10-Q/A Filing

IEH CORP CIK: 50292 Q1 2011

Filing Information

Form Type	10-Q/A
Accession Number	`0000914317-11-001260`
Period End Date	20110630
Filing Date	20110909
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	iehc-20110624.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 26 Cash Flow Statement 48

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$11.56K	USD	Point-in-time
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$11.56K	USD	Point-in-time
Cash	`Cash`	$157.05K	USD	Point-in-time
Cash	`Cash`	$538.96K	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.24M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.28M	USD	Point-in-time
Common stock par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, less allowances for doubtful accounts of $11,562 at June 24, 2011 and March 25, 2011	`AccountsReceivableNetCurrent`	$1.80M	USD	Point-in-time
Accounts receivable, less allowances for doubtful accounts of $11,562 at June 24, 2011 and March 25, 2011	`AccountsReceivableNetCurrent`	$1.99M	USD	Point-in-time
Inventories (Note 3)	`InventoryNet`	$3.71M	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventories (Note 3)	`InventoryNet`	$3.93M	USD	Point-in-time
Common stock shares authorized (in shares)	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	2.30M	shares	Point-in-time
Excess payments to accounts receivable factor (Note 6)	`NotesAndLoansReceivableNetCurrent`	$78.90K	USD	Point-in-time
Excess payments to accounts receivable factor (Note 6)	`NotesAndLoansReceivableNetCurrent`	-	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	2.30M	shares	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time
Prepaid expenses and other current assets (Note 4)	`PrepaidExpenseAndOtherAssetsCurrent`	$247.09K	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time
Prepaid expenses and other current assets (Note 4)	`PrepaidExpenseAndOtherAssetsCurrent`	$624.60K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.89M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.18M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $7,282,128 at June 24, 2011 and $7,244,628 at March 25, 2011 ( Note 5 )	`PropertyPlantAndEquipmentNet`	$1.27M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $7,282,128 at June 24, 2011 and $7,244,628 at March 25, 2011 ( Note 5 )	`PropertyPlantAndEquipmentNet`	$1.29M	USD	Point-in-time
Property plant and equipment - net	`SubTotalPropertyPlantAndEquipmentNet`	$1.29M	USD	Point-in-time
Property plant and equipment - net	`SubTotalPropertyPlantAndEquipmentNet`	$1.27M	USD	Point-in-time
Other assets	`OtherAssets`	$27.89K	USD	Point-in-time
Other assets	`OtherAssets`	$27.89K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$27.89K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$27.89K	USD	Point-in-time
Total Assets	`Assets`	$7.48M	USD	Point-in-time
Total Assets	`Assets`	$8.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$356.23K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$274.33K	USD	Point-in-time
Accounts receivable financing (Note 6)	`OtherShortTermBorrowings`	$25.63K	USD	Point-in-time
Accounts receivable financing (Note 6)	`OtherShortTermBorrowings`	-	USD	Point-in-time
Accrued corporate income taxes	`AccruedIncomeTaxesCurrent`	$3.75K	USD	Point-in-time
Accrued corporate income taxes	`AccruedIncomeTaxesCurrent`	$370.78K	USD	Point-in-time
Workers compensation insurance assessments- current portion (Note 8)	`EmployeeRelatedLiabilitiesCurrent`	$47.64K	USD	Point-in-time
Workers compensation insurance assessments- current portion (Note 8)	`EmployeeRelatedLiabilitiesCurrent`	$47.64K	USD	Point-in-time
Other current liabilities (Note 7)	`OtherLiabilitiesCurrent`	$449.95K	USD	Point-in-time
Other current liabilities (Note 7)	`OtherLiabilitiesCurrent`	$364.46K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.17M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$772.08K	USD	Point-in-time
Workers compensation insurance assessments- net of current portion (Note 8)	`OtherLiabilitiesNoncurrent`	$101.15K	USD	Point-in-time
Workers compensation insurance assessments- net of current portion (Note 8)	`OtherLiabilitiesNoncurrent`	$113.06K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$113.06K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$101.15K	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.27M	USD	Point-in-time
Total Liabilities	`Liabilities`	$885.14K	USD	Point-in-time
Common stock, $.01 par value; 10,000,000 shares authorized; 2,303,468 shares issued and outstanding at June 24, 2011 and March 25, 2011	`CommonStockValue`	$23.04K	USD	Point-in-time
Common stock, $.01 par value; 10,000,000 shares authorized; 2,303,468 shares issued and outstanding at June 24, 2011 and March 25, 2011	`CommonStockValue`	$23.04K	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$2.74M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$2.74M	USD	Point-in-time
Retained earnings ( Note 9 )	`RetainedEarningsAccumulatedDeficit`	$4.17M	USD	Point-in-time
Retained earnings ( Note 9 )	`RetainedEarningsAccumulatedDeficit`	$3.83M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$6.94M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$6.59M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$7.48M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.21M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
REVENUE, net sales	`SalesRevenueNet`	$3.49M	USD	1 Quarter
REVENUE, net sales	`SalesRevenueNet`	$3.35M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$2.11M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$2.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$523.90K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$460.76K	USD	1 Quarter
Interest expense	`InterestExpense`	$7.86K	USD	1 Quarter
Interest expense	`InterestExpense`	$7.41K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$37.50K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$37.50K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.87M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.62M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$737.50K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$619.57K	USD	1 Quarter
OTHER INCOME	`NonoperatingIncomeExpense`	$164.00	USD	1 Quarter
OTHER INCOME	`NonoperatingIncomeExpense`	$83.00	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$737.67K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$619.65K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$272.00K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$342.80K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$347.65K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$394.87K	USD	1 Quarter
BASIC AND DILUTED EARNINGS PER SHARE (Note 2) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.17	USD	1 Quarter
BASIC AND DILUTED EARNINGS PER SHARE (Note 2) (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.15	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (shares in thousands)	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	2,303.00	shares	Point-in-time
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (shares in thousands)	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	2,303.00	shares	Point-in-time

