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10-Q Filing

SL INDUSTRIES INC CIK: 89270 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0001193125-13-192668
Period End Date 20130331
Filing Date 20130501
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance sli-20130331.xml
Filing Contents
Balance Sheet 74 line items
Line Item Tag Value Unit Period
Preferred stock, no par value PreferredStockNoParValue - USD Point-in-time
Preferred stock, no par value PreferredStockNoParValue - USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 6.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 6.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.59M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.20M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.39M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.63M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.20 USD Point-in-time
Receivables, net ReceivablesNetCurrent $30.85M USD Point-in-time
Receivables, net ReceivablesNetCurrent $30.31M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.20 USD Point-in-time
Inventories, net InventoryNet $23.05M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 25.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 25.00M shares Point-in-time
Inventories, net InventoryNet $22.10M USD Point-in-time
Other current assets OtherAssetsCurrent $2.10M USD Point-in-time
Other current assets OtherAssetsCurrent $2.54M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 6.66M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 6.66M shares Point-in-time
Treasury stock, shares TreasuryStockShares 2.52M shares Point-in-time
Deferred income taxes, net DeferredTaxAssetsNetCurrent $3.42M USD Point-in-time
Treasury stock, shares TreasuryStockShares 2.52M shares Point-in-time
Deferred income taxes, net DeferredTaxAssetsNetCurrent $3.42M USD Point-in-time
Total current assets AssetsCurrent $63.25M USD Point-in-time
Total current assets AssetsCurrent $61.12M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $9.59M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $9.63M USD Point-in-time
Deferred income taxes, net DeferredTaxAssetsNetNoncurrent $9.65M USD Point-in-time
Deferred income taxes, net DeferredTaxAssetsNetNoncurrent $9.72M USD Point-in-time
Goodwill Goodwill $22.73M USD Point-in-time
Goodwill Goodwill $22.73M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $2.56M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $2.67M USD Point-in-time
Other assets and deferred charges, net OtherAssetsAndDeferredChargesNet $1.29M USD Point-in-time
Other assets and deferred charges, net OtherAssetsAndDeferredChargesNet $1.30M USD Point-in-time
Total assets Assets $109.11M USD Point-in-time
Total assets Assets $107.14M USD Point-in-time
Accounts payable AccountsPayableCurrent $18.84M USD Point-in-time
Accounts payable AccountsPayableCurrent $17.91M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $429.00K USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $403.00K USD Point-in-time
Payroll and related costs EmployeeRelatedLiabilitiesCurrent $4.96M USD Point-in-time
Payroll and related costs EmployeeRelatedLiabilitiesCurrent $4.45M USD Point-in-time
Other OtherAccruedLiabilitiesCurrent $10.77M USD Point-in-time
Other OtherAccruedLiabilitiesCurrent $10.59M USD Point-in-time
Total current liabilities LiabilitiesCurrent $34.81M USD Point-in-time
Total current liabilities LiabilitiesCurrent $33.53M USD Point-in-time
Deferred compensation and supplemental retirement benefits DeferredCompensationAndSupplementalRetirementBenefits $1.93M USD Point-in-time
Deferred compensation and supplemental retirement benefits DeferredCompensationAndSupplementalRetirementBenefits $1.83M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $20.35M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $19.97M USD Point-in-time
Total liabilities Liabilities $55.71M USD Point-in-time
Total liabilities Liabilities $56.70M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, no par value; authorized, 6,000,000 shares; none issued PreferredStockValue - USD Point-in-time
Preferred stock, no par value; authorized, 6,000,000 shares; none issued PreferredStockValue - USD Point-in-time
Common stock, $.20 par value; authorized, 25,000,000 shares; issued, 6,656,000 and 6,656,000 shares, respectively CommonStockValue $1.33M USD Point-in-time
Common stock, $.20 par value; authorized, 25,000,000 shares; issued, 6,656,000 and 6,656,000 shares, respectively CommonStockValue $1.33M USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $21.58M USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $21.70M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $52.28M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $55.05M USD Point-in-time
Accumulated other comprehensive (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-452.00K USD Point-in-time
Accumulated other comprehensive (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-376.00K USD Point-in-time
Treasury stock at cost, 2,517,000 and 2,517,000 shares, respectively TreasuryStockValue $24.30M USD Point-in-time
