10-Q Filing

IEH CORP CIK: 50292 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0000914317-12-000084`
Period End Date	20111231
Filing Date	20120201
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	iehc-20111225.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 52 Cash Flow Statement 52

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.56K	USD	Point-in-time
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.56K	USD	Point-in-time
Cash	`Cash`	$157.05K	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.24M	USD	Point-in-time
Cash	`Cash`	$418.28K	USD	Point-in-time
Cash	`Cash`	$320.01K	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.36M	USD	Point-in-time
Cash	`Cash`	$360.65K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, less allowances for doubtful accounts of $11,562 at December 23, 2011 and March 25, 2011	`AccountsReceivableNetCurrent`	$1.99M	USD	Point-in-time
Accounts receivable, less allowances for doubtful accounts of $11,562 at December 23, 2011 and March 25, 2011	`AccountsReceivableNetCurrent`	$1.55M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventories (Note 3)	`InventoryNet`	$4.32M	USD	Point-in-time
Inventories (Note 3)	`InventoryNet`	$3.71M	USD	Point-in-time
Excess payments to accounts receivable factor (Note 6)	`NotesAndLoansReceivableNetCurrent`	$78.90K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.30M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.30M	shares	Point-in-time
Excess payments to accounts receivable factor (Note 6)	`NotesAndLoansReceivableNetCurrent`	$103.37K	USD	Point-in-time
Prepaid expenses and other current assets (Note 4)	`PrepaidExpenseAndOtherAssetsCurrent`	$493.56K	USD	Point-in-time
Prepaid expenses and other current assets (Note 4)	`PrepaidExpenseAndOtherAssetsCurrent`	$247.09K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.88M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.18M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $7,357,128 at December 23, 2011 and $7,244,628 at March 25, 2011 (Note 5)	`PropertyPlantAndEquipmentNet`	$1.33M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $7,357,128 at December 23, 2011 and $7,244,628 at March 25, 2011 (Note 5)	`PropertyPlantAndEquipmentNet`	$1.27M	USD	Point-in-time
[PropertyPlantAndEquipmentTotal]	`PropertyPlantAndEquipmentTotal`	$1.27M	USD	Point-in-time
[PropertyPlantAndEquipmentTotal]	`PropertyPlantAndEquipmentTotal`	$1.33M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$27.89K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$26.64K	USD	Point-in-time
[AssetsNoncurrent]	`AssetsNoncurrent`	$27.89K	USD	Point-in-time
[AssetsNoncurrent]	`AssetsNoncurrent`	$26.64K	USD	Point-in-time
Total Assets	`Assets`	$7.48M	USD	Point-in-time
Total Assets	`Assets`	$8.24M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$160.53K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$356.23K	USD	Point-in-time
Accrued corporate income taxes	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Accrued corporate income taxes	`AccruedIncomeTaxesCurrent`	$3.75K	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`	$364.46K	USD	Point-in-time
Other current liabilities (Note 7)	`OtherLiabilitiesCurrent`	$471.56K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$679.73K	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`	$77.33K	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`	$77.33K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$113.06K	USD	Point-in-time
Total Liabilities	`Liabilities`	$757.06K	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 December 23, 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 December 23, 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`	$4.71M	USD	Point-in-time
Retained earnings (Note 9)	`RetainedEarningsAccumulatedDeficit`	$3.83M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$6.59M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$7.48M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$7.48M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.24M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
REVENUE, net sales	`SalesRevenueNet`	$3.57M	USD	1 Quarter
REVENUE, net sales	`SalesRevenueNet`	$3.05M	USD	1 Quarter
REVENUE, net sales	`SalesRevenueNet`	$9.87M	USD	3 Qtrs
REVENUE, net sales	`SalesRevenueNet`	$10.24M	USD	3 Qtrs
Cost of products sold	`CostOfGoodsSold`	$2.24M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$1.96M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$6.52M	USD	3 Qtrs
Cost of products sold	`CostOfGoodsSold`	$6.46M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$519.21K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.50M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.63M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$549.35K	USD	1 Quarter
Interest expense	`InterestExpense`	$31.01K	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.78K	USD	1 Quarter
Interest expense	`InterestExpense`	$30.79K	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.37K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$37.50K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$112.50K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$37.50K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$112.50K	USD	3 Qtrs
[CostsAndExpenses]	`CostsAndExpenses`	$8.15M	USD	3 Qtrs
[CostsAndExpenses]	`CostsAndExpenses`	$2.81M	USD	1 Quarter
[CostsAndExpenses]	`CostsAndExpenses`	$2.55M	USD	1 Quarter
[CostsAndExpenses]	`CostsAndExpenses`	$8.23M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$494.43K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$2.08M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$757.75K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.64M	USD	3 Qtrs
