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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets    
Cash $ 1,435 $ 543
Accounts receivable, net 35,062 37,480
Inventories, net 47,932 39,968
Prepaid expenses and other current assets 2,536 1,910
Deferred income taxes 2,176 2,176
Total current assets 89,141 82,077
Property, plant & equipment, net 9,937 7,145
Other noncurrent assets 1,281 1,543
TOTAL ASSETS 100,359 90,765
Current liabilities    
Accounts payable 23,459 26,579
Income taxes payable 227 1,074
Accrued liabilities 4,919 5,011
Total current liabilities 28,605 32,664
LONG-TERM OBLIGATIONS    
Revolving line of credit 37,199 30,942
Deferred income taxes 136 136
Private placement warrants 9,920 3,666
Other noncurrent liabilities 599 623
TOTAL LIABILITIES 76,459 68,031
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY    
Series A convertible preferred stock - $0.001 par value. Authorized: 114,000 shares. Issued and outstanding: -0- shares at June 30, 2013 and December 31, 2012.      
Common stock - $0.001 par value. Authorized: 50,000,000 shares. Issued: 10,118,379 and 9,909,212 shares at June 30, 2013 and December 31, 2012, respectively. Outstanding: 9,287,454 and 9,078,287 shares at June 30, 2013 and December 31, 2012, respectively. 10 10
Additional paid-in-capital 17,055 10,862
Retained earnings 11,085 16,112
Treasury stock, at cost, 830,925 shares at June 30, 2013 and December 31, 2012. (4,250) (4,250)
TOTAL STOCKHOLDERS' EQUITY 23,900 22,734
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 100,359 $ 90,765