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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 2,900 $ 4,148
Accounts receivable-trade, net of allowance of $315 and $327 at June 30, 2014 and December 31, 2013 10,578 10,462
Inventories, net of allowance of $57 and $40 at June 30, 2014 and December 31, 2013 3,542 3,184
Cost and estimated earnings in excess of billings on uncompleted contracts 5,214 5,312
Prepaid expenses and other current assets 406 376
Current assets held for sale 2,161 3,113
Total current assets 24,801 26,595
Property, plant and equipment, net 7,475 4,077
Advances to and investments in foreign joint ventures 11,458 13,033
Other assets 72 126
Long-term assets held for sale 1,022 2,005
Total assets 44,828 45,836
Current liabilities:    
Accounts payable 6,312 5,327
Accrued payroll and benefits 1,070 1,911
Other accrued expenses 172 397
Billings in excess of costs and estimated earnings on uncompleted contracts 2,920 3,021
Short-term notes payable      
Other current liabilities 49 121
Current liabilities held for sale 719 536
Total current liabilities 11,242 11,313
Notes payable 500 500
Deferred income taxes 3,422 3,541
Deferred compensation 250 211
Total liabilities 15,414 15,565
Convertible preferred stock:    
Redeemable convertible preferred stock, Series A, net of discount of $742 at June 30, 2014 and $764 at December 31, 2013; $0.001 par value, 1,000,000 shares authorized, issued and outstanding at June 30, 2014 and December 31, 2013 4,258 4,236
Stockholders’ equity:    
Common stock; $0.001 par value, 50,000,000 shares authorized, 8,176,833 and 8,008,759 shares issued and outstanding at June 30, 2014 and December 31, 2013 8 8
Treasury stock, at cost (108,976 shares at June 30, 2014 and 49,863 shares at December 31, 2013) (704) (238)
Additional paid-in capital 10,996 10,494
Accumulated other comprehensive income 982 983
Retained earnings; including accumulated statutory reserves in equity method investments of $1,857 at June 30, 2014 and December 31, 2013 13,874 14,788
Total stockholders’ equity 25,156 26,035
Total liabilities and stockholders’ equity $ 44,828 $ 45,836