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
06/2017-0.24NAN/E
03/2017-4.00NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.00Total Liab/Total Assets0.71
Net Inc/Total Assets-0.01Total Liab/Inv Cap1.32
Net Inc/Inv Cap-0.01Total Liab/Comm Equity0.28
Pretax Inc/Net Sales0.00Interest Coverage Ratio0.87
Net Inc/Net Sales0.00Curr Debt/Equity0.26
Cash Flow/Net Sales-0.01LTD/Equity1.14
SG&A/NetSales0.59Total Debt/Equity1.41
Asset Utilization   Liquidity  
Net Receivables Turnover58.80Quick Ratio0.28
Inventory Turnover3.27Current Ratio1.12
Inventory Day Sales0.01Net Rec/Curr Assets0.11
Net Sales/Work Cap51.43Inv/Curr Assets0.75
Net Sales/PP&E11.61  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 41.53 38.73 38.40 43.56
Cost of Goods Sold 17.43 16.87 15.43 17.19
Selling & Admin Exps 24.78 24.27 23.72 25.79
Operating Income -0.68 -2.40 -0.75 0.58
Interest Exp 1.26 1.20 1.34 0.95
Pretax Income -3.28 -2.99 -1.25 -0.00
Other Income -1.34 0.61 0.84 0.37
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -2.73 -2.06 -0.51 0.07

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 0.90 1.02 0.87 2.01
Receivables - Total 5.37 4.65 3.03 3.75
Inventories - Total 20.67 20.80 21.49 19.90
Total Current Assets 29.86 29.12 28.47 28.53
Net Property, Plant & Equipment 14.00 13.92 14.01 13.81
Total Assets 69.28 69.17 66.01 67.95
Liabilities        
Accounts Payable 19.54 18.46 16.04 16.25
Debt in Current Liabilities 5.53 4.23 5.01 5.57
Total Current Liabilities 30.65 27.91 25.31 25.42
Long-Term Debt 23.76 24.25 21.70 23.40
Total Liabilities 54.41 52.15 47.01 48.82
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.02 0.39 0.39 0.39
Retained Earnings -155.81 -153.08 -151.02 -150.51
Treasury Stock NA NA NA NA
Total Stockholders' Equity 14.87 17.01 19.00 19.13
Total Liabilities and Stockholders' Equity 69.28 69.17 66.01 67.95

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 0.33 -0.51 -3.39 2.88
Net Cash Provided by Investing Activities -0.36 -0.32 -0.42 -0.57
Net Cash Provided by Financing Activities -0.16 1.03 2.39 -2.10

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201275.00-0.42--
12/201385.632.77--
12/2014134.045.37--
12/2015156.60-1.71--
12/2016162.67-0.40--
Growth Rates21.35----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/173100.05




Report Date : 10/16/2017

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