XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 8,486 $ 9,656
Restricted cash 422 422
Trade accounts receivable (less allowance for doubtful accounts of $280 at March 31, 2013 and $322 at December 31, 2012) 17,280 20,913
Inventories 28,281 30,370
Due from insurance company 696 723
Deferred tax asset - current 181 120
Income taxes receivable 118 28
Prepaid expenses and other current assets 1,575 1,590
Total current assets 57,039 63,822
Property, plant and equipment, net 11,778 12,415
Other assets:    
Goodwill 16,357 16,344
Intangible assets, net 4,942 5,039
Security deposits and other long-term assets 2,126 98
23,425 21,481
Total Assets 92,242 97,718
Current liabilities:    
Accounts payable 8,710 11,357
Income taxes payable 2 2
Deferred tax liability - current 73  
Other current liabilities 4,997 8,533
Total current liabilities 13,782 19,892
Long-term liabilities:    
Deferred tax liability - long-term 4,297 4,160
Other long-term liabilities 209 210
Total long-term liabilities 4,506 4,370
Commitments and contingencies (Note 10)      
Ultralife equity:    
Preferred stock, par value $0.10 per share, authorized 1,000,000 shares; none issued and outstanding      
Common stock, par value $0.10 per share, authorized 40,000,000 shares; issued - 18,831,734 at March 31, 2013 and 18,828,734 at December 31, 2012 1,886 1,886
Capital in excess of par value 173,993 173,791
Accumulated other comprehensive loss (747) (620)
Accumulated deficit (93,449) (93,878)
81,683 81,179
Less --Treasury stock, at cost -- 1,372,757 shares at March 31, 2013 and 1,372,757 shares at December 31, 2012 outstanding 7,658 7,658
Total Ultralife equity 74,025 73,521
Noncontrolling interest (71) (65)
Total shareholders' equity 73,954 73,456
Total Liabilities and Shareholders' Equity $ 92,242 $ 97,718