$NAII
NATURAL ALTERNATIVES INTERNATIONAL INC

2018 Q1 Form 10-Q Financial Statement

#000143774918009776 Filed on May 14, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $31.82M $25.14M
YoY Change 26.58% -16.23%
Cost Of Revenue $25.11M $20.02M
YoY Change 25.42% -15.0%
Gross Profit $6.710M $5.118M
YoY Change 31.11% -20.74%
Gross Profit Margin 21.09% 20.36%
Selling, General & Admin $4.187M $4.125M
YoY Change 1.5% 23.06%
% of Gross Profit 62.4% 80.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $740.0K $650.0K
YoY Change 13.85% 54.76%
% of Gross Profit 11.03% 12.7%
Operating Expenses $4.187M $4.125M
YoY Change 1.5% 23.06%
Operating Profit $2.523M $993.0K
YoY Change 154.08% -68.02%
Interest Expense $80.00K $60.00K
YoY Change 33.33% -154.55%
% of Operating Profit 3.17% 6.04%
Other Income/Expense, Net $76.00K $57.00K
YoY Change 33.33% -96.21%
Pretax Income $2.599M $1.050M
YoY Change 147.52% -77.21%
Income Tax $548.0K $305.0K
% Of Pretax Income 21.09% 29.05%
Net Earnings $2.051M $745.0K
YoY Change 175.3% -75.36%
Net Earnings / Revenue 6.45% 2.96%
Basic Earnings Per Share $0.31 $0.11
Diluted Earnings Per Share $0.30 $0.11
COMMON SHARES
Basic Shares Outstanding 6.639M 6.582M
Diluted Shares Outstanding 6.909M 6.614M

