XML 18 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 29, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 1,856 $ 2,111
Restricted cash 798 705
Marketable securities 599 712
Accounts receivable, less allowances for doubtful receivables of $350 and $324, respectively 4,566 3,972
Costs and estimated earnings in excess of billings on uncompleted contracts 1,612 2,474
Inventories, net 3,438 3,125
Prepaid expenses and deposits 479 453
Total current assets 13,348 13,552
Property, plant and equipment, net 7,584 7,735
Goodwill 635 635
Definite-lived intangible assets, net 155 168
Other assets 1,999 2,160
Total assets 23,721 24,250
Current liabilities:    
Accounts payable 1,314 1,197
Accrued liabilities 1,233 1,274
Billings in excess of costs and estimated earnings on uncompleted contracts 3,619 2,531
Customer deposits 2,785 3,180
Current portion of retirement obligations 488 517
Current portion of long-term debt 169 167
Total current liabilities 9,608 8,866
Pension and retirement obligations, net of current portion 33,242 33,369
Long-term debt, net of current portion 5,153 5,148
Deferred rent obligation 1,520 1,511
Total liabilities 49,523 48,894
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 54,476 54,466
Common stock in treasury, at cost: 352,467 shares (4,709) (4,709)
Accumulated deficit (50,382) (49,025)
Accumulated other comprehensive loss (27,475) (27,664)
Total stockholders' deficit (25,802) (24,644)
Total liabilities and stockholders' deficit $ 23,721 $ 24,250