XML 30 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Balance Sheets - Unaudited (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 10,985 $ 4,147
Accounts receivable, less allowances of $155 and $161, respectively 5,190 5,782
Inventories 6,869 5,947
Deferred income taxes 1,295 1,295
Prepaid expenses and other current assets 310 317
Total Current Assets 24,649 17,488
Property, Plant and Equipment:    
Land 672 668
Buildings and improvements 5,447 5,000
Machinery and equipment 14,633 13,918
Gross Property, Plant and Equipment 20,752 19,586
Less: accumulated depreciation (16,094) (15,758)
Net Property, Plant and Equipment 4,658 3,828
Deferred income taxes, net 1,842 2,055
Other assets, net 269 354
Total Assets 31,418 23,725
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 2,880 2,033
Accrued compensation and commissions expense 1,447 1,302
Other accrued expenses 689 1,025
Current maturities of long-term debt 335 299
Total Current Liabilities 5,351 4,659
Long-term debt, net of current portion 201 370
Total Liabilities 5,552 5,029
Commitments and Contingencies 0 0
Stockholders' Equity:    
Common stock, $0.01 par value - 10,000,000 shares authorized; 2,617,260 and 2,267,260 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 26 22
Additional paid-in capital 27,411 20,893
Accumulated deficit (1,594) (2,181)
Accumulated other comprehensive income (loss) 23 (38)
Total Stockholders' Equity 25,866 18,696
Total Liabilities and Stockholders' Equity $ 31,418 $ 23,725