OTHER INCOME	`NonoperatingIncomeExpense`	$461.00	USD	3 Qtrs
OTHER INCOME	`NonoperatingIncomeExpense`	$149.00	USD	1 Quarter
OTHER INCOME	`NonoperatingIncomeExpense`	-	USD	3 Qtrs
OTHER INCOME	`NonoperatingIncomeExpense`	-	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.08M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$494.43K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.64M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$757.90K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$753.10K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$360.00K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.08M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$213.10K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$397.90K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$886.26K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$1.00M	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$281.33K	USD	1 Quarter
BASIC AND DILUTED EARNINGS PER SHARE (Note 2)	`EarningsPerShareBasicAndDiluted`	$0.38	USD	3 Qtrs
BASIC AND DILUTED EARNINGS PER SHARE (Note 2)	`EarningsPerShareBasicAndDiluted`	$0.12	USD	1 Quarter
BASIC AND DILUTED EARNINGS PER SHARE (Note 2)	`EarningsPerShareBasicAndDiluted`	$0.44	USD	3 Qtrs
BASIC AND DILUTED EARNINGS PER SHARE (Note 2)	`EarningsPerShareBasicAndDiluted`	$0.17	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (in thousands)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2,303.00	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (in thousands)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2,303.00	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (in thousands)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2,303.00	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (in thousands)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2,303.00	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$397.90K	USD	1 Quarter
Net income	`NetIncomeLoss`	$886.26K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$281.33K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$37.50K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$112.50K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$37.50K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$112.50K	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$435.18K	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-390.95K	USD	3 Qtrs
(Increase) in inventories	`IncreaseDecreaseInInventories`	$-970.50K	USD	3 Qtrs
(Increase) in inventories	`IncreaseDecreaseInInventories`	$-604.43K	USD	3 Qtrs
(Increase) decrease in excess payments to accounts receivable factor	`IncreaseDecreaseInExcessPaymentsToAccountsReceivableFactor`	$-24.47K	USD	3 Qtrs
(Increase) decrease in excess payments to accounts receivable factor	`IncreaseDecreaseInExcessPaymentsToAccountsReceivableFactor`	$224.04K	USD	3 Qtrs
(Increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$246.48K	USD	3 Qtrs
(Increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.01M	USD	3 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-3.09K	USD	3 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.24K	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.11K	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-195.70K	USD	3 Qtrs
(Decrease) in other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$101.40K	USD	3 Qtrs
(Decrease) in other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$107.10K	USD	3 Qtrs
Increase (decrease) in accrued corporate income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.08M	USD	3 Qtrs
Increase (decrease) in accrued corporate income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.75K	USD	3 Qtrs
(Decrease) in workers compensation assessment	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-35.73K	USD	3 Qtrs
(Decrease) in workers compensation assessment	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-37.07K	USD	3 Qtrs
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-901.04K	USD	3 Qtrs
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-454.53K	USD	3 Qtrs
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$431.72K	USD	3 Qtrs
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$101.99K	USD	3 Qtrs
Acquisition of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$170.50K	USD	3 Qtrs
Acquisition of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$183.73K	USD	3 Qtrs
NET CASH (USED) BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-183.73K	USD	3 Qtrs
NET CASH (USED) BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-170.50K	USD	3 Qtrs
Increase in accounts receivable financing	`IncreaseInAccountsReceivableFinancing`	-	USD	3 Qtrs
Increase in accounts receivable financing	`IncreaseInAccountsReceivableFinancing`	$122.38K	USD	3 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$122.38K	USD	3 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$40.64K	USD	3 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$261.23K	USD	3 Qtrs
CASH, beginning of period	`Cash`	$157.05K	USD	Point-in-time
CASH, beginning of period	`Cash`	$418.28K	USD	Point-in-time
CASH, beginning of period	`Cash`	$320.01K	USD	Point-in-time
CASH, beginning of period	`Cash`	$360.65K	USD	Point-in-time
CASH, end of period	`Cash`	$157.05K	USD	Point-in-time
CASH, end of period	`Cash`	$418.28K	USD	Point-in-time
CASH, end of period	`Cash`	$320.01K	USD	Point-in-time
CASH, end of period	`Cash`	$360.65K	USD	Point-in-time
Interest	`InterestPaid`	$24.88K	USD	3 Qtrs
Interest	`InterestPaid`	$28.54K	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaidNet`	$1.03M	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaidNet`	$1.26M	USD	3 Qtrs

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