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SCB ACQUISITION (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 17, 2010
Accounts receivable $ 1,576
Inventories 2,896
Other current assets 29
Leasehold improvements 1,169
Machinery & equipment 1,344
Furniture & fixtures 236
Intangible assets 6,000
Goodwill 13,708
Deferred income taxes 122
Total assets acquired 27,080
Accounts payable 560
Accruals and other liabilities 129
Total liabilities assumed 689
Net assets acquired/purchase price 26,391
Funded with bank debt 25,782
Funded with 100,000 shares of IEC common stock 609
Total funding for SCB acquisition $ 26,391