Katy Industries - Balance Sheet (in thousands) (USD $) In Thousands, unless otherwise specified	Mar. 29, 2013	Dec. 31, 2012
CURRENT ASSETS:
Cash	$ 607	$ 621
Accounts receivable, net	10,910	9,270
Inventories, net	12,566	12,733
Other current assets	1,666	1,456
Assets held for sale	1,675	1,675
Total current assets	27,424	25,755
OTHER ASSETS:	1,814	1,835
PROPERTY AND EQUIPMENT
Land and improvements	251	251
Buildings and improvements	3,084	3,084
Machinery and equipment	51,873	51,783
	55,208	55,118
Less - Accumulated depreciation	(47,245)	(46,716)
Property and equipment, net	7,963	8,402
Total assets	37,201	35,992
CURRENT LIABILITIES:
Accounts payable	7,577	6,172
Book overdraft	268	493
Accrued compensation	2,163	1,423
Accrued expenses	9,395	8,775
Payable to related party	2,375	2,250
Deferred revenue	186	688
Revolving credit agreement	12,273	10,903
Liabilities held for sale	232
Total current liabilities	34,469	30,704
DEFERRED REVENUE	465	1,917
OTHER LIABILITIES	5,702	5,964
Total liabilities	40,636	38,585
STOCKHOLDERS’ EQUITY
15% Convertible preferred stock, $100 par value; authorized 1,200,000 shares; issued and outstanding 1,131,551 shares; liquidation value $113,155	108,256	108,256
Common stock, $1 par value; authorized 35,000,000 shares; issued 9,822,304 shares	9,822	9,822
Additional paid-in capital	27,110	27,110
Accumulated other comprehensive loss	(2,475)	(2,463)
Accumulated deficit	(124,711)	(123,881)
Treasury stock, at cost, 1,871,128 shares	(21,437)	(21,437)
Total stockholders' equity	(3,435)	(2,593)
Total liabilities and stockholders' equity	$ 37,201	$ 35,992