10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-14-012678 |
| Period End Date | 20140531 |
| Filing Date | 20140711 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | pke-20140601.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$416.00K | USD | Point-in-time |
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$443.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$186.12M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$133.15M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$189.08M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$135.10M | USD | Point-in-time |
| Marketable securities (Note 3) |
MarketableSecuritiesCurrent
|
$142.15M | USD | Point-in-time |
| Marketable securities (Note 3) |
MarketableSecuritiesCurrent
|
$137.21M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $443 and $416, respectively |
AccountsReceivableNetCurrent
|
$22.88M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $443 and $416, respectively |
AccountsReceivableNetCurrent
|
$28.45M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$15.08M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$13.87M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.70M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.13M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$324.47M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$311.24M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$29.67M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$28.80M | 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 |
| Restricted cash (Note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$25.00M | USD | Point-in-time |
| Restricted cash (Note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$25.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.33M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.38M | USD | Point-in-time |
| Total assets |
Assets
|
$377.09M | USD | Point-in-time |
| Total assets |
Assets
|
$389.49M | USD | Point-in-time |
| Current portion of long-term debt (Note 5) |
LongTermDebtCurrent
|
$10.00M | USD | Point-in-time |
| Current portion of long-term debt (Note 5) |
LongTermDebtCurrent
|
$12.50M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$6.11M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$9.30M | USD | Point-in-time |
| Accrued liabilities (Note 6) |
AccruedLiabilitiesCurrent
|
$5.14M | USD | Point-in-time |
| Accrued liabilities (Note 6) |
AccruedLiabilitiesCurrent
|
$6.30M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$3.00M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$4.60M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$32.70M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$24.24M | USD | Point-in-time |
| Long-term debt (Note 5) |
LongTermDebtNoncurrent
|
$94.00M | USD | Point-in-time |
| Long-term debt (Note 5) |
LongTermDebtNoncurrent
|
$91.50M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$58.12M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$58.12M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$183.00K | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$183.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$182.50M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$176.55M | 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
|
$2.09M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$161.68M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$162.05M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$35.65M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$41.78M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.16M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.22M | USD | Point-in-time |
| StockHoldersEquityIncludingTreasuryStock |
StockHoldersEquityIncludingTreasuryStock
|
$200.64M | USD | Point-in-time |
| StockHoldersEquityIncludingTreasuryStock |
StockHoldersEquityIncludingTreasuryStock
|
$207.08M | 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
|
$200.54M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$206.98M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$389.49M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$377.09M | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$43.44M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$48.82M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$31.89M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$30.45M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$16.93M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$12.99M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$6.56M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$6.60M | USD | 1 Quarter |
| Restructuring charges (Note 6) |
RestructuringCharges
|
$200.00K | USD | 1 Quarter |
| Restructuring charges (Note 6) |
RestructuringCharges
|
$267.00K | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$6.24M | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$10.07M | USD | 1 Quarter |
| Interest expense (Note 5) |
InterestExpense
|
$167.00K | USD | 1 Quarter |
| Interest expense (Note 5) |
InterestExpense
|
$353.00K | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$64.00K | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$147.00K | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$9.86M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$6.13M | USD | 1 Quarter |
| Income tax provision (Note 9) |
IncomeTaxExpenseBenefit
|
$1.64M | USD | 1 Quarter |
| Income tax provision (Note 9) |
IncomeTaxExpenseBenefit
|
$1.20M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$8.22M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$4.93M | USD | 1 Quarter |
| Basic earnings per share (in Dollars per share) |
EarningsPerShareBasic
|
$0.39 | USD | 1 Quarter |
| Basic earnings per share (in Dollars per share) |
EarningsPerShareBasic
|
$0.24 | USD | 1 Quarter |
| Basic weighted average shares (in Shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.88M | shares | 1 Quarter |
| Basic weighted average shares (in Shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.83M | shares | 1 Quarter |
| Diluted earnings per share (in Dollars per share) |
EarningsPerShareDiluted
|
$0.39 | USD | 1 Quarter |
| Diluted earnings per share (in Dollars per share) |
EarningsPerShareDiluted
|
$0.24 | USD | 1 Quarter |
| Diluted weighted average shares (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.84M | shares | 1 Quarter |
| Diluted weighted average shares (in Shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.99M | 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 |
Cash Flow Statement
43 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$8.22M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$4.93M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$968.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$898.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$301.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$271.00K | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$409.00K | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$316.00K | USD | 1 Quarter |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$392.00K | USD | 1 Quarter |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$208.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$9.34M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$6.37M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$464.00K | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$53.00K | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$47.48M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$37.15M | USD | 1 Quarter |
| Proceeds from sales and maturities of marketable securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$46.07M | USD | 1 Quarter |
| Proceeds from sales and maturities of marketable securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$31.94M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.26M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.88M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.08M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.09M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$76.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$48.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-2.01M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-2.04M | USD | 1 Quarter |
| Change in cash and cash equivalents before effect of exchange rate changes |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$2.46M | USD | 1 Quarter |
| Change in cash and cash equivalents before effect of exchange rate changes |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$2.06M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$509.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-118.00K | USD | 1 Quarter |
| Change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.95M | USD | 1 Quarter |
| Change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$2.97M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$186.12M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$133.15M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$189.08M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$135.10M | 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
|
$133.15M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$189.08M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$135.10M | USD | Point-in-time |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$2.00K | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaidNet
|
$121.00K | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaidNet
|
$222.00K | USD | 1 Quarter |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$8.22M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$4.93M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$336.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-94.00K | USD | 1 Quarter |
| Other comprehensive (loss) earnings |
OtherComprehensiveIncomeLossNetOfTax
|
$-65.00K | USD | 1 Quarter |
| Other comprehensive (loss) earnings |
OtherComprehensiveIncomeLossNetOfTax
|
$365.00K | USD | 1 Quarter |
| Total comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$8.15M | USD | 1 Quarter |
| Total comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$5.29M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.