Treasury stock at cost, 2,517,000 and 2,517,000 shares, respectively TreasuryStockValue $24.30M USD Point-in-time
Total shareholders' equity StockholdersEquity $53.40M USD Point-in-time
Total shareholders' equity StockholdersEquity $50.43M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $107.14M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $109.11M USD Point-in-time
Income Statement 48 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $49.34M USD 1 Quarter
Net sales SalesRevenueNet $49.09M USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $33.77M USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $32.20M USD 1 Quarter
Engineering and product development EngineeringAndProductDevelopmentExpense $3.02M USD 1 Quarter
Engineering and product development EngineeringAndProductDevelopmentExpense $3.50M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $9.51M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $8.81M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $600.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $665.00K USD 1 Quarter
Total cost and expenses CostsAndExpenses $45.11M USD 1 Quarter
Total cost and expenses CostsAndExpenses $46.97M USD 1 Quarter
Income from operations OperatingIncomeLoss $2.37M USD 1 Quarter
Income from operations OperatingIncomeLoss $3.99M USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $19.00K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $33.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $1.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $1.00K USD 1 Quarter
Interest expense InterestExpense $22.00K USD 1 Quarter
Interest expense InterestExpense $35.00K USD 1 Quarter
Other gain (loss), net OtherNonoperatingIncomeExpense $-26.00K USD 1 Quarter
Other gain (loss), net OtherNonoperatingIncomeExpense $-8.00K USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $3.91M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $2.31M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $866.00K USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $923.00K USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $1.44M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $2.98M USD 1 Quarter
(Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-194.00K USD 1 Quarter
(Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-218.00K USD 1 Quarter
Net income NetIncomeLoss $2.77M USD 1 Quarter
Net income NetIncomeLoss $1.25M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.31 USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.72 USD 1 Quarter
(Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.04 USD 1 Quarter
(Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.05 USD 1 Quarter
Net income EarningsPerShareBasic $0.67 USD 1 Quarter
Net income EarningsPerShareBasic $0.27 USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.31 USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.71 USD 1 Quarter
(Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.04 USD 1 Quarter
(Loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.05 USD 1 Quarter
Net income EarningsPerShareDiluted $0.27 USD 1 Quarter
Net income EarningsPerShareDiluted $0.66 USD 1 Quarter
Shares used in computing basic net income (loss) per common share WeightedAverageNumberOfSharesOutstandingBasic 4.14M shares 1 Quarter
Shares used in computing basic net income (loss) per common share WeightedAverageNumberOfSharesOutstandingBasic 4.56M shares 1 Quarter
Shares used in computing diluted net income (loss) per common share WeightedAverageNumberOfDilutedSharesOutstanding 4.58M shares 1 Quarter
Shares used in computing diluted net income (loss) per common share WeightedAverageNumberOfDilutedSharesOutstanding 4.17M shares 1 Quarter
Cash Flow Statement 77 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $2.77M USD 1 Quarter
Net income NetIncomeLoss $1.25M USD 1 Quarter
Adjustment for losses from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-194.00K USD 1 Quarter
Adjustment for losses from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-218.00K USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $1.44M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $2.98M USD 1 Quarter
Depreciation Depreciation $432.00K USD 1 Quarter
Depreciation Depreciation $453.00K USD 1 Quarter
Amortization AdjustmentForAmortization $233.00K USD 1 Quarter
Amortization AdjustmentForAmortization $147.00K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $19.00K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $33.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $149.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $122.00K USD 1 Quarter
Loss on foreign exchange contracts GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments $-8.00K USD 1 Quarter
Loss on foreign exchange contracts GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments $-26.00K USD 1 Quarter
Provisions for losses on accounts receivable ProvisionForDoubtfulAccounts $27.00K USD 1 Quarter
Provisions for losses on accounts receivable ProvisionForDoubtfulAccounts $28.00K USD 1 Quarter
