XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Note 14 - Recent Accounting and Reporting Developments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Notes Tables |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] |
|  | December 31, 2017 |  |  | Effects of Adoption of Topic 606 |  |  | January 1, 2018 |
Condensed Consolidated Balance Sheet |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Trade and other receivables, net |  | $ | 28,990 |  |  | $ | (420 | ) |  | $ | 28,570 |
Costs and estimated earnings in excess of billings on uncompleted contracts |  |  | 44,502 |  |  |  | (44,502 | ) |  |  | - |
Contract assets |  |  | - |  |  |  | 42,945 |  |  |  | 42,945 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Accrued liabilities |  | $ | 6,563 |  |  | $ | (783 | ) |  | $ | 5,780 |
Billings in excess of costs and estimated earnings on uncompleted contracts |  |  | 2,599 |  |  |  | (2,599 | ) |  |  | - |
Contract liabilities |  |  | - |  |  |  | 2,537 |  |  |  | 2,537 |
Deferred income taxes |  |  | 941 |  |  |  | (257 | ) |  |  | 684 |
Stockholders' equity: |  |  |  |  |  |  |  |  |  |  |  |
Retained earnings |  | $ | 81,757 |  |  | $ | (875 | ) |  | $ | 80,882 |
|  | Three Months Ended September 30, 2018 |  |  | Nine Months Ended September 30, 2018 |
|  | As Reported |  |  | Adjustments |  |  | Balance Without Adjustment for Adoption of Topic 606 |  |  | As Reported |  |  | Adjustments |  |  | Balance Without Adjustment for Adoption of Topic 606 |
Condensed Consolidated Statement of Operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 52,455 |  |  | $ | (477 | ) |  | $ | 51,978 |  |  | $ | 114,605 |  |  | $ | 743 |  |  | $ | 115,348 |
Cost of sales |  |  | 47,252 |  |  |  | (288 | ) |  |  | 46,964 |  |  |  | 109,292 |  |  |  | (156 | ) |  |  | 109,136 |
Operating income (loss) |  |  | 2,497 |  |  |  | (189 | ) |  |  | 2,308 |  |  |  | (5,672 | ) |  |  | 899 |  |  |  | (4,773 | )
Income tax benefit |  |  | (3,456 | ) |  |  | (59 | ) |  |  | (3,515 | ) |  |  | (3,836 | ) |  |  | 3 |  |  |  | (3,833 | )
Net income |  |  | 27,801 |  |  |  | (130 | ) |  |  | 27,671 |  |  |  | 20,164 |  |  |  | 896 |  |  |  | 21,060 |
|  | September 30, 2018 |  |
|  | As Reported |  |  | Adjustments |  |  | Balance Without Adjustment for Adoption of Topic 606 |  |
Condensed Consolidated Balance Sheet |  |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Trade and other receivables, net |  | $ | 33,955 |  |  | $ | 463 |  |  | $ | 34,418 |  |
Costs and estimated earnings in excess of billings on uncompleted contracts |  |  | - |  |  |  | 66,200 |  |  |  | 66,200 |  |
Contract assets |  |  | 64,130 |  |  |  | (64,130 | ) |  |  | - |  |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |
Accrued liabilities |  | $ | 6,063 |  |  | $ | 627 |  |  | $ | 6,690 |  |
Billings in excess of costs and estimated earnings on uncompleted contracts |  |  | - |  |  |  | 677 |  |  |  | 677 |  |
Contract liabilities |  |  | 802 |  |  |  | (802 | ) |  |  | - |  |
Deferred income taxes |  |  | 67 |  |  |  | 260 |  |  |  | 327 |  |
Stockholders' equity: |  |  |  |  |  |  |  |  |  |  |  |  |
Retained earnings |  | $ | 101,046 |  |  | $ | 1,771 |  |  | $ | 102,817 |  |

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration