2012 Q3 Form 10-Q Financial Statement

#000095015912000637 Filed on November 21, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $8.079M $7.147M
YoY Change 13.04% -14.73%
Cost Of Revenue $6.140M $5.232M
YoY Change 17.36% -9.74%
Gross Profit $1.938M $1.915M
YoY Change 1.2% -25.93%
Gross Profit Margin 23.99% 26.79%
Selling, General & Admin $1.924M $1.954M
YoY Change -1.53% 74.24%
% of Gross Profit 99.28% 102.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $195.7K $127.0K
YoY Change 54.1% 27.01%
% of Gross Profit 10.1% 6.63%
Operating Expenses $1.924M $1.954M
YoY Change -1.53% 74.24%
Operating Profit $14.29K -$38.52K
YoY Change -137.09% -102.63%
Interest Expense $74.39K $78.53K
YoY Change -5.27% -28.9%
% of Operating Profit 520.75%
Other Income/Expense, Net -$70.65K -$70.07K
YoY Change 0.82% -34.08%
Pretax Income -$56.36K -$108.6K
YoY Change -48.1% -108.0%
Income Tax -$11.34K -$20.49K
% Of Pretax Income
Net Earnings -$50.00K -$88.10K
YoY Change -43.25% -110.3%
Net Earnings / Revenue -0.62% -1.23%
Basic Earnings Per Share $0.00 -$0.01
Diluted Earnings Per Share $0.00 -$0.01
COMMON SHARES
Basic Shares Outstanding 18.70M shares 16.55M shares
Diluted Shares Outstanding 18.70M shares 16.55M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.140M $5.210M
YoY Change -58.93% -43.61%
Cash & Equivalents $2.139M $5.212M
Short-Term Investments
Other Short-Term Assets $1.426M $544.9K
YoY Change 161.64% 11.21%
Inventory $5.440M $8.540M
Prepaid Expenses
Receivables $4.684M $3.063M
Other Receivables $1.410M $710.0K
Total Short-Term Assets $15.94M $18.65M
YoY Change -14.56% 8.39%
LONG-TERM ASSETS
Property, Plant & Equipment $7.126M $5.128M
YoY Change 38.95% 10.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $158.4K $450.0K
YoY Change -64.8% 462.5%
Total Long-Term Assets $7.681M $7.872M
YoY Change -2.43% 66.07%
TOTAL ASSETS
Total Short-Term Assets $15.94M $18.65M
Total Long-Term Assets $7.681M $7.872M
Total Assets $23.62M $26.53M
YoY Change -10.96% 20.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.027M $1.643M
YoY Change 23.34% 72.96%
Accrued Expenses $1.538M $1.466M
YoY Change 4.92% 161.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.080M $1.370M
YoY Change -21.17% 69.14%
Total Short-Term Liabilities $6.536M $6.169M
YoY Change 5.94% 137.28%
LONG-TERM LIABILITIES
Long-Term Debt $5.420M $6.150M
YoY Change -11.87% 10.61%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $5.420M $6.150M
YoY Change -11.87% 10.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.536M $6.169M
Total Long-Term Liabilities $5.420M $6.150M
Total Liabilities $11.95M $12.32M
YoY Change -3.0% 50.8%
SHAREHOLDERS EQUITY
Retained Earnings $5.591M $8.759M
YoY Change -36.17%
Common Stock $1.890K $1.665K
YoY Change 13.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.67M $14.20M
YoY Change
Total Liabilities & Shareholders Equity $23.62M $26.53M
YoY Change -10.96% 20.85%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income -$50.00K -$88.10K
YoY Change -43.25% -110.3%
Depreciation, Depletion And Amortization $195.7K $127.0K
YoY Change 54.1% 27.01%
Cash From Operating Activities -$1.860M -$2.310M
YoY Change -19.48% -5875.0%
INVESTING ACTIVITIES
Capital Expenditures -$60.00K -$880.0K
YoY Change -93.18% 8700.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$60.00K -$880.0K
YoY Change -93.18% 23.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -340.0K 1.070M
YoY Change -131.78% 224.24%
NET CHANGE
Cash From Operating Activities -1.860M -2.310M
Cash From Investing Activities -60.00K -880.0K
Cash From Financing Activities -340.0K 1.070M
Net Change In Cash -2.260M -2.120M
YoY Change 6.6% 523.53%
FREE CASH FLOW
Cash From Operating Activities -$1.860M -$2.310M
Capital Expenditures -$60.00K -$880.0K
Free Cash Flow -$1.800M -$1.430M
YoY Change 25.87% -2960.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2012Q3 dei Entity Central Index Key
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CY2012Q3 dei Document Type
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CY2012Q3 dei Amendment Flag
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CY2012Q3 dei Current Fiscal Year End Date
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">NOTE 1 - DESCRIPTION OF BUSINESS</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">TechPrecision Corporation, or TechPrecision is a Delaware corporation organized in February&#160;2005 under the name Lounsberry Holdings II,&#160;Inc. The name was changed to TechPrecision Corporation on March&#160;6, 2006. TechPrecision is the parent company of Ranor,&#160;Inc., or Ranor, a Delaware corporation. On November&#160;4, 2010, TechPrecision announced it completed the formation of a wholly foreign owned enterprise (WFOE), Wuxi Critical Mechanical Components Co.,&#160;Ltd., or WCMC, to meet growing demand for local manufacturing of components in China. TechPrecision, WCMC and Ranor are collectively referred to as the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;us,&#8221; or &#8220;our.&#8221; The Company manufactures large scale metal fabricated and machined precision components and equipment. These products are used in a variety of markets including the alternative energy,&#160;medical, nuclear, commercial, defense and aerospace industries.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p></td></tr></table>
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CY2012Q1 us-gaap Prepaid Insurance
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1052500 USD
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1052500 USD
CY2012Q3 us-gaap Other Assets Miscellaneous Current
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16618 USD
CY2012Q1 us-gaap Other Assets Miscellaneous Current
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102173 USD
CY2012Q3 us-gaap Other Assets Current
OtherAssetsCurrent
1425755 USD
CY2012Q3 us-gaap Deposits Assets Noncurrent
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83337 USD
CY2012Q1 us-gaap Deposits Assets Noncurrent
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171252 USD
CY2012Q3 us-gaap Deferred Finance Costs Noncurrent Net
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75085 USD
CY2012Q1 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
99378 USD
CY2012Q3 us-gaap Other Assets Noncurrent
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158422 USD
CY2012Q3 us-gaap Employee Related Liabilities Current
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EmployeeRelatedLiabilitiesCurrent
970088 USD
CY2012Q3 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
454654 USD
CY2012Q1 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
375512 USD
CY2012Q3 us-gaap Provision For Loss On Contracts
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CY2012Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
191637 USD
CY2012Q3 us-gaap Accrued Liabilities Current
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1538459 USD
CY2012Q3 tpcs Debt Instrument And Capital Lease Obligations Carrying Amount
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6497676 USD
us-gaap Income Tax Expense Benefit
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CY2012Q3 us-gaap Operating Loss Carryforwards
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0.36 pure
CY2011Q1 tpcs Class Of Warrants Or Rights Term
ClassOfWarrantsOrRightsTerm
P2Y
CY2011Q1 tpcs Warrant Issued During Period Shares For Service Provided
WarrantIssuedDuringPeriodSharesForServiceProvided
100000 shares
CY2011Q1 tpcs Warrants Exercise Price
WarrantsExercisePrice
1.65
CY2011Q1 us-gaap Fair Value Assumptions Risk Free Interest Rate
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0.0030 pure
CY2011Q1 us-gaap Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
0.79 pure
CY2011Q1 us-gaap Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
P1Y
CY2011Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
0.51
CY2011Q1 us-gaap Adjustment Of Warrants Granted For Services
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51428 USD
CY2012Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
