$CVR
CHICAGO RIVET & MACHINE CO

2022 Q3 Form 10-Q Financial Statement

#000119312522213576 Filed on August 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $8.568M $9.023M $9.198M
YoY Change 0.14% 7.88% -1.15%
Cost Of Revenue $7.448M $7.577M $7.341M
YoY Change 5.35% 13.3% 0.98%
Gross Profit $1.120M $1.446M $1.856M
YoY Change -24.64% -13.76% -8.76%
Gross Profit Margin 13.07% 16.03% 20.18%
Selling, General & Admin $1.250M $1.264M $1.296M
YoY Change -3.07% -1.62% -4.88%
% of Gross Profit 111.65% 87.39% 69.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $319.3K $320.4K $320.4K
YoY Change -3.39% -2.99% -2.95%
% of Gross Profit 28.51% 22.15% 17.26%
Operating Expenses -$3.488M $1.264M $1.296M
YoY Change -370.38% -1.62% -4.88%
Operating Profit $4.608M $182.5K $560.6K
YoY Change 2251.22% -53.49% -16.61%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $13.14K $12.45K $9.760K
YoY Change 12.62% -12.2% -45.44%
Pretax Income $4.621M $194.9K $570.3K
YoY Change 2125.3% -52.05% -17.36%
Income Tax $1.042M $41.00K $123.0K
% Of Pretax Income 22.55% 21.04% 21.57%
Net Earnings $3.579M $153.9K $447.3K
YoY Change 1972.89% -51.83% -17.18%
Net Earnings / Revenue 41.77% 1.71% 4.86%
Basic Earnings Per Share
Diluted Earnings Per Share $3.705M $159.3K $463.0K
COMMON SHARES
Basic Shares Outstanding 966.1K shares 966.1K shares 966.1K shares
Diluted Shares Outstanding 966.1K shares 966.1K shares 966.1K shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.070M $3.604M $4.056M
YoY Change 43.68% -42.16% -33.13%
Cash & Equivalents $5.329M $862.7K $1.315M
Short-Term Investments $2.741M $2.741M $2.741M
Other Short-Term Assets $422.0K $424.8K $384.2K
YoY Change -11.64% 4.86% -0.16%
Inventory $9.921M $9.615M $9.613M
Prepaid Expenses
Receivables $6.578M $6.842M $6.638M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $24.99M $20.49M $20.69M
YoY Change 25.5% 4.51% 5.4%
LONG-TERM ASSETS
Property, Plant & Equipment $11.91M $12.04M $12.27M
YoY Change -6.37% -6.04% -5.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $11.91M $12.04M $12.27M
YoY Change -6.37% -6.04% -5.01%
TOTAL ASSETS
Total Short-Term Assets $24.99M $20.49M $20.69M
Total Long-Term Assets $11.91M $12.04M $12.27M
Total Assets $36.90M $32.53M $32.97M
YoY Change 13.08% 0.34% 1.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $897.4K $1.076M $1.447M
YoY Change -23.72% 3.17% 27.44%
Accrued Expenses $411.5K $298.8K $979.7K
YoY Change -66.52% -75.49% -2.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.487M $2.505M $2.860M
YoY Change 33.38% 6.98% 12.61%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $3.487M $2.505M $2.860M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $4.387M $3.385M $3.762M
YoY Change 24.23% 3.18% 6.88%
SHAREHOLDERS EQUITY
Retained Earnings $34.85M $31.48M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.922M $3.922M
YoY Change
Treasury Stock Shares
Shareholders Equity $32.51M $29.15M $29.20M
YoY Change
Total Liabilities & Shareholders Equity $36.90M $32.53M $32.97M
YoY Change 13.08% 0.34% 1.27%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $3.579M $153.9K $447.3K
YoY Change 1972.89% -51.83% -17.18%
Depreciation, Depletion And Amortization $319.3K $320.4K $320.4K
YoY Change -3.39% -2.99% -2.95%
Cash From Operating Activities $124.7K -$149.0K -$388.4K
YoY Change -174.73% -124.6% -57.13%
INVESTING ACTIVITIES
Capital Expenditures -$484.4K -$91.11K -$120.6K
YoY Change 99.81% -60.17% 3.55%
Acquisitions
YoY Change
Other Investing Activities $5.038M $0.00 $0.00
YoY Change -781.58% -100.0% -100.0%
Cash From Investing Activities $4.554M -$91.11K -$120.6K
YoY Change -563.92% -111.87% -107.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -212.6K -212.6K -212.6K
YoY Change 0.0% 0.0% 0.0%
NET CHANGE
Cash From Operating Activities 124.7K -149.0K -388.4K
Cash From Investing Activities 4.554M -91.11K -120.6K
Cash From Financing Activities -212.6K -212.6K -212.6K
Net Change In Cash 4.466M -452.7K -721.5K
YoY Change -428.14% -139.01% -242.02%
FREE CASH FLOW
Cash From Operating Activities $124.7K -$149.0K -$388.4K
Capital Expenditures -$484.4K -$91.11K -$120.6K
Free Cash Flow $609.0K -$57.92K -$267.8K
YoY Change 706.05% -106.94% -66.08%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Security12b Title
Security12bTitle
Common Stock, par value $1.00 per share
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Entity File Number
EntityFileNumber
000-01227
dei Trading Symbol
TradingSymbol
CVR
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.44
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
IL
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
36-0904920
dei Entity Address Address Line1
EntityAddressAddressLine1
901 Frontenac Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Naperville
dei Entity Address State Or Province
EntityAddressStateOrProvince
IL
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
60563
dei City Area Code
CityAreaCode
630
dei Local Phone Number
LocalPhoneNumber
357-8500
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
966132 shares
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
862732 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2036954 usd
CY2022Q2 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
2741000 usd
CY2021Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
2741000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
162000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
170000 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6842227 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5647984 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
9615373 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
8519780 usd
CY2022Q2 us-gaap Prepaid Taxes
PrepaidTaxes
0 usd
CY2021Q4 us-gaap Prepaid Taxes
PrepaidTaxes
440 usd
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
424821 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
346236 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
