,050		$	6,925		$	27,942
Operating loss		(3,154	)		(3,447	)		(4,019	)		(13,633	)		(24,253	)
Net loss		(1,234	)		(228	)		(922	)		(8,505	)		(10,889	)

Basic loss per common share	$	(0.22	)	$	(0.04	)	$	(0.16	)	$	(1.49	)	$	(1.91	)
Basic loss per puttable common share	$	(0.22	)	$	(0.04	)	$	(0.16	)	$	-		$	-
Diluted loss per common share (1)	$	(0.22	)	$	(0.04	)	$	(0.16	)	$	(1.49	)	$	(1.91	)
Diluted loss per puttable common share (1)	$	(0.22	)	$	(0.04	)	$	(0.16	)	$	-		$	-

Weighted average shares of common stock
used to calculate earnings per share:

Basic		5,716			5,731			5,744			5,703			5,712
Basic (puttable common)		272			272			25			-			-
Diluted		5,716			5,731			5,744			5,703			5,712
Diluted (puttable common)		272			272			25			-			-

(1) There is no difference between basic and diluted earnings (loss) per share due to stock options being out of the money.

(2) Included in operating loss and net loss is $0.4 million loss on disposal and restructuring costs.

(3) The Company recorded an additional $1.4 milion in tax expense, compared to what was previously reported in its Annual Report on Form 10-K/A for the year ended December 31, 2012 (see Note 1).

Schedule Of Quarterly Effects Of Restatement

CONSOLIDATED STATEMENT OF OPERATIONS

(unaudited)

($ in thousands, except per share amounts)


		For the Three Months Ended									For the Nine Months Ended
		September 30, 2013									September 30, 2013
		As									As
		Previously			Correction			As			Previously			Correction			As
		Reported			of Errors			Restated			Reported			of Errors			Restated

Selling, general and administrative expenses	$	5,218		$	(103	)	$	5,115		$	18,899		$	(310	)	$	18,589
Total operating expenses		9,732			(103	)		9,629			32,380			(310	)		32,070
Operating income (loss)		(2,202	)		103			(2,099	)		(9,663	)		310			(9,353	)
Income (loss) before income taxes		894			103			997			(344	)		310			(34	)
Income tax expense (benefit)		331			323			654			(114	)		417			303
Net income (loss)		563			(220	)		343			(230	)		(107	)		(337	)
Net income (loss) applicable to common stock		557			(220	)		337			(249	)		(107	)		(356	)
Basic income (loss) per share		0.09			(0.03	)		0.06			(0.04	)		(0.02	)		(0.06	)
Diluted income (loss) per share		0.09			(0.03	)		0.06			(0.04	)		(0.02	)		(0.06	)

CONSOLIDATED STATEMENT OF OPERATIONS

(unaudited)

($ in thousands, except per share amounts)


		For the Three Months Ended									For the Six Months Ended
		June 30, 2013									June 30, 2013
		As									As
		Previously			Correction			As			Previously			Correction			As
		Reported			of Errors			Restated			Reported			of Errors			Restated

Selling, general and administrative expenses	$	6,329		$	(103	)	$	6,226		$	13,681		$	(207	)	$	13,474
Total operating expenses		10,505			(103	)		10,402			22,648			(207	)		22,441
Operating income (loss)		(3,058	)		103			(2,955	)		(7,461	)		207			(7,254	)
Income (loss) before income taxes		43			103			146			(1,238	)		207			(1,031	)
Income tax expense (benefit)		3			152			155			(445	)		94			(351	)
Net income (loss)		40			(49	)		(9	)		(793	)		113			(680	)
Net income (loss) applicable to common stock		33			(49	)		(16	)		(806	)		113			(693	)
Basic income (loss) per share		0.01			(0.01	)		-			(0.14	)		0.02			(0.12	)
Diluted income (loss) per share		0.01			(0.01	)		-			(0.14	)		0.02			(0.12	)

CONSOLIDATED STATEMENT OF OPERATIONS

(unaudited)

($ in thousands, except per share amounts)


		For the Three Months Ended
		March 31, 2013
		As
		Previously			Correction			As
		Reported			of Errors			Restated

Selling, general and administrative expenses	$	7,352		$	(104	)	$	7,248
Total operating expenses		12,143			(104	)		12,039
Operating income (loss)		(4,403	)		104			(4,299	)
Income (loss) before income taxes		(1,281	)		104			(1,177	)
Income tax benefit		(448	)		(58	)		(506	)
Net income (loss)		(833	)		162			(671	)
Net income (loss) applicable to common stock		(839	)		162			(677	)
Basic income (loss) per share		(0.15	)		0.03			(0.12	)
Diluted income (loss) per share		(0.15	)		0.03			(0.12	)

