XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 3,376,000 $ 7,838,000
Accounts receivable (less allowance for doubtful accounts) 19,439,000 14,623,000
Inventories:    
Finished goods 1,752,000 1,664,000
Work in process 1,381,000 1,450,000
Stores 6,732,000 6,851,000
Total inventories, net 9,865,000 9,965,000
Deferred tax asset-current portion 1,698,000 1,698,000
Foreign sales tax receivable 1,298,000 1,268,000
Income Taxes Receivable 0 1,271,000
Prepaid expenses and other current assets 1,078,000 1,063,000
Tooling in progress 295,000 0
Total current assets 37,049,000 37,726,000
Property, plant and equipment — net 54,834,000 51,558,000
Deferred tax asset 1,519,000 1,466,000
Goodwill 1,097,000 1,097,000
Other assets 0 2,000
Total Assets 94,499,000 91,849,000
Current liabilities:    
Current portion of long-term debt 3,314,000 3,734,000
Current portion of interest rate swaps 79,000 114,000
Accounts payable 7,811,000 6,871,000
Tooling in progress 0 3,000
Current portion of post retirement benefits liability 1,065,000 1,065,000
Accrued liabilities:    
Compensation and related benefits 5,613,000 6,284,000
Taxes 474,000 260,000
Other 1,010,000 756,000
Total current liabilities 19,366,000 19,087,000
Long-term debt 2,857,000 5,743,000
Interest rate swaps 45,000 99,000
Post retirement benefits liability 8,735,000 8,922,000
Total Liabilities 31,003,000 33,851,000
Commitments and Contingencies 0 0
Stockholders' Equity:    
Preferred stock - $0.01 par value, authorized shares - 10,000,000 0 0
Common stock - $0.01 par value, authorized shares - 20,000,000 73,000 71,000
Paid-in capital 26,262,000 25,526,000
Accumulated other comprehensive income, net of income taxes 3,051,000 3,187,000
Treasury stock (27,082,000) (26,748,000)
Retained earnings 61,192,000 55,962,000
Total Stockholders' Equity 63,496,000 57,998,000
Total Liabilities and Stockholders' Equity $ 94,499,000 $ 91,849,000