$PKE
PARK AEROSPACE CORP

2014 Q4 Form 10-Q Financial Statement

#000143774915000494 Filed on January 09, 2015

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q1 2013 Q4
Revenue $34.68M $38.20M $39.68M
YoY Change -12.6% -10.54% -3.93%
Cost Of Revenue $26.08M $27.70M $28.64M
YoY Change -8.94% -10.06% -0.21%
Gross Profit $8.598M $10.50M $11.04M
YoY Change -22.11% -11.02% -11.7%
Gross Profit Margin 24.79% 27.49% 27.82%
Selling, General & Admin $5.754M $6.500M $6.106M
YoY Change -5.76% -1.52% -4.59%
% of Gross Profit 66.92% 61.9% 55.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $890.0K $780.0K $1.020M
YoY Change -12.75% -27.1% -0.97%
% of Gross Profit 10.35% 7.43% 9.24%
Operating Expenses $5.754M $6.500M $6.106M
YoY Change -5.76% -1.52% -3.08%
Operating Profit $2.208M $4.000M $4.932M
YoY Change -55.23% -23.08% -20.45%
Interest Expense $361.0K $0.00 $187.0K
YoY Change 93.05% -100.0% 87.0%
% of Operating Profit 16.35% 0.0% 3.79%
Other Income/Expense, Net
YoY Change
Pretax Income $2.069M $3.700M $4.884M
YoY Change -57.64% -22.92% -15.79%
Income Tax $38.00K $63.70M $163.0K
% Of Pretax Income 1.84% 1721.62% 3.34%
Net Earnings $2.031M -$60.00M $4.721M
YoY Change -56.98% -1563.41% 0.45%
Net Earnings / Revenue 5.86% -157.07% 11.9%
Basic Earnings Per Share $0.10 $0.23
Diluted Earnings Per Share $0.10 -$2.871M $0.23
COMMON SHARES
Basic Shares Outstanding 20.95M 20.86M
Diluted Shares Outstanding 20.99M 20.92M

Balance Sheet

Concept 2014 Q4 2014 Q1 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $285.3M $270.4M $291.3M
YoY Change -2.06% -1.74% 6.51%
Cash & Equivalents $150.3M $133.2M $128.7M
Short-Term Investments $135.1M $137.2M $162.6M
Other Short-Term Assets $3.100M $4.100M $6.400M
YoY Change -51.56% -38.81% 72.97%
Inventory $14.20M $13.87M $14.60M
Prepaid Expenses
Receivables $20.98M $22.88M $22.90M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $323.6M $311.2M $335.2M
YoY Change -3.47% -2.94% 5.34%
LONG-TERM ASSETS
Property, Plant & Equipment $27.36M $29.67M $30.20M
YoY Change -9.4% -7.81% -8.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.019M $1.332M $7.000M
YoY Change -56.87% -80.82% -17.65%
Total Long-Term Assets $65.23M $65.85M $46.90M
YoY Change 39.08% 34.44% -8.4%
TOTAL ASSETS
Total Short-Term Assets $323.6M $311.2M $335.2M
Total Long-Term Assets $65.23M $65.85M $46.90M
Total Assets $388.8M $377.1M $382.1M
YoY Change 1.76% 2.01% 3.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.622M $6.109M $6.200M
YoY Change -25.45% -5.8% -1.59%
Accrued Expenses $5.686M $5.139M $6.700M
YoY Change -15.13% -14.58% -38.53%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $17.50M $10.00M
YoY Change
Total Short-Term Liabilities $32.13M $24.24M $15.60M
YoY Change 105.96% 45.36% -16.58%
LONG-TERM LIABILITIES
Long-Term Debt $86.50M $94.00M $52.00M
YoY Change 66.35% 80.77%
Other Long-Term Liabilities $261.0K $183.0K $200.0K
YoY Change 30.5% -25.61% -33.33%
Total Long-Term Liabilities $86.76M $94.18M $52.20M
YoY Change 66.21% 80.27% 17300.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $32.13M $24.24M $15.60M
Total Long-Term Liabilities $86.76M $94.18M $52.20M
Total Liabilities $177.0M $176.6M $68.60M
YoY Change 158.04% 153.17% 243.0%
SHAREHOLDERS EQUITY
Retained Earnings $44.58M $35.65M
YoY Change -74.26%
Common Stock $2.095M $2.088M
YoY Change -98.7%
Preferred Stock
YoY Change
Treasury Stock (at cost) $266.0K $94.00K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $211.8M $200.5M $313.5M
YoY Change
Total Liabilities & Shareholders Equity $388.8M $377.1M $382.1M
YoY Change 1.76% 2.01% 3.44%

