10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001174947-18-001090 |
| Period End Date | 20180630 |
| Filing Date | 20180813 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | iehc-20180629.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowances for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$11.56K | USD | Point-in-time |
| Allowances for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
- | USD | Point-in-time |
| Accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$9.52M | USD | Point-in-time |
| Accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$9.38M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash |
Cash
|
$2.32M | USD | Point-in-time |
| Cash |
Cash
|
$1.21M | USD | Point-in-time |
| Cash |
Cash
|
$1.03M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash |
Cash
|
$1.41M | USD | Point-in-time |
| Accounts receivable, less allowances for doubtful accounts of $0 at June 29, 2018 and $11,562 at March 30, 2018 (Note 13) |
AccountsReceivableNetCurrent
|
$5.87M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Accounts receivable, less allowances for doubtful accounts of $0 at June 29, 2018 and $11,562 at March 30, 2018 (Note 13) |
AccountsReceivableNetCurrent
|
$4.43M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
2.32M | shares | Point-in-time |
| Inventories (Note 3) |
InventoryNet
|
$11.46M | USD | Point-in-time |
| Inventories (Note 3) |
InventoryNet
|
$10.75M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
2.30M | shares | Point-in-time |
| Excess payments to accounts receivable factor (Note 6) |
AccountsReceivableFromSecuritization
|
$1.59M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
2.32M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
2.30M | shares | Point-in-time |
| Excess payments to accounts receivable factor (Note 6) |
AccountsReceivableFromSecuritization
|
$154.96K | USD | Point-in-time |
| Prepaid expenses and other current assets (Note 4) |
PrepaidExpenseAndOtherAssetsCurrent
|
$489.59K | USD | Point-in-time |
| Prepaid expenses and other current assets (Note 4) |
PrepaidExpenseAndOtherAssetsCurrent
|
$670.51K | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$17.23M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$21.92M | USD | Point-in-time |
| PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $9,518,960 at June 29, 2018 and $9,377,361 at March 30, 2018 (Note 5) |
PropertyPlantAndEquipmentNet
|
$2.07M | USD | Point-in-time |
| PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $9,518,960 at June 29, 2018 and $9,377,361 at March 30, 2018 (Note 5) |
PropertyPlantAndEquipmentNet
|
$1.98M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$54.49K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$54.49K | USD | Point-in-time |
| Total Assets |
Assets
|
$19.35M | USD | Point-in-time |
| Total Assets |
Assets
|
$23.95M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.17M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$576.63K | USD | Point-in-time |
| Accrued corporate income taxes |
AccruedIncomeTaxesCurrent
|
$935.76K | USD | Point-in-time |
| Accrued corporate income taxes |
AccruedIncomeTaxesCurrent
|
$2.48M | USD | Point-in-time |
| Other current liabilities (Note 7) |
OtherLiabilitiesCurrent
|
$768.37K | USD | Point-in-time |
| Other current liabilities (Note 7) |
OtherLiabilitiesCurrent
|
$974.30K | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$4.62M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$2.28M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$4.62M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$2.28M | USD | Point-in-time |
| Common stock, $.01 par value; 10,000,000 shares authorized; 2,323,468 shares issued and outstanding at June 29, 2018 and 2,303,468 issued and outstanding at March 30, 2018 |
CommonStockValue
|
$23.23K | USD | Point-in-time |
| Common stock, $.01 par value; 10,000,000 shares authorized; 2,323,468 shares issued and outstanding at June 29, 2018 and 2,303,468 issued and outstanding at March 30, 2018 |
CommonStockValue
|
$23.04K | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$3.77M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$3.77M | USD | Point-in-time |
| Retained earnings (Note 9) |
RetainedEarningsAccumulatedDeficit
|
$13.28M | USD | Point-in-time |
| Retained earnings (Note 9) |
RetainedEarningsAccumulatedDeficit
|
$15.54M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$17.07M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$19.33M | USD | Point-in-time |
| Total Liabilities and Shareholders' Equity |
LiabilitiesAndStockholdersEquity
|
$19.35M | USD | Point-in-time |
| Total Liabilities and Shareholders' Equity |
LiabilitiesAndStockholdersEquity
|
$23.95M | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| REVENUE, net sales |
Revenues
|
$9.04M | USD | 1 Quarter |
| REVENUE, net sales |
Revenues
|
$4.99M | USD | 1 Quarter |
| Cost of products sold |
CostOfRevenue
|
$3.36M | USD | 1 Quarter |
| Cost of products sold |
CostOfRevenue
|
$4.76M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$861.69K | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$939.01K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$8.54K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$10.25K | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$141.60K | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$107.30K | USD | 1 Quarter |
| Total Costs and Expenses |
CostsAndExpenses
|
$4.41M | USD | 1 Quarter |
| Total Costs and Expenses |
CostsAndExpenses
|
$5.77M | USD | 1 Quarter |
| OPERATING INCOME |
OperatingIncomeLoss
|
$583.08K | USD | 1 Quarter |
| OPERATING INCOME |
OperatingIncomeLoss
|
$3.27M | USD | 1 Quarter |
| OTHER INCOME |
NonoperatingIncomeExpense
|
