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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 3,749 $ 1,364
Accounts receivable-trade, net of allowance of $393 and $453 at December 31, 2011 and December 31, 2010, respectively 11,291 8,772
Inventories, net 4,945 3,820
Costs and estimated earnings in excess of billings on uncompleted contracts 2,026 3,487
Prepaid expenses and other current assets 336 358
Deferred income taxes   656
Total current assets 22,347 18,457
Property, plant and equipment, net 4,489 4,705
Advances to and investments in foreign joint ventures 9,308 8,375
Deferred tax asset and other assets 87 2,490
Total assets 36,231 34,027
Liabilities and Stockholders' Equity    
Accounts payable 5,772 3,926
Accrued payroll and benefits 1,414 916
Other accrued expenses 835 369
Billings in excess of costs and estimated earnings on uncompleted contracts 2,909 1,056
Short-term notes payable 154 194
Other current liabilities 20 20
Total current liabilities 11,104 6,481
Notes payable 5,057 4,221
Deferred income taxes 2,433  
Deferred compensation 116 399
Total liabilities 18,710 11,101
Commitments and contingencies (see note 14)      
Stockholders' equity:    
Preferred Stock, at redemption value      
Common stock; $0.001 par value, 50,000,000 shares authorized, 7,828,509 and 7,752,965 shares issued and outstanding at December 31, 2011 and December 31, 2010, respectively 8 8
Additional paid-in capital 8,171 7,845
Accumulated other comprehensive income 849 692
Retained earnings; including accumulated statutory reserves in equity method investments of $1,284 and $945 at December 31, 2011 and December 31, 2010, respectively 8,493 14,381
Total stockholders' equity 17,521 22,926
Total liabilities and stockholders' equity $ 36,231 $ 34,027