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Consolidated Balance Sheets (USD $)
In Thousands
Aug. 26, 2011
Feb. 25, 2011
Assets:    
Cash and cash equivalents $ 4,685 $ 1,423
Restricted cash 5,625 5,607
Accounts receivable, net 6,517 4,727
Costs and estimated earnings in excess of billings on uncompleted long-term contracts 16,758 10,371
Inventories, net 5,519 4,015
Deferred tax assets, current 4,143 3,807
Prepaid expenses and other current assets 1,235 691
Total current assets 44,482 30,641
Property, plant and equipment, net 14,687 13,359
Software development costs, net 774 802
Deferred tax assets, non-current, net 4,235 5,919
Other assets 4 70
Total assets 64,182 50,791
Liabilities:    
Current portion of long-term debt obligations 161 219
Accounts payable, trade 4,775 4,308
Billings in excess of costs and estimated earnings on uncompleted long-term contracts 7,741 7,534
Customer deposits 3,968 3,907
Accrued income taxes 841 28
Accrued interest and dividends 819 725
Other accrued liabilities 3,236 2,857
Total current liabilities 21,541 19,578
Long-term debt obligations, less current portion:    
Credit facility payable to bank 12,430 3,041
Other long-term debt obligations 40 43
Total long-term debt obligations, less current portion: 12,470 3,084
Total liabilities 34,011 22,662
Commitments and contingencies    
Shareholders' equity:    
Common Stock, $0.05 par value, 50,000,000 shares authorized; 9,116,093 and 9,104,601 shares issued and outstanding at August 26, 2011 and February 25, 2011, respectively 455 455
Additional paid-in capital 10,905 11,932
Accumulated other comprehensive loss (452) (372)
Accumulated deficit (2,928) (6,059)
Total shareholders' equity 30,107 28,083
Non-controlling interest 64 46
Total shareholders' equity attributable to ETC 30,171 28,129
Total liabilities and shareholders' equity 64,182 50,791
Series D Preferred Stock [Member]
   
Shareholders' equity:    
Cumulative convertible participating Preferred Stock 386 386
Series E Preferred Stock [Member]
   
Shareholders' equity:    
Cumulative convertible participating Preferred Stock $ 21,741 $ 21,741