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)

(unaudited)

($ in thousands)


		For the Three Months Ended							For the Nine Months Ended
		September 30, 2013							September 30, 2013
		As							As
		Previously		Correction			As		Previously			Correction			As
		Reported		of Errors			Restated		Reported			of Errors			Restated

Net income (loss)	$	563	$	(220	)	$	343	$	(230	)	$	(107	)	$	(337	)
Other comprehensive income		93		51			144		279			155			434
Comprehensive income (loss)		656		(169	)		487		49			48			97

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)

(unaudited)

($ in thousands)


		For the Three Months Ended								For the Six Months Ended
		June 30, 2013								June 30, 2013
		As								As
		Previously		Correction			As			Previously			Correction		As
		Reported		of Errors			Restated			Reported			of Errors		Restated

Net income (loss)	$	40	$	(49	)	$	(9	)	$	(793	)	$	113	$	(680	)
Other comprehensive income		93		52			145			186			104		290
Comprehensive income (loss)		133		3			136			(607	)		217		(390	)

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)

(unaudited)

($ in thousands)


		For the Three Months Ended
		March 31, 2013
		As
		Previously			Correction		As
		Reported			of Errors		Restated

Net income (loss)	$	(833	)	$	162	$	(671	)
Other comprehensive income		93			51		144
Comprehensive income (loss)		(740	)		213		(527	)

CONSOLIDATED BALANCE SHEETS

(unaudited)

($ in thousands)


		As of March 31, 2013									As of June 30, 2013									As of September 30, 2013
		As									As									As
		Previously			Correction			As			Previously			Correction			As			Previously			Correction			As
		Reported			of Errors			Restated			Reported			of Errors			Restated			Reported			of Errors			Restated

Current assets:
Prepaid income taxes	$	1,670		$	(200	)	$	1,470		$	1,667		$	(77	)	$	1,590		$	1,272		$	(330	)	$	942
Deferred income taxes		268			(151	)		117			268			(151	)		117			268			(151	)		117
Total current assets		8,585			(351	)		8,234			7,299			(228	)		7,071			7,412			(481	)		6,931
Long-term assets:
Deferred income taxes		823			(823	)		-			771			(771	)		-			797			(797	)		-
Total assets		43,054			(1,174	)		41,880			41,322			(999	)		40,323			40,220			(1,278	)		38,942
Long-term liabilities:
Deferred income taxes		-			154			154			-			429			429			-			421			421
Pension and postretirement
benefit obligations		7,931			(104	)		7,827			7,929			(207	)		7,722			7,661			(310	)		7,351
Total liabilities		30,773			50			30,823			30,166			222			30,388			28,075			111			28,186
Accumulated other comprehensive income (loss)		(3,906	)		51			(3,855	)		(3,813	)		103			(3,710	)		(3,720	)		155			(3,565	)
Retained earnings		11,125			(1,275	)		9,850			9,502			(1,324	)		8,178			10,065			(1,544	)		8,521
Total shareholders' equity		12,281			(1,224	)		11,057			11,156			(1,221	)		9,935			12,145			(1,389	)		10,756
Total liabilities
and shareholders' equity		43,054			(1,174	)		41,880			41,322			(999	)		40,323			40,220			(1,278	)		38,942

CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

($ in thousands)


		For the Three Months Ended									For the Six Months Ended									For the Nine Months Ended
		March 31, 2013									June 30, 2013									September 30, 2013
		As									As									As
		Previously			Correction			As			Previously			Correction			As			Previously			Correction			As
		Reported			of Errors			Restated			Reported			of Errors			Restated			Reported			of Errors			Restated

Net income (loss)	$	(833	)	$	162		$	(671	)	$	(793	)	$	113		$	(680	)	$	(230	)	$	(107	)	$	(337	)
Deferred income taxes		-			40			40			-			315			315			(78	)		385			307
Other assets		(499	)		(98	)		(597	)		(510	)		(221	)		(731	)		(289	)		32			(257	)
Other accruals and liabilities		1,435			(104	)		1,331			477			(207	)		270			248			(310	)		(62	)
Net cash provided by (used in)
operating activities		560			-			560			(181	)		-			(181	)		657			-			657