Company Information

  

Address: 2400 BOSWELL ROAD  
City: CHULA VISTA 
State: CA 
Zip Code: 91914 
Telephone: 619-934-3980 

Description of Business

Primary SIC Code: 5961
(As filed with the SEC)  

This Annual Report on Form 10-K (this "Annual Report") contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that involve substantial risks and uncertainties. The forward-looking statements are contained principally in Part I, Item 1. "Business," Part I, Item 1A. "Risk Factors," and Part II, Item 7. "Management's Discussion and Analysis of Financial Condition and Results of Operations," but are also contained elsewhere in this Annual Report. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/2017-0.68NAN/E
09/2017-0.30NAN/E
06/2017-0.24NAN/E
03/2017-4.00NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.07Total Liab/Total Assets0.90
Net Inc/Total Assets-0.18Total Liab/Inv Cap2.83
Net Inc/Inv Cap-0.55Total Liab/Comm Equity0.38
Pretax Inc/Net Sales-0.06Interest Coverage Ratio-0.72
Net Inc/Net Sales-0.08Curr Debt/Equity1.58
Cash Flow/Net Sales-0.02LTD/Equity3.65
SG&A/NetSales0.61Total Debt/Equity5.23
Asset Utilization   Liquidity  
Net Receivables Turnover48.17Quick Ratio0.24
Inventory Turnover3.22Current Ratio0.83
Inventory Day Sales0.01Net Rec/Curr Assets0.14
Net Sales/Work Cap-25.28Inv/Curr Assets0.71
Net Sales/PP&E12.09  

Income Statement (Millions)

  12/31/2017 9/30/2017 6/30/2017 3/31/2017
Total Revenues(Net Sales) 41.04 44.40 41.53 38.73
Cost of Goods Sold 17.21 18.63 17.43 16.87
Selling & Admin Exps 24.82 27.58 24.78 24.27
Operating Income -0.99 -1.82 -0.68 -2.40
Interest Exp 1.58 1.75 1.26 1.20
Pretax Income -1.33 -2.36 -3.28 -2.99
Other Income 1.24 1.21 -1.34 0.61
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -6.82 -1.07 -2.73 -2.06

Balance Sheet (Millions)

Assets 12/31/2017 9/30/2017 6/30/2017 3/31/2017
Cash & Short Term Investments 0.67 1.37 0.90 1.02
Receivables - Total 4.42 3.91 5.37 4.65
Inventories - Total 22.07 21.05 20.67 20.80
Total Current Assets 31.17 29.66 29.86 29.12
Net Property, Plant & Equipment 13.71 13.91 14.00 13.92
Total Assets 72.39 74.00 69.28 69.17
Liabilities        
Accounts Payable 21.44 20.45 19.54 18.46
Debt in Current Liabilities 11.75 5.72 5.53 4.23
Total Current Liabilities 37.72 31.82 30.65 27.91
Long-Term Debt 27.22 27.56 23.76 24.25
Total Liabilities 64.94 59.38 54.41 52.15
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.02 0.02 0.02 0.39
Retained Earnings -163.69 -156.87 -155.81 -153.08
Treasury Stock NA NA NA NA
Total Stockholders' Equity 7.45 14.62 14.87 17.01
Total Liabilities and Stockholders' Equity 72.39 74.00 69.28 69.17

Cash Flow Summary (Millions)

Categories 12/31/2017 9/30/2017 6/30/2017 3/31/2017
Net Cash Provided by Operating Activities -0.99 -1.61 0.33 -0.51
Net Cash Provided by Investing Activities -0.12 -0.19 -0.36 -0.32
Net Cash Provided by Financing Activities 0.47 2.28 -0.16 1.03

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201385.632.77--
12/2014134.045.37--
12/2015156.60-1.71--
12/2016162.67-0.40--
12/2017165.70-12.68-0.68
Growth Rates17.94----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/189630.32




Report Date : 4/16/2018

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