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10-Q Filing

SUNATION ENERGY, INC. CIK: 22701 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0000897101-13-000715
Period End Date 20130331
Filing Date 20130510
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance jcs-20130331.xml
Filing Contents
Balance Sheet 91 line items
Line Item Tag Value Unit Period
Trade accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $55.00K USD Point-in-time
Trade accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $69.00K USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 3.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 3.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $22.52M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $10.82M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.87M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $19.48M USD Point-in-time
Investments ShortTermInvestments $10.68M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Investments ShortTermInvestments $12.70M USD Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $55,000 and $69,000, respectively AccountsReceivableNetCurrent $14.68M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.05 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.05 USD Point-in-time
Trade accounts receivable, less allowance for doubtful accounts of $55,000 and $69,000, respectively AccountsReceivableNetCurrent $18.36M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 30.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 30.00M shares Point-in-time
Inventories InventoryNet $36.98M USD Point-in-time
Inventories InventoryNet $33.75M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 8.47M shares Point-in-time
Prepaid income taxes PrepaidTaxes $2.11M USD Point-in-time
Prepaid income taxes PrepaidTaxes $2.02M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 8.52M shares Point-in-time
Other current assets OtherAssetsCurrent $922.56K USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 8.47M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 8.52M shares Point-in-time
Other current assets OtherAssetsCurrent $783.35K USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $4.14M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $4.01M USD Point-in-time
TOTAL CURRENT ASSETS AssetsCurrent $83.93M USD Point-in-time
TOTAL CURRENT ASSETS AssetsCurrent $85.92M USD Point-in-time
PROPERTY, PLANT AND EQUIPMENT, net PropertyPlantAndEquipmentNet $14.40M USD Point-in-time
PROPERTY, PLANT AND EQUIPMENT, net PropertyPlantAndEquipmentNet $14.47M USD Point-in-time
Investments LongTermInvestments $5.38M USD Point-in-time
Investments LongTermInvestments $6.20M USD Point-in-time
Goodwill Goodwill $5.99M USD Point-in-time
Goodwill Goodwill $5.99M USD Point-in-time
Goodwill Goodwill $5.80M USD Point-in-time
Goodwill Goodwill $5.96M USD Point-in-time
Other assets OtherAssetsMiscellaneousNoncurrent $808.31K USD Point-in-time
Other assets OtherAssetsMiscellaneousNoncurrent $739.93K USD Point-in-time
TOTAL OTHER ASSETS OtherAssetsNoncurrent $12.14M USD Point-in-time
TOTAL OTHER ASSETS OtherAssetsNoncurrent $12.74M USD Point-in-time
TOTAL ASSETS Assets $112.45M USD Point-in-time
TOTAL ASSETS Assets $112.53M USD Point-in-time
TOTAL ASSETS Assets $111.07M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $457.46K USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $465.32K USD Point-in-time
Accounts payable AccountsPayableCurrent $9.24M USD Point-in-time
Accounts payable AccountsPayableCurrent $7.99M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $2.54M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $3.04M USD Point-in-time
Accrued consideration AccruedConsideration $581.75K USD Point-in-time
Accrued consideration AccruedConsideration $770.04K USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $1.96M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $1.67M USD Point-in-time
Dividends payable DividendsPayableCurrent $61.83K USD Point-in-time
Dividends payable DividendsPayableCurrent $1.45M USD Point-in-time
TOTAL CURRENT LIABILITIES LiabilitiesCurrent $15.24M USD Point-in-time
TOTAL CURRENT LIABILITIES LiabilitiesCurrent $14.98M USD Point-in-time
Long-term compensation plans LongTermCompensationPlans $42.07K USD Point-in-time
Long-term compensation plans LongTermCompensationPlans $350.46K USD Point-in-time
Uncertain tax positions LiabilityForUncertainTaxPositionsNoncurrent $320.43K USD Point-in-time
Uncertain tax positions LiabilityForUncertainTaxPositionsNoncurrent $327.22K USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $1.38M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $1.42M USD Point-in-time
Pension liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $325.81K USD Point-in-time
Pension liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $127.61K USD Point-in-time
Long term debt - mortgage payable SecuredLongTermDebt $998.21K USD Point-in-time
Long term debt - mortgage payable SecuredLongTermDebt $1.12M USD Point-in-time
TOTAL LONG-TERM LIABILITIES LiabilitiesNoncurrent $3.30M USD Point-in-time
TOTAL LONG-TERM LIABILITIES LiabilitiesNoncurrent $3.12M USD Point-in-time
