$NAII
NATURAL ALTERNATIVES INTERNATIONAL INC

2015 Q2 Form 10-Q Financial Statement

#000143774915009817 Filed on May 12, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 Q1 2014 Q1
Revenue $22.58M $12.68M $12.07M
YoY Change 6.56% 5.08% -23.81%
Cost Of Revenue $18.69M $15.94M $15.69M
YoY Change 8.98% 1.63% 20.13%
Gross Profit $3.890M $3.672M $3.442M
YoY Change -3.71% 6.68% 23.9%
Gross Profit Margin 17.23% 28.96% 28.53%
Selling, General & Admin $2.720M $2.633M $2.274M
YoY Change -2.16% 15.79% 2.94%
% of Gross Profit 69.92% 71.7% 66.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $590.0K $620.0K $790.0K
YoY Change 1.72% -21.52% 2.6%
% of Gross Profit 15.17% 16.88% 22.95%
Operating Expenses $2.720M $2.633M $2.274M
YoY Change -2.16% 15.79% 2.94%
Operating Profit $1.170M $1.039M $1.168M
YoY Change -7.14% -11.04% 105.27%
Interest Expense -$10.00K $3.000K $3.000K
YoY Change 0.0% 0.0% -40.0%
% of Operating Profit -0.85% 0.29% 0.26%
Other Income/Expense, Net $20.00K $35.00K -$115.0K
YoY Change -200.0% -130.43% 139.58%
Pretax Income $1.180M $1.074M $1.053M
YoY Change -4.07% 1.99% 102.11%
Income Tax $190.0K $286.0K $431.0K
% Of Pretax Income 16.1% 26.63% 40.93%
Net Earnings $990.0K $788.0K $622.0K
YoY Change -9.17% 26.69% 249.44%
Net Earnings / Revenue 4.38% 6.22% 5.16%
Basic Earnings Per Share $0.12 $0.09
Diluted Earnings Per Share $147.1K $0.12 $0.09
COMMON SHARES
Basic Shares Outstanding 6.840M 6.748M 6.819M
Diluted Shares Outstanding 6.760M 6.843M

Balance Sheet

Concept 2015 Q2 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.60M $19.40M $15.20M
YoY Change -4.62% 27.63% 4.11%
Cash & Equivalents $18.55M $19.42M $15.22M
Short-Term Investments
Other Short-Term Assets $2.300M $3.800M $1.900M
YoY Change 64.29% 100.0% 5.56%
Inventory $12.56M $11.70M $14.40M
Prepaid Expenses
Receivables $9.895M $7.947M $6.800M
Other Receivables $300.0K $400.0K $400.0K
Total Short-Term Assets $43.60M $43.31M $38.60M
YoY Change 6.59% 12.2% 15.49%
LONG-TERM ASSETS
Property, Plant & Equipment $7.633M $8.287M $8.900M
YoY Change -13.37% -6.89% -8.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $920.0K $911.0K $2.000M
YoY Change -3.26% -54.45% 386.62%
Total Long-Term Assets $10.22M $10.79M $10.90M
YoY Change -10.03% -1.0% -6.69%
TOTAL ASSETS
Total Short-Term Assets $43.60M $43.31M $38.60M
Total Long-Term Assets $10.22M $10.79M $10.90M
Total Assets $53.82M $54.10M $49.50M
YoY Change 2.98% 9.29% 9.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.647M $3.842M $4.700M
YoY Change -27.59% -18.26% 101.89%
Accrued Expenses $2.495M $2.291M $3.100M
YoY Change 59.42% -26.1% 186.24%
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 $9.093M $8.642M $8.200M
YoY Change -5.28% 5.39% 71.05%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $21.00K $220.0K $200.0K
YoY Change 10.0% -33.33%
Total Long-Term Liabilities $21.00K $220.0K $200.0K
YoY Change 10.0% -33.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.093M $8.642M $8.200M
Total Long-Term Liabilities $21.00K $220.0K $200.0K
Total Liabilities $9.956M $9.242M $8.400M
YoY Change 1.38% 10.02% 64.9%
SHAREHOLDERS EQUITY
Retained Earnings $29.01M $28.02M
YoY Change 13.04%
Common Stock $75.00K $75.00K
YoY Change -99.62%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.714M $3.668M
YoY Change 75.05%
Treasury Stock Shares $875.6K $691.0K
Shareholders Equity $43.86M $44.86M $41.20M
YoY Change
Total Liabilities & Shareholders Equity $53.82M $54.10M $49.50M
YoY Change 2.98% 9.29% 9.75%

