10-Q Filing

ALLIENT INC CIK: 46129 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-036980`
Period End Date	20120331
Filing Date	20120514
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	amot-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 42 Cash Flow Statement 41

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$197.00K	USD	Point-in-time
Trade receivables, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$284.00K	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`	8.65M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.47M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.65M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.58M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.32M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $197 and $284 at March 31, 2012 and December 31, 2011, respectively	`AccountsReceivableNetCurrent`	$11.69M	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
Trade receivables, net of allowance for doubtful accounts of $197 and $284 at March 31, 2012 and December 31, 2011, respectively	`AccountsReceivableNetCurrent`	$12.54M	USD	Point-in-time
Inventories, net	`InventoryNet`	$14.43M	USD	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`	$14.65M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$1.10M	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
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$1.25M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.05M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.88M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$35.92M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$38.41M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.63M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.35M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$4.32M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$4.33M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.84M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$5.67M	USD	Point-in-time
Goodwill	`Goodwill`	$5.83M	USD	Point-in-time
Total Assets	`Assets`	$58.69M	USD	Point-in-time
Total Assets	`Assets`	$56.55M	USD	Point-in-time
Debt obligations	`DebtCurrent`	$158.00K	USD	Point-in-time
Debt obligations	`DebtCurrent`	$157.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.30M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$4.83M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$6.80M	USD	Point-in-time
Contingent consideration	`OtherLiabilitiesCurrent`	$1.31M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$481.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.27M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$11.77M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$16.14M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$973.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$970.00K	USD	Point-in-time
Deferred compensation arrangements	`DeferredCompensationLiabilityClassifiedNoncurrent`	$1.74M	USD	Point-in-time
Deferred compensation arrangements	`DeferredCompensationLiabilityClassifiedNoncurrent`	$1.92M	USD	Point-in-time
Pension and post-retirement obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$3.53M	USD	Point-in-time
Pension and post-retirement obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$3.52M	USD	Point-in-time
Total Liabilities	`Liabilities`	$18.19M	USD	Point-in-time
Total Liabilities	`Liabilities`	$22.36M	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; 8,649 and 8,466 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$21.57M	USD	Point-in-time
Common stock, no par value, authorized 50,000 shares; 8,649 and 8,466 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$22.15M	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`	$16.91M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.97M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-701.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.22M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$36.32M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$38.36M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$56.55M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$58.69M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$26.72M	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$26.85M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$18.77M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$19.21M	USD	1 Quarter
Gross margin	`GrossProfit`	$7.95M	USD	1 Quarter
Gross margin	`GrossProfit`	$7.64M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$1.46M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$1.36M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.95M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.97M	USD	1 Quarter
Engineering and development	`EngineeringAndDevelopmentExpense`	$1.55M	USD	1 Quarter
Engineering and development	`EngineeringAndDevelopmentExpense`	$1.53M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$174.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$180.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.14M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.04M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.81M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$24.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$17.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$10.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-23.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.61M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.78M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$571.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$450.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.21M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.16M	USD	1 Quarter
Earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.28M	shares	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.56M	shares	1 Quarter
Earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.56M	shares	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.49M	shares	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$728.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$515.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.67M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.94M	USD	1 Quarter

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.21M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.16M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$542.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$489.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-218.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-325.00K	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$717.00K	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$1.45M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$42.00K	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$995.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$404.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.15M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-395.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$988.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.64M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-768.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-653.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.97M	USD	1 Quarter
Consideration paid for acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$332.00K	USD	1 Quarter
Consideration paid for acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.35M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$586.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$428.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.94M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-760.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$216.00K	USD	1 Quarter
Stock transactions under employee benefit stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$439.00K	USD	1 Quarter
Stock transactions under employee benefit stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$95.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$95.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$223.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$113.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$82.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-4.57M	USD	1 Quarter
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-1.24M	USD	1 Quarter
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 beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.58M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.32M	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
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.58M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.32M	USD	Point-in-time

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