|
|
|
|
|