10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001571049-16-014719 |
| Period End Date | 20160331 |
| Filing Date | 20160503 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | mpx-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$24.95M | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$25.16M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.18M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.24M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.07M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$7.99M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$7.83M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$10.00M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$6.21M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$1.26M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$31.66M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$32.64M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$927.00K | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$820.00K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$2.12M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.35M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$52.64M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$58.39M | USD | Point-in-time |
| Property, plant and equipment, net accumulated depreciation of $24,948 in 2016 and $25,163 in 2015 |
PropertyPlantAndEquipmentNet
|
$12.76M | USD | Point-in-time |
| Property, plant and equipment, net accumulated depreciation of $24,948 in 2016 and $25,163 in 2015 |
PropertyPlantAndEquipmentNet
|
$12.75M | 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
|
$30.87M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
$27.13M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$4.34M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$3.32M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$10.03M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$10.46M | USD | Point-in-time |
| Total assets |
Assets
|
$119.57M | USD | Point-in-time |
| Total assets |
Assets
|
$110.68M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.68M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$10.42M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$10.12M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedExpensesAndOtherCurrentLiabilities
|
$11.43M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$21.85M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$13.80M | USD | Point-in-time |
| Pension liabilities |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$5.18M | USD | Point-in-time |
| Pension liabilities |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$6.59M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$77.00K | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$72.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$27.10M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$20.46M | USD | Point-in-time |
| Common stock |
CommonStockValueOutstanding
|
$3.84M | USD | Point-in-time |
| Common stock |
CommonStockValueOutstanding
|
$3.81M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$3.88M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$4.43M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$86.04M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$84.42M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.84M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.94M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.97M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.90M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$92.47M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$90.21M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$119.57M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$110.68M | USD | Point-in-time |
Income Statement
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$63.66M | 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
|
$50.98M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$10.21M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$12.69M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$5.95M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$7.04M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$4.25M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$5.64M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$92.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$117.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$5.74M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$4.37M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$1.44M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$1.82M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.92M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.93M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.08 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.10 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.08 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.10 | USD | 1 Quarter |
| Dividends paid per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.06 | USD | 1 Quarter |
| Dividends paid per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.04 | USD | 1 Quarter |
Cash Flow Statement
65 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$3.92M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.93M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$174.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$331.00K | USD | 1 Quarter |
| Gain on sale of equipment and property |
GainLossOnSaleOfPropertyPlantEquipment
|
$12.00K | USD | 1 Quarter |
| Gain on sale of equipment and property |
GainLossOnSaleOfPropertyPlantEquipment
|
$48.00K | USD | 1 Quarter |
| Amortization of premium related to marketable securities |
AmortizationOfPremiumRelatedToMarketableSecurities
|
$258.00K | USD | 1 Quarter |
| Amortization of premium related to marketable securities |
AmortizationOfPremiumRelatedToMarketableSecurities
|
$274.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.17M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$487.00K | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$185.00K | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$151.00K | USD | 1 Quarter |
| Deferred income tax provision |
DeferredIncomeTaxExpenseBenefit
|
$586.00K | USD | 1 Quarter |
| Deferred income tax provision |
DeferredIncomeTaxExpenseBenefit
|
$897.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$4.96M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$3.04M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.59M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-981.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-770.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-522.00K | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$107.00K | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$243.00K | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$80.00K | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$424.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$6.74M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$4.93M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$181.00K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$222.00K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$1.12M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$1.28M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-1.40M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-348.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$5.73M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$9.46M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$324.00K | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$804.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$48.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$7.00K | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$7.11M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$2.30M | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfMarketableSecurities
|
$501.00K | USD | 1 Quarter |
| Sales of marketable securities |
ProceedsFromSaleOfMarketableSecurities
|
$4.68M | USD | 1 Quarter |
| Maturities of marketable securities |
ProceedsFromMaturityOfMarketableSecurities
|
$487.00K | USD | 1 Quarter |
| Net cash (used for) provided by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$1.59M | USD | 1 Quarter |
| Net cash (used for) provided by investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-6.39M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$1.53M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$2.30M | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$151.00K | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$185.00K | 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
|
$662.00K | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-2.81M | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-2.21M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$254.00K | 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
|
$9.18M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$8.24M | 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
|
$7.99M | 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
|
$8.24M | 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
|
$7.99M | USD | Point-in-time |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$844.00K | USD | 1 Quarter |
| Income tax payments, net |
IncomeTaxesPaidNet
|
$875.00K | USD | 1 Quarter |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$92.47M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$90.21M | USD | Point-in-time |
| Stock issued for stock incentive plans, net |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$1.09M | USD | 1 Quarter |
| Stock purchased and retired |
StockRepurchasedAndRetiredDuringPeriodValue
|
$662.00K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.92M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.93M | USD | 1 Quarter |
| Pension adjustment, net of taxes |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-12.00K | USD | 1 Quarter |
| Pension adjustment, net of taxes |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-14.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of taxes and reclassification adjustment |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$50.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of taxes and reclassification adjustment |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$14.00K | USD | 1 Quarter |
| Dividends paid |
DividendsCommonStockCash
|
$2.30M | USD | 1 Quarter |
| Excess tax benefits for share-based payments |
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
$151.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$92.47M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$90.21M | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$3.92M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.93M | USD | 1 Quarter |
| Pension adjustment |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-12.00K | USD | 1 Quarter |
| Pension adjustment |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-14.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of reclassification adjustments |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$50.00K | USD | 1 Quarter |
| Unrealized gain on securities, net of reclassification adjustments |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$14.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$2.96M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$3.98M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.