10-K Filing

ALLIENT INC CIK: 46129 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001047469-12-002529`
Period End Date	20111231
Filing Date	20120313
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	amot-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 40 Cash Flow Statement 55 Stockholders Equity 10

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$284.00K	USD	Point-in-time
Trade receivables, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$226.00K	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.11M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.47M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.11M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.47M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.55M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $284 and $226 at December 31, 2011 and 2010, respectively	`AccountsReceivableNetCurrent`	$11.75M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $284 and $226 at December 31, 2011 and 2010, respectively	`AccountsReceivableNetCurrent`	$11.69M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$11.79M	USD	Point-in-time
Inventories, net	`InventoryNet`	$14.43M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$402.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$1.25M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.42M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.88M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$28.91M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$38.41M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.35M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.92M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$4.33M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$5.53M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.94M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.70M	USD	Point-in-time
Goodwill	`Goodwill`	$5.94M	USD	Point-in-time
Goodwill	`Goodwill`	$5.67M	USD	Point-in-time
Total Assets	`Assets`	$51.01M	USD	Point-in-time
Total Assets	`Assets`	$58.69M	USD	Point-in-time
Debt obligations	`DebtCurrent`	$157.00K	USD	Point-in-time
Debt obligations	`DebtCurrent`	$795.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.51M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.60M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.80M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.65M	USD	Point-in-time
Contingent consideration	`OtherLiabilitiesCurrent`	$1.31M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.27M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$562.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$14.51M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$16.14M	USD	Point-in-time
Contingent consideration	`OtherLiabilitiesNoncurrent`	$2.39M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.07M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$973.00K	USD	Point-in-time
Deferred compensation arrangements	`DeferredCompensationLiabilityClassifiedNoncurrent`	$642.00K	USD	Point-in-time
Deferred compensation arrangements	`DeferredCompensationLiabilityClassifiedNoncurrent`	$1.74M	USD	Point-in-time
Pension and post-retirement obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.45M	USD	Point-in-time
Pension and post-retirement obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$3.52M	USD	Point-in-time
Total Liabilities	`Liabilities`	$22.36M	USD	Point-in-time
Total Liabilities	`Liabilities`	$21.06M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, no par value, authorized 50,000 shares; 8,466 and 8,110 shares issued and outstanding at December 31, 2011 and 2010, respectively	`CommonStockValue`	$21.57M	USD	Point-in-time
Common stock, no par value, authorized 50,000 shares; 8,466 and 8,110 shares issued and outstanding at December 31, 2011 and 2010, respectively	`CommonStockValue`	$20.47M	USD	Point-in-time
Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.34M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.22M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$129.00K	USD	Point-in-time
Total Stockholders' Investment	`StockholdersEquity`	$29.94M	USD	Point-in-time
Total Stockholders' Investment	`StockholdersEquity`	$36.32M	USD	Point-in-time
Total Liabilities and Stockholders' Investment	`LiabilitiesAndStockholdersEquity`	$51.01M	USD	Point-in-time
Total Liabilities and Stockholders' Investment	`LiabilitiesAndStockholdersEquity`	$58.69M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$80.59M	USD	Annual
Revenues	`SalesRevenueGoodsNet`	$110.94M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$57.90M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$77.41M	USD	Annual
Gross margin	`GrossProfit`	$22.69M	USD	Annual
Gross margin	`GrossProfit`	$33.53M	USD	Annual
Selling	`SellingAndMarketingExpense`	$5.63M	USD	Annual
Selling	`SellingAndMarketingExpense`	$3.87M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$9.94M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$12.64M	USD	Annual
Engineering and development	`EngineeringAndDevelopmentExpense`	$4.04M	USD	Annual
Engineering and development	`EngineeringAndDevelopmentExpense`	$5.98M	USD	Annual
Adjustment to contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability`	$1.10M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$732.00K	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$551.00K	USD	Annual
Insurance recoveries	`InsuranceRecoveries`	$685.00K	USD	Annual
Total operating costs and expenses	`OperatingExpenses`	$23.88M	USD	Annual
Total operating costs and expenses	`OperatingExpenses`	$17.72M	USD	Annual
Operating income	`OperatingIncomeLoss`	$4.97M	USD	Annual
Operating income	`OperatingIncomeLoss`	$9.65M	USD	Annual
Interest expense	`InterestExpense`	$84.00K	USD	Annual
Interest expense	`InterestExpense`	$3.00K	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$197.00K	USD	Annual
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-49.00K	USD	Annual
Total other expense (income), net	`NonoperatingIncomeExpense`	$-133.00K	USD	Annual
Total other expense (income), net	`NonoperatingIncomeExpense`	$194.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.17M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.52M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.55M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.58M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.97M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.58M	USD	Annual
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	Annual
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.83	USD	Annual
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.44M	shares	Annual
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.89M	shares	Annual
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	Annual
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.81	USD	Annual
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.04M	shares	Annual
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.57M	shares	Annual