COMMITMENTS AND CONTINGENCIES (Footnote 7) CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENCIES (Footnote 7) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, par value $1.00 per share; 3,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Preferred stock, par value $1.00 per share; 3,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Common stock, par value $.05 per share; 30,000,000 shares authorized; 8,523,719 and 8,474,896 shares issued and outstanding, respectively CommonStockValue $423.75K USD Point-in-time
Common stock, par value $.05 per share; 30,000,000 shares authorized; 8,523,719 and 8,474,896 shares issued and outstanding, respectively CommonStockValue $426.19K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $36.40M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $37.09M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $57.76M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $56.61M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-588.05K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.15M USD Point-in-time
TOTAL STOCKHOLDERS' EQUITY StockholdersEquity $92.97M USD Point-in-time
TOTAL STOCKHOLDERS' EQUITY StockholdersEquity $94.00M USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $111.07M USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $112.53M USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Sales SalesRevenueNet $27.45M USD 1 Quarter
Sales SalesRevenueNet $24.24M USD 1 Quarter
Cost of sales CostOfRevenue $14.30M USD 1 Quarter
Cost of sales CostOfRevenue $17.68M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $9.41M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $9.82M USD 1 Quarter
Total costs and expenses CostsAndExpenses $24.11M USD 1 Quarter
Total costs and expenses CostsAndExpenses $27.08M USD 1 Quarter
Operating income OperatingIncomeLoss $130.45K USD 1 Quarter
Operating income OperatingIncomeLoss $370.78K USD 1 Quarter
Investment and other income (expense) InvestmentIncomeInterestAndDividend $87.29K USD 1 Quarter
Investment and other income (expense) InvestmentIncomeInterestAndDividend $-20.70K USD 1 Quarter
(Loss)/gain on sale of assets GainLossOnDispositionOfAssets $-47.26K USD 1 Quarter
(Loss)/gain on sale of assets GainLossOnDispositionOfAssets $20.57K USD 1 Quarter
Interest and other expense InterestExpenseOther $29.39K USD 1 Quarter
Interest and other expense InterestExpenseOther $36.76K USD 1 Quarter
Other income (loss), net NonoperatingIncomeExpense $10.64K USD 1 Quarter
Other income (loss), net NonoperatingIncomeExpense $-36.88K USD 1 Quarter
Income from operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $93.56K USD 1 Quarter
Income from operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $381.42K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $139.06K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $38.48K USD 1 Quarter
Net income NetIncomeLoss $55.08K USD 1 Quarter
Net income NetIncomeLoss $242.36K USD 1 Quarter
Additional minimum pension liability adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-135.89K USD 1 Quarter
Additional minimum pension liability adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $205.81K USD 1 Quarter
Unrealized gains/(losses) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-12.08K USD 1 Quarter
Unrealized gains/(losses) on available-for-sale securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $12.05K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-343.15K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $138.02K USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $285.96K USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-561.05K USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $-318.69K USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $341.04K USD 1 Quarter
Basic net income per share: EarningsPerShareBasic $0.03 USD 1 Quarter
Basic net income per share: EarningsPerShareBasic $0.01 USD 1 Quarter
Diluted net income per share: EarningsPerShareDiluted $0.03 USD 1 Quarter
Diluted net income per share: EarningsPerShareDiluted $0.01 USD 1 Quarter
Weighted Average Basic Shares Outstanding WeightedAverageNumberOfSharesOutstandingBasic 8.47M shares 1 Quarter
Weighted Average Basic Shares Outstanding WeightedAverageNumberOfSharesOutstandingBasic 8.49M shares 1 Quarter
Weighted Average Dilutive Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding 8.51M shares 1 Quarter
Weighted Average Dilutive Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding 8.50M shares 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.16 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.16 USD 1 Quarter
Cash Flow Statement 66 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $55.08K USD 1 Quarter
Net income NetIncomeLoss $242.36K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $485.79K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $584.69K USD 1 Quarter
Share-based compensation ShareBasedCompensation $111.04K USD 1 Quarter
Share-based compensation ShareBasedCompensation $177.17K USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $55.53K USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $-89.10K USD 1 Quarter
Change in fair value of acquisition-related contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability $-27.23K USD 1 Quarter
