XML 34 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jul. 03, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 3,551 $ 4,641
Restricted cash 482 464
Trade accounts receivable (less allowance for doubtful accounts of $568 at July 3, 2011 and $490 at December 31, 2010) 25,162 34,270
Inventories 32,056 33,122
Due from insurance company 1,225 0
Deferred tax asset - current 208 208
Prepaid expenses and other current assets 1,761 2,949
Total current assets 64,445 75,654
Property, plant and equipment, net 13,649 14,485
Other assets:    
Goodwill 18,318 18,276
Intangible assets, net 5,844 6,150
Security deposits and other long-term assets 183 270
Total other assets 24,345 24,696
Total Assets 102,439 114,835
Current liabilities:    
Current portion of debt and capital lease obligations 3,757 8,717
Accounts payable 14,097 16,409
Income taxes payable 30 54
Other current liabilities 9,986 11,165
Total current liabilities 27,870 36,345
Long-term liabilities:    
Debt and capital lease obligations 1 251
Deferred tax liability - long-term 4,040 3,906
Other long-term liabilities 1,146 538
Total long-term liabilities 5,187 4,695
Commitments and contingencies (Note 11)    
Ultralife equity:    
Preferred stock, par value $0.10 per share, authorized 1,000,000 shares; none issued and outstanding 0 0
Common stock, par value $0.10 per share, authorized 40,000,000 shares; issued - 18,678,907 at July 3, 2011 and 18,639,683 at December 31, 2010 1,871 1,865
Capital in excess of par value 171,599 171,020
Accumulated other comprehensive loss (975) (1,262)
Accumulated deficit (95,451) (90,200)
Total equity 77,044 81,423
Less --Treasury stock, at cost - 1,372,757 shares at July 3, 2011 and 1,371,900 shares at December 31, 2010 outstanding 7,658 7,652
Total Ultralife equity 69,386 73,771
Noncontrolling interest (4) 24
Total shareholders' equity 69,382 73,795
Total Liabilities and Shareholders' Equity $ 102,439 $ 114,835