10-Q Filing

ALLIENT INC CIK: 46129 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001104659-11-046263`
Period End Date	20110630
Filing Date	20110812
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	amot-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 76 Cash Flow Statement 44

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$226.00K	USD	Point-in-time
Trade receivables, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$282.00K	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`	8.46M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.11M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.46M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.11M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.86M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.33M	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`	$3.55M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $282 and $226 at June 30, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$13.52M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $282 and $226 at June 30, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$11.75M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$11.79M	USD	Point-in-time
Inventories, net	`InventoryNet`	$13.31M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$446.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$402.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.17M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.42M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$33.31M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$28.91M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.92M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.34M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$5.53M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$5.23M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.70M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.62M	USD	Point-in-time
Goodwill	`Goodwill`	$5.94M	USD	Point-in-time
Goodwill	`Goodwill`	$6.45M	USD	Point-in-time
Total Assets	`Assets`	$55.95M	USD	Point-in-time
Total Assets	`Assets`	$51.01M	USD	Point-in-time
Debt obligations	`DebtCurrent`	$288.00K	USD	Point-in-time
Debt obligations	`DebtCurrent`	$795.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.51M	USD	Point-in-time
Contingent consideration	`BusinessAcquisitionContingentConsiderationAtFairValueCurrent`	$314.00K	USD	Point-in-time
Contingent consideration	`BusinessAcquisitionContingentConsiderationAtFairValueCurrent`	$2.63M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.62M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.98M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.35M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$562.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$15.15M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$18.43M	USD	Point-in-time
Contingent consideration	`BusinessAcquisitionContingentConsiderationAtFairValueNoncurrent`	$2.39M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.08M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.07M	USD	Point-in-time
Pension and post-retirement obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.42M	USD	Point-in-time
Pension and post-retirement obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.45M	USD	Point-in-time
Total Liabilities	`Liabilities`	$21.93M	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; 8,460 and 8,110 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$20.97M	USD	Point-in-time
Common stock, no par value, authorized 50,000 shares; 8,460 and 8,110 shares issued and outstanding at June 30, 2011 and December 31, 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`	$12.04M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.34M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$129.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.01M	USD	Point-in-time
Total Stockholders' Investment	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$29.94M	USD	Point-in-time
Total Stockholders' Investment	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$34.02M	USD	Point-in-time
Total Liabilities and Stockholders' Investment	`LiabilitiesAndStockholdersEquity`	$55.95M	USD	Point-in-time
Total Liabilities and Stockholders' Investment	`LiabilitiesAndStockholdersEquity`	$51.01M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$55.59M	USD	2 Qtrs
Revenues	`SalesRevenueGoodsNet`	$28.86M	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$37.42M	USD	2 Qtrs
Revenues	`SalesRevenueGoodsNet`	$20.00M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$14.45M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$27.47M	USD	2 Qtrs
Cost of products sold	`CostOfGoodsSold`	$20.06M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$38.84M	USD	2 Qtrs
Gross margin	`GrossProfit`	$5.55M	USD	1 Quarter
Gross margin	`GrossProfit`	$8.80M	USD	1 Quarter
Gross margin	`GrossProfit`	$9.95M	USD	2 Qtrs
Gross margin	`GrossProfit`	$16.75M	USD	2 Qtrs
Selling	`SellingAndMarketingExpense`	$2.95M	USD	2 Qtrs
Selling	`SellingAndMarketingExpense`	$1.95M	USD	2 Qtrs
Selling	`SellingAndMarketingExpense`	$1.49M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$1.01M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.42M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.36M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.36M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.39M	USD	1 Quarter
Engineering and development	`EngineeringAndDevelopmentExpense`	$1.94M	USD	2 Qtrs
Engineering and development	`EngineeringAndDevelopmentExpense`	$1.55M	USD	1 Quarter
Engineering and development	`EngineeringAndDevelopmentExpense`	$927.00K	USD	1 Quarter
Engineering and development	`EngineeringAndDevelopmentExpense`	$3.08M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$160.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$325.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$367.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$187.00K	USD	1 Quarter
Insurance recoveries	`InsuranceRecoveries`	$685.00K	USD	2 Qtrs
Total operating costs and expenses	`OperatingExpenses`	$7.95M	USD	2 Qtrs
Total operating costs and expenses	`OperatingExpenses`	$12.76M	USD	2 Qtrs
Total operating costs and expenses	`OperatingExpenses`	$4.46M	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$6.62M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.09M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.99M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$2.18M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$47.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$23.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.00K	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$138.00K	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$22.00K	USD	2 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-15.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$21.00K	USD	1 Quarter
Total other expense (income), net	`NonoperatingIncomeExpense`	$-2.00K	USD	1 Quarter
Total other expense (income), net	`NonoperatingIncomeExpense`	$-15.00K	USD	1 Quarter
Total other expense (income), net	`NonoperatingIncomeExpense`	$135.00K	USD	2 Qtrs
Total other expense (income), net	`NonoperatingIncomeExpense`	$-25.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.13M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.18M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.96M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.07M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.27M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$697.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$332.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$662.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$739.00K	USD	1 Quarter
Net income	`ProfitLoss`	$1.47M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.48M	USD	1 Quarter
Net income	`ProfitLoss`	$2.69M	USD	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	2 Qtrs
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.37M	shares	2 Qtrs
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.86M	shares	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.48M	shares	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.81M	shares	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	2 Qtrs
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.54M	shares	2 Qtrs
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.82M	shares	2 Qtrs
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.87M	shares	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.52M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$739.00K	USD	1 Quarter
Net income	`ProfitLoss`	$1.47M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.48M	USD	1 Quarter
Net income	`ProfitLoss`	$2.69M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.09M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$968.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-520.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-183.00K	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$1.44M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$2.74M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$1.11M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$866.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-16.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$720.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$774.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.04M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$720.00K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$166.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.79M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.98M	USD	2 Qtrs
Cash paid for acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$76.00K	USD	2 Qtrs
Contingent consideration paid for acquisition	`OtherPaymentsToAcquireBusinesses`	$332.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$993.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$602.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-678.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.32M	USD	2 Qtrs
Repayments on lines-of-credit, net	`ProceedsFromRepaymentsOfDebt`	$-561.00K	USD	2 Qtrs
Repayments on lines-of-credit, net	`ProceedsFromRepaymentsOfDebt`	$-600.00K	USD	2 Qtrs
Stock transactions under employee benefit stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$131.00K	USD	2 Qtrs
Stock transactions under employee benefit stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$80.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-430.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-520.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-737.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$84.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$857.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$307.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.86M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.33M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.47M	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`	$3.86M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.33M	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`	$3.55M	USD	Point-in-time

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