XML 18 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Operations (unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net sales $ 11,727,000 $ 9,759,000 $ 36,913,000 $ 33,716,000
Cost of sales 9,678,000 8,000,000 30,377,000 27,356,000
Gross margin 2,049,000 1,759,000 6,536,000 6,360,000
Engineering, selling & administrative expenses 2,258,000 1,889,000 6,589,000 6,060,000
Operating (Loss) Earnings (209,000) (130,000) (53,000) 300,000
Interest expense 26,000 30,000 86,000 92,000
Other income, net 0 0 (1,000) 0
Income tax expense 0 (8,000) 21,000 0
Net (Loss) Earnings $ (235,000) $ (152,000) $ (159,000) $ 208,000
Earnings per share:        
Basic (loss) earnings per share (in Dollars per share) $ (0.02) $ (0.01) $ (0.01) $ 0.02
Diluted (loss) earnings per share (in Dollars per share) $ (0.02) $ (0.01) $ (0.01) $ 0.02
Basic average common shares outstanding (in Shares) 11,664,224 11,602,233 11,651,099 11,589,108
Diluted average common shares outstanding (in Shares) 11,667,535 11,608,361 11,654,647 11,595,844