v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 4,180 $ 4,840
Accounts receivable (less allowance for doubtful accounts of $387 in 2011 and $656 in 2010) 10,900 9,863
Inventories, net 25,852 25,912
Prepaid expenses 736 869
Deferred income taxes, net 1,787 1,768
Income tax refunds receivable 206 136
Total current assets 43,661 43,388
Property, plant and equipment 1,313 1,707
Other assets 2,762 2,687
Assets, Total 47,736 47,782
Current liabilities:    
Accounts payable 3,394 3,375
Accrued liabilities 3,223 3,256
Total current liabilities 6,617 6,631
Long-term obligations    
Line of credit 10,895 10,113
Total liabilities 17,512 16,744
Commitments and contingencies      
Stockholders' Equity:    
Preferred stock, $.001 par value; authorized: 2,000,000 shares; none issued or outstanding      
Common stock, $.001 par value; authorized: 10,000,000 shares; 4,781,597 and 4,660,097 issued as of December 31, 2011 and 2010, respectively 17,320 16,861
Accumulated other comprehensive earnings 1,487 1,874
Retained earnings 11,417 12,303
Total stockholders' equity 30,224 31,038
Liabilities and Equity, Total $ 47,736 $ 47,782