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.60M $22.60M
YoY Change 22.12% 38.65%
Cash & Equivalents $27.62M $22.59M
Short-Term Investments
Other Short-Term Assets $1.800M $2.700M
YoY Change -33.33% 35.0%
Inventory $23.79M $15.97M
Prepaid Expenses
Receivables $11.33M $7.919M
Other Receivables $1.600M $0.00
Total Short-Term Assets $66.07M $49.19M
YoY Change 34.32% -2.96%
LONG-TERM ASSETS
Property, Plant & Equipment $18.83M $17.79M
YoY Change 5.87% 47.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $749.0K $781.0K
YoY Change -4.1% -14.74%
Total Long-Term Assets $22.02M $20.80M
YoY Change 5.9% 44.4%
TOTAL ASSETS
Total Short-Term Assets $66.07M $49.19M
Total Long-Term Assets $22.02M $20.80M
Total Assets $88.10M $69.99M
YoY Change 25.88% 7.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.80M $4.073M
YoY Change 238.79% -55.05%
Accrued Expenses $2.323M $2.367M
YoY Change -1.86% 22.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.81M $8.636M
YoY Change 140.98% -39.17%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.400M $908.0K
YoY Change 384.58% 90.36%
Total Long-Term Liabilities $4.400M $908.0K
YoY Change 384.58% 90.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.81M $8.636M
Total Long-Term Liabilities $4.400M $908.0K
Total Liabilities $25.26M $10.07M
YoY Change 150.73% -35.17%
SHAREHOLDERS EQUITY
Retained Earnings $47.96M $44.25M
YoY Change 8.36% 26.04%
Common Stock $85.00K $79.00K
YoY Change 7.59% 3.95%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.579M $6.074M
YoY Change 8.31% 13.28%
Treasury Stock Shares $1.088M $1.043M
Shareholders Equity $62.84M $59.91M
YoY Change
Total Liabilities & Shareholders Equity $88.10M $69.99M
YoY Change 25.88% 7.52%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $2.051M $745.0K
YoY Change 175.3% -75.36%
Depreciation, Depletion And Amortization $740.0K $650.0K
YoY Change 13.85% 54.76%
Cash From Operating Activities $30.00K $2.830M
YoY Change -98.94% -202.17%
INVESTING ACTIVITIES
Capital Expenditures -$840.0K -$970.0K
YoY Change -13.4% -82.52%
Acquisitions
YoY Change
Other Investing Activities $10.00K $0.00
YoY Change -100.0%
Cash From Investing Activities -$840.0K -$970.0K
YoY Change -13.4% -68.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -420.0K -630.0K
YoY Change -33.33% 43.18%
NET CHANGE
Cash From Operating Activities 30.00K 2.830M
Cash From Investing Activities -840.0K -970.0K
Cash From Financing Activities -420.0K -630.0K
Net Change In Cash -1.230M 1.230M
YoY Change -200.0% -119.43%
FREE CASH FLOW
Cash From Operating Activities $30.00K $2.830M
Capital Expenditures -$840.0K -$970.0K
Free Cash Flow $870.0K $3.800M
YoY Change -77.11% 36.69%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
naii Change In Unrealized Gain Loss On Derivatives
ChangeInUnrealizedGainLossOnDerivatives
-1550000
naii Change In Unrealized Gain Loss On Derivatives
ChangeInUnrealizedGainLossOnDerivatives
401000
naii Income Tax Expense Benefit Continuing Operations Adjustment Of Transition Tax Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfTransitionTaxLiability
1800000
CY2018Q1 naii Royalty And Licensing Revenue
RoyaltyAndLicensingRevenue
6200000
naii Royalty And Licensing Revenue
RoyaltyAndLicensingRevenue
16000000
CY2017Q1 naii Royalty And Licensing Revenue
RoyaltyAndLicensingRevenue
6600000
naii Royalty And Licensing Revenue
RoyaltyAndLicensingRevenue
20000000
naii Sales Discounts Noncash
SalesDiscountsNoncash
653000
naii Sales Discounts Noncash
SalesDiscountsNoncash
CY2018Q1 naii Shares Paid For Tax Withholding For Share Based Compensation Average Cost Per Share
SharesPaidForTaxWithholdingForShareBasedCompensationAverageCostPerShare
11.90
naii Shares Paid For Tax Withholding For Share Based Compensation Average Cost Per Share
SharesPaidForTaxWithholdingForShareBasedCompensationAverageCostPerShare
11.69
CY2017Q1 naii Shares Paid For Tax Withholding For Share Based Compensation Average Cost Per Share
SharesPaidForTaxWithholdingForShareBasedCompensationAverageCostPerShare
8.75
naii Shares Paid For Tax Withholding For Share Based Compensation Average Cost Per Share
SharesPaidForTaxWithholdingForShareBasedCompensationAverageCostPerShare
9.47
CY2018Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
13799000
CY2017Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
5116000
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
11325000
CY2017Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
8410000
CY2018Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1041000
CY2017Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1207000
CY2018Q1 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
2950000
CY2017Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
CY2018Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2323000
CY2017Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1931000
CY2018Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
33910000
CY2017Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
32165000
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2455000
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-905000
CY2018Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
23832000
CY2017Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
22260000
CY2018Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
322000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
925000
CY2017Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
223000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
729000
CY2018Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
43000
CY2017Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
18000
CY2018Q1 us-gaap Assets
Assets
88097000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.86
CY2017Q2 us-gaap Assets
Assets
72611000
CY2018Q1 us-gaap Assets Current
AssetsCurrent
66073000
CY2017Q2 us-gaap Assets Current
AssetsCurrent
51699000
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27618000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27843000
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19747000
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22593000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-225000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2846000
CY2018Q1 us-gaap Cash Flow Hedge Derivative Instrument Liabilities At Fair Value
CashFlowHedgeDerivativeInstrumentLiabilitiesAtFairValue
3100000
CY2018Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2018Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7568817
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6937018
CY2018Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7568817
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6937018
CY2018Q1 us-gaap Common Stock Value
CommonStockValue
85000
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
79000
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1832000
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
294000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
617000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6102000
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;">Concentrations of Credit Risk </div></div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;">Financial instruments that subject us to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. We place our cash and cash equivalents with highly rated financial institutions. Credit risk with respect to receivables is concentrated with our <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">three</div> largest customers, whose receivable balances collectively represented <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">65.4%</div> of gross accounts receivable at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">65.6%</div> at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June&nbsp;</div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div> Additionally, amounts due related to our beta-alanine raw material sales were <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26.1%</div> of gross accounts receivable at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2018, </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">21.3%</div> of gross accounts receivable at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> June 30, 2017. </div>Concentrations of credit risk related to the remaining accounts receivable balances are limited due to the number of customers comprising our remaining customer base.</div></div></div></div>
CY2018Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
25105000
CY2017Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
20017000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
73522000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
70479000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
306000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
CY2018Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
558000
CY2017Q2 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
537000
CY2018Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
2443000
CY2017Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
2002000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2222000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1711000
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.87
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.211
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.694
CY2017Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.29
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.299
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2806
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2806
CY2018Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1017000
CY2017Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1594000
CY2018Q1 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
3100000
CY2017Q2 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
521000
CY2018Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-182000
CY2017Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-45000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-413000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
158000
CY2018Q1 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
0
CY2017Q1 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
97000
us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
189000
us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
0
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
9000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
23000
CY2018Q1 us-gaap Gross Profit
GrossProfit
6710000
CY2017Q1 us-gaap Gross Profit
GrossProfit
5118000
us-gaap Gross Profit
GrossProfit
19702000
us-gaap Gross Profit
GrossProfit
19282000