100000 shares
CY2012Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
100000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1000000 shares
CY2010Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3000000 shares
CY2011Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3300000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
tpcs Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Yield Term Of Us Treasury Issues On Which Risk Free Interest Rate Is Based
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsYieldTermOfUSTreasuryIssuesOnWhichRiskFreeInterestRateIsBased
P5Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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1.06 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.00083 pure
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
453506 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2415666 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2439000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
50000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
26666 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2439000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1473000 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.040
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.036
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.7000
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
1.036
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.893
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
107375 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
400700 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
400700 USD
CY2012Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
288299 USD
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y8M16D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y3M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y3M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y3M22D
CY2012Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
714677 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodFairValue
880719 USD
CY2012Q1 tpcs Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
1489000 shares
CY2012Q3 tpcs Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
966000 shares
tpcs Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
563000 shares
CY2012Q1 tpcs Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
1.205
CY2012Q3 tpcs Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
1.255
tpcs Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageExercisePrice
1.071
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
80439 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
105535 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
245423 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Next Rolling Twelve Months
OperatingLeasesFutureMinimumPaymentsNextRollingTwelveMonths
67813 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Two
OperatingLeasesFutureMinimumPaymentsDueInRollingYearTwo
61236 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Three
OperatingLeasesFutureMinimumPaymentsDueInRollingYearThree
62826 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Four
OperatingLeasesFutureMinimumPaymentsDueInRollingYearFour
53548 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-751289 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-88098 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18614112 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18696846 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16546279 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2011Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6907806 shares
CY2012Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5808674 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
8094812 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18696846 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18614112 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16546279 shares
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8457830 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
762000 shares
CY2011Q3 us-gaap Gross Profit
GrossProfit
1915457 USD
CY2011Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1953978 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-38521 USD
CY2011Q3 us-gaap Interest Expense
InterestExpense
78531 USD
CY2011Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
8460 USD
CY2011Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-70071 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-108592 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
1938365 USD
CY2012Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5418000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
14286 USD
CY2012Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-70648 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-56362 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2138756 USD
CY2012Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4684370 USD
CY2012Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
578047 USD
CY2012Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1198099 USD
CY2012Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
1054847 USD
CY2012Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
396604 USD
CY2012Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
2026595 USD
CY2012Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
159987 USD
CY2012Q3 us-gaap Preferred Stock Value
PreferredStockValue
1485696 USD
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
1890 USD
CY2012Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4844253 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-257397 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5590888 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
8078552 USD
CY2012Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
6140187 USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1924079 USD
CY2012Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2558 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2511 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
74394 USD
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1188 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11342 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-8552 USD
CY2012Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
26214 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
17662 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-3374 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
21036 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-23984 USD
us-gaap Interest Expense
InterestExpense
154485 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2881 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-79143 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
14111 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-31219 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
415429 USD
us-gaap Share Based Compensation
ShareBasedCompensation
282719 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-282020 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-219289 USD
tpcs Increase Decrease In Costs Incurred On Uncompleted Contracts
IncreaseDecreaseInCostsIncurredOnUncompletedContracts
948192 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
202361 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-61199 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-88126 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
664632 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1036974 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
931453 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
75109 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
683928 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-3969 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
764306 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
246536 USD

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