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BASIS OF PRESENTATION
6 Months Ended
Jul. 03, 2011
Basis of Presentation [Abstract]  
BASIS OF PRESENTATION

NOTE A — BASIS OF PRESENTATION

The unaudited interim condensed consolidated financial statements of MISCOR Group, Ltd. (the “Company”) as ofand for the six months ended July 3, 2011 and July 4, 2010, have been prepared in accordance with generally accepted accounting principles for interim information and the rules and regulations of the Securities and Exchange Commission forinterim financial information. Accordingly, they do not contain all of the information and footnotes required by generally accepted accounting principles for complete financial statements. However, in the opinion of the Company’s management,all adjustments, consisting of normal, recurring adjustments, considered necessary for a fair statement have been included. The results for the six months ended July 3, 2011 are not necessarily indicative of the results to be expected for theyear ending December 31, 2011. Refer to our Annual Report on Form 10-K for the fiscal year ended December 31, 2010 for the most recent disclosure of the Company’s accounting policies.

As a result of the sale of the Company’s Construction and Engineering Services operations and the sale and planned sale of theCompany’s Rail Services operations, the financial results associated with these operations were classified as discontinued operations on the Company’s Condensed Consolidated Statement of Operations and held-for-sale on the CondensedConsolidated Balance Sheets (See Note C, Discontinued and Held-for-sale Operations).

The Company has obtained a 60-dayextension (Ninth Amendment) of its Wells Fargo line of credit, through August 30, 2011. The Company and Wells Fargo have not yet finalized the new credit facility it needs to be able to retire the Wells Fargo line of credit by theAugust 30, 2011 termination date and to operate throughout the remainder of 2011. Additionally, $4,000 of other debt is currently scheduled to mature in 2011. These conditions, coupled with its recurring losses from operations, raisesubstantial doubt as to the Company’s ability to continue as a going concern. No adjustments to the reported financial statements have been made that may result from this uncertainty.