10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000914317-11-001461 |
| Period End Date | 20110930 |
| Filing Date | 20111109 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | esp-20110930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
82 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$10.34M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.48M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$7.78M | USD | Point-in-time |
| Progress payments of contracts in process |
ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms
|
$27.96K | USD | Point-in-time |
| Progress payments of contracts in process |
ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms
|
$126.36K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.70M | USD | Point-in-time |
| Investment securities |
MarketableSecuritiesCurrent
|
$1.95M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.33 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.33 | USD | Point-in-time |
| Investment securities |
MarketableSecuritiesCurrent
|
$2.55M | USD | Point-in-time |
| Trade accounts receivable, net |
AccountsReceivableNetCurrent
|
$5.30M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Trade accounts receivable, net |
AccountsReceivableNetCurrent
|
$6.27M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
3.03M | shares | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
- | USD | Point-in-time |
| Income tax receivable |
IncomeTaxesReceivable
|
$75.88K | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
3.03M | shares | Point-in-time |
| Raw materials |
InventoryRawMaterials
|
$1.27M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
2.32M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
2.32M | shares | Point-in-time |
| Raw materials |
InventoryRawMaterials
|
$1.37M | USD | Point-in-time |
| Work-in-process |
InventoryWorkInProcess
|
$1.24M | USD | Point-in-time |
| Unearned ESOP, shares |
EmployeeStockOwnershipPlanESOPShareInESOP
|
157,500.00 | shares | Point-in-time |
| Work-in-process |
InventoryWorkInProcess
|
$1.09M | USD | Point-in-time |
| Unearned ESOP, shares |
EmployeeStockOwnershipPlanESOPShareInESOP
|
152,292.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
708,914.00 | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
704,983.00 | shares | Point-in-time |
| Costs related to contracts in process, net of progress payments |
InventoryForLongTermContractsOrPrograms
|
$8.22M | USD | Point-in-time |
| Costs related to contracts in process, net of progress payments |
InventoryForLongTermContractsOrPrograms
|
$8.25M | USD | Point-in-time |
| Total inventories |
InventoryNet
|
$10.58M | USD | Point-in-time |
| Total inventories |
InventoryNet
|
$10.86M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$360.55K | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$368.91K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$148.36K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$208.90K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$29.06M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$29.64M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.64M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.70M | USD | Point-in-time |
| Loan receivable |
NotesAndLoansReceivableGrossNoncurrent
|
$108.30K | USD | Point-in-time |
| Loan receivable |
NotesAndLoansReceivableGrossNoncurrent
|
$98.19K | USD | Point-in-time |
| Total assets |
Assets
|
$32.37M | USD | Point-in-time |
| Total assets |
Assets
|
$31.87M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.45M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.61M | USD | Point-in-time |
| Salaries, wages and commissions |
AccruedSalariesCurrent
|
$464.38K | USD | Point-in-time |
| Salaries, wages and commissions |
AccruedSalariesCurrent
|
$412.56K | USD | Point-in-time |
| Vacation |
AccruedVacationCurrent
|
$586.55K | USD | Point-in-time |
| Vacation |
AccruedVacationCurrent
|
$623.76K | USD | Point-in-time |
| ESOP Payable |
DeferredCompensationShareBasedArrangementsLiabilityCurrent
|
$92.32K | USD | Point-in-time |
| ESOP Payable |
DeferredCompensationShareBasedArrangementsLiabilityCurrent
|
- | USD | Point-in-time |
| Other |
OtherEmployeeRelatedLiabilitiesCurrent
|
$70.72K | USD | Point-in-time |
| Other |
OtherEmployeeRelatedLiabilitiesCurrent
|
$121.03K | USD | Point-in-time |
| Payroll and other taxes withheld and accrued |
AccruedPayrollTaxesCurrent
|
$44.09K | USD | Point-in-time |
| Payroll and other taxes withheld and accrued |
AccruedPayrollTaxesCurrent
|
$46.72K | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$277.75K | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
- | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.93M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.87M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$270.73K | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$252.76K | USD | Point-in-time |
| Total liabilities |
LiabilitiesNoncurrent
|
$3.13M | USD | Point-in-time |
| Total liabilities |
LiabilitiesNoncurrent
|
$3.20M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.01M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.01M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$14.67M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$14.78M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
- | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.69K | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$23.22M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$22.78M | USD | Point-in-time |
| [TotalStockholdersEquityBeforyEsopAndTreasuryStock] |
TotalStockholdersEquityBeforyEsopAndTreasuryStock
|
$39.01M | USD | Point-in-time |
| [TotalStockholdersEquityBeforyEsopAndTreasuryStock] |
TotalStockholdersEquityBeforyEsopAndTreasuryStock
|
$38.46M | USD | Point-in-time |
| Less: Unearned ESOP shares |
UnearnedESOPShares
|
$2.28M | USD | Point-in-time |
| Less: Unearned ESOP shares |
UnearnedESOPShares
|
$2.28M | USD | Point-in-time |
| Treasury shares |
TreasuryStockValue
|
$7.49M | USD | Point-in-time |
| Treasury shares |
TreasuryStockValue
|
$7.52M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$28.67M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$29.24M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$31.87M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$32.37M | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueGoodsNet
|
$7.99M | USD | 1 Quarter |
| Net sales |
SalesRevenueGoodsNet
|
$6.03M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$4.38M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$5.99M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$2.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.65M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$742.87K | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$692.71K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$1.26M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$957.82K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$16.82K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$10.17K | USD | 1 Quarter |
| Other |
OtherNonoperatingIncome
|
$26.88K | USD | 1 Quarter |
| Other |
OtherNonoperatingIncome
|
$75.05K | USD | 1 Quarter |
