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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 26, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash $ 399 $ 708
Accounts receivable, net 11,719 7,206
Inventories, net 17,804 10,004
Other current assets 777 663
Assets held for sale 0 74
Total current assets 30,699 18,655
OTHER ASSETS:    
Goodwill 2,556 0
Intangibles, Net 3,958 0
Other 1,895 1,375
Total other assets 8,409 1,375
PROPERTY AND EQUIPMENT    
Land and improvements 535 251
Buildings and improvements 6,175 3,080
Machinery and equipment 53,714 52,164
Property and equipment, gross 60,424 55,495
Less - Accumulated depreciation (50,008) (48,533)
Property and equipment, net 10,416 6,962
Total assets 49,524 26,992
CURRENT LIABILITIES:    
Accounts payable 9,507 5,983
Book overdraft 361 264
Accrued compensation 1,744 1,411
Accrued expenses 7,783 7,062
Payable to related party 3,525 2,750
Deferred revenue 186 186
Revolving credit agreement 22,043 7,706
Total current liabilities 45,149 25,362
DEFERRED REVENUE 170 316
OTHER LIABILITIES 3,702 3,794
Total liabilities 49,021 29,472
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY (DEFICIT)    
15% Convertible preferred stock, $100 par value; authorized 1,200,000 shares; issued and outstanding 1,131,551 shares; liquidation value $113,155 108,256 108,256
Common stock, $1 par value; authorized 35,000,000 shares; issued 9,822,304 shares 9,822 9,822
Additional paid-in capital 27,110 27,110
Accumulated other comprehensive loss (923) (848)
Accumulated deficit (122,325) (125,383)
Treasury stock, at cost, 1,871,128 shares (21,437) (21,437)
Total stockholders' equity (deficit) 503 (2,480)
Total liabilities and stockholders' equity $ 49,524 $ 26,992