10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-18-012591 |
| Period End Date | 20180531 |
| Filing Date | 20180628 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | pke-20180527.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$257.00K | USD | Point-in-time |
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$259.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$18.25M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$47.31M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$102.44M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$16.64M | USD | Point-in-time |
| Marketable securities (Note 3) |
MarketableSecuritiesCurrent
|
$89.41M | USD | Point-in-time |
| Marketable securities (Note 3) |
MarketableSecuritiesCurrent
|
$89.98M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $257 and $259, respectively |
AccountsReceivableNetCurrent
|
$19.76M | USD | Point-in-time |
| Accounts receivable, less allowance for doubtful accounts of $257 and $259, respectively |
AccountsReceivableNetCurrent
|
$21.30M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$12.64M | USD | Point-in-time |
| Inventories (Note 4) |
InventoryNet
|
$11.16M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.12M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.42M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$141.27M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$142.40M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$15.83M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$16.53M | 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 |
| Other assets |
OtherAssetsNoncurrent
|
$1.41M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.41M | USD | Point-in-time |
| Total assets |
Assets
|
$169.02M | USD | Point-in-time |
| Total assets |
Assets
|
$169.46M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$4.49M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$4.03M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$5.38M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$5.76M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$2.82M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$2.82M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$13.07M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$12.23M | USD | Point-in-time |
| Non-current income taxes payable (Note 10) |
AccruedIncomeTaxesNoncurrent
|
$20.36M | USD | Point-in-time |
| Non-current income taxes payable (Note 10) |
AccruedIncomeTaxesNoncurrent
|
$18.59M | USD | Point-in-time |
| Deferred income taxes (Note 10) |
DeferredTaxLiabilitiesNoncurrent
|
$628.00K | USD | Point-in-time |
| Deferred income taxes (Note 10) |
DeferredTaxLiabilitiesNoncurrent
|
$628.00K | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$543.00K | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$543.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$32.84M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$33.76M | USD | Point-in-time |
| Commitments and contingencies (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
PreferredStockValue
|
$2.10M | USD | Point-in-time |
| Common stock |
PreferredStockValue
|
$2.10M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$169.01M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$169.20M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-19.95M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-21.10M | USD | Point-in-time |
| Accumulated other comprehensive earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$131.00K | USD | Point-in-time |
| Accumulated other comprehensive earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$96.00K | USD | Point-in-time |
| StockoldersEquityIncludingTreasuryStock |
StockoldersEquityIncludingTreasuryStock
|
$151.44M | USD | Point-in-time |
| StockoldersEquityIncludingTreasuryStock |
StockoldersEquityIncludingTreasuryStock
|
$150.14M | USD | Point-in-time |
| Less treasury stock, at cost |
TreasuryStockValue
|
$14.82M | USD | Point-in-time |
| Less treasury stock, at cost |
TreasuryStockValue
|
$14.88M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$136.62M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$135.26M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$169.46M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$169.02M | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$27.42M | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$31.10M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$22.59M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$21.09M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$6.32M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$8.51M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$4.73M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$4.82M | USD | 1 Quarter |
| Restructuring charges (Note 7) |
RestructuringCharges
|
$183.00K | USD | 1 Quarter |
| Restructuring charges (Note 7) |
RestructuringCharges
|
$1.36M | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$234.00K | USD | 1 Quarter |
| Earnings from operations |
OperatingIncomeLoss
|
$3.51M | USD | 1 Quarter |
| Interest expense (Note 5) |
InterestExpense
|
- | 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
|
$340.00K | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$3.85M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$473.00K | USD | 1 Quarter |
| Income tax provision/(benefit) (Note 10) |
IncomeTaxExpenseBenefit
|
$678.00K | USD | 1 Quarter |
| Income tax provision/(benefit) (Note 10) |
IncomeTaxExpenseBenefit
|
$-921.00K | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$1.39M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$3.17M | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.07 | USD | 1 Quarter |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.16 | USD | 1 Quarter |
| Basic weighted average shares (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.24M | shares | 1 Quarter |
| Basic weighted average shares (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.23M | shares | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.16 | 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
|
20.30M | 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
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$1.39M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$3.17M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$807.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$704.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$240.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$201.00K | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$44.00K | USD | 1 Quarter |
| Amortization of bond premium |
AmortizationOfDebtDiscountPremium
|
$22.00K | USD | 1 Quarter |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$4.35M | USD | 1 Quarter |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$-65.00K | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-259.00K | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.55M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$13.00K | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$105.00K | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$75.50M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$2.48M | 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
|
$3.09M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$594.00K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-54.91M | 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
|
$47.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$6.00K | USD | 1 Quarter |
| Payments of long-term debt |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Payments of long-term debt |
RepaymentsOfLongTermDebt
|
$750.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.98M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-2.77M | USD | 1 Quarter |
| Decrease in cash and cash equivalents before effect of exchange rate changes |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-1.64M | USD | 1 Quarter |
| Decrease in cash and cash equivalents before effect of exchange rate changes |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-55.13M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$24.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$1.00K | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-1.62M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-55.12M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$18.25M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$47.31M | 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
|
$16.64M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$18.25M | 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
|
$102.44M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$16.64M | USD | Point-in-time |
| Cash paid during the period for income taxes, net of refunds |
IncomeTaxesPaidNet
|
$2.44M | 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
|
- | USD | 1 Quarter |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$1.39M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$3.17M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-19.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-31.00K | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-35.00K | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-190.00K | USD | 1 Quarter |
| Total comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$1.20M | USD | 1 Quarter |
| Total comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$3.13M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.