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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 9,155 $ 3,553
Trade receivables, net of allowance for doubtful accounts of $284 and $226 at December 31, 2011 and 2010, respectively 11,689 11,753
Inventories, net 14,429 11,787
Deferred income taxes 1,254 402
Prepaid expenses and other assets 1,881 1,415
Total Current Assets 38,408 28,910
Property, plant and equipment, net 7,352 6,923
Deferred income taxes 4,326 5,533
Intangible assets, net 2,936 3,704
Goodwill 5,665 5,936
Total Assets 58,687 51,006
Current Liabilities:    
Debt obligations 157 795
Accounts payable 6,598 6,506
Accrued liabilities 6,800 6,648
Contingent consideration 1,313  
Income taxes payable 1,272 562
Total Current Liabilities 16,140 14,511
Contingent consideration   2,386
Deferred income taxes 973 1,070
Deferred compensation arrangements 1,736 642
Pension and post-retirement obligations 3,516 2,453
Total Liabilities 22,365 21,062
Commitments and Contingencies      
Stockholders' Investment:    
Common stock, no par value, authorized 50,000 shares; 8,466 and 8,110 shares issued and outstanding at December 31, 2011 and 2010, respectively 21,568 20,473
Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding      
Retained earnings 15,970 9,342
Accumulated other comprehensive income (1,216) 129
Total Stockholders' Investment 36,322 29,944
Total Liabilities and Stockholders' Investment $ 58,687 $ 51,006