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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
CURRENT ASSETS:    
Cash and cash equivalents $ 5,276 $ 4,572
Accounts receivable, net of allowance for doubtful accounts of $424 and $378, respectively 36,368 27,567
Inventories 43,218 35,880
Prepaid expenses and other 4,858 3,659
Current deferred tax assets 1,469 1,057
Total current assets 91,189 72,735
PROPERTY, PLANT AND EQUIPMENT 72,914 66,734
Less - accumulated depreciation (31,512) (26,928)
Property, plant and equipment, net 41,402 39,806
GOODWILL, net 37,507 39,173
PURCHASED INTANGIBLE ASSETS, net 42,054 48,490
DEFERRED TAX ASSETS 485 248
OTHER ASSETS, net 789 941
TOTAL ASSETS 213,426 201,393
CURRENT LIABILITIES:    
Accounts payable 14,753 16,109
Accrued expenses 5,358 3,529
Dividend payable 535 529
Accrued income taxes 780 477
Accrued employee compensation and benefits 4,666 3,711
Customer advances 1,918 1,531
Lines of credit 13 2,621
Current maturities on long-term debt 1,153 9,596
Current portion of capital lease obligations 66 272
Current deferred tax liabilities 68 17
Total current liabilities 29,310 38,392
LINES OF CREDIT 26,462  
LONG-TERM DEBT 118 14,579
CAPITAL LEASE OBLIGATIONS 70 155
DEFERRED TAX LIABILITIES 10,185 12,083
OTHER LONG-TERM LIABILITIES 1,238 1,100
Total liabilities 67,383 66,309
COMMITMENTS AND CONTINGENT LIABILITIES      
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares      
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,367,169 and 13,224,696 shares issued and outstanding, respectively 668 661
Additional paid-in capital 55,983 52,451
Retained earnings 98,565 88,210
Other cumulative comprehensive loss (9,256) (6,398)
Total Dynamic Materials Corporation's stockholders' equity 145,960 134,924
Non-controlling interest 83 160
Total stockholders' equity 146,043 135,084
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 213,426 $ 201,393