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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 8,174 $ 8,200
Accounts receivable, net of allowance for doubtful accounts of $440 and $406, respectively 32,912 36,981
Inventory 46,862 48,320
Prepaid expenses and other 5,972 5,091
Current deferred tax assets 1,634 2,074
Total current assets 95,554 100,666
PROPERTY, PLANT AND EQUIPMENT 93,871 90,621
Less - accumulated depreciation (37,608) (36,645)
Property, plant and equipment, net 56,263 53,976
GOODWILL, net 36,125 37,431
PURCHASED INTANGIBLE ASSETS, net 39,428 41,958
DEFERRED TAX ASSETS 1,107 804
OTHER ASSETS, net 530 596
TOTAL ASSETS 229,007 235,431
CURRENT LIABILITIES:    
Accounts payable 10,449 11,281
Accrued expenses 4,491 4,564
Dividend payable 547 540
Accrued income taxes 295 406
Accrued employee compensation and benefits 3,927 4,977
Customer advances 1,383 1,363
Current debt obligations 64 1,046
Current portion of capital lease obligations 50 52
Current deferred tax liabilities 155 149
Total current liabilities 21,361 24,378
LINES OF CREDIT 38,256 37,779
LONG-TERM DEBT 37 55
CAPITAL LEASE OBLIGATIONS 6 19
DEFERRED TAX LIABILITIES 8,608 9,211
OTHER LONG-TERM LIABILITIES 1,582 1,433
Total liabilities 69,850 72,875
COMMITMENTS AND CONTINGENT LIABILITIES      
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares 0 0
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,683,307 and 13,519,555 shares issued and outstanding, respectively 684 676
Additional paid-in capital 60,682 60,158
Retained earnings 107,769 108,101
Other cumulative comprehensive loss (10,087) (6,463)
Total Dynamic Materials Corporation’s stockholders’ equity 159,048 162,472
Non-controlling interest 109 84
Total stockholders’ equity 159,157 162,556
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 229,007 $ 235,431