Company Information

  

Address: 110 110TH AVENUE NE, SUITE 300  
City: BELLEVUE 
State: WA 
Zip Code: 98004 
Telephone: 425-519-5900 

Description of Business

Primary SIC Code: 7389
(As filed with the SEC)  

This Annual Report on Form 10-K contains "forward-looking statements" within the meaning of the safe-harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can often be identified by words such as: "expect," "believe," "estimate," "plan," "strategy," "future," "potential," "continue," "may," "should," "will," and similar references to future periods. Examples include, among others, statements about: expected operating results, such as revenue and earnings; anticipated levels of capital expenditures; future market conditions; our belief that we have sufficient liquidity to fund our business operations for at least the next 12 months; expectations of the effect on our financial condition of claims, litigation, contingent liabilities and supplier audits; and strategies for customer retention, growth, new product and service developments, and market position.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/2017-0.45NAN/E
06/2017-0.31NAN/E
03/2017-0.11NAN/E
12/2016-0.09NAN/E
09/20160.11NA44.73
06/20160.22NA25.36
03/20160.40NA14.80
12/20150.49NA12.43

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.01Total Liab/Total Assets0.38
Net Inc/Total Assets-0.02Total Liab/Inv Cap0.88
Net Inc/Inv Cap-0.04Total Liab/Comm Equity0.17
Pretax Inc/Net Sales-0.01Interest Coverage RatioNA
Net Inc/Net Sales-0.01Curr Debt/Equity0.39
Cash Flow/Net Sales0.03LTD/EquityNA
SG&A/NetSales0.14Total Debt/Equity0.39
Asset Utilization   Liquidity  
Net Receivables Turnover4.80Quick Ratio2.75
Inventory TurnoverNACurrent Ratio2.75
Inventory Day SalesNANet Rec/Curr Assets0.39
Net Sales/Work Cap2.75Inv/Curr AssetsNA
Net Sales/PP&E89.48  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 19.65 18.85 22.84 26.80
Cost of Goods Sold 15.27 14.98 16.59 22.84
Selling & Admin Exps 5.34 5.05 4.87 4.43
Operating Income -2.55 -2.62 0.04 -1.31
Interest Exp NA NA NA NA
Pretax Income -2.51 -2.56 0.10 -1.26
Other Income 0.03 0.06 0.06 0.04
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -2.47 -2.56 0.20 -1.26

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 26.76 27.30 30.98 33.20
Receivables - Total 16.61 17.95 15.75 21.58
Inventories - Total NA NA NA NA
Total Current Assets 45.02 47.08 49.09 55.66
Net Property, Plant & Equipment 1.02 1.08 1.04 1.09
Total Assets 50.25 52.40 54.40 61.01
Liabilities        
Accounts Payable 3.43 2.74 2.96 3.01
Debt in Current Liabilities 7.96 9.08 9.11 14.83
Total Current Liabilities 14.35 14.45 14.31 20.22
Long-Term Debt NA NA NA NA
Total Liabilities 15.01 15.30 15.20 22.90
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 137.19 136.59 136.15 135.66
Retained Earnings -101.04 -98.58 -96.02 -96.61
Treasury Stock NA NA NA NA
Total Stockholders' Equity 35.24 37.10 39.21 38.11
Total Liabilities and Stockholders' Equity 50.25 52.40 54.40 61.01

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities -0.53 -3.55 -2.22 1.40
Net Cash Provided by Investing Activities 4.12 3.27 -2.48 0.32
Net Cash Provided by Financing Activities 0.06 0.03 0.09 0.28

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012101.390.920.08
12/201392.11-5.26-0.47
12/201495.922.350.20
12/2015106.606.090.49
12/201697.44-1.05-0.09
Growth Rates-0.99----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17304,03531.96




Report Date : 12/4/2017

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