XML 47 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Operations (USD $)
3 Months Ended
Mar. 29, 2015
Mar. 30, 2014
Income Statement [Abstract]    
Revenues $ 19,177,000us-gaap_SalesRevenueNet $ 15,285,000us-gaap_SalesRevenueNet
Cost of products sold 13,170,000us-gaap_CostOfGoodsAndServicesSold 10,950,000us-gaap_CostOfGoodsAndServicesSold
Gross profit 6,007,000us-gaap_GrossProfit 4,335,000us-gaap_GrossProfit
Operating expenses:    
Research and development 1,359,000us-gaap_ResearchAndDevelopmentExpense 1,436,000us-gaap_ResearchAndDevelopmentExpense
Selling, general and administrative 3,826,000us-gaap_SellingGeneralAndAdministrativeExpense 3,995,000us-gaap_SellingGeneralAndAdministrativeExpense
Total operating expenses 5,185,000us-gaap_OperatingExpenses 5,431,000us-gaap_OperatingExpenses
Operating (loss) income 822,000us-gaap_OperatingIncomeLoss (1,096,000)us-gaap_OperatingIncomeLoss
Other (expense) income:    
Interest income 1,000us-gaap_InterestIncomeDepositsWithFinancialInstitutions 9,000us-gaap_InterestIncomeDepositsWithFinancialInstitutions
Interest and financing expense (67,000)us-gaap_InterestExpense (56,000)us-gaap_InterestExpense
Miscellaneous (122,000)us-gaap_OtherNonoperatingIncomeExpense (16,000)us-gaap_OtherNonoperatingIncomeExpense
(Loss) income from continuing operations before income taxes 634,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (1,159,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax provision (111,000)us-gaap_IncomeTaxExpenseBenefit (60,000)us-gaap_IncomeTaxExpenseBenefit
Net (loss) income from continuing operations 523,000us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (1,219,000)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income (loss) from discontinued operations, net of tax 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax (61,000)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Net (loss) income 523,000us-gaap_ProfitLoss (1,280,000)us-gaap_ProfitLoss
Net (income) loss attributable to noncontrolling interest 10,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (6,000)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net (loss) income attributable to Ultralife 533,000us-gaap_NetIncomeLoss (1,286,000)us-gaap_NetIncomeLoss
Other comprehensive income:    
Foreign currency translation adjustments 22,000us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax 66,000us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
Comprehensive (loss) income attributable to Ultralife $ 555,000us-gaap_ComprehensiveIncomeNetOfTax $ (1,220,000)us-gaap_ComprehensiveIncomeNetOfTax
Net (loss) income per share attributable to Ultralife common shareholders - Basic:    
Continuing operations (in dollars per share) $ 0.03us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ (0.07)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Total (in dollars per share) $ 0.03us-gaap_EarningsPerShareBasic $ (0.07)us-gaap_EarningsPerShareBasic
Net income per share attributable to Ultralife common shareholders - Diluted:    
Continuing operations (in dollars per share) $ 0.03us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare  
Discontinued operations (in dollars per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare  
Total (in dollars per share) $ 0.03us-gaap_EarningsPerShareDiluted  
Weighted average shares outstanding - basic 17,346,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 17,513,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Potential common shares 8,101us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 0us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
Weighted average shares outstanding - diluted 17,354,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding