| Cash and cash equivalents |
2.67M |
| Investments in marketable securities |
| Accounts receivable (less allowance for doubtful accounts of $145,000) |
2.4M |
| Inventories |
11.19M |
| Costs and estimated earnings in excess of billings on uncompleted contracts |
| Deferred tax asset |
| Other current assets |
218K |
| Total current assets |
16.73M |
| Property and equipment, net |
724K |
| Goodwill |
868K |
| Deferred tax asset |
| Other assets |
40K |
| TOTAL ASSETS |
18.36M |
| Note payable - bank |
| Accounts payable |
523K |
| Current portion of long-term debt |
| Liability associated with former chief executive officer |
| Income taxes payable |
13K |
| Accrued expenses |
1.08M |
| Customer advances |
177K |
| Deferred income |
| Total current liabilities |
1.81M |
| Deferred income |
| Liability associated with former chief executive officer, net of current portion |
0 |
| Long-term debt, net of current portion |
| Total liabilities |
3.74M |
| Common stock - $.10 par value, 10,000,000 shares authorized, 5,102,000 and 5,101,000 shares issued at 2011 and 2010, respectively, and 4,733,000 and 4,732,000 shares outstanding at 2011 and 2010, respectively |
522K |
| Additional paid-in capital |
22.88M |
| Treasury stock, at cost, 369,000 shares at 2011 and 2010 |
-2.23M |
| Accumulated other comprehensive (loss) income, net of tax |
1K |
| Accumulated deficit |
-6.55M |
| Total stockholders' equity |
14.62M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
18.36M |
