XML 13 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:    
Cash and cash equivalents $ 2,294 $ 2,559
Trade accounts receivable, net 5,430 3,888
Inventories 15,230 11,021
Other current assets 867 728
Total current assets 23,821 18,196
Property, Plant and Equipment, Net 20,484 18,952
Other Assets 24 23
Total Assets 44,329 37,171
CURRENT LIABILITIES:    
Accounts payable 4,409 2,544
Accrued expenses 2,948 1,436
Notes payable under lines of credit 1,257 783
Export credit refinancing facility 543 264
Current deferred tax liability 60 64
Current maturities - capital leases 12 46
Current maturities of long-term debt - financial institutions 506 533
Total current liabilities 9,735 5,670
LONG-TERM DEBT, EXCLUDING CURRENT MATURITIES    
Capital leases 11 18
Long-term debt - financial institutions 2,722 2,847
Long-term debt - convertible debentures, net 1,184 1,176
DEFERRED TAX LIABILITY 721 582
Total liabilities 14,373 10,293
COMMITMENTS AND CONTINGENCIES    
SHAREHOLDERS' EQUITY:    
Series A 6% convertible preferred stock $.01 par value: authorized, 5,000 shares; 5 and 200 shares issued and outstanding at 6/30/2011 and 12/31/2010, respectively   2
Common stock $1.25 par value: authorized, 6,000 shares; 2,122 and 1,934 shares issued and outstanding at 6/30/2011 and 12/31/2010, respectively 2,652 2,416
Additional paid-in capital 25,807 25,363
Accumulated deficit (3,938) (5,579)
Accumulated other comprehensive income:    
Cumulative translation adjustment 5,435 4,676
Total shareholders' equity 29,956 26,878
Total Liabilities and Shareholders' Equity $ 44,329 $ 37,171