| Total other income |
NonoperatingIncomeExpense
|
$91.87K | USD | 1 Quarter |
| Total other income |
NonoperatingIncomeExpense
|
$37.05K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.05M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.30M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$296.16K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$369.09K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$753.54K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$926.90K | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.35 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.43 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.35 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.42 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
2.16M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
2.14M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
2.15M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
2.20M | shares | 1 Quarter |
| Dividends per share: |
CommonStockDividendsPerShareDeclared
|
$0.23 | USD | 1 Quarter |
| Dividends per share: |
CommonStockDividendsPerShareDeclared
|
$0.23 | USD | 1 Quarter |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$753.54K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$926.90K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$-4.49K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$-39.03K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$16.32K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$16.04K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$108.25K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$113.64K | USD | 1 Quarter |
| ESOP compensation expense |
EmployeeStockOwnershipPlanESOPCompensationExpense
|
$127.76K | USD | 1 Quarter |
| ESOP compensation expense |
EmployeeStockOwnershipPlanESOPCompensationExpense
|
$107.03K | USD | 1 Quarter |
| Loss on disposal of assets |
GainLossOnDispositionOfAssets
|
$79.00 | USD | 1 Quarter |
| Loss on disposal of assets |
GainLossOnDispositionOfAssets
|
- | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-26.32K | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$9.45K | USD | 1 Quarter |
| Decrease in trade receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$967.90K | USD | 1 Quarter |
| Decrease in trade receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$1.46M | USD | 1 Quarter |
| Increase in income taxes receivables |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-75.88K | USD | 1 Quarter |
| Increase in income taxes receivables |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-88.99K | USD | 1 Quarter |
| Increase in inventories |
IncreaseDecreaseInInventories
|
$-248.21K | USD | 1 Quarter |
| Increase in inventories |
IncreaseDecreaseInInventories
|
$-284.14K | USD | 1 Quarter |
| Decrease (increase) in prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-49.42K | USD | 1 Quarter |
| Decrease (increase) in prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$60.54K | USD | 1 Quarter |
| Increase (decrease) in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$159.58K | USD | 1 Quarter |
| Increase (decrease) in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-426.34K | USD | 1 Quarter |
| Increase in accrued salaries, wages and commissions |
IncreaseDecreaseInAccruedSalaries
|
$51.83K | USD | 1 Quarter |
| Increase in accrued salaries, wages and commissions |
IncreaseDecreaseInAccruedSalaries
|
$32.04K | USD | 1 Quarter |
| Decrease in vacation accrual |
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
$-37.20K | USD | 1 Quarter |
| Decrease in vacation accrual |
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
$-34.78K | USD | 1 Quarter |
| Decrease in ESOP payable |
DecreaseInEsopPayable
|
$-35.44K | USD | 1 Quarter |
| Decrease in ESOP payable |
DecreaseInEsopPayable
|
$-40.31K | USD | 1 Quarter |
| Decrease in other accrued expenses |
IncreaseDecreaseInOtherAccruedLiabilities
|
$-143.46K | USD | 1 Quarter |
| Decrease in other accrued expenses |
IncreaseDecreaseInOtherAccruedLiabilities
|
$-50.30K | USD | 1 Quarter |
| Increase (decrease) in payroll and other taxes withheld and accrued |
IncreaseDecreaseInPropertyAndOtherTaxesPayable
|
$-4.37K | USD | 1 Quarter |
| Increase (decrease) in payroll and other taxes withheld and accrued |
IncreaseDecreaseInPropertyAndOtherTaxesPayable
|
$2.64K | USD | 1 Quarter |
| Decrease in income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-10.30K | USD | 1 Quarter |
| Decrease in income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-238.72K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.44M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.63M | USD | 1 Quarter |
| Additions to property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$40.37K | USD | 1 Quarter |
| Additions to property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$107.25K | USD | 1 Quarter |
| Proceeds from loan receivable |
ProceedsFromCollectionOfLoansReceivable
|
$4.60K | USD | 1 Quarter |
| Proceeds from loan receivable |
ProceedsFromCollectionOfLoansReceivable
|
$10.12K | USD | 1 Quarter |
| Purchase of investment securities |
PaymentsToAcquireShortTermInvestments
|
$1.61M | USD | 1 Quarter |
| Purchase of investment securities |
PaymentsToAcquireShortTermInvestments
|
$1.78M | USD | 1 Quarter |
| Maturity of investment securities |
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
$4.13M | USD | 1 Quarter |
| Maturity of investment securities |
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
$1.01M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$2.25M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-632.23K | USD | 1 Quarter |
| Sale of treasury stock |
ProceedsFromSaleOfTreasuryStock
|
$12.08K | USD | 1 Quarter |
| Sale of treasury stock |
ProceedsFromSaleOfTreasuryStock
|
$58.97K | USD | 1 Quarter |
| Dividends on common stock |
PaymentsOfDividendsCommonStock
|
$487.30K | USD | 1 Quarter |
| Dividends on common stock |
PaymentsOfDividendsCommonStock
|
$481.80K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$27.34K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$79.66K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$4.49K | USD | 1 Quarter |
| Excess tax benefits from share-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$39.03K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-361.96K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-385.57K | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$640.58K | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.30M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$10.34M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.48M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.78M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.70M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$10.34M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.48M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.78M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.70M | USD | Point-in-time |
| Income taxes paid |
IncomeTaxesPaid
|
$386.00K | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$710.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.