10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-15-013444 |
| Period End Date | 20150531 |
| Filing Date | 20150709 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | pke-20150531.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$400.00K | USD | Point-in-time |
| Allowance for doubtful accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$396.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$141.54M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$61.56M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$135.10M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$133.15M | USD | Point-in-time |
| Marketable securities (Note 3) |
AvailableForSaleSecurities
|
$167.46M | USD | Point-in-time |
| Marketable securities (Note 3) |
AvailableForSaleSecurities
|
$130.59M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $400 and $396, respectively |
AccountsReceivableNetCurrent
|
$21.52M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $400 and $396, respectively |
AccountsReceivableNetCurrent
|
$21.43M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$14.53M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$14.44M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$6.13M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$5.26M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$271.20M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$313.26M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$23.82M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$26.54M | USD | Point-in-time |
| Goodwill and other intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$9.84M | USD | Point-in-time |
| Goodwill and other intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$9.84M | USD | Point-in-time |
| Restricted cash (Note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
- | USD | Point-in-time |
| Restricted cash (Note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$25.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.05M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$946.00K | USD | Point-in-time |
| Total assets |
Assets
|
$330.81M | USD | Point-in-time |
| Total assets |
Assets
|
$350.68M | USD | Point-in-time |
| Current portion of long-term debt (Note 5) |
LongTermDebtCurrent
|
$11.25M | USD | Point-in-time |
| Current portion of long-term debt (Note 5) |
LongTermDebtCurrent
|
$10.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$6.88M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$5.90M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$5.33M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$4.77M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$4.14M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$4.22M | USD | Point-in-time |
| Current deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$3.93M | USD | Point-in-time |
| Current deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$65.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$29.72M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$26.77M | USD | Point-in-time |
| Long-term debt (Note 5) |
LongTermDebtNoncurrent
|
$80.25M | USD | Point-in-time |
| Long-term debt (Note 5) |
LongTermDebtNoncurrent
|
$84.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$47.16M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$54.16M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.20M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.20M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$155.39M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$169.08M | USD | Point-in-time |
| Commitments and contingencies (Note 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$2.10M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$2.10M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$164.82M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$165.29M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$16.05M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$18.76M | USD | Point-in-time |
| Accumulated other comprehensive earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.59M | USD | Point-in-time |
| Accumulated other comprehensive earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.47M | USD | Point-in-time |
| Stockholders' equity |
StockoldersEquityIncludingTreasuryStock
|
$184.43M | USD | Point-in-time |
| Stockholders' equity |
StockoldersEquityIncludingTreasuryStock
|
$187.74M | USD | Point-in-time |
| Less treasury stock, at cost |
TreasuryStockValue
|
$2.83M | USD | Point-in-time |
| Less treasury stock, at cost |
TreasuryStockValue
|
$12.32M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$175.42M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$181.60M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$350.68M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$330.81M | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$48.82M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$37.83M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$26.46M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$31.89M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$16.93M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$11.37M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$6.60M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$5.80M | USD | 1 Quarter |
| Restructuring charges (Note 7) |
RestructuringCharges
|
$124.00K | USD | 1 Quarter |
| Restructuring charges (Note 7) |
RestructuringCharges
|
$267.00K | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$5.44M | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$10.07M | USD | 1 Quarter |
| Interest expense (Note 5) |
InterestExpense
|
$369.00K | USD | 1 Quarter |
| Interest expense (Note 5) |
InterestExpense
|
$353.00K | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherIncome
|
$147.00K | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherIncome
|
$265.00K | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$9.86M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$5.34M | USD | 1 Quarter |
| Income tax provision (Note 10) |
IncomeTaxExpenseBenefit
|
$1.64M | USD | 1 Quarter |
| Income tax provision (Note 10) |
IncomeTaxExpenseBenefit
|
$561.00K | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$4.78M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$8.22M | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.23 | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.39 | USD | 1 Quarter |
| Weighted average common shares outstanding for basic EPS (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.55M | shares | 1 Quarter |
| Weighted average common shares outstanding for basic EPS (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.88M | 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
|
$0.39 | USD | 1 Quarter |
| Diluted weighted average shares (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.57M | 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
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$4.78M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$8.22M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$837.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$898.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$419.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$301.00K | USD | 1 Quarter |
| Provision for deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-10.86M | USD | 1 Quarter |
| Provision for deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$205.00K | 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
|
$1.20M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$9.34M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-5.82M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$53.00K | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$176.00K | USD | 1 Quarter |
| Proceeds from sales of property, plant and eqipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$2.03M | USD | 1 Quarter |
| Proceeds from sales of property, plant and eqipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$40.92M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$37.15M | USD | 1 Quarter |
| Proceeds from sales and maturities of marketable securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$31.94M | USD | 1 Quarter |
| Proceeds from sales and maturities of marketable securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$3.56M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-35.51M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.26M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.06M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.09M | USD | 1 Quarter |
| Restricted cash |
IncreaseDecreaseInRestrictedCash
|
- | USD | 1 Quarter |
| Restricted cash |
IncreaseDecreaseInRestrictedCash
|
$25.00M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromExerciseOfStockOptionsAndExcessTaxBenefit
|
$50.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromExerciseOfStockOptionsAndExcessTaxBenefit
|
$76.00K | USD | 1 Quarter |
| Payments of long-term debt |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Payments of long-term debt |
RepaymentsOfLongTermDebt
|
$2.50M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$9.48M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-39.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-2.01M | USD | 1 Quarter |
| (Decrease) increase in cash and cash equivalents before effect of exchange rate changes |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-80.33M | USD | 1 Quarter |
| (Decrease) increase 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
|
$-118.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$346.00K | USD | 1 Quarter |
| (Decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.95M | USD | 1 Quarter |
| (Decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-79.98M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$141.54M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$61.56M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$135.10M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$133.15M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$141.54M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$61.56M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$135.10M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$133.15M | USD | Point-in-time |
| Cash paid during the period for income taxes, net of refunds |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Cash paid during the period for income taxes, net of refunds |
IncomeTaxesPaidNet
|
$11.31M | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaidNet
|
$222.00K | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaidNet
|
$206.00K | USD | 1 Quarter |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$4.78M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$8.22M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$55.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-94.00K | USD | 1 Quarter |
| Other comprehensive earnings (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-65.00K | USD | 1 Quarter |
| Other comprehensive earnings (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$124.00K | USD | 1 Quarter |
| Total comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$8.15M | USD | 1 Quarter |
| Total comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$4.90M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.