Deferred compensation and supplemental retirement benefits DeferredCompensationAndSupplementalRetirementBenefit $100.00K USD 1 Quarter
Deferred compensation and supplemental retirement benefits DeferredCompensationAndSupplementalRetirementBenefit $42.00K USD 1 Quarter
Deferred compensation and supplemental retirement benefit payments DeferredCompensationAndSupplementalRetirementBenefitPayments $134.00K USD 1 Quarter
Deferred compensation and supplemental retirement benefit payments DeferredCompensationAndSupplementalRetirementBenefitPayments $135.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $62.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $217.00K USD 1 Quarter
Loss on sale of equipment GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Loss on sale of equipment GainLossOnSaleOfPropertyPlantEquipment $-11.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $2.41M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $552.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $388.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $927.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $568.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $464.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-452.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-960.00K USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $159.00K USD 1 Quarter
Other accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-855.00K USD 1 Quarter
Accrued income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $87.00K USD 1 Quarter
Accrued income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $-30.00K USD 1 Quarter
Net cash provided by (used in) operating activities from continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-2.06M USD 1 Quarter
Net cash provided by (used in) operating activities from continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $973.00K USD 1 Quarter
Net cash (used in) operating activities from discontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-348.00K USD 1 Quarter
Net cash (used in) operating activities from discontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-237.00K USD 1 Quarter
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $-2.30M USD 1 Quarter
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $625.00K USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $443.00K USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $419.00K USD 1 Quarter
Acquisition of a business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $756.00K USD 1 Quarter
Purchases of other assets PaymentsToAcquireOtherProductiveAssets $119.00K USD 1 Quarter
Purchases of other assets PaymentsToAcquireOtherProductiveAssets $15.00K USD 1 Quarter
NET CASH (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-1.32M USD 1 Quarter
NET CASH (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-434.00K USD 1 Quarter
Proceeds from Senior Revolving Credit Facility ProceedsFromSeniorRevolvingCreditFacility $3.46M USD 1 Quarter
Proceeds from Senior Revolving Credit Facility ProceedsFromSeniorRevolvingCreditFacility - USD 1 Quarter
Payments of Senior Revolving Credit Facility PaymentsOfSeniorRevolvingCreditFacility - USD 1 Quarter
Payments of Senior Revolving Credit Facility PaymentsOfSeniorRevolvingCreditFacility $3.46M USD 1 Quarter
Payments of deferred financing costs PaymentsOfFinancingCosts $13.00K USD 1 Quarter
Payments of deferred financing costs PaymentsOfFinancingCosts - USD 1 Quarter
Treasury stock purchases PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Treasury stock purchases PaymentsForRepurchaseOfCommonStock $436.00K USD 1 Quarter
NET CASH (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-13.00K USD 1 Quarter
NET CASH (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-436.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $14.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $17.00K USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $195.00K USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-4.04M USD 1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $1.59M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $3.20M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $3.39M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $5.63M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $5.63M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $3.39M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $1.59M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $3.20M USD Point-in-time
Interest InterestPaid $37.00K USD 1 Quarter
Interest InterestPaid $22.00K USD 1 Quarter
Income taxes IncomeTaxesPaid $410.00K USD 1 Quarter
Income taxes IncomeTaxesPaid $757.00K USD 1 Quarter
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $2.77M USD 1 Quarter
Net income NetIncomeLoss $1.25M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $19.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $76.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $2.84M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $1.27M USD 1 Quarter

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

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