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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 24,455 $ 12,724
Accounts receivable, net 21,281 23,109
Costs and estimated earnings in excess of billings on uncompleted contracts 7,057 10,643
Inventories, net 4,292 4,344
Prepaid expenses and other current assets 2,399 2,650
Total current assets 59,484 53,470
Property, plant and equipment, net 5,128 5,651
Goodwill 14,777 14,661
Intangible assets- finite life, net 274 526
Intangible assets-indefinite life 3,230 3,218
Deferred income tax asset, net 848 848
Deferred charges and other assets 714 971
Total assets 84,455 79,345
Current liabilities:    
Accounts payable and accrued expenses 12,101 13,569
Billings in excess of costs and estimated earnings on uncompleted contracts 8,501 9,647
Income taxes payable 1,531 393
Total current liabilities 22,133 23,609
Other liabilities 3,197 3,146
Convertible subordinated notes (including related parties notes of $3,950 in 2012 and 2011) 8,760 9,600
Total liabilities 34,090 36,355
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, 14,849,502 and 14,654,262 shares issued in 2012 and 2011, respectively 148 146
Capital in excess of par value 45,393 44,249
Accumulated earnings 7,410 1,301
Accumulated other comprehensive loss (2,230) (2,350)
Stockholders' equity before treasury stock 50,721 43,346
Less treasury stock, at cost, 137,920 shares in 2012 and 2011 (356) (356)
Total shareholders' equity 50,365 42,990
Total liabilities and shareholders' equity $ 84,455 $ 79,345