10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001571049-15-003462 |
| Period End Date | 20150331 |
| Filing Date | 20150501 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | mpx-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$24.32M | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$24.18M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.66M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.07M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.18M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.11M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$6.17M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$3.65M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$2.37M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$5.41M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$28.82M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$30.41M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$123.00K | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$366.00K | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$2.32M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$2.48M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.18M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.71M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$43.22M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$55.03M | USD | Point-in-time |
| Property, plant and equipment, less accumulated depreciation of $24,324 in 2015 and $24,180 in 2014 |
PropertyPlantAndEquipmentNet
|
$10.53M | USD | Point-in-time |
| Property, plant and equipment, less accumulated depreciation of $24,324 in 2015 and $24,180 in 2014 |
PropertyPlantAndEquipmentNet
|
$9.89M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.31M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.31M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$465.00K | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$465.00K | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
$33.83M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
$28.69M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$2.76M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$3.21M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$9.97M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$9.89M | USD | Point-in-time |
| Total assets |
Assets
|
$103.82M | USD | Point-in-time |
| Total assets |
Assets
|
$110.76M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$8.50M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.58M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$9.63M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$10.79M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$13.21M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$19.29M | USD | Point-in-time |
| Pension liabilities |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$6.67M | USD | Point-in-time |
| Pension liabilities |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$7.04M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$82.00K | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$79.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$20.33M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$26.05M | USD | Point-in-time |
| Common stock |
CommonStockValueOutstanding
|
$3.83M | USD | Point-in-time |
| Common stock |
CommonStockValueOutstanding
|
$3.81M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$3.67M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$3.90M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$77.75M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$79.15M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.97M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-853.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.94M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-843.00K | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$83.49M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$84.71M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$110.76M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$103.82M | USD | Point-in-time |
Income Statement
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$47.70M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$50.64M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$40.44M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$38.86M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$8.84M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$10.21M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$6.07M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$5.95M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$4.25M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$2.77M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$117.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$122.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$4.37M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.89M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$912.00K | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$1.44M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.98M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.08 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.05 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.08 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.05 | USD | 1 Quarter |
| Dividends paid per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.03 | USD | 1 Quarter |
| Dividends paid per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.04 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
36.96M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
37.03M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
37.26M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
37.26M | shares | 1 Quarter |
Cash Flow Statement
63 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$2.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.98M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$174.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$181.00K | USD | 1 Quarter |
| Gain on sale of equipment and property |
GainLossOnSaleOfPropertyPlantEquipment
|
$12.00K | USD | 1 Quarter |
| Gain on sale of equipment and property |
GainLossOnSaleOfPropertyPlantEquipment
|
$12.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$487.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$444.00K | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$185.00K | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$284.00K | USD | 1 Quarter |
| Deferred income tax provision |
DeferredIncomeTaxExpenseBenefit
|
$223.00K | USD | 1 Quarter |
| Deferred income tax provision |
DeferredIncomeTaxExpenseBenefit
|
$586.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$979.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$3.04M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.59M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-2.31M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-646.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-522.00K | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$243.00K | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-276.00K | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$80.00K | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$213.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$4.93M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.84M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$222.00K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$312.00K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$1.74M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$1.12M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-348.00K | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-133.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$9.33M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$5.47M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$102.00K | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$804.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$34.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$7.00K | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$6.87M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$2.04M | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfMarketableSecurities
|
$2.46M | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfMarketableSecurities
|
$4.68M | USD | 1 Quarter |
| Maturities of marketable securities |
ProceedsFromMaturityOfMarketableSecurities
|
$400.00K | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-4.08M | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$1.85M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.15M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.53M | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$185.00K | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$284.00K | USD | 1 Quarter |
| Cash paid for common stock purchased and retired |
PaymentsForRepurchaseOfCommonStock
|
$868.00K | USD | 1 Quarter |
| Cash paid for common stock purchased and retired |
PaymentsForRepurchaseOfCommonStock
|
$845.00K | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-2.21M | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-1.71M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.55M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.10M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.66M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.07M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.18M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.11M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.66M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.07M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$9.18M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.11M | USD | Point-in-time |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$100.00K | USD | 1 Quarter |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$875.00K | USD | 1 Quarter |
Stockholders Equity
13 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$83.49M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$84.71M | USD | Point-in-time |
| Stock issued for stock incentive plans, net |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$478.00K | USD | 1 Quarter |
| Stock purchased and retired |
StockRepurchasedAndRetiredDuringPeriodValue
|
$868.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.98M | USD | 1 Quarter |
| Pension adjustment, net of taxes |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-12.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of taxes and reclassification adjustments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$4.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of taxes and reclassification adjustments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$14.00K | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$1.53M | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
$185.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$83.49M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$84.71M | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$2.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.98M | USD | 1 Quarter |
| Pension adjustment |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-12.00K | USD | 1 Quarter |
| Pension adjustment |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-6.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of reclassification adjustments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$4.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of reclassification adjustments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$14.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$1.99M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$2.96M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.