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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 12,724 $ 5,792
Accounts receivable, net 23,109 26,772
Costs and estimated earnings in excess of billings on uncompleted contracts 10,643 8,345
Inventories, net 4,344 4,432
Prepaid expenses and other current assets 2,650 2,509
Assets held for sale   526
Current assets of discontinued operations   76
Total current assets 53,470 48,452
Property, plant and equipment, net 5,651 5,880
Goodwill 14,661 14,713
Intangible assets-finite life, net 526 966
Intangible assets-indefinite life 3,218 3,225
Deferred income tax asset, net 848 602
Deferred charges and other assets 971 953
Total assets 79,345 74,791
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable and accrued expenses 13,569 17,041
Billings in excess of costs and estimated earnings on uncompleted contracts 9,647 7,810
Income taxes payable 393 1,646
Total current liabilities 23,609 26,497
Other liabilities 3,146 2,320
Convertible subordinated notes (including related parties notes of $3,950 in 2011 and 2010) 9,600 10,800
Total liabilities 36,355 39,617
Commitments and contingencies      
Shareholders' equity:    
Preferred stock, $.01 par value; 10,000 shares authorized, none issued      
Common stock, $.01 par value; 100,000,000 shares authorized, 14,654,262 and 14,456,659 shares issued in 2011 and 2010, respectively 146 144
Capital in excess of par value 44,249 43,237
Accumulated earnings (deficit) 1,301 (6,243)
Accumulated other comprehensive loss (2,350) (1,608)
Stockholders' equity before treasury stock 43,346 35,530
Less treasury stock, at cost, 137,920 shares in 2011 and 2010 (356) (356)
Total shareholders' equity 42,990 35,174
Total liabilities and shareholders' equity $ 79,345 $ 74,791