CY2018Q1 us-gaap Hedging Liabilities Current
HedgingLiabilitiesCurrent
2631000
CY2017Q2 us-gaap Hedging Liabilities Current
HedgingLiabilitiesCurrent
422000
CY2018Q1 us-gaap Hedging Liabilities Noncurrent
HedgingLiabilitiesNoncurrent
480000
CY2017Q2 us-gaap Hedging Liabilities Noncurrent
HedgingLiabilitiesNoncurrent
99000
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2599000
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1050000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7073000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8136000
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
548000
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
305000
us-gaap Income Taxes Paid
IncomeTaxesPaid
1578000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4906000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2435000
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
664000
us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
775000
us-gaap Income Taxes Paid
IncomeTaxesPaid
2761000
CY2018Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
CY2017Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
261000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8674000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-8579000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2971000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5298000
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
715000
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-268000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-577000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1813000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
3045000
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
-291000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
10056000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-4802000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
308000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-450000
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
270000
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
32000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
241000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
79000
CY2018Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-6000
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-6000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1000
us-gaap Interest Paid Net
InterestPaidNet
6000
us-gaap Interest Paid Net
InterestPaidNet
CY2018Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
5119000
CY2017Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3562000
CY2018Q1 us-gaap Inventory Net
InventoryNet
23785000
CY2017Q2 us-gaap Inventory Net
InventoryNet
13729000
CY2018Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
14774000
CY2017Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
9469000
CY2018Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
256000
CY2017Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
614000
CY2018Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
4148000
CY2017Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
1312000
CY2018Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
269000
CY2017Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
109000
us-gaap Investment Income Interest
InvestmentIncomeInterest
823000
us-gaap Investment Income Interest
InvestmentIncomeInterest
358000
CY2018Q1 us-gaap Liabilities
Liabilities
25259000
CY2017Q2 us-gaap Liabilities
Liabilities
11463000
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
88097000
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
72611000
CY2018Q1 us-gaap Liabilities Current
LiabilitiesCurrent
20811000
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
10270000
CY2018Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
10000000
CY2018Q1 us-gaap Long Term Debt
LongTermDebt
0
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-505000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-712000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4409000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4308000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4689000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7866000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
2051000
us-gaap Operating Income Loss
OperatingIncomeLoss
6687000
us-gaap Operating Income Loss
OperatingIncomeLoss
7642000
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
749000
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
774000
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-219000
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-451000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1550000
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
745000
us-gaap Net Income Loss
NetIncomeLoss
2167000
us-gaap Net Income Loss
NetIncomeLoss
5701000
CY2018Q1 us-gaap Noncurrent Assets
NoncurrentAssets
18832000
CY2017Q2 us-gaap Noncurrent Assets
NoncurrentAssets
18136000
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
76000
CY2017Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
57000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
386000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
494000
CY2018Q1 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
1556000
CY2017Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2523000
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
993000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
401000
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5000
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-18000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-21000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
505000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
712000
CY2018Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
419000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
505000
CY2017Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
283000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
367000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
1500000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2937000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4332000
CY2018Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
460000
CY2017Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
557000
us-gaap Pension Expense
PensionExpense
-97000
us-gaap Pension Expense
PensionExpense
149000
CY2018Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000
CY2018Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q1 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1789000
CY2017Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1456000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
28000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
24000
CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
52742000
CY2017Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
50301000
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
18832000
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
18136000
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
47955000
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
45788000
CY2018Q1 us-gaap Revenues
Revenues
31815000
CY2017Q1 us-gaap Revenues
Revenues
25135000
us-gaap Revenues
Revenues
93224000
us-gaap Revenues
Revenues
89761000
CY2018Q1 us-gaap Royalty Expense
RoyaltyExpense
215000
us-gaap Royalty Expense
RoyaltyExpense
659000
CY2017Q1 us-gaap Royalty Expense
RoyaltyExpense
233000
us-gaap Royalty Expense
RoyaltyExpense
799000
CY2017Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
7000000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
62838000
CY2018Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2017Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2018Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4187000
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4125000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
13015000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
11640000
us-gaap Share Based Compensation
ShareBasedCompensation
925000
us-gaap Share Based Compensation
ShareBasedCompensation
729000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
5000
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2018Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
35203
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
43201
CY2017Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
32325
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
38729
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2011Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2000000
CY2015Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
3000000
CY2015Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
5000000
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
61148000
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
1087860
CY2017Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
1044659
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
6579000
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
6074000
CY2018Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
0
us-gaap Unrealized Loss On Foreign Currency Derivatives Before Tax
UnrealizedLossOnForeignCurrencyDerivativesBeforeTax
2900000
CY2018Q1 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
0
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
0
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6909475
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6613955
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6860870
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6648091
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6639098
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6581632
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6620324
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6569165

Files In Submission

Name View Source Status
0001437749-18-009776-index-headers.html Edgar Link pending
0001437749-18-009776-index.html Edgar Link pending
0001437749-18-009776.txt Edgar Link pending
0001437749-18-009776-xbrl.zip Edgar Link pending
ex_111244.htm Edgar Link pending
ex_111245.htm Edgar Link pending
ex_113034.htm Edgar Link pending
ex_113035.htm Edgar Link pending
ex_113036.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
naii-20180331.xml Edgar Link completed
naii-20180331.xsd Edgar Link pending
naii-20180331_cal.xml Edgar Link unprocessable
naii-20180331_def.xml Edgar Link unprocessable
naii-20180331_lab.xml Edgar Link unprocessable
naii-20180331_pre.xml Edgar Link unprocessable
naii20180331_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
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