10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-14-000477 |
| Period End Date | 20131130 |
| Filing Date | 20140110 |
| Fiscal Year | 2013 |
| Fiscal Period | Q3 |
| XBRL Instance | pke-20131201.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$423.00K | USD | Point-in-time |
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$421.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$152.94M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$128.68M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$186.12M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$129.50M | USD | Point-in-time |
| Marketable securities (Note 3) |
MarketableSecuritiesCurrent
|
$162.58M | USD | Point-in-time |
| Marketable securities (Note 3) |
MarketableSecuritiesCurrent
|
$89.10M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $421 and $423, respectively |
AccountsReceivableNetCurrent
|
$25.88M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $421 and $423, respectively |
AccountsReceivableNetCurrent
|
$22.85M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$12.92M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$14.63M | USD | Point-in-time |
| Prepaid expenses and other current assets (Note 9) |
PrepaidExpenseAndOtherAssetsCurrent
|
$6.42M | USD | Point-in-time |
| Prepaid expenses and other current assets (Note 9) |
PrepaidExpenseAndOtherAssetsCurrent
|
$6.66M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$320.67M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$335.17M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$32.19M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$30.15M | USD | Point-in-time |
| Goodwill and other intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$9.85M | USD | Point-in-time |
| Goodwill and other intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$9.85M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$6.94M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$6.97M | USD | Point-in-time |
| Total assets |
Assets
|
$382.14M | USD | Point-in-time |
| Total assets |
Assets
|
$369.66M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$6.22M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$6.49M | USD | Point-in-time |
| Accrued liabilities (Note 6) |
AccruedLiabilitiesCurrent
|
$6.68M | USD | Point-in-time |
| Accrued liabilities (Note 6) |
AccruedLiabilitiesCurrent
|
$6.02M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$4.18M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$2.69M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$15.59M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$16.68M | USD | Point-in-time |
| Long-term debt (Note 5) |
SecuredLongTermDebt
|
$52.00M | USD | Point-in-time |
| Long-term debt (Note 5) |
SecuredLongTermDebt
|
$52.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$761.00K | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$812.00K | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$246.00K | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$246.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$69.74M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$68.60M | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$2.09M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$2.08M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$158.79M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$160.56M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$149.96M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$138.51M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.03M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$629.00K | USD | Point-in-time |
| StockHoldersEquityIncludingTreasuryStock |
StockHoldersEquityIncludingTreasuryStock
|
$313.64M | USD | Point-in-time |
| StockHoldersEquityIncludingTreasuryStock |
StockHoldersEquityIncludingTreasuryStock
|
$300.02M | USD | Point-in-time |
| Less treasury stock, at cost |
TreasuryStockValue
|
$94.00K | USD | Point-in-time |
| Less treasury stock, at cost |
TreasuryStockValue
|
$94.00K | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$299.92M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$313.54M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$382.14M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$369.66M | USD | Point-in-time |
Income Statement
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$39.68M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$127.61M | USD | 3 Qtrs |
| Net sales |
SalesRevenueNet
|
$133.74M | USD | 3 Qtrs |
| Net sales |
SalesRevenueNet
|
$41.27M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$95.03M | USD | 3 Qtrs |
| Cost of sales |
CostOfGoodsSold
|
$28.64M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$28.73M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$89.96M | USD | 3 Qtrs |
| Gross profit |
GrossProfit
|
$12.54M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$11.04M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$37.65M | USD | 3 Qtrs |
| Gross profit |
GrossProfit
|
$38.72M | USD | 3 Qtrs |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$20.01M | USD | 3 Qtrs |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$6.11M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$6.37M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$18.70M | USD | 3 Qtrs |
| Restructuring charges (Note 6) |
RestructuringCharges
|
$319.00K | USD | 3 Qtrs |
| Restructuring charges (Note 6) |
RestructuringCharges
|
$559.00K | USD | 1 Quarter |
| Restructuring charges (Note 6) |
RestructuringCharges
|
$3.10M | USD | 3 Qtrs |
| Earnings from operations |
OperatingIncomeLoss
|
$5.62M | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$15.61M | USD | 3 Qtrs |
| Earnings from operations |
OperatingIncomeLoss
|
$4.93M | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$18.63M | USD | 3 Qtrs |
| Interest expense (Note 5) |
InterestExpense
|
$187.00K | USD | 1 Quarter |
| Interest expense (Note 5) |
InterestExpense
|
$543.00K | USD | 3 Qtrs |
| Interest and other income |
InterestAndOtherIncome
|
$284.00K | USD | 3 Qtrs |
| Interest and other income |
InterestAndOtherIncome
|
$143.00K | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherIncome
|
$139.00K | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherIncome
|
$520.00K | USD | 3 Qtrs |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$18.37M | USD | 3 Qtrs |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$4.88M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$16.13M | USD | 3 Qtrs |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$5.76M | USD | 1 Quarter |
| Income tax provision (Note 9) |
IncomeTaxExpenseBenefit
|
$674.00K | USD | 3 Qtrs |
| Income tax provision (Note 9) |
IncomeTaxExpenseBenefit
|
$1.05M | USD | 1 Quarter |
| Income tax provision (Note 9) |
IncomeTaxExpenseBenefit
|
$3.24M | USD | 3 Qtrs |
| Income tax provision (Note 9) |
IncomeTaxExpenseBenefit
|
$163.00K | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$4.72M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$17.70M | USD | 3 Qtrs |
| Net earnings |
NetIncomeLoss
|
$4.71M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$12.89M | USD | 3 Qtrs |