20486153 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
19292394 usd
CY2022Q2 us-gaap Land And Land Improvements
LandAndLandImprovements
1778819 usd
CY2021Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
1778819 usd
CY2022Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
8490340 usd
CY2021Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
8456983 usd
CY2022Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
36857460 usd
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
36679114 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
47126619 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
46914916 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
35081900 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
34441052 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12044719 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12473864 usd
CY2022Q2 us-gaap Customer Advances And Deposits Current
CustomerAdvancesAndDepositsCurrent
226711 usd
CY2021Q4 us-gaap Customer Advances And Deposits Current
CustomerAdvancesAndDepositsCurrent
302424 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1870809 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
880084 usd
CY2022Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
159423 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 usd
CY2022Q2 us-gaap Assets
Assets
32530872 usd
CY2021Q4 us-gaap Assets
Assets
31766258 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2505304 usd
CY2021Q2 us-gaap Revenues
Revenues
8364390 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1075545 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
692635 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
744805 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
509332 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
298820 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
366418 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
926084 usd
CY2022Q2 us-gaap Liabilities
Liabilities
3385388 usd
CY2021Q4 us-gaap Liabilities
Liabilities
2796893 usd
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1.00
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4000000 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1138096 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1138096 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
966132 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
966132 shares
CY2022Q2 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
1138096 usd
CY2021Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
1138096 usd
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
447134 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
447134 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
31482352 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
31306233 usd
CY2022Q2 us-gaap Treasury Stock Value
TreasuryStockValue
3922098 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3922098 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
29145484 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
28969365 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
32530872 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
31766258 usd
CY2022Q2 us-gaap Revenues
Revenues
9023398 usd
us-gaap Revenues
Revenues
18221094 usd
us-gaap Revenues
Revenues
17669339 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
966132 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
966132 shares
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
7577021 usd
CY2021Q2 us-gaap Cost Of Revenue
CostOfRevenue
6687313 usd
us-gaap Cost Of Revenue
CostOfRevenue
14918495 usd
us-gaap Cost Of Revenue
CostOfRevenue
13957825 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
1446377 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
1677077 usd
us-gaap Gross Profit
GrossProfit
3302599 usd
us-gaap Gross Profit
GrossProfit
3711514 usd
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1263921 usd
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1284748 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2559585 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2646949 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
182456 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
392329 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
743014 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1064565 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
12448 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
14178 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
22203 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32070 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
194904 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
406507 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
765217 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1096635 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
87000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
237000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
153904 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
319507 usd
us-gaap Net Income Loss
NetIncomeLoss
601217 usd
us-gaap Net Income Loss
NetIncomeLoss
859635 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.16
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.33
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.62
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.89
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.16
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.33
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.62
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.89
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
966132 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
966132 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
966132 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
966132 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
