$SMID
SMITH MIDLAND CORP

2010 Q4 Form 10-K Financial Statement

#000092471912000009 Filed on April 16, 2012

View on sec.gov

Income Statement

Concept 2010 Q4
Revenue $8.670M
YoY Change 65.77%
Cost Of Revenue $6.580M
YoY Change 57.04%
Gross Profit $2.090M
YoY Change 100.96%
Gross Profit Margin 24.11%
Selling, General & Admin $1.390M
YoY Change -6.71%
% of Gross Profit 66.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $190.0K
YoY Change 5.56%
% of Gross Profit 9.09%
Operating Expenses $1.390M
YoY Change -6.71%
Operating Profit $700.0K
YoY Change -255.56%
Interest Expense -$20.00K
YoY Change -33.33%
% of Operating Profit -2.86%
Other Income/Expense, Net $50.00K
YoY Change
Pretax Income $730.0K
YoY Change -252.08%
Income Tax $230.0K
% Of Pretax Income 31.51%
Net Earnings $500.0K
YoY Change -256.25%
Net Earnings / Revenue 5.77%
Basic Earnings Per Share
Diluted Earnings Per Share $103.7K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2010 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.570M
YoY Change -12.29%
Cash & Equivalents $2.573M
Short-Term Investments
Other Short-Term Assets $500.0K
YoY Change -3.85%
Inventory $1.840M
Prepaid Expenses
Receivables $7.519M
Other Receivables $300.0K
Total Short-Term Assets $13.38M
YoY Change 21.24%
LONG-TERM ASSETS
Property, Plant & Equipment $4.604M
YoY Change 10.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $134.1K
YoY Change 3.17%
Total Long-Term Assets $4.738M
YoY Change 9.93%
TOTAL ASSETS
Total Short-Term Assets $13.38M
Total Long-Term Assets $4.738M
Total Assets $18.12M
YoY Change 18.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.314M
YoY Change 8.6%
Accrued Expenses $1.738M
YoY Change 64.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $410.0K
YoY Change -14.58%
Total Short-Term Liabilities $3.642M
YoY Change 5.56%
LONG-TERM LIABILITIES
Long-Term Debt $2.810M
YoY Change -8.77%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.810M
YoY Change -8.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.642M
Total Long-Term Liabilities $2.810M
Total Liabilities $7.164M
YoY Change 4.27%
SHAREHOLDERS EQUITY
Retained Earnings $6.140M
YoY Change
Common Stock $47.04K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $102.3K
YoY Change
Treasury Stock Shares 40.92K shares
Shareholders Equity $10.96M
YoY Change
Total Liabilities & Shareholders Equity $18.12M
YoY Change 18.06%

Cashflow Statement

Concept 2010 Q4
OPERATING ACTIVITIES
Net Income $500.0K
YoY Change -256.25%
Depreciation, Depletion And Amortization $190.0K
YoY Change 5.56%
Cash From Operating Activities $1.230M
YoY Change 141.18%
INVESTING ACTIVITIES
Capital Expenditures -$160.0K
YoY Change 100.0%
Acquisitions
YoY Change
Other Investing Activities $10.00K
YoY Change
Cash From Investing Activities -$160.0K
YoY Change 128.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -110.0K
YoY Change 450.0%
NET CHANGE
Cash From Operating Activities 1.230M
Cash From Investing Activities -160.0K
Cash From Financing Activities -110.0K
Net Change In Cash 960.0K
YoY Change 128.57%
FREE CASH FLOW
Cash From Operating Activities $1.230M
Capital Expenditures -$160.0K
Free Cash Flow $1.390M
YoY Change 135.59%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2010Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
213108 USD
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable
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233851 USD
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2010Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Common Stock Shares Authorized
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CY2010Q4 us-gaap Common Stock Shares Authorized
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8000000 shares
CY2011Q4 us-gaap Common Stock Shares Issued
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4826182 shares
CY2010Q4 us-gaap Common Stock Shares Issued
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CY2010Q4 us-gaap Common Stock Shares Outstanding
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CY2010Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2010Q4 us-gaap Preferred Stock Shares Authorized
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CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2010Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
40920 shares
CY2010Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
40920 shares
CY2011 dei Amendment Flag
AmendmentFlag
false
CY2011 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2011 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2011 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
CY2011 dei Document Period End Date
DocumentPeriodEndDate
2011-12-31
CY2011 dei Document Type
DocumentType
10-K
CY2011 dei Entity Central Index Key
EntityCentralIndexKey
0000924719
CY2012Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4785262 shares
CY2011 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2011 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2011Q2 dei Entity Public Float
EntityPublicFloat
6624834 USD
CY2011 dei Entity Registrant Name
EntityRegistrantName
SMITH MIDLAND CORP
CY2011 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2011 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

Files In Submission

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0000924719-12-000009-index-headers.html Edgar Link pending
0000924719-12-000009-index.html Edgar Link pending
0000924719-12-000009.txt Edgar Link pending
0000924719-12-000009-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R2.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
smid-12312011x10k.htm Edgar Link pending
smid-12312011xex231.htm Edgar Link pending
smid-12312011xex311.htm Edgar Link pending
smid-12312011xex312.htm Edgar Link pending
smid-12312011xex32.htm Edgar Link pending
smid-20111231.xml Edgar Link completed
smid-20111231.xsd Edgar Link pending
smid-20111231_cal.xml Edgar Link unprocessable
smid-20111231_def.xml Edgar Link unprocessable
smid-20111231_lab.xml Edgar Link unprocessable
smid-20111231_pre.xml Edgar Link unprocessable