Loss/(gain) on sale of assets GainLossOnDispositionOfAssets $-47.26K USD 1 Quarter
Loss/(gain) on sale of assets GainLossOnDispositionOfAssets $20.57K USD 1 Quarter
Trade receivables IncreaseDecreaseInAccountsReceivable $3.71M USD 1 Quarter
Trade receivables IncreaseDecreaseInAccountsReceivable $-148.11K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $3.31M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $1.08M USD 1 Quarter
Prepaid income taxes IncreaseDecreaseInPrepaidTaxes $-111.20K USD 1 Quarter
Prepaid income taxes IncreaseDecreaseInPrepaidTaxes $76.84K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-132.16K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $137.26K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-1.23M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $9.45K USD 1 Quarter
Accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-3.14M USD 1 Quarter
Accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-350.81K USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-235.70K USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $255.24K USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-5.50K USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $8.29K USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-3.45M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-7.48M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $681.10K USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $479.13K USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $2.01M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $2.93M USD 1 Quarter
Acquisition of business PaymentsToAcquireBusinessesNetOfCashAcquired $43.64K USD 1 Quarter
Proceeds from the sale of fixed assets ProceedsFromSaleOfProductiveAssets $24.97K USD 1 Quarter
Proceeds from the sale of fixed assets ProceedsFromSaleOfProductiveAssets $74.37K USD 1 Quarter
Proceeds from the sale of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $4.36M USD 1 Quarter
Proceeds from the sale of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $4.12M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $1.70M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $728.27K USD 1 Quarter
Cash dividends paid PaymentsOfDividends $1.27M USD 1 Quarter
Mortgage principal payments RepaymentsOfSecuredDebt $111.46K USD 1 Quarter
Mortgage principal payments RepaymentsOfSecuredDebt $104.12K USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $43.94K USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $54.41K USD 1 Quarter
Payment of contingent consideration related to acquisition PaymentsOfMergerRelatedCostsFinancingActivities $161.06K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-228.58K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-1.32M USD 1 Quarter
EFFECT OF FOREIGN EXCHANGE RATE CHANGES ON CASH EffectOfExchangeRateOnCashAndCashEquivalents $-61.95K USD 1 Quarter
EFFECT OF FOREIGN EXCHANGE RATE CHANGES ON CASH EffectOfExchangeRateOnCashAndCashEquivalents $25.58K USD 1 Quarter
NET DECREASE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-3.04M USD 1 Quarter
NET DECREASE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-7.05M USD 1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CashAndCashEquivalentsAtCarryingValue $22.52M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CashAndCashEquivalentsAtCarryingValue $10.82M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CashAndCashEquivalentsAtCarryingValue $17.87M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CashAndCashEquivalentsAtCarryingValue $19.48M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR CashAndCashEquivalentsAtCarryingValue $22.52M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR CashAndCashEquivalentsAtCarryingValue $10.82M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR CashAndCashEquivalentsAtCarryingValue $17.87M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR CashAndCashEquivalentsAtCarryingValue $19.48M USD Point-in-time
Income taxes paid IncomeTaxesPaidNet $116.30K USD 1 Quarter
Income taxes paid IncomeTaxesPaidNet $62.93K USD 1 Quarter
Interest paid InterestPaid $26.26K USD 1 Quarter
Interest paid InterestPaid $35.82K USD 1 Quarter
Dividends declared not paid DividendsPayableCurrentAndNoncurrent $1.36M USD Point-in-time
Dividends declared not paid DividendsPayableCurrentAndNoncurrent $1.36M USD Point-in-time
Stockholders Equity 12 line items
Line Item Tag Value Unit Period
BALANCE StockholdersEquity $92.97M USD Point-in-time
BALANCE StockholdersEquity $94.00M USD Point-in-time
Net income NetIncomeLoss $55.08K USD 1 Quarter
Net income NetIncomeLoss $242.36K USD 1 Quarter
Issuance of common stock under Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $43.94K USD 1 Quarter
Issuance of common stock to Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan $463.82K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $177.17K USD 1 Quarter
Shareholder dividends Dividends $1.39M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $285.96K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-561.05K USD 1 Quarter
BALANCE StockholdersEquity $92.97M USD Point-in-time
BALANCE StockholdersEquity $94.00M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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