10-Q Filing

ALLIENT INC CIK: 46129 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-041394`
Period End Date	20130331
Filing Date	20130514
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	amot-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 42 Cash Flow Statement 41

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$177.00K	USD	Point-in-time
Trade receivables, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$189.00K	USD	Point-in-time
Common stock, no par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, no par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.42M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.58M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.85M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	8.63M	shares	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $189 and $177 at March 31, 2013 and December 31, 2012, respectively	`AccountsReceivableNetCurrent`	$10.81M	USD	Point-in-time
Trade receivables, net of allowance for doubtful accounts of $189 and $177 at March 31, 2013 and December 31, 2012, respectively	`AccountsReceivableNetCurrent`	$12.70M	USD	Point-in-time
Inventories, net	`InventoryNet`	$14.70M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.85M	shares	Point-in-time
Inventories, net	`InventoryNet`	$13.94M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	8.63M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$639.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$643.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.15M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.99M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$37.69M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$38.03M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.63M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.55M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$4.05M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$4.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.43M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.28M	USD	Point-in-time
Other long-term assets, net	`OtherAssetsNoncurrent`	$2.34M	USD	Point-in-time
Other long-term assets, net	`OtherAssetsNoncurrent`	$1.99M	USD	Point-in-time
Goodwill	`Goodwill`	$5.61M	USD	Point-in-time
Goodwill	`Goodwill`	$5.78M	USD	Point-in-time
Total Assets	`Assets`	$60.51M	USD	Point-in-time
Total Assets	`Assets`	$60.97M	USD	Point-in-time
Debt obligations	`DebtCurrent`	$399.00K	USD	Point-in-time
Debt obligations	`DebtCurrent`	$397.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.75M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.58M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$4.45M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$5.93M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$12.07M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.42M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$894.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$935.00K	USD	Point-in-time
Deferred compensation arrangements	`DeferredCompensationLiabilityClassifiedNoncurrent`	$2.00M	USD	Point-in-time
Deferred compensation arrangements	`DeferredCompensationLiabilityClassifiedNoncurrent`	$2.37M	USD	Point-in-time
Pension and post-retirement obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$3.81M	USD	Point-in-time
Pension and post-retirement obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$3.75M	USD	Point-in-time
Total Liabilities	`Liabilities`	$18.82M	USD	Point-in-time
Total Liabilities	`Liabilities`	$17.43M	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; 8,849 and 8,631 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$23.19M	USD	Point-in-time
Common stock, no par value, authorized 50,000 shares; 8,849 and 8,631 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$22.55M	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`	$21.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.53M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.38M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-923.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$42.15M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$43.08M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$60.51M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$60.97M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$26.85M	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$25.14M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$17.62M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$19.21M	USD	1 Quarter
Gross margin	`GrossProfit`	$7.64M	USD	1 Quarter
Gross margin	`GrossProfit`	$7.52M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$1.29M	USD	1 Quarter
Selling	`SellingAndMarketingExpense`	$1.36M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.95M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.99M	USD	1 Quarter
Engineering and development	`EngineeringAndDevelopmentExpense`	$1.75M	USD	1 Quarter
Engineering and development	`EngineeringAndDevelopmentExpense`	$1.55M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$84.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$174.00K	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$6.04M	USD	1 Quarter
Total operating costs and expenses	`OperatingExpenses`	$6.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.41M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$17.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$14.00K	USD	1 Quarter
Total other (income) expense, net	`NonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Total other (income) expense, net	`NonoperatingIncomeExpense`	$10.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.61M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$450.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$452.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$960.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.16M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$515.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-460.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.67M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$500.00K	USD	1 Quarter
Earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.56M	shares	1 Quarter
Basic weighted average common shares (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.73M	shares	1 Quarter
Earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.56M	shares	1 Quarter
Diluted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.73M	shares	1 Quarter

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$960.00K	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.16M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$413.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$489.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-325.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-305.00K	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$717.00K	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$2.04M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-608.00K	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$42.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.15M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$357.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-93.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-395.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-924.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.64M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-2.97M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.13M	USD	1 Quarter
Consideration paid for acquisition	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.35M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$298.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$586.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.94M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-298.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$210.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$216.00K	USD	1 Quarter
Stock transactions under employee benefit stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$403.00K	USD	1 Quarter
Stock transactions under employee benefit stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$439.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$223.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$193.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-72.00K	USD	1 Quarter
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$113.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-1.31M	USD	1 Quarter
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-4.57M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.73M	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`	$8.42M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.58M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.73M	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`	$8.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.58M	USD	Point-in-time

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