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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,640 $ 2,116
Accounts receivable, less allowance for doubtful accounts of $1,687 and $1,912, respectively 31,387 43,239
Inventories 51,484 55,498
Miscellaneous receivables and prepaid expenses 5,451 7,064
Deferred income taxes 17 5,716
Discontinued operations 350 410
Total current assets 90,329 114,043
Property, plant and equipment, less accumulated depreciation and amortization 67,155 52,702
Cash value of life insurance 14,943 15,490
Deferred income taxes 55 11,864
Goodwill 0 28,148
Other assets 449 501
Total assets 172,931 222,748
Current liabilities:    
Revolving line of credit 16,127 0
Accounts payable 11,833 22,967
Accrued expenses and other liabilities 31,762 28,231
Discontinued operations 106 681
Total current liabilities 59,828 51,879
Noncurrent liabilities and deferred credits:    
Security bonus plan 18,837 23,310
Deferred compensation 5,868 9,279
Financing lease obligation 10,786 3,377
Deferred rent liability 4,621 17
Other 2,258 714
Total noncurrent liabilities 42,370 36,697
Stockholders' equity:    
Authorized - 500,000 shares, Issued and outstanding - None 0 0
Authorized - 35,000,000 shares, Issued – 8,614,837 and 8,580,753 shares Outstanding – 8,605,901 and 8,574,291 shares 8,615 8,581
Capital in excess of par value 6,951 6,210
Retained earnings 52,764 117,371
Treasury stock – 8,936 and 6,462 shares held, respectively (155) (130)
Accumulated other comprehensive income 2,558 2,140
Total stockholders’ equity 70,733 134,172
Total liabilities and stockholders’ equity $ 172,931 $ 222,748