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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 04, 2015
Sep. 30, 2014
Current assets:    
Cash and cash equivalents $ 8,548 $ 11,238
Trade receivables, net of allowances for doubtful accounts of $4 at July 4, 2015 and $40 at September 30, 2014 7,764 6,694
Other receivables 564 183
Inventories 6,596 6,258
Prepaid expenses and other current assets 2,573 1,747
Total current assets 26,045 26,120
Property, plant and equipment, at cost:    
Land and improvements 22 23
Buildings and improvements 713 741
Equipment 11,621 10,918
Property, plant and equipment, at cost 12,356 11,682
Less: accumulated depreciation (9,702) (9,577)
Net property, plant and equipment 2,654 2,105
Long-term deferred tax assets 3,315 3,910
Goodwill 1,435 1,435
Other long-term assets 417 397
Total assets 33,866 33,967
Current liabilities:    
Current portion of long term debt 0 28
Accounts payable 5,144 4,405
Accrued expenses and other current liabilities 1,968 1,836
Accrued and deferred taxes on income 0 7
Total current liabilities 7,112 6,276
Liability for pension benefits 8,674 9,529
Long term debt 500 1,700
Total liabilities $ 16,286 $ 17,505
Commitments and contingencies (Note 16)    
Stockholders' equity:    
Preferred stock, par value $.10 per share - authorized - 1,000,000 shares; Outstanding, 452,374 shares at July 4, 2015 and 460,769 shares at September 30, 2014 $ 45 $ 46
Common stock, par value $.10 per share - authorized 20,000,000 shares at July 4, 2015 and 8,000,000 at September 30, 2014; outstanding, 3,694,122 shares at July 4, 2015 and 3,588,958 at September 30, 2014 369 359
Premium paid in on common stock 6,507 6,040
Premium paid in on preferred stock 9,063 9,231
Retained earnings 10,448 9,495
Accumulated other comprehensive loss (8,940) (8,829)
Total Sevcon, Inc. and subsidiaries stockholders' equity 17,492 16,342
Noncontrolling interests 88 120
Total stockholders' equity 17,580 16,462
Total liabilities and stockholders' equity $ 33,866 $ 33,967