10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-17-012365 |
| Period End Date | 20170531 |
| Filing Date | 20170707 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | pke-20170528.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$290.00K | USD | Point-in-time |
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$294.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$47.31M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$97.76M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$102.44M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$106.86M | USD | Point-in-time |
| Marketable securities (Note 3) |
MarketableSecuritiesCurrent
|
$190.49M | USD | Point-in-time |
| Marketable securities (Note 3) |
MarketableSecuritiesCurrent
|
$136.15M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $290 and $294, respectively |
AccountsReceivableNetCurrent
|
$17.70M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $290 and $294, respectively |
AccountsReceivableNetCurrent
|
$17.24M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$10.91M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$11.11M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.53M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.20M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$269.13M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$268.94M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$18.64M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$17.95M | USD | Point-in-time |
| Goodwill and other intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$9.82M | USD | Point-in-time |
| Goodwill and other intangible assets |
IntangibleAssetsNetIncludingGoodwill
|
$9.82M | USD | Point-in-time |
| Restricted cash (Note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$10.00M | USD | Point-in-time |
| Restricted cash (Note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$10.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$989.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$985.00K | USD | Point-in-time |
| Total assets |
Assets
|
$307.71M | USD | Point-in-time |
| Total assets |
Assets
|
$308.58M | USD | Point-in-time |
| Current portion of long-term debt (Note 5) |
LongTermDebtCurrent
|
$3.50M | USD | Point-in-time |
| Current portion of long-term debt (Note 5) |
LongTermDebtCurrent
|
$3.50M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$4.18M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.62M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$5.25M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$3.42M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$3.02M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$2.89M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$15.26M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$14.12M | USD | Point-in-time |
| Long-term debt (Note 5) |
LongTermDebtNoncurrent
|
$67.75M | USD | Point-in-time |
| Long-term debt (Note 5) |
LongTermDebtNoncurrent
|
$68.50M | USD | Point-in-time |
| Deferred income taxes (Note 9) |
DeferredTaxLiabilitiesNoncurrent
|
$42.09M | USD | Point-in-time |
| Deferred income taxes (Note 9) |
DeferredTaxLiabilitiesNoncurrent
|
$42.09M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.04M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$353.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$125.75M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$125.45M | 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
|
$2.10M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$2.10M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$167.61M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$167.85M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$26.48M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$27.11M | USD | Point-in-time |
| Accumulated other comprehensive earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.03M | USD | Point-in-time |
| Accumulated other comprehensive earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$836.00K | USD | Point-in-time |
| StockoldersEquityIncludingTreasuryStock |
StockoldersEquityIncludingTreasuryStock
|
$197.85M | USD | Point-in-time |
| StockoldersEquityIncludingTreasuryStock |
StockoldersEquityIncludingTreasuryStock
|
$197.27M | USD | Point-in-time |
| Less treasury stock, at cost |
TreasuryStockValue
|
$15.01M | USD | Point-in-time |
| Less treasury stock, at cost |
TreasuryStockValue
|
$15.02M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$182.25M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$182.83M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$308.58M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$307.71M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$27.42M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$31.49M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$22.70M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$21.09M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$6.32M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$8.79M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$4.73M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$5.34M | USD | 1 Quarter |
| Restructuring charges (Note 6) |
RestructuringCharges
|
$1.36M | USD | 1 Quarter |
| Restructuring charges (Note 6) |
RestructuringCharges
|
$70.00K | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$3.38M | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$234.00K | USD | 1 Quarter |
| Interest expense (Note 5) |
InterestExpense
|
$333.00K | USD | 1 Quarter |
| Interest expense (Note 5) |
InterestExpense
|
$510.00K | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherIncome
|
$749.00K | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherIncome
|
$378.00K | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$473.00K | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$3.42M | USD | 1 Quarter |
| Income tax (benefit)/provision (Note 9) |
IncomeTaxExpenseBenefit
|
$475.00K | USD | 1 Quarter |
| Income tax (benefit)/provision (Note 9) |
IncomeTaxExpenseBenefit
|
$-921.00K | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$1.39M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$1.39M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$2.95M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$2.95M | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.15 | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.07 | USD | 1 Quarter |
| Basic weighted average shares (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.23M | shares | 1 Quarter |
| Basic weighted average shares (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.23M | shares | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.15 | USD | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.07 | USD | 1 Quarter |
| Diluted weighted average shares (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.24M | shares | 1 Quarter |
| Diluted weighted average shares (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.23M | 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
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$1.39M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$1.39M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$2.95M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$2.95M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$807.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$827.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$352.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$240.00K | USD | 1 Quarter |
| Gain on sale of fixed assets |
GainLossOnDispositionOfAssets
|
- | USD | 1 Quarter |
| Gain on sale of fixed assets |
GainLossOnDispositionOfAssets
|
$15.00K | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$44.00K | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$133.00K | USD | 1 Quarter |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$-65.00K | USD | 1 Quarter |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$-4.17M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$2.55M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$8.41M | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$41.00K | USD | 1 Quarter |
| Purchase of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$105.00K | USD | 1 Quarter |
| Proceeds from sales of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Proceeds from sales of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$15.00K | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$75.50M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$16.07M | USD | 1 Quarter |
| Proceeds from sales and maturities of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$20.70M | USD | 1 Quarter |
| Proceeds from sales and maturities of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$19.57M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-54.91M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$3.48M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.02M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$2.02M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$6.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
- | USD | 1 Quarter |
| Payments of long-term debt |
RepaymentsOfLongTermDebt
|
$750.00K | USD | 1 Quarter |
| Payments of long-term debt |
RepaymentsOfLongTermDebt
|
$750.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-2.77M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-2.77M | USD | 1 Quarter |
| (Decrease) increase in cash and cash equivalents before effect of exchange rate changes |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-55.13M | USD | 1 Quarter |
| (Decrease) increase in cash and cash equivalents before effect of exchange rate changes |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$9.12M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$-20.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$1.00K | USD | 1 Quarter |
| (Decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-55.12M | USD | 1 Quarter |
| (Decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$9.10M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$47.31M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$97.76M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$102.44M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$106.86M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$47.31M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$97.76M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$102.44M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$106.86M | 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
|
- | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaidNet
|
$293.00K | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaidNet
|
$209.00K | USD | 1 Quarter |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$1.39M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$1.39M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$2.95M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$2.95M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-21.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-31.00K | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-85.00K | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-190.00K | USD | 1 Quarter |
| Total comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$2.87M | USD | 1 Quarter |
| Total comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$1.20M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.