XML 59 R19.htm IDEA: XBRL DOCUMENT

Note 13. Unaudited Quarterly Financial Data

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information [Text Block]

Note 13. UNAUDITED QUARTERLY FINANCIAL DATA

Selected quarterly data for 2012 and 2011 are as follows:

	2012
(in $000's except per share data)	First		Second			Third			Fourth
Net sales	$	12,343	$	12,843		$	11,727		$	14,205
Gross margin	$	2,185	$	2,302		$	2,049		$	2,432
Net earnings (loss)	$	202	$	(126	)	$	(235	)	$	323
Basic net earnings (loss) per share	$	0.02	$	(0.01	)	$	(0.02	)	$	0.03
Diluted net earnings (loss) per share	$	0.02	$	(0.01	)	$	(0.02	)	$	0.03

	2011
(in $000's except per share data)	First			Second		Third			Fourth
Net sales	$	10,807		$	13,150	$	9,759		$	9,178
Gross margin	$	1,917		$	2,684	$	1,759		$	1,631
Net earnings	$	(240	)	$	600	$	(152	)	$	(180	)
Basic net earnings per share	$	(0.02	)	$	0.05	$	(0.01	)	$	(0.02	)
Diluted net earnings per share	$	(0.02	)	$	0.05	$	(0.01	)	$	(0.02	)

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details