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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 6,402,000 $ 4,586,000
Accounts receivable, less allowance for doubtful accounts of $800,000 and $680,000, respectively 29,824,000 27,956,000
Accounts receivable - other 3,243,000 4,135,000
Prepaid expenses and other current assets 5,916,000 4,497,000
Inventories 60,775,000 58,282,000
TOTAL CURRENT ASSETS 106,160,000 99,456,000
PROPERTY, PLANT AND EQUIPMENT, NET 17,515,000 16,285,000
OTHER INTANGIBLE ASSETS, NET 15,255,000 16,288,000
GOODWILL 4,135,000 4,135,000
DEFERRED INCOME TAXES 4,105,000 3,636,000
OTHER ASSETS 178,000 137,000
147,348,000 139,937,000
CURRENT LIABILITIES:    
Accounts payable 14,092,000 9,706,000
Other current liabilities 6,763,000 8,995,000
Current portion of long-term debt 2,937,000 2,375,000
Current portion of acquisition-related contigent liability 3,169,000 1,189,000
TOTAL CURRENT LIABILITIES 26,961,000 22,265,000
LONG TERM DEBT 20,500,000 22,660,000
LONG-TERM PENSION LIABILITY 7,941,000 8,084,000
LONG-TERM ACQUISITION-RELATED CONTINGENT LIABILITY 3,830,000 5,745,000
OTHER LONG-TERM LIABILITIES 620,000 580,000
DEFERRED INCOME TAXES $ 30,000 $ 191,000
COMMITMENTS AND CONTINGENCIES (NOTE 5)    
SHAREHOLDERS' EQUITY:    
Preferred stock, $.001 par value - authorized 300,000 shares (none issued)    
Common stock, $.001 par value - authorized 50,000,000 shares, issued and outstanding - 13,792,433 and 13,514,566, respectively. $ 14,000 $ 13,000
Additional paid-in capital 32,583,000 29,501,000
Retained earnings 60,357,000 56,843,000
Accumulated other comprehensive loss, net of tax:    
Pensions (5,376,000) (5,834,000)
Cash flow hedges (112,000) (111,000)
TOTAL SHAREHOLDERS' EQUITY 87,466,000 80,412,000
147,348,000 139,937,000
Finished goods 48,309,000 44,610,000
Work in process 1,019,000 323,000
Raw materials 11,447,000 13,349,000
Inventories $ 60,775,000 $ 58,282,000