| Basic earnings per share (in Dollars per share) |
EarningsPerShareBasic
|
$0.23 | USD | 1 Quarter |
| Basic earnings per share (in Dollars per share) |
EarningsPerShareBasic
|
$0.85 | USD | 3 Qtrs |
| Basic earnings per share (in Dollars per share) |
EarningsPerShareBasic
|
$0.23 | USD | 1 Quarter |
| Basic earnings per share (in Dollars per share) |
EarningsPerShareBasic
|
$0.62 | USD | 3 Qtrs |
| Basic weighted average shares (in Shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.86M | shares | 1 Quarter |
| Basic weighted average shares (in Shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.80M | shares | 3 Qtrs |
| Basic weighted average shares (in Shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.84M | shares | 3 Qtrs |
| Basic weighted average shares (in Shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.80M | shares | 1 Quarter |
| Diluted earnings per share (in Dollars per share) |
EarningsPerShareDiluted
|
$0.23 | USD | 1 Quarter |
| Diluted earnings per share (in Dollars per share) |
EarningsPerShareDiluted
|
$0.62 | USD | 3 Qtrs |
| Diluted earnings per share (in Dollars per share) |
EarningsPerShareDiluted
|
$0.85 | USD | 3 Qtrs |
| Diluted earnings per share (in Dollars per share) |
EarningsPerShareDiluted
|
$0.23 | USD | 1 Quarter |
| Diluted weighted average shares (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.92M | shares | 1 Quarter |
| Diluted weighted average shares (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.82M | shares | 3 Qtrs |
| Diluted weighted average shares (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.87M | shares | 3 Qtrs |
| Diluted weighted average shares (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.80M | shares | 1 Quarter |
| Dividends declared per share (in Dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Dividends declared per share (in Dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Dividends declared per share (in Dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.30 | USD | 3 Qtrs |
| Dividends declared per share (in Dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.30 | USD | 3 Qtrs |
Cash Flow Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$4.72M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$17.70M | USD | 3 Qtrs |
| Net earnings |
NetIncomeLoss
|
$4.71M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$12.89M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$2.98M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.20M | USD | 3 Qtrs |
| Stock-based compensation |
ShareBasedCompensation
|
$643.00K | USD | 3 Qtrs |
| Stock-based compensation |
ShareBasedCompensation
|
$787.00K | USD | 3 Qtrs |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$1.14M | USD | 3 Qtrs |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$886.00K | USD | 3 Qtrs |
| Impairment of fixed assets |
AssetImpairmentCharges
|
$3.62M | USD | 3 Qtrs |
| Non-cash restructuring |
RestructuringCosts
|
$-1.47M | USD | 3 Qtrs |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$6.77M | USD | 3 Qtrs |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$-332.00K | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$22.68M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$13.26M | USD | 3 Qtrs |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.19M | USD | 3 Qtrs |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$773.00K | USD | 3 Qtrs |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$198.49M | USD | 3 Qtrs |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$118.63M | USD | 3 Qtrs |
| Proceeds from sales and maturities of marketable securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$124.42M | USD | 3 Qtrs |
| Proceeds from sales and maturities of marketable securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$136.20M | USD | 3 Qtrs |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-74.84M | USD | 3 Qtrs |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$16.38M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfDividends
|
$6.24M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfDividends
|
$6.25M | USD | 3 Qtrs |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$159.00K | USD | 3 Qtrs |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$987.00K | USD | 3 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$93.00K | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-6.17M | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-5.26M | USD | 3 Qtrs |
| Change in cash and cash equivalents before effect of exchange rate changes |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$23.47M | USD | 3 Qtrs |
| Change in cash and cash equivalents before effect of exchange rate changes |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-57.43M | USD | 3 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-28.00K | USD | 3 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-7.00K | USD | 3 Qtrs |
| Change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-57.44M | USD | 3 Qtrs |
| Change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$23.44M | USD | 3 Qtrs |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$152.94M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$128.68M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$186.12M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$129.50M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$152.94M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$128.68M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$186.12M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$129.50M | USD | Point-in-time |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$6.00M | USD | 3 Qtrs |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$4.46M | USD | 3 Qtrs |
| Cash paid during the period for interest |
InterestPaidNet
|
$486.00K | USD | 3 Qtrs |
Comprehensive Income
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$4.72M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$17.70M | USD | 3 Qtrs |
| Net earnings |
NetIncomeLoss
|
$4.71M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$12.89M | USD | 3 Qtrs |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$189.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$371.00K | USD | 3 Qtrs |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$9.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$210.00K | USD | 3 Qtrs |
| Less: reclassification adjustment for foreign currency translation gains included in net income |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
|
$1.47M | USD | 3 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$172.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.14M | USD | 3 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$245.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$405.00K | USD | 3 Qtrs |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$11.75M | USD | 3 Qtrs |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$4.97M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$18.10M | USD | 3 Qtrs |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$4.88M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.