Cashflow Statement

Concept 2014 Q4 2014 Q1 2013 Q4
OPERATING ACTIVITIES
Net Income $2.031M -$60.00M $4.721M
YoY Change -56.98% -1563.41% 0.45%
Depreciation, Depletion And Amortization $890.0K $780.0K $1.020M
YoY Change -12.75% -27.1% -0.97%
Cash From Operating Activities $2.810M $7.700M $9.710M
YoY Change -71.06% 26.85% 39.71%
INVESTING ACTIVITIES
Capital Expenditures -$150.0K -$350.0K -$160.0K
YoY Change -6.25% 34.62% -71.93%
Acquisitions
YoY Change
Other Investing Activities $35.68M $24.51M $11.10M
YoY Change 221.44% -14.95% -45.24%
Cash From Investing Activities $35.53M $24.16M $10.94M
YoY Change 224.77% -15.44% -44.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.200M -27.27M -1.400M
YoY Change 57.14% 1604.38% -35.48%
NET CHANGE
Cash From Operating Activities 2.810M 7.700M 9.710M
Cash From Investing Activities 35.53M 24.16M 10.94M
Cash From Financing Activities -2.200M -27.27M -1.400M
Net Change In Cash 36.14M 4.590M 19.25M
YoY Change 87.74% -86.11% -21.36%
FREE CASH FLOW
Cash From Operating Activities $2.810M $7.700M $9.710M
Capital Expenditures -$150.0K -$350.0K -$160.0K
Free Cash Flow $2.960M $8.050M $9.870M
YoY Change -70.01% 27.17% 31.25%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
674000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3779000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4465000
CY2015Q2 dei Entity Central Index Key
EntityCentralIndexKey
0000076267
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
38000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
38000
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-01
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2014-11-30
dei Document Type
DocumentType
10-Q
CY2014Q4 pke Minimum Interest Coverage Ratio
MinimumInterestCoverageRatio
1.1
pke Number Of Insurance Carriers
NumberOfInsuranceCarriers
2
CY2012Q1 pke Number Of Insurance Carriers That Have Filed Answers To Lawsuit
NumberOfInsuranceCarriersThatHaveFiledAnswersToLawsuit
3
pke Number Of Sites Of Company Or Subsidiaries That Have Been Named For Potential Environmental Remediation Liability
NumberOfSitesOfCompanyOrSubsidiariesThatHaveBeenNamedForPotentialEnvironmentalRemediationLiability
4
pke Number Of Units Covered Under General Liability Insurance Coverage
NumberOfUnitsCoveredUnderGeneralLiabilityInsuranceCoverage
3
pke Percentage Of Legal Defense And Remediation Costs Associated With Sites Reimbursed By Insurance Carriers
PercentageOfLegalDefenseAndRemediationCostsAssociatedWithSitesReimbursedByInsuranceCarriers
1
pke Proceeds From Exercise Of Stock Options And Excess Tax Benefit
ProceedsFromExerciseOfStockOptionsAndExcessTaxBenefit
1609000
pke Proceeds From Exercise Of Stock Options And Excess Tax Benefit
ProceedsFromExerciseOfStockOptionsAndExcessTaxBenefit
987000
CY2014Q4 pke Stockolders Equity Including Treasury Stock
StockoldersEquityIncludingTreasuryStock
212064000
CY2014Q1 pke Stockolders Equity Including Treasury Stock
StockoldersEquityIncludingTreasuryStock
200637000
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4622000
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
6109000
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
20975000
CY2014Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
22881000
CY2014Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
4321000
CY2014Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2995000
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5686000
CY2014Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5139000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1161000
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1221000
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
164229000
CY2014Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
161677000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2552000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
912000
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
400000
CY2014Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
416000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
658000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
886000
CY2014Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
315000
CY2013Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
139000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
122000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
375000
CY2014Q4 us-gaap Assets
Assets
388812000
CY2014Q1 us-gaap Assets
Assets
377093000
CY2014Q4 us-gaap Assets Current
AssetsCurrent
323584000
CY2014Q1 us-gaap Assets Current
AssetsCurrent
311240000
CY2014Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
135051000
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
5000
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
186117000
CY2014Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
137206000
CY2014Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
371000
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
23000
CY2013Q4 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
324000
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
485000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
150256000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
133150000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
128679000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
17106000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-57438000
us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
17421000
us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-57431000
CY2014Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
213000
CY2014Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
17000
CY2014Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1000
CY2014Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
134697000
CY2014Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
136994000
CY2014Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
64272000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
70779000
CY2014Q4 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
5000
CY2013Q4 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
12000
CY2014Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2013Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
2095000
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
2088000
CY2014Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2028000
CY2013Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4966000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15142000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18100000
CY2014Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
26081000
CY2013Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
28640000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
88147000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
89963000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1900000
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
58124000
CY2014Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
58124000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2653000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2975000
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-315000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-7000
CY2014Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.018
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.138
CY2013Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.033
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.037
CY2014Q4 us-gaap Gross Profit
GrossProfit
8598000
CY2013Q4 us-gaap Gross Profit
GrossProfit
11038000
us-gaap Gross Profit
GrossProfit
37698000
us-gaap Gross Profit
GrossProfit
37650000
CY2014Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2069000
CY2013Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4884000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
17631000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
18369000
CY2013Q3 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
-2181000
CY2014Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38000
CY2013Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
163000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2429000
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
266000
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
94000
CY2013Q1 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
2715000