$944.00 | USD | 1 Quarter |
| OTHER INCOME |
NonoperatingIncomeExpense
|
$1.21K | USD | 1 Quarter |
| INCOME BEFORE INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$584.02K | USD | 1 Quarter |
| INCOME BEFORE INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$3.27M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$1.01M | USD | 1 Quarter |
| PROVISION FOR INCOME TAXES |
IncomeTaxExpenseBenefit
|
$278.40K | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$305.62K | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$2.26M | USD | 1 Quarter |
| BASIC EARNINGS PER SHARE (Note 2) |
EarningsPerShareBasic
|
$0.13 | USD | 1 Quarter |
| BASIC EARNINGS PER SHARE (Note 2) |
EarningsPerShareBasic
|
$0.98 | USD | 1 Quarter |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (IN THOUSANDS) |
WeightedAverageNumberOfSharesOutstandingBasic
|
2.31M | shares | 1 Quarter |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING (IN THOUSANDS) |
WeightedAverageNumberOfSharesOutstandingBasic
|
2.30M | shares | 1 Quarter |
| FULLY DILUTED EARNINGS PER SHARE |
EarningsPerShareDiluted
|
$0.95 | USD | 1 Quarter |
| FULLY DILUTED EARNINGS PER SHARE |
EarningsPerShareDiluted
|
$0.13 | USD | 1 Quarter |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING FULLY DILUTED |
WeightedAverageNumberOfDilutedSharesOutstanding
|
2.31M | shares | 1 Quarter |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING FULLY DILUTED |
WeightedAverageNumberOfDilutedSharesOutstanding
|
2.38M | shares | 1 Quarter |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$305.62K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.26M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$107.30K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$141.60K | USD | 1 Quarter |
| Recognition of stock compensation expense |
ShareBasedCompensation
|
$2.80K | USD | 1 Quarter |
| Recognition of stock compensation expense |
ShareBasedCompensation
|
$19.59K | USD | 1 Quarter |
| (Increase) in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.44M | USD | 1 Quarter |
| (Increase) in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$37.51K | USD | 1 Quarter |
| (Increase) in inventories |
IncreaseDecreaseInInventories
|
$708.30K | USD | 1 Quarter |
| (Increase) in inventories |
IncreaseDecreaseInInventories
|
$635.74K | USD | 1 Quarter |
| (Increase) decrease in excess payments to accounts receivable factor |
IncreaseDecreaseInAccountsReceivableFromSecuritization
|
$-191.43K | USD | 1 Quarter |
| (Increase) decrease in excess payments to accounts receivable factor |
IncreaseDecreaseInAccountsReceivableFromSecuritization
|
$1.44M | USD | 1 Quarter |
| (Increase) in prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$6.30K | USD | 1 Quarter |
| (Increase) in prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$180.91K | USD | 1 Quarter |
| Increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$591.40K | USD | 1 Quarter |
| Increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$74.01K | USD | 1 Quarter |
| Increase in other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$33.58K | USD | 1 Quarter |
| Increase in other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$205.73K | USD | 1 Quarter |
| Increase in accrued corporate taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$252.10K | USD | 1 Quarter |
| Increase in accrued corporate taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$1.54M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-1.29M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-1.54K | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$304.08K | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$973.42K | USD | 1 Quarter |
| Acquisition of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$104.19K | USD | 1 Quarter |
| Acquisition of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$57.43K | USD | 1 Quarter |
| NET CASH (USED) BY INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-104.19K | USD | 1 Quarter |
| NET CASH (USED) BY INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-57.43K | USD | 1 Quarter |
| Net activity on accounts receivable financing |
ProceedsFromRepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Net activity on accounts receivable financing |
ProceedsFromRepaymentsOfLinesOfCredit
|
$190.97K | USD | 1 Quarter |
| Payment of dividend |
PaymentsOfDividends
|
- | USD | 1 Quarter |
| Payment of dividend |
PaymentsOfDividends
|
$575.87K | USD | 1 Quarter |
| NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$-384.89K | USD | 1 Quarter |
| INCREASE (DECREASE) IN CASH |
CashPeriodIncreaseDecrease
|
$915.98K | USD | 1 Quarter |
| INCREASE (DECREASE) IN CASH |
CashPeriodIncreaseDecrease
|
$-185.00K | USD | 1 Quarter |
| CASH, beginning of period |
Cash
|
$2.32M | USD | Point-in-time |
| CASH, beginning of period |
Cash
|
$1.21M | USD | Point-in-time |
| CASH, beginning of period |
Cash
|
$1.03M | USD | Point-in-time |
| CASH, beginning of period |
Cash
|
$1.41M | USD | Point-in-time |
| CASH, end of period |
Cash
|
$2.32M | USD | Point-in-time |
| CASH, end of period |
Cash
|
$1.21M | USD | Point-in-time |
| CASH, end of period |
Cash
|
$1.03M | USD | Point-in-time |
| CASH, end of period |
Cash
|
$1.41M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$2.27K | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$10.25K | USD | 1 Quarter |
| Income Taxes |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Income Taxes |
IncomeTaxesPaidNet
|
$51.15K | USD | 1 Quarter |
| Increase in issued and outstanding shares |
IncreaseInIssuedAndOutstandingShares
|
$200.00 | USD | 1 Quarter |
| Increase in issued and outstanding shares |
IncreaseInIssuedAndOutstandingShares
|
- | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.