XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,998 $ 3,932
Restricted cash 816 1,062
Marketable securities 1,695 1,666
Accounts receivable, less allowances for doubtful receivables of $414 and $470, respectively 4,062 4,040
Costs and estimated earnings in excess of billings on uncompleted contracts 2,827 1,456
Inventories, net 3,256 3,624
Prepaid expenses and deposits 927 720
Total current assets 15,581 16,500
Property, plant and equipment, net 8,147 8,303
Goodwill 635 635
Intangible assets, net 210 224
Other assets 1,912 1,828
Total assets 26,485 27,490
Current liabilities:    
Accounts payable 955 1,490
Accrued liabilities 1,742 1,749
Billings in excess of costs and estimated earnings on uncompleted contracts 2,654 3,438
Customer deposits 2,496 2,834
Current portion of retirement obligations 539 560
Current portion of long-term debt 158 155
Total current liabilities 8,544 10,226
Pension and retirement obligations, net of current portion 32,640 32,513
Long-term debt, net of current portion 5,144 5,136
Deferred rent obligation 1,484 1,480
Total liabilities 47,812 49,355
Commitments and contingencies      
Stockholders' deficit:    
Preferred stock, no par value: 10,000,000 shares authorized; no shares outstanding      
Common stock, $0.20 par value: 30,000,000 shares authorized; 11,441,666 shares issued 2,288 2,288
Additional paid-in capital 54,443 54,433
Common stock in treasury, at cost: 352,467 shares (4,709) (4,709)
Accumulated deficit (46,386) (46,746)
Accumulated other comprehensive loss (26,963) (27,131)
Total stockholders' deficit (21,327) (21,865)
Total liabilities and stockholders' deficit $ 26,485 $ 27,490