Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 1,501 $ 451
Receivables, principally U.S. Government, net 90,621 117,568
Inventories 41,555 41,990
Deferred tax assets 767 1,355
Other current assets 8,641 17,083
Assets held for sale 2,890 0
Total current assets 145,975 178,447
Property and equipment, net 62,468 57,113
Intangible assets, net 92,421 106,536
Goodwill 92,052 98,879
Deferred tax assets 2,099 231
Other assets 15,196 13,306
Total assets 410,211 454,512
Liabilities and stockholders' equity    
Current portion of long-term debt 23,274 18,587
Accounts payable 30,063 50,353
Current portion of earn-out obligations 0 4,153
Accrued expenses and other current liabilities 26,688 33,864
Dividends payable 423 367
Liabilities held for sale 551 0
Total current liabilities 80,999 107,324
Long-term debt, less current portion 116,377 144,759
Deferred compensation 10,684 8,215
Long-term lease obligations, less current portion 27,435 33,938
Earn-out obligations, less current portion 9,098 16,415
Other liabilities 1,283 261
Total liabilities 245,876 310,912
Commitments and contingencies      
Stockholders' equity    
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 5,293,316 and 5,246,527 respectively 265 262
Additional paid-in capital 18,193 17,069
Retained earnings 146,614 126,961
Accumulated other comprehensive loss (737) (692)
Total stockholders' equity 164,335 143,600
Total liabilities and stockholders' equity $ 410,211 $ 454,512