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.97M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.58M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.81M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.17M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$342.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$278.00K	USD	Annual
Provision for excess and obsolete inventory	`InventoryWriteDown`	$201.00K	USD	Annual
Provision for excess and obsolete inventory	`InventoryWriteDown`	$77.00K	USD	Annual
Restricted Stock Compensation	`RestrictedStockExpense`	$703.00K	USD	Annual
Restricted Stock Compensation	`RestrictedStockExpense`	$800.00K	USD	Annual
Adjustment to contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability`	$1.10M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$215.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-12.00K	USD	Annual
(Increase) decrease in trade receivables	`IncreaseDecreaseInAccountsReceivable`	$96.00K	USD	Annual
(Increase) decrease in trade receivables	`IncreaseDecreaseInAccountsReceivable`	$2.00M	USD	Annual
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$2.76M	USD	Annual
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$2.07M	USD	Annual
(Increase) decrease in prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.00K	USD	Annual
(Increase) decrease in prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$477.00K	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.69M	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$176.00K	USD	Annual
Increase (decrease) in accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilities`	$2.37M	USD	Annual
Increase (decrease) in accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilities`	$2.17M	USD	Annual
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$656.00K	USD	Annual
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$767.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$7.17M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$8.88M	USD	Annual
Consideration paid for acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$332.00K	USD	Annual
Consideration paid for acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.10M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.85M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.21M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.18M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-8.32M	USD	Annual
Borrowings (repayments) on lines-of-credit, net	`ProceedsFromRepaymentsOfDebt`	$-667.00K	USD	Annual
Borrowings (repayments) on lines-of-credit, net	`ProceedsFromRepaymentsOfDebt`	$197.00K	USD	Annual
Dividends paid	`PaymentsOfDividends`	$333.00K	USD	Annual
Stock transactions under employee benefit stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$162.00K	USD	Annual
Stock transactions under employee benefit stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$316.00K	USD	Annual
Net cash (used) provided from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-838.00K	USD	Annual
Net cash (used) provided from financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$513.00K	USD	Annual
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-281.00K	USD	Annual
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-260.00K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-917.00K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$5.60M	USD	Annual
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.47M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.15M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.47M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.15M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.55M	USD	Point-in-time
Interest	`InterestPaid`	$4.00K	USD	Annual
Interest	`InterestPaid`	$20.00K	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$610.00K	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$918.00K	USD	Annual
Stock issued and consideration payable from acquisitions	`StockIssuedAndConsiderationPayableFromAcquisitions`	$3.59M	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquity`	$29.94M	USD	Point-in-time
Balances	`StockholdersEquity`	$36.32M	USD	Point-in-time
Balances (in shares)	`CommonStockSharesIssued`	8.11M	shares	Point-in-time
Balances (in shares)	`CommonStockSharesIssued`	8.47M	shares	Point-in-time
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.97M	USD	Annual
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.58M	USD	Annual
Balances	`StockholdersEquity`	$29.94M	USD	Point-in-time
Balances	`StockholdersEquity`	$36.32M	USD	Point-in-time
Balances (in shares)	`CommonStockSharesIssued`	8.11M	shares	Point-in-time
Balances (in shares)	`CommonStockSharesIssued`	8.47M	shares	Point-in-time

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