966132 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
966132 shares
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.44
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
598000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
28969365 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
447313 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2022Q1 us-gaap Dividends
Dividends
212549 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
29204129 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
153904 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2022Q2 us-gaap Dividends
Dividends
212549 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
29145484 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
28706089 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
540128 usd
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2021Q1 us-gaap Dividends
Dividends
212549 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
29033668 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
319507 usd
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.22
CY2021Q2 us-gaap Dividends
Dividends
212549 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
29140626 usd
us-gaap Net Income Loss
NetIncomeLoss
601217 usd
us-gaap Net Income Loss
NetIncomeLoss
859635 usd
us-gaap Depreciation
Depreciation
640848 usd
us-gaap Depreciation
Depreciation
660489 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
16081 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-46000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-72000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1194243 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-746528 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1095593 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1903375 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-78145 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
64595 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
382910 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
576083 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
235473 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
394494 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
91825 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
19635 usd
us-gaap Increase Decrease In Customer Advances And Deposits
IncreaseDecreaseInCustomerAdvancesAndDeposits
-75713 usd
us-gaap Increase Decrease In Customer Advances And Deposits
IncreaseDecreaseInCustomerAdvancesAndDeposits
-169245 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-537421 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-300136 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
211703 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
345213 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
0 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
3337000 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
642000 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2181457 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2283485 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-211703 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2393787 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
425098 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
425098 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-425098 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-425098 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1174222 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1668553 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2036954 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2567731 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
862732 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4236284 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font:10pt Arial;margin:0">2.  The Company extends credit on the basis of terms that are customary within our markets to various companies doing business primarily in the automotive industry.  The Company has a concentration of credit risk primarily within the automotive industry and in the Midwestern United States. </p>
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
5118851 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
4645923 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
2855037 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2304400 usd
CY2022Q2 us-gaap Inventory Gross
InventoryGross
10257373 usd
CY2021Q4 us-gaap Inventory Gross
InventoryGross
9131780 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9023398 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8364390 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18221094 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17669339 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9023398 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8364390 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18221094 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17669339 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
612000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
9615373 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
8519780 usd

Files In Submission

Name View Source Status
0001193125-22-213576-index-headers.html Edgar Link pending
0001193125-22-213576-index.html Edgar Link pending
0001193125-22-213576.txt Edgar Link pending
0001193125-22-213576-xbrl.zip Edgar Link pending
cvr-20220630.xsd Edgar Link pending
cvr-20220630_cal.xml Edgar Link unprocessable
cvr-20220630_def.xml Edgar Link unprocessable
cvr-20220630_lab.xml Edgar Link unprocessable
cvr-20220630_pre.xml Edgar Link unprocessable
d361540d10q.htm Edgar Link pending
d361540d10q_htm.xml Edgar Link completed
d361540dex311.htm Edgar Link pending
d361540dex312.htm Edgar Link pending
d361540dex321.htm Edgar Link pending
d361540dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending