10-Q Filing

IEH CORP CIK: 50292 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0000914317-13-000186`
Period End Date	20121231
Filing Date	20130211
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	iehc-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 52 Cash Flow Statement 52

Balance Sheet 60 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`	$286.11K	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.61M	USD	Point-in-time
Cash	`Cash`	$157.05K	USD	Point-in-time
Cash	`Cash`	$694.38K	USD	Point-in-time
Cash	`Cash`	$418.28K	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.43M	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 December 28, 2012 and March 30, 2012	`AccountsReceivableNetCurrent`	$2.04M	USD	Point-in-time
Accounts receivable, less allowances for doubtful accounts of $11,562 at December 28, 2012 and March 30, 2012	`AccountsReceivableNetCurrent`	$1.76M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories (Note 3)	`InventoryNet`	$4.40M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventories (Note 3)	`InventoryNet`	$4.23M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.30M	shares	Point-in-time
Prepaid expenses and other current assets (Note 4)	`PrepaidExpenseAndOtherAssetsCurrent`	$841.24K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.30M	shares	Point-in-time
Prepaid expenses and other current assets (Note 4)	`PrepaidExpenseAndOtherAssetsCurrent`	$535.71K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.30M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.10M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $7,614,371 at December 28, 2012 and $7,429,871 at March 30, 2012 (Note 5)	`PropertyPlantAndEquipmentNet`	$1.48M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $7,614,371 at December 28, 2012 and $7,429,871 at March 30, 2012 (Note 5)	`PropertyPlantAndEquipmentNet`	$1.45M	USD	Point-in-time
[PropertyPlantAndEquipmentTotal]	`PropertyPlantAndEquipmentTotal`	$1.45M	USD	Point-in-time
[PropertyPlantAndEquipmentTotal]	`PropertyPlantAndEquipmentTotal`	$1.48M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$31.19K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$31.18K	USD	Point-in-time
[AssetsNoncurrent]	`AssetsNoncurrent`	$31.19K	USD	Point-in-time
[AssetsNoncurrent]	`AssetsNoncurrent`	$31.18K	USD	Point-in-time
Total Assets	`Assets`	$8.58M	USD	Point-in-time
Total Assets	`Assets`	$9.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$117.53K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$305.79K	USD	Point-in-time
Accounts receivable financing (Note 6)	`OtherShortTermBorrowings`	$54.94K	USD	Point-in-time
Accounts receivable financing (Note 6)	`OtherShortTermBorrowings`	$154.05K	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`	$388.77K	USD	Point-in-time
Other current liabilities (Note 7)	`OtherLiabilitiesCurrent`	$404.67K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$707.99K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$813.04K	USD	Point-in-time
Workers compensation insurance assessments- net of current portion (Note 8)	`OtherLiabilitiesNoncurrent`	$65.42K	USD	Point-in-time
Workers compensation insurance assessments- net of current portion (Note 8)	`OtherLiabilitiesNoncurrent`	$32.08K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$32.08K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$65.42K	USD	Point-in-time
Total Liabilities	`Liabilities`	$740.06K	USD	Point-in-time
Total Liabilities	`Liabilities`	$878.46K	USD	Point-in-time
Common stock, $.01 par value; 10,000,000 shares authorized; 2,303,468 shares issued and outstanding at December 28, 2012 and March 30, 2012	`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 28, 2012 and March 30, 2012	`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`	$4.93M	USD	Point-in-time
Retained earnings (Note 9)	`RetainedEarningsAccumulatedDeficit`	$5.70M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.70M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.47M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$9.21M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.58M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
REVENUE, net sales	`SalesRevenueNet`	$3.05M	USD	1 Quarter
REVENUE, net sales	`SalesRevenueNet`	$9.97M	USD	3 Qtrs
REVENUE, net sales	`SalesRevenueNet`	$3.26M	USD	1 Quarter
REVENUE, net sales	`SalesRevenueNet`	$9.87M	USD	3 Qtrs
Cost of products sold	`CostOfGoodsSold`	$6.46M	USD	3 Qtrs
Cost of products sold	`CostOfGoodsSold`	$2.18M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$6.68M	USD	3 Qtrs
Cost of products sold	`CostOfGoodsSold`	$1.96M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.70M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$549.35K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$575.29K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.63M	USD	3 Qtrs
Interest expense	`InterestExpense`	$19.46K	USD	3 Qtrs
Interest expense	`InterestExpense`	$5.90K	USD	1 Quarter
Interest expense	`InterestExpense`	$30.79K	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.37K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$184.50K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$59.10K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$112.50K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$37.50K	USD	1 Quarter
[CostsAndExpenses]	`CostsAndExpenses`	$8.58M	USD	3 Qtrs
[CostsAndExpenses]	`CostsAndExpenses`	$2.55M	USD	1 Quarter
[CostsAndExpenses]	`CostsAndExpenses`	$8.23M	USD	3 Qtrs
[CostsAndExpenses]	`CostsAndExpenses`	$2.82M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.38M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$494.43K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$439.94K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.64M	USD	3 Qtrs
OTHER INCOME	`NonoperatingIncomeExpense`	$154.00	USD	1 Quarter
OTHER INCOME	`NonoperatingIncomeExpense`	-	USD	1 Quarter
OTHER INCOME	`NonoperatingIncomeExpense`	-	USD	3 Qtrs
OTHER INCOME	`NonoperatingIncomeExpense`	$393.00	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.64M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$440.09K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$494.43K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.38M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$185.00K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$213.10K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$753.10K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$610.12K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$255.09K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$772.61K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$281.33K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$886.26K	USD	3 Qtrs
BASIC AND DILUTED EARNINGS PER SHARE (Note 2)	`EarningsPerShareBasicAndDiluted`	$0.11	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`	$0.34	USD	3 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2,303.00	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2,303.00	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2,303.00	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2,303.00	shares	3 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$255.09K	USD	1 Quarter
Net income	`NetIncomeLoss`	$772.61K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$281.33K	USD	1 Quarter
Net income	`NetIncomeLoss`	$886.26K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$184.50K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$59.10K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$112.50K	USD	3 Qtrs
Depreciation	`DepreciationNonproduction`	$37.50K	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-435.18K	USD	3 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-287.86K	USD	3 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$169.64K	USD	3 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$604.43K	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`	$305.52K	USD	3 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$12.00	USD	3 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-1.24K	USD	3 Qtrs
(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-195.70K	USD	3 Qtrs
(Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-188.25K	USD	3 Qtrs
(Decrease) in other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$107.10K	USD	3 Qtrs
(Decrease) in other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-15.90K	USD	3 Qtrs
(Decrease) in accrued corporate income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.75K	USD	3 Qtrs
(Decrease) in accrued corporate income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	3 Qtrs
(Decrease) in workers compensation assessment	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-33.35K	USD	3 Qtrs
(Decrease) in workers compensation assessment	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-35.73K	USD	3 Qtrs
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-240.32K	USD	3 Qtrs
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-430.07K	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$456.19K	USD	3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$532.29K	USD	3 Qtrs
Acquisition of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$170.50K	USD	3 Qtrs
Acquisition of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$223.12K	USD	3 Qtrs
NET CASH (USED) BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-223.12K	USD	3 Qtrs
NET CASH (USED) BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-170.50K	USD	3 Qtrs
Increase (decrease) in accounts receivable financed	`IncreaseInAccountsReceivableFinancing`	-	USD	3 Qtrs
Increase (decrease) in accounts receivable financed	`IncreaseInAccountsReceivableFinancing`	$99.11K	USD	3 Qtrs
Increase (decrease) in excess payments to accounts receivable factor	`IncreaseDecreaseInExcessPaymentsToAccountsReceivableFactor`	-	USD	3 Qtrs
Increase (decrease) in excess payments to accounts receivable factor	`IncreaseDecreaseInExcessPaymentsToAccountsReceivableFactor`	$-24.47K	USD	3 Qtrs
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-24.47K	USD	3 Qtrs
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$99.11K	USD	3 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$408.27K	USD	3 Qtrs
INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$261.23K	USD	3 Qtrs
CASH, beginning of period	`Cash`	$286.11K	USD	Point-in-time
CASH, beginning of period	`Cash`	$157.05K	USD	Point-in-time
CASH, beginning of period	`Cash`	$694.38K	USD	Point-in-time
CASH, beginning of period	`Cash`	$418.28K	USD	Point-in-time
CASH, end of period	`Cash`	$286.11K	USD	Point-in-time
CASH, end of period	`Cash`	$157.05K	USD	Point-in-time
CASH, end of period	`Cash`	$694.38K	USD	Point-in-time
CASH, end of period	`Cash`	$418.28K	USD	Point-in-time
Interest	`InterestPaid`	$17.18K	USD	3 Qtrs
Interest	`InterestPaid`	$28.54K	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaidNet`	$1.26M	USD	3 Qtrs
Income Taxes	`IncomeTaxesPaidNet`	$960.00K	USD	3 Qtrs

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