10-Q Filing

ESCALADE INC CIK: 33488 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001019056-12-000509`
Period End Date	20120331
Filing Date	20120424
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	esca-20120324.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 108 Income Statement 24 Cash Flow Statement 41 Comprehensive Income 6

Balance Sheet 108 line items

Line Item	Tag	Value	Unit	Period
Receivables allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$939.00K	USD	Point-in-time
Receivables allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$938.00K	USD	Point-in-time
Receivables allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.18M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.58M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.54M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Time deposits	`TimeDeposits`	$-950.00K	USD	Point-in-time
Time deposits	`TimeDeposits`	$-1.00M	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Time deposits	`TimeDeposits`	$-500.00K	USD	Point-in-time
Receivables, less allowance of $939; $938; and $1,184; respectively	`AccountsReceivableNetCurrent`	$23.94M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	30.00M	shares	Point-in-time
Receivables, less allowance of $939; $938; and $1,184; respectively	`AccountsReceivableNetCurrent`	$26.91M	USD	Point-in-time
Receivables, less allowance of $939; $938; and $1,184; respectively	`AccountsReceivableNetCurrent`	$27.57M	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
Common stock , shares issued	`CommonStockSharesIssued`	12.83M	shares	Point-in-time
Common stock , shares issued	`CommonStockSharesIssued`	12.81M	shares	Point-in-time
Inventories	`InventoryNet`	$29.04M	USD	Point-in-time
Common stock , shares issued	`CommonStockSharesIssued`	12.91M	shares	Point-in-time
Inventories	`InventoryNet`	$29.08M	USD	Point-in-time
Inventories	`InventoryNet`	$31.46M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.47M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.88M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.91M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.10M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.83M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.81M	shares	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Deferred income tax benefit	`DeferredTaxAssetsLiabilitiesNetCurrent`	$1.36M	USD	Point-in-time
Deferred income tax benefit	`DeferredTaxAssetsLiabilitiesNetCurrent`	$1.48M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Deferred income tax benefit	`DeferredTaxAssetsLiabilitiesNetCurrent`	$1.42M	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$430.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$846.00K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$65.00M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$64.15M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$59.22M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$11.91M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$12.06M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$19.68M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$15.51M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$14.06M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$13.59M	USD	Point-in-time
Goodwill	`Goodwill`	$25.29M	USD	Point-in-time
Goodwill	`Goodwill`	$25.47M	USD	Point-in-time
Goodwill	`Goodwill`	$26.02M	USD	Point-in-time
Investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$14.40M	USD	Point-in-time
Investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$12.56M	USD	Point-in-time
Investments	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$14.86M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$274.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$308.00K	USD	Point-in-time
Assets	`Assets`	$131.26M	USD	Point-in-time
Assets	`Assets`	$133.00M	USD	Point-in-time
Assets	`Assets`	$130.12M	USD	Point-in-time
Notes payable	`ShortTermBankLoansAndNotesPayable`	$14.95M	USD	Point-in-time
Notes payable	`ShortTermBankLoansAndNotesPayable`	$13.69M	USD	Point-in-time
Notes payable	`ShortTermBankLoansAndNotesPayable`	$14.65M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.00M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$4.69M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$3.29M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$4.74M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$13.76M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$12.22M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$14.41M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$233.00K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$34.65M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$33.62M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$34.37M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$7.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.00M	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$2.10M	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$2.90M	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$2.88M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$42.55M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$42.26M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$42.72M	USD	Point-in-time
Authorized 1,000,000 shares; no par value, none issued	`PreferredStockValue`	-	USD	Point-in-time
Authorized 1,000,000 shares; no par value, none issued	`PreferredStockValue`	-	USD	Point-in-time
Authorized 1,000,000 shares; no par value, none issued	`PreferredStockValue`	-	USD	Point-in-time
Authorized 30,000,000 shares; no par value, issued and outstanding 12,909,132; 12,883,948; and 12,812,943; shares respectively	`CommonStockValue`	$12.81M	USD	Point-in-time
Authorized 30,000,000 shares; no par value, issued and outstanding 12,909,132; 12,883,948; and 12,812,943; shares respectively	`CommonStockValue`	$12.91M	USD	Point-in-time
Authorized 30,000,000 shares; no par value, issued and outstanding 12,909,132; 12,883,948; and 12,812,943; shares respectively	`CommonStockValue`	$12.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$71.65M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$72.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$71.35M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.81M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.91M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.33M	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$87.56M	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$90.28M	USD	Point-in-time
StockholdersEquity	`StockholdersEquity`	$89.00M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$131.26M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$133.00M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$130.12M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$28.00M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$30.57M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$17.87M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$20.01M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.74M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$317.00K	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$517.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.07M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.74M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-154.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-184.00K	USD	1 Quarter
Other income	`OtherIncome`	$122.00K	USD	1 Quarter
Other income	`OtherIncome`	$172.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.76M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.18M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$802.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.58M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.20M	USD	1 Quarter
Basic earnings per share (in Dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic earnings per share (in Dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Diluted earnings per share (in Dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted earnings per share (in Dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.58M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$992.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$962.00K	USD	1 Quarter
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$22.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$135.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$85.00K	USD	1 Quarter
Adjustments necessary to reconcile net income to net cash provided (used) by operating activities	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-2.55M	USD	1 Quarter
Adjustments necessary to reconcile net income to net cash provided (used) by operating activities	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-5.16M	USD	1 Quarter
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.88M	USD	1 Quarter
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$150.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$223.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$533.00K	USD	1 Quarter
Proceeds from disposal of short-term time deposits	`ProceedsFromSaleOfShortTermInvestments`	$450.00K	USD	1 Quarter
Proceeds from disposal of short-term time deposits	`ProceedsFromSaleOfShortTermInvestments`	$250.00K	USD	1 Quarter
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$27.00K	USD	1 Quarter
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-83.00K	USD	1 Quarter
Net increase (decrease) in notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$-1.25M	USD	1 Quarter
Net increase (decrease) in notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$3.92M	USD	1 Quarter
Net decrease in overdraft facility	`ProceedsFromRepaymentsOfBankOverdrafts`	$-324.00K	USD	1 Quarter
Net decrease in overdraft facility	`ProceedsFromRepaymentsOfBankOverdrafts`	$-7.00K	USD	1 Quarter
Principal payment on long-term debt	`RepaymentsOfLongTermDebt`	$500.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$36.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$14.00K	USD	1 Quarter
Director stock compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$-52.00K	USD	1 Quarter
Director stock compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$-36.00K	USD	1 Quarter
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.19M	USD	1 Quarter
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.17M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-261.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-120.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.24M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$47.00K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.58M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.82M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.58M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.54M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.58M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.82M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.58M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.54M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$926.00K	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.58M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.20M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$585.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.89M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.16M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.10M	USD	1 Quarter

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