XML 114 R41.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 17 - Transition Period Comparative Data (Tables)
12 Months Ended
Dec. 31, 2012
Transition Period Comparative Data [Table Text Block]
   
Year Ended
   
Six Months Ended
 
   
December 31,
2012
   
December 31,
2011
   
December 31,
2011
   
December 31,
2010
 
         
(unaudited)
         
(unaudited)
 
Operating Data:
                       
Sales
  $ 338,232     $ 279,656     $ 146,563     $ 115,142  
Less: excise tax
    3,897       193       86       213  
Net sales
    334,335       279,463       146,477       114,929  
Cost of sales
    309,312       272,786       143,531       95,783  
Gross profit
    25,023       6,677       2,946       19,146  
                                 
Selling, general and administrative expenses
    26,536       21,987       11,417       10,587  
Other operating costs and (gain) loss on sale of assets, net
    (569 )     539       114       650  
Impairment of long-lived assets
    -       1,301       1,301       -  
Bargain purchase gain, net of tax
    -       (13,048 )     (13,048 )     -  
Income (loss) from operations
    (944 )     (4,102 )     3,162       7,909  
                                 
Gain on sale of joint venture interest
    4,055       -       -       -  
Other income, net
    2       53       48       3  
Interest expense
    (870 )     (422 )     (330 )     (266 )
Equity in earnings (loss)
    (301 )     (2,723 )     (551 )     632  
Income (loss) before income taxes
    1,942       (7,194 )     2,329       8,278  
                                 
Provision (benefit) for income taxes
    318       (8,272 )     (8,306 )     34  
Net income (loss)
  $ 1,624       1,078       10,635       8,244  
                                 
Other comprehensive income loss, net
    802       1968       (1,020 )     (176 )
Comprehensive income
  $ 2,426     $ 3,046     $ 9,615     $ 8,068  
                                 
Per Share Data
                               
Total basic earnings per common share
  $ 0.09     $ 0.06     $ 0.59     $ 0.46  
Total diluted earnings per common share
  $ 0.09     $ 0.06     $ 0.59     $ 0.46  
Shares used in computing basic earnings per share
    16,951,168       16,804,797       16,875,924       16,684,606  
Shares used in computing diluted earnings per share
    16,951,168       16,808,883       16,879,153       16,702,189  
                                 
Dividends per common share
  $ 0.05     $ 0.05     $ 0.05     $ 0.05  
                                 
Cash Flow Data:
                               
Net cash used in operating activities
  $ (5,026 )   $ (5,480 )   $ (9,603 )   $ (1,160 )
Net cash provided by (used in) investing activities
    3,205       (21,435 )     (12,324 )     (3,663 )
Net cash provided by (used in) financing activities
    1,438       26,826       14,707       (1,074 )
                                 
Net increase (decrease) in cash and cash equivalents
  $ (383 )   $ 89     $ (7,220 )   $ (5,897 )