XML 58 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Deferred Tax Liabilities, Net $ 1,153,000  
Current assets:    
Cash and cash equivalents 0 $ 1,891,000
Accounts receivable, net 45,846,000 45,468,000
Inventory, Net 23,413,000 25,765,000
Costs in Excess of Billings, Current 1,061,000 3,915,000
Prepaid expenses and other current assets 5,829,000 7,178,000
Total current assets 75,088,000 80,302,000
Operating Lease, Right-of-Use Asset, Noncurrent 4,823,000 0
Property, Plant and Equipment, Net 80,428,000 80,657,000
Goodwill 17,376,000 21,476,000
Intangible Assets, Net (Excluding Goodwill) 13,952,000 15,413,000
Other Assets, Noncurrent 3,371,000 3,350,000
Total Assets 195,038,000 201,198,000
Current liabilities:    
Revolving line of credit 0 17,375,000
Current portion of long-term debt 38,220,000 3,230,000
Line of Credit, Current 20,817,000 0
Accounts payable 22,481,000 25,450,000
Tooling in progress 1,344,000 1,686,000
Accrued liabilities:    
Compensation and related benefits 6,241,000 5,154,000
Other 7,009,000 6,357,000
Total current liabilities 94,768,000 40,191,000
Operating Lease, Liability, Noncurrent 3,445,000 0
Long-term debt 0 37,784,000
Post retirement benefits liability 6,906,000 6,919,000
Total Liabilities 105,119,000 102,269,000
Stockholders' Equity:    
Preferred stock — $0.01 par value, authorized shares — 10,000,000; no shares outstanding at September 30, 2019 and December 31, 2018 0 0
Common stock — $0.01 par value, authorized shares – 20,000,000; outstanding shares: 7,854,736 at September 30, 2019 and 7,776,164 December 31, 2018 79,000 78,000
Paid-in capital 34,472,000 33,208,000
Accumulated other comprehensive income, net of income taxes 1,663,000 2,117,000
Treasury stock (28,463,000) (28,403,000)
Retained earnings 82,168,000 91,929,000
Total Stockholders' Equity 89,919,000 98,929,000
Total Liabilities and Stockholders' Equity 195,038,000 201,198,000
Commitments and Contingencies $ 0 $ 0