XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 2,564us-gaap_CashAndCashEquivalentsAtCarryingValue $ 7,927us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 60,884us-gaap_ReceivablesNetCurrent 58,234us-gaap_ReceivablesNetCurrent
Inventories 121,746lmia_InventoryNetAndInventoryForLongTermContractsOrPrograms 114,279lmia_InventoryNetAndInventoryForLongTermContractsOrPrograms
Prepaid Expense and Other Assets, Current 10,651us-gaap_PrepaidExpenseAndOtherAssetsCurrent 10,255us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Deferred income taxes 3,913us-gaap_DeferredTaxAssetsNetCurrent 3,913us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 199,758us-gaap_AssetsCurrent 194,608us-gaap_AssetsCurrent
Property, plant and equipment, net 101,458us-gaap_PropertyPlantAndEquipmentNet 99,482us-gaap_PropertyPlantAndEquipmentNet
Goodwill 86,784us-gaap_Goodwill 86,784us-gaap_Goodwill
Intangible assets, net 49,851us-gaap_IntangibleAssetsNetExcludingGoodwill 50,940us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 10,162us-gaap_OtherAssetsNoncurrent 10,622us-gaap_OtherAssetsNoncurrent
Total assets 448,013us-gaap_Assets 442,436us-gaap_Assets
Current liabilities:    
Accounts payable 22,362us-gaap_AccountsPayableCurrent 21,755us-gaap_AccountsPayableCurrent
Accrued expenses 20,586us-gaap_AccruedLiabilitiesCurrent 26,072us-gaap_AccruedLiabilitiesCurrent
Current installments of long-term debt and capital lease obligations 3,511us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 3,424us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Total current liabilities 46,459us-gaap_LiabilitiesCurrent 51,251us-gaap_LiabilitiesCurrent
Long-term liabilities:    
Long-term debt and capital lease obligations, less current installments 276,353us-gaap_LongTermDebtAndCapitalLeaseObligations 265,554us-gaap_LongTermDebtAndCapitalLeaseObligations
Other long-term liabilities 3,231us-gaap_OtherLiabilitiesNoncurrent 3,289us-gaap_OtherLiabilitiesNoncurrent
Deferred income taxes 4,294us-gaap_DeferredTaxLiabilitiesNoncurrent 4,207us-gaap_DeferredTaxLiabilitiesNoncurrent
Total long-term liabilities 283,878us-gaap_LiabilitiesNoncurrent 273,050us-gaap_LiabilitiesNoncurrent
Shareholders’ equity:    
Common stock, $0.02 par value per share; authorized 28,000,000 shares; issued 13,212,669 and 13,089,003 shares at March 31, 2015 and December 31, 2014, respectively 264us-gaap_CommonStockValue 262us-gaap_CommonStockValue
Preferred stock, $0.02 par value per share; authorized 2,000,000 shares; none issued at either date 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Additional paid-in capital 96,528us-gaap_AdditionalPaidInCapitalCommonStock 95,460us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated other comprehensive loss (249)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (170)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock, at cost, 25,703 and 28,396 shares at March 31, 2015 and December 31, 2014, respectively (344)us-gaap_TreasuryStockValue (359)us-gaap_TreasuryStockValue
Retained earnings 21,477us-gaap_RetainedEarningsAccumulatedDeficit 22,942us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders’ equity 117,676us-gaap_StockholdersEquity 118,135us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 448,013us-gaap_LiabilitiesAndStockholdersEquity $ 442,436us-gaap_LiabilitiesAndStockholdersEquity