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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 5,530$ 1,362
Net loss from discontinued operations0(155)
Net income from continuing operations5,5301,517
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization1,0861,322
Amortization of deferred financing fees6886
Gain on sale of operating equipment0(608)
Share based compensation expense538790
Bad debt expense212163
Provision for inventory obsolescence196100
Changes in operating assets and liabilities:  
Accounts receivable5,9423,023
Inventories(820)(309)
Costs and estimated earnings in excess of billings on uncompleted contracts(1,923)1,094
Prepaid expenses and other current assets(96)(101)
Deferred charges and other assets(138)239
Accounts payable and accrued expenses(5,041)(3,847)
Billings in excess of costs and estimated earnings on uncompleted contracts684(3,108)
Accrued income taxes(1,171)314
Other liabilities(197)193
Net cash provided by continuing operating activities4,870868
Net cash provided by discontinued operating activities9857
Net cash provided by operating activities4,8791,725
Cash flows from investing activities:  
Acquisition of property and equipment(654)(400)
Net proceeds from sale of property6361,411
Net cash (used in) provided by investing activities(18)1,011
Cash flows from financing activities:  
Net borrowings on revolving credit lines0690
Proceeds from exercise of stock options11111
Cash paid for deferred financing costs0(347)
Cash paid for repurchase of common shares(483)0
Repayment of term debt0(298)
Dividends paid to shareholders(363)0
Net cash (used in) provided by financing activities(735)56
Net increase in cash4,1262,792
Cash and cash equivalents at beginning of the period5,7921,393
Cash and cash equivalents at end of the period9,9184,185
Supplemental Schedule of Non-Cash Activities:  
Conversion of subordinated debt to common stock7000
Supplemental Disclosures of Cash Flow Information:  
Interest8721,261
Income taxes$ 4,294$ (234)