Cashflow Statement

Concept 2015 Q2 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income $990.0K $788.0K $622.0K
YoY Change -9.17% 26.69% 249.44%
Depreciation, Depletion And Amortization $590.0K $620.0K $790.0K
YoY Change 1.72% -21.52% 2.6%
Cash From Operating Activities $450.0K $260.0K -$760.0K
YoY Change -90.59% -134.21% -64.15%
INVESTING ACTIVITIES
Capital Expenditures -$350.0K -$430.0K -$530.0K
YoY Change -27.08% -18.87% 112.0%
Acquisitions
YoY Change
Other Investing Activities $80.00K $10.00K $130.0K
YoY Change -92.31% 550.0%
Cash From Investing Activities -$270.0K -$430.0K -$400.0K
YoY Change -43.75% 7.5% 73.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.040M -540.0K -40.00K
YoY Change 1250.0%
NET CHANGE
Cash From Operating Activities 450.0K 260.0K -760.0K
Cash From Investing Activities -270.0K -430.0K -400.0K
Cash From Financing Activities -1.040M -540.0K -40.00K
Net Change In Cash -860.0K -710.0K -1.200M
YoY Change -120.0% -40.83% -48.94%
FREE CASH FLOW
Cash From Operating Activities $450.0K $260.0K -$760.0K
Capital Expenditures -$350.0K -$430.0K -$530.0K
Free Cash Flow $800.0K $690.0K -$230.0K
YoY Change -84.79% -400.0% -87.7%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6839974
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Central Index Key
EntityCentralIndexKey
0000787253
dei Entity Registrant Name
EntityRegistrantName
NATURAL ALTERNATIVES INTERNATIONAL INC
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Type
DocumentType
10-Q
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2014Q1 naii Raw Material Purchases By Supplier
RawMaterialPurchasesBySupplier
naii Raw Material Purchases By Supplier
RawMaterialPurchasesBySupplier
naii Raw Material Purchases By Supplier
RawMaterialPurchasesBySupplier
CY2015Q1 naii Royalty And Licensing Revenue
RoyaltyAndLicensingRevenue
2300000
naii Royalty And Licensing Revenue
RoyaltyAndLicensingRevenue
4700000
CY2014Q1 naii Royalty And Licensing Revenue
RoyaltyAndLicensingRevenue
1100000
naii Royalty And Licensing Revenue
RoyaltyAndLicensingRevenue
3800000
CY2015Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
3842000
CY2014Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
6418000
CY2015Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7947000
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
naii Change In Unrealized Gain Loss On Derivatives
ChangeInUnrealizedGainLossOnDerivatives
779000
naii Change In Unrealized Gain Loss On Derivatives
ChangeInUnrealizedGainLossOnDerivatives
120000
CY2007Q1 naii Line Of Credit Facility Maximum Amount Outstanding After Reduction
LineOfCreditFacilityMaximumAmountOutstandingAfterReduction
518000
naii Line Of Credit Facility Outstanding Daily Balance During Period
LineOfCreditFacilityOutstandingDailyBalanceDuringPeriod
0
naii Minimum Prepayment Amount Under Line Of Credit
MinimumPrepaymentAmountUnderLineOfCredit
100000
naii Net Income Required In Future For Income Covenant
NetIncomeRequiredInFutureForIncomeCovenant
750000
naii Number Of Years Compensation Used For Benefit Obligation Assumptions
NumberOfYearsCompensationUsedForBenefitObligationAssumptions
P5Y
CY2015Q1 naii Percentage Of Raw Materials Purchased From Supplier
PercentageOfRawMaterialsPurchasedFromSupplier
0.12
CY2014Q1 naii Percentage Of Raw Materials Purchased From Supplier
PercentageOfRawMaterialsPurchasedFromSupplier
naii Percentage Of Raw Materials Purchased From Supplier
PercentageOfRawMaterialsPurchasedFromSupplier
naii Percentage Of Raw Materials Purchased From Supplier
PercentageOfRawMaterialsPurchasedFromSupplier
CY2015Q1 naii Raw Material Purchases By Supplier
RawMaterialPurchasesBySupplier
810000
CY2014Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6835000
CY2015Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1016000
CY2014Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
379000
CY2015Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2291000
CY2014Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1565000
CY2015Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
-36730000
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
75000
CY2014Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
-35494000
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
310000
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-469000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
271000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-633000
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-586000
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-430000
CY2015Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
20123000
CY2014Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
19865000
CY2015Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
92000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
259000
CY2014Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
46000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
148000
CY2015Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
16000
CY2014Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
94000
CY2015Q1 us-gaap Assets
Assets
54099000
CY2014Q2 us-gaap Assets
Assets
52258000
CY2015Q1 us-gaap Assets Current
AssetsCurrent
43308000
CY2014Q2 us-gaap Assets Current
AssetsCurrent
40903000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5000
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19512000
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16697000
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19418000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15217000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-94000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1480000
CY2015Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6927675
CY2014Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6997754
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6927675
CY2014Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6997754
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
74000
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
827000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
669000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3135000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
748000
CY2015Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.74
CY2014Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.69
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.61
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.7
CY2015Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
15941000
CY2014Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
15685000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
46480000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
44056000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
453000
