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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash and cash equivalents$ 4,116$ 4,572
Accounts receivable, net of allowance for doubtful accounts of $597 and $378, respectively34,75127,567
Inventories46,91735,880
Prepaid expenses and other4,8253,659
Current deferred tax assets1,5601,057
Total current assets92,16972,735
PROPERTY, PLANT AND EQUIPMENT70,46866,734
Less - accumulated depreciation(30,256)(26,928)
Property, plant and equipment, net40,21239,806
GOODWILL, net39,54639,173
PURCHASED INTANGIBLE ASSETS, net45,15848,490
DEFERRED TAX ASSETS842248
OTHER ASSETS, net664941
TOTAL ASSETS218,591201,393
CURRENT LIABILITIES:  
Accounts payable16,42516,109
Accrued expenses4,0163,529
Dividend payable534529
Accrued income taxes930477
Accrued employee compensation and benefits4,4973,711
Customer advances2,7561,531
Lines of credit6,5532,621
Current maturities on long-term debt9,4059,596
Current portion of capital lease obligations120272
Current deferred tax liabilities317
Total current liabilities45,23938,392
LONG-TERM DEBT14,13114,579
CAPITAL LEASE OBLIGATIONS84155
DEFERRED TAX LIABILITIES10,91712,083
OTHER LONG-TERM LIABILITIES1,1941,100
Total liabilities71,56566,309
COMMITMENTS AND CONTINGENT LIABILITIES  
STOCKHOLDERS' EQUITY:  
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares  
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,353,639 and 13,224,696 shares issued and outstanding, respectively667661
Additional paid-in capital54,97052,451
Retained earnings95,50188,210
Other cumulative comprehensive loss(4,212)(6,398)
Total Dynamic Materials Corporation's stockholders' equity146,926134,924
Noncontrolling interest100160
Total stockholders' equity147,026135,084
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 218,591$ 201,393