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$347.65K	USD	1 Quarter
Net income	`ProfitLoss`	$394.87K	USD	1 Quarter
Depreciation	`Depreciation`	$37.50K	USD	1 Quarter
Depreciation	`Depreciation`	$37.50K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$285.03K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-189.31K	USD	1 Quarter
(Increase) in inventories	`IncreaseDecreaseInInventories`	$216.43K	USD	1 Quarter
(Increase) in inventories	`IncreaseDecreaseInInventories`	$184.00K	USD	1 Quarter
Decrease in excess payments to accounts receivable factor	`IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities`	$-224.04K	USD	1 Quarter
Decrease in excess payments to accounts receivable factor	`IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities`	$-78.90K	USD	1 Quarter
(Increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$458.20K	USD	1 Quarter
(Increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$377.51K	USD	1 Quarter
(Increase) in other assets	`IncreaseDecreaseInOperatingAssets`	$40.00	USD	1 Quarter
(Increase) in other assets	`IncreaseDecreaseInOperatingAssets`	-	USD	1 Quarter
(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-81.89K	USD	1 Quarter
(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.19K	USD	1 Quarter
Increase in other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$85.49K	USD	1 Quarter
Increase in other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$79.64K	USD	1 Quarter
Increase in accrued corporate income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$342.80K	USD	1 Quarter
Increase in accrued corporate income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$367.03K	USD	1 Quarter
(Decrease) in workers compensation assessment	`IncreaseDecreaseInOtherOperatingCapitalNet`	$11.91K	USD	1 Quarter
(Decrease) in workers compensation assessment	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.07K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$70.48K	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-253.55K	USD	1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$418.14K	USD	1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$141.32K	USD	1 Quarter
Acquisition of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$60.24K	USD	1 Quarter
Acquisition of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$61.85K	USD	1 Quarter
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-61.85K	USD	1 Quarter
NET CASH USED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-60.24K	USD	1 Quarter
Net Activity of accounts receivable financing	`NetActivityOfAccountsReceivableFinancingLongTerm`	$-25.63K	USD	1 Quarter
Net Activity of accounts receivable financing	`NetActivityOfAccountsReceivableFinancingLongTerm`	$-26.05K	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$26.05K	USD	1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$25.63K	USD	1 Quarter
INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$381.92K	USD	1 Quarter
INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$107.12K	USD	1 Quarter
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$538.96K	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$427.13K	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$320.01K	USD	Point-in-time
CASH, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$157.05K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$538.96K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$427.13K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$320.01K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$157.05K	USD	Point-in-time
Interest paid	`InterestPaid`	$4.37K	USD	1 Quarter
Interest paid	`InterestPaid`	$3.56K	USD	1 Quarter
Income Taxes paid	`IncomeTaxesPaidNet`	$353.27K	USD	1 Quarter
Income Taxes paid	`IncomeTaxesPaidNet`	$355.00K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.