CY2014Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
42000
CY2013Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
60000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
85000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
31000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-3436000
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-332000
CY2014Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
9847000
CY2014Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
9847000
CY2014Q4 us-gaap Interest And Other Income
InterestAndOtherIncome
222000
CY2013Q4 us-gaap Interest And Other Income
InterestAndOtherIncome
139000
us-gaap Interest And Other Income
InterestAndOtherIncome
595000
us-gaap Interest And Other Income
InterestAndOtherIncome
284000
CY2014Q4 us-gaap Interest Expense
InterestExpense
361000
us-gaap Interest Expense
InterestExpense
1074000
CY2013Q4 us-gaap Interest Expense
InterestExpense
187000
us-gaap Interest Expense
InterestExpense
543000
us-gaap Interest Paid Net
InterestPaidNet
924000
us-gaap Interest Paid Net
InterestPaidNet
486000
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3637000
CY2014Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3223000
CY2014Q4 us-gaap Inventory Net
InventoryNet
14197000
CY2014Q1 us-gaap Inventory Net
InventoryNet
13871000
CY2014Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7434000
CY2014Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7253000
CY2014Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
338000
CY2014Q1 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
298000
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2788000
CY2014Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3097000
CY2014Q4 us-gaap Liabilities
Liabilities
177014000
CY2014Q1 us-gaap Liabilities
Liabilities
176550000
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
388812000
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
377093000
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
32129000
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
24243000
CY2014Q4 us-gaap Liability For Asbestos And Environmental Claims Net
LiabilityForAsbestosAndEnvironmentalClaimsNet
0
CY2014Q1 us-gaap Liability For Asbestos And Environmental Claims Net
LiabilityForAsbestosAndEnvironmentalClaimsNet
0
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
104000000
CY2014Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0131
us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.002
CY2014Q4 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
1000
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
25000
CY2013Q4 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
1000
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
20000
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
104000000
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17500000
CY2014Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
10000000
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
86500000
CY2014Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
94000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4799000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5265000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1259000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-74841000
CY2014Q4 us-gaap Noncurrent Assets
NoncurrentAssets
40228000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20961000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
22675000
us-gaap Net Income Loss
NetIncomeLoss
15202000
us-gaap Net Income Loss
NetIncomeLoss
17695000
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
2031000
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
4721000
CY2014Q1 us-gaap Noncurrent Assets
NoncurrentAssets
40853000
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2208000
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
4932000
us-gaap Operating Income Loss
OperatingIncomeLoss
18110000
us-gaap Operating Income Loss
OperatingIncomeLoss
18628000
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3019000
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1332000
CY2014Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-77000
CY2013Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
9000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-153000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
210000
CY2014Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3000
CY2013Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
245000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-60000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
405000
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
261000
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
183000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
172000
us-gaap Payments Of Dividends
PaymentsOfDividends
6274000
us-gaap Payments Of Dividends
PaymentsOfDividends
6252000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
75979000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
198485000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
381000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
773000
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3105000
CY2014Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4132000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
77619000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
124417000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1602000
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27362000
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
29674000
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
25000000
CY2014Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
25000000
CY2014Q4 us-gaap Restructuring Charges
RestructuringCharges
636000
us-gaap Restructuring Charges
RestructuringCharges
986000
us-gaap Restructuring Charges
RestructuringCharges
319000
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
44579000
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
35651000
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
34679000
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
39678000
us-gaap Sales Revenue Net
SalesRevenueNet
125845000
us-gaap Sales Revenue Net
SalesRevenueNet
127613000
CY2014Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5754000
CY2013Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6106000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18602000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18703000
us-gaap Share Based Compensation
ShareBasedCompensation
912000
us-gaap Share Based Compensation
ShareBasedCompensation
787000
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
75000
CY2012Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
1000000
CY2012Q4 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
93000
CY2014Q4 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
172000
CY2012Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4000
CY2014Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
8000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
211798000
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
200543000
CY2013Q3 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
1949000
CY2014Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20989000
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20917000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21002000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20871000
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20947000
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20857000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20917000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20840000

Files In Submission

Name View Source Status
0001437749-15-000494-index-headers.html Edgar Link pending
0001437749-15-000494-index.html Edgar Link pending
0001437749-15-000494.txt Edgar Link pending
0001437749-15-000494-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
pke-20141130.xml Edgar Link completed
pke-20141130.xsd Edgar Link pending
pke-20141130_cal.xml Edgar Link unprocessable
pke-20141130_def.xml Edgar Link unprocessable
pke-20141130_lab.xml Edgar Link unprocessable
pke-20141130_pre.xml Edgar Link unprocessable
pke20141130_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
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