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Condensed Consolidated Balance Sheets - Unaudited (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 7,926 $ 13,709
Restricted Cash and Cash Equivalents, Current 4,000 0
Accounts receivable, less allowances of $116 and $131, respectively (Note A) 4,245 4,309
Inventories, net (Notes C) 5,908 5,676
Deferred income taxes 960 960
Prepaid expenses and other current assets 259 292
Total Current Assets 23,298 24,946
Property, Plant and Equipment:    
Land 640 640
Buildings and improvements 3,776 3,620
Machinery and equipment 15,374 15,001
Gross property, plant and equipment 19,790 19,261
Less: accumulated depreciation (14,977) (14,731)
Net property, plant and equipment 4,813 4,530
Deferred income taxes, net 2,762 2,385
Other assets, net 536 560
Total Assets 31,409 32,421
Current Liabilities:    
Note payable to bank (Note D) 2,517 3,026
Accounts payable 2,057 1,755
Accrued compensation and commissions expense 1,328 1,102
Other accrued expenses 310 545
Current maturities of long-term debt (Note D) 231 400
Total Current Liabilities 6,443 6,828
Long-term debt, net of current portion (Note D) 0 0
Total Liabilities 6,443 6,828
Stockholders' Equity:    
Common stock, $0.01 par value - 10,000,000 shares authorized; 2,635,320 shares issued and 2,599,866 shares outstanding at March 31, 2012, and 2,628,188 shares issued and 2,592,734 shares outstanding at December 31, 2011 26 26
Additional paid-in capital 27,834 27,656
Accumulated deficit (2,607) (1,799)
Treasury stock; 35,454 shares held in treasury at cost at March 31, 2012 and December 31, 2011 (315) (315)
Accumulated other comprehensive income (loss) 28 25
Total Stockholders' Equity 24,966 25,593
Total Liabilities and Stockholders' Equity $ 31,409 $ 32,421