CY2015Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
380000
CY2014Q2 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
37000
CY2015Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
344000
CY2014Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
344000
CY2015Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1593000
CY2014Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1593000
CY2015Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
8000
CY2014Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
9000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
25000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
28000
CY2015Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
21000
CY2014Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
22000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
63000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
66000
CY2015Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
13000
CY2014Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
13000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
38000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
38000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1838000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2325000
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2015Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.267
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.247
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2015Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1493000
CY2014Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1238000
CY2015Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
30000
CY2014Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-25000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
152000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-15000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
6000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
27000
CY2015Q1 us-gaap Gross Profit
GrossProfit
3672000
CY2014Q1 us-gaap Gross Profit
GrossProfit
3442000
us-gaap Gross Profit
GrossProfit
10446000
us-gaap Gross Profit
GrossProfit
8701000
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1074000
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1053000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3131000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1440000
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
286000
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
431000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
775000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
536000
us-gaap Income Taxes Paid
IncomeTaxesPaid
744000
us-gaap Income Taxes Paid
IncomeTaxesPaid
305000
CY2015Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
387000
CY2014Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
228000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1392000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1748000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1119000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
223000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
255000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
154000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
58000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-200000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1138000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4332000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1201000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
401000
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
12000
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
24000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
35000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
28000
CY2015Q1 us-gaap Interest Expense
InterestExpense
3000
CY2014Q1 us-gaap Interest Expense
InterestExpense
3000
us-gaap Interest Expense
InterestExpense
9000
us-gaap Interest Expense
InterestExpense
8000
us-gaap Interest Paid
InterestPaid
10000
us-gaap Interest Paid
InterestPaid
13000
CY2015Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1194000
CY2014Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1621000
CY2015Q1 us-gaap Inventory Net
InventoryNet
11702000
CY2014Q2 us-gaap Inventory Net
InventoryNet
12840000
CY2015Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
8798000
CY2014Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
9764000
CY2015Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
503000
CY2014Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
721000
CY2015Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
2213000
CY2014Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
2176000
CY2015Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
7000
CY2014Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
7000
us-gaap Investment Income Interest
InvestmentIncomeInterest
22000
us-gaap Investment Income Interest
InvestmentIncomeInterest
28000
CY2015Q1 us-gaap Liabilities
Liabilities
9242000
CY2015Q1 us-gaap Line Of Credit
LineOfCredit
0
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
10000
CY2015Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
5500000
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
9600000
CY2014Q2 us-gaap Liabilities
Liabilities
9820000
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
54099000
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
52258000
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
8642000
CY2015Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
5000000
CY2015Q1 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
100000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-975000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-60000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1349000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1991000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2230000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
571000
us-gaap Net Income Loss
NetIncomeLoss
2356000
us-gaap Net Income Loss
NetIncomeLoss
904000
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
788000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
622000
CY2015Q1 us-gaap Noncurrent Assets
NoncurrentAssets
8287000
CY2014Q2 us-gaap Noncurrent Assets
NoncurrentAssets
8811000
CY2015Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
35000
CY2014Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-115000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
142000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-82000
CY2015Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1039000
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1168000
us-gaap Operating Income Loss
OperatingIncomeLoss
2989000
