10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001144204-18-023950 |
| Period End Date | 20180331 |
| Filing Date | 20180430 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | mpx-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$25.00K | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$25.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.93M | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$24.81M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.62M | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$24.39M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$7.68M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$6.83M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$3.28M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$2.64M | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $25 in 2018 and $25 in 2017 |
AccountsReceivableNetCurrent
|
$7.81M | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $25 in 2018 and $25 in 2017 |
AccountsReceivableNetCurrent
|
$3.05M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$44.04M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$38.01M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$714.00K | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$1.12M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.31M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.10M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$54.19M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$67.49M | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation of $24,813 in 2018 and $24,395 in 2017 |
PropertyPlantAndEquipmentNet
|
$14.11M | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation of $24,813 in 2018 and $24,395 in 2017 |
PropertyPlantAndEquipmentNet
|
$14.22M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.31M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.31M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$465.00K | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$465.00K | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
$10.39M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
$8.23M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$3.50M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$3.65M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$9.68M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$9.68M | USD | Point-in-time |
| Total assets |
Assets
|
$106.79M | USD | Point-in-time |
| Total assets |
Assets
|
$95.90M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$5.36M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$13.00M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$14.00M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$15.56M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$19.36M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$28.56M | USD | Point-in-time |
| Pension liabilities |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$6.62M | USD | Point-in-time |
| Pension liabilities |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$6.73M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$203.00K | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$263.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$35.44M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$26.30M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$3.46M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$3.46M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
- | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
- | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$68.13M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$69.85M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.98M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.15M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.18M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.95M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$69.60M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$71.36M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$106.79M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$95.90M | USD | Point-in-time |
Income Statement
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$71.04M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$77.54M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$59.88M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$56.13M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$14.91M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$17.65M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$8.01M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$8.62M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$9.03M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$6.90M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$51.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$33.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$6.95M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$9.07M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$1.69M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$1.46M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$7.61M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.26M | USD | 1 Quarter |
| Basic (in dollars per shares) |
EarningsPerShareBasic
|
$0.22 | USD | 1 Quarter |
| Basic (in dollars per shares) |
EarningsPerShareBasic
|
$0.15 | USD | 1 Quarter |
| Diluted (in dollars per shares) |
EarningsPerShareDiluted
|
$0.15 | USD | 1 Quarter |
| Diluted (in dollars per shares) |
EarningsPerShareDiluted
|
$0.22 | USD | 1 Quarter |
| Dividends paid per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.07 | USD | 1 Quarter |
| Dividends paid per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | 1 Quarter |
Cash Flow Statement
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$7.61M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.26M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$359.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$417.00K | USD | 1 Quarter |
| Gain on sale of equipment and property |
GainLossOnSaleOfPropertyPlantEquipment
|
$8.00K | USD | 1 Quarter |
| Amortization of premium related to marketable securities |
AmortizationOfPremiumRelatedToMarketableSecurities
|
$64.00K | USD | 1 Quarter |
| Amortization of premium related to marketable securities |
AmortizationOfPremiumRelatedToMarketableSecurities
|
$87.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$516.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$508.00K | USD | 1 Quarter |
| Deferred income tax provision |
DeferredIncomeTaxExpenseBenefit
|
$276.00K | USD | 1 Quarter |
| Deferred income tax provision |
DeferredIncomeTaxExpenseBenefit
|
$129.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$7.43M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$4.76M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-3.92M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$6.03M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-689.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-784.00K | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$923.00K | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$406.00K | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$2.00K | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$111.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$7.64M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$5.14M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$1.56M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$2.23M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$67.00K | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-27.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$10.05M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$7.51M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$309.00K | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$318.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$8.00K | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$4.26M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$3.58M | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfMarketableSecurities
|
$2.39M | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfMarketableSecurities
|
$4.67M | USD | 1 Quarter |
| Maturities of marketable securities |
ProceedsFromMaturityOfMarketableSecurities
|
$350.00K | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$1.14M | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-2.18M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$3.46M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$2.44M | USD | 1 Quarter |
| Cash paid for common stock purchased and retired |
PaymentsForRepurchaseOfCommonStock
|
$1.22M | USD | 1 Quarter |
| Cash paid for common stock purchased and retired |
PaymentsForRepurchaseOfCommonStock
|
$2.94M | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-6.40M | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-3.66M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$2.25M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$4.21M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.93M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.62M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.68M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.83M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.93M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.62M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.68M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.83M | USD | Point-in-time |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$2.36M | USD | 1 Quarter |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$1.56M | USD | 1 Quarter |
Stockholders Equity
13 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$69.60M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$71.36M | USD | Point-in-time |
| Stock issued for stock incentive plans, net |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$516.00K | USD | 1 Quarter |
| Stock purchased and retired |
StockRepurchasedAndRetiredDuringPeriodValue
|
$2.94M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$7.61M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.26M | USD | 1 Quarter |
| Pension adjustment, net of taxes |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-19.00K | USD | 1 Quarter |
| Pension adjustment, net of taxes |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-15.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of taxes and reclassification adjustment |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$7.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of taxes and reclassification adjustment |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$22.00K | USD | 1 Quarter |
| Dividends paid |
DividendsCommonStockCash
|
$3.46M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$69.60M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$71.36M | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$7.61M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.26M | USD | 1 Quarter |
| Pension adjustment |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-19.00K | USD | 1 Quarter |
| Pension adjustment |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-15.00K | USD | 1 Quarter |
| Unrealized gain on debt securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$7.00K | USD | 1 Quarter |
| Unrealized gain on debt securities, net of reclassification adjustments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$22.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$7.63M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$5.30M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.