10-K Filing

ALPHA PRO TECH LTD CIK: 884269 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001437749-12-002336`
Period End Date	20111231
Filing Date	20120315
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	apt-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 35 Cash Flow Statement 46 Stockholders Equity 19

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$77.00K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$54.00K	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.75M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.50M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $54,000 and $77,000 as of December 31, 2011 and 2010, respectively	`AccountsReceivableNetCurrent`	$4.72M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $54,000 and $77,000 as of December 31, 2011 and 2010, respectively	`AccountsReceivableNetCurrent`	$3.82M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	21.12M	shares	Point-in-time
Inventories	`InventoryNet`	$15.57M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	22.42M	shares	Point-in-time
Inventories	`InventoryNet`	$17.32M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.72M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	22.42M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.12M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.24M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$572.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$443.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$30.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$30.61M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.64M	USD	Point-in-time
Goodwill	`Goodwill`	$55.00K	USD	Point-in-time
Goodwill	`Goodwill`	$55.00K	USD	Point-in-time
Definite-lived intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$135.00K	USD	Point-in-time
Definite-lived intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$164.00K	USD	Point-in-time
Equity investments in and advances to unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$2.44M	USD	Point-in-time
Equity investments in and advances to unconsolidated affiliates	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.94M	USD	Point-in-time
Total assets	`Assets`	$36.93M	USD	Point-in-time
Total assets	`Assets`	$36.87M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$487.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$702.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$169.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$296.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$871.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$783.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$639.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$823.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.42M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.69M	USD	Point-in-time
Common stock, $.01 par value: 50,000,000 shares authorized; 21,122,840 and 22,424,285 shares outstanding as of December 31, 2011 and 2010, respectively	`CommonStockValue`	$224.00K	USD	Point-in-time
Common stock, $.01 par value: 50,000,000 shares authorized; 21,122,840 and 22,424,285 shares outstanding as of December 31, 2011 and 2010, respectively	`CommonStockValue`	$211.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$23.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$22.25M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.72M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$11.78M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$35.51M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$35.18M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$33.87M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$36.87M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$36.93M	USD	Point-in-time

Income Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$41.89M	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$38.50M	USD	Annual
Cost of goods sold, excluding depreciation and amortization	`CostOfGoodsSold`	$24.46M	USD	Annual
Cost of goods sold, excluding depreciation and amortization	`CostOfGoodsSold`	$25.47M	USD	Annual
Gross profit	`GrossProfit`	$14.05M	USD	Annual
Gross profit	`GrossProfit`	$16.42M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.84M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$12.32M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$818.00K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$844.00K	USD	Annual
Total operating expenses	`OperatingExpenses`	$13.14M	USD	Annual
Total operating expenses	`OperatingExpenses`	$14.68M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$905.00K	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.74M	USD	Annual
Equity in income of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$494.00K	USD	Annual
Equity in income of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$317.00K	USD	Annual
Net gain on sales of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$41.00K	USD	Annual
Interest, net	`InterestIncomeExpenseNonoperatingNet`	$41.00K	USD	Annual
Interest, net	`InterestIncomeExpenseNonoperatingNet`	$25.00K	USD	Annual
Total other income	`NonoperatingIncomeExpense`	$576.00K	USD	Annual
Total other income	`NonoperatingIncomeExpense`	$342.00K	USD	Annual
Income before provision for income taxes	`IncomeLossAttributableToParent`	$1.48M	USD	Annual
Income before provision for income taxes	`IncomeLossAttributableToParent`	$2.08M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$548.00K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$780.00K	USD	Annual
Net income	`NetIncomeLoss`	$933.00K	USD	Annual
Net income	`NetIncomeLoss`	$1.30M	USD	Annual
Basic earnings per common share (in Dollars per share)	`EarningsPerShareBasic`	$0.04	USD	Annual
Basic earnings per common share (in Dollars per share)	`EarningsPerShareBasic`	$0.06	USD	Annual
Diluted earnings per common share (in Dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	Annual
Diluted earnings per common share (in Dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	Annual
Basic weighted average common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.42M	shares	Annual
Basic weighted average common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	22.08M	shares	Annual
Diluted weighted average common shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.69M	shares	Annual
Diluted weighted average common shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.08M	shares	Annual

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$933.00K	USD	Annual
Net income	`NetIncomeLoss`	$1.30M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$193.00K	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$268.00K	USD	Annual
Proceeds from dividends from equity investments in unconsolidated affiliates	`EquityMethodInvestmentDividendsOrDistributions`	$77.00K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$818.00K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$844.00K	USD	Annual
Equity in income of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$494.00K	USD	Annual
Equity in income of unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$317.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-253.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$55.00K	USD	Annual
Gain on sale of assets	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$41.00K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$909.00K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-4.78M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-1.57M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$4.22M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.48M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$927.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$89.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.91M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.44M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.77M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$269.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.13M	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$9.00K	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$8.00K	USD	Annual
Proceeds from sale of assets	`ProceedsFromDivestitureOfBusinesses`	$235.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.14M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$16.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.00K	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.55M	USD	Annual
Income tax benefit from stock options exercised	`TaxBenefitFromStockOptionsExercised`	$5.00K	USD	Annual
Excess tax benefit related to share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$136.00K	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$147.00K	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.54M	USD	Annual
Changes in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.44M	USD	Annual
Changes in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.19M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$5.32M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.75M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.50M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$5.32M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$9.75M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$7.50M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$609.00K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$1.36M	USD	Annual

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$35.51M	USD	Point-in-time
Balance	`StockholdersEquity`	$35.18M	USD	Point-in-time
Balance	`StockholdersEquity`	$33.87M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesIssued`	21.12M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesIssued`	22.42M	shares	Point-in-time
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.00K	USD	Annual
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$16.00K	USD	Annual
Common stock repurchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.55M	USD	Annual
Income tax benefit from stock options exercised	`TaxBenefitFromStockOptionsExercised`	$5.00K	USD	Annual
Excess tax benefit related to share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$136.00K	USD	Annual
Share based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$268.00K	USD	Annual
Share based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$193.00K	USD	Annual
Net income	`NetIncomeLoss`	$933.00K	USD	Annual
Net income	`NetIncomeLoss`	$1.30M	USD	Annual
Balance	`StockholdersEquity`	$35.51M	USD	Point-in-time
Balance	`StockholdersEquity`	$35.18M	USD	Point-in-time
Balance	`StockholdersEquity`	$33.87M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesIssued`	21.12M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesIssued`	22.42M	shares	Point-in-time

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