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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 1,747 $ 2,267
Income tax receivable 2,446 3,967
Accounts receivable – trade (after allowance for doubtful accounts of $100.0 thousand in 2012 and 2011) 17,493 17,191
Net investment in sales-type leases 31 40
Inventories 24,376 18,544
Deferred income taxes 324 411
Prepaid expenses 387 328
Employee loans 5 6
Total current assets 46,809 42,754
Net property and equipment 25,430 26,199
Other assets    
Notes receivable – related party 34 45
Goodwill 6,840 6,840
Intangible assets, net 4,838 5,025
Deposits 274 107
Total other assets 11,986 12,017
Total assets 84,225 80,970
Current liabilities    
Current maturities of long-term debt 1,769 1,821
Accounts payable 15,441 10,681
Interest rate swap agreement liability 434 484
Other current liabilities 349 331
Total current liabilities 17,993 13,317
Long-term liabilities    
Long-term debt 25,811 26,688
Deferred income taxes 2,810 3,406
Total long-term liabilities 28,621 30,094
Shareholders’ equity    
Common stock, $0.0033 par value: 10,000,000 shares authorized, 7,192,479 shares issued in 2012 and 2011, 6,940,517 shares outstanding in 2012 and 2011 24 24
Additional paid-in capital 18,131 18,131
Retained earnings 20,066 20,057
Accumulated other comprehensive loss (247) (290)
Treasury stock at cost, 251,962 shares in 2012 and 2011 (363) (363)
Total shareholders’ equity 37,611 37,559
Total liabilities and shareholders’ equity $ 84,225 $ 80,970