us-gaap Operating Income Loss
OperatingIncomeLoss
1522000
CY2015Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
911000
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
951000
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
939000
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
2662000
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
35000
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-533000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1200000
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
39000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
779000
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
47000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-156000
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
36000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
36000
CY2015Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
21000
CY2015Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2633000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-15000
CY2015Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
879000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
419000
CY2014Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
100000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-34000
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
39000
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
83000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
779000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-120000
CY2015Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
220000
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
183000
CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-94000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-23000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-87000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
975000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
60000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1362000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2198000
us-gaap Pension Expense
PensionExpense
37000
us-gaap Pension Expense
PensionExpense
37000
CY2015Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000
CY2014Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000
CY2015Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2015Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2014Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2015Q1 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2015Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3510000
CY2014Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1144000
CY2011Q2 us-gaap Proceeds From License Fees Received
ProceedsFromLicenseFeesReceived
300000
CY2012Q1 us-gaap Proceeds From License Fees Received
ProceedsFromLicenseFeesReceived
300000
CY2012Q4 us-gaap Proceeds From License Fees Received
ProceedsFromLicenseFeesReceived
150000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
13000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
207000
CY2015Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
45017000
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
44305000
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8287000
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8811000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
1464000
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-112000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-343000
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
28017000
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
25661000
CY2015Q1 us-gaap Revenues
Revenues
12678000
CY2014Q1 us-gaap Revenues
Revenues
12065000
us-gaap Revenues
Revenues
31354000
us-gaap Revenues
Revenues
33293000
CY2015Q1 us-gaap Royalty Expense
RoyaltyExpense
270000
us-gaap Royalty Expense
RoyaltyExpense
650000
CY2014Q1 us-gaap Royalty Expense
RoyaltyExpense
143000
us-gaap Royalty Expense
RoyaltyExpense
523000
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
19613000
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
19127000
us-gaap Sales Revenue Net
SalesRevenueNet
56926000
us-gaap Sales Revenue Net
SalesRevenueNet
52757000
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
0
CY2015Q1 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
0
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
5.57
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2274000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7457000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7179000
us-gaap Share Based Compensation
ShareBasedCompensation
259000
us-gaap Share Based Compensation
ShareBasedCompensation
148000
CY2011Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2000000
CY2015Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
3000000
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
44857000
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
42438000
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
4.55
CY2015Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
691002
CY2014Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
515923
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
157539
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
5100
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
3668000
CY2014Q2 us-gaap Treasury Stock Value
TreasuryStockValue
2693000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
878000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
23000
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
0
CY2015Q1 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
0
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6760483
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6842951
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6832268
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6845765
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6747848
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6819071
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6797256
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6817643

Files In Submission

Name View Source Status
0001437749-15-009817-index-headers.html Edgar Link pending
0001437749-15-009817-index.html Edgar Link pending
0001437749-15-009817.txt Edgar Link pending
0001437749-15-009817-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
naii-20150331.xml Edgar Link completed
naii-20150331.xsd Edgar Link pending
naii-20150331_cal.xml Edgar Link unprocessable
naii-20150331_def.xml Edgar Link unprocessable
naii-20150331_lab.xml Edgar Link unprocessable
naii-20150331_pre.xml Edgar Link unprocessable
naii20150331_10q.htm 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
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.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