| ASSETS |
| Cash and cash equivalents |
245K |
| Due from factor |
18.24M |
| Other |
524K |
| Inventories |
13.28M |
| Prepaid expenses |
2.14M |
| Assets held for sale |
0 |
| Deferred income taxes |
| Total current assets |
34.43M |
| Property, plant and equipment - at cost: |
| Vehicles |
192K |
| Leasehold improvements |
| Machinery and equipment |
2.49M |
| Furniture and fixtures |
747K |
| Property, plant and equipment - gross |
3.92M |
| Less accumulated depreciation |
3.12M |
| Property, plant and equipment - net |
797K |
| Finite-lived intangible assets - at cost: |
| Customer relationships |
5.41M |
| Other finite-lived intangible assets |
7.31M |
| Finite-lived intangible assets - gross |
12.72M |
| Less accumulated amortization |
6.87M |
| Finite-lived intangible assets - net |
5.85M |
| Goodwill |
1.13M |
| Deferred income taxes |
1.31M |
| Other |
77K |
| Total Assets |
43.58M |
| LIABILITIES AND SHAREHOLDERS' EQUITY |
| Accounts payable |
8.31M |
| Accrued wages and benefits |
778K |
| Accrued royalties |
1.87M |
| Income taxes currently payable |
796K |
| Other accrued liabilities |
105K |
| Current maturities of long-term debt |
| Total current liabilities |
11.96M |
| Non-current liabilities: |
| Long-term debt |
| Commitments and contingencies |
0 |
| Shareholders' equity: |
| Preferred stock - $0.01 par value per share; Authorized 1,000,000 shares; No shares issued at July 3, 2011 and April 3, 2011 |
| Common stock - $0.01 par value per share; Authorized 74,000,000 shares; Issued 11,024,272 shares at July 3, 2011 and 10,830,772 shares at April 3, 2011 |
117K |
| Additional paid-in capital |
46.1M |
| Treasury stock - at cost - 1,396,205 shares at July 3, 2011 and 1,248,162 shares at April 3, 2011 |
-7.69M |
| Accumulated deficit |
-6.9M |
| Total shareholders' equity |
31.62M |
| Total Liabilities and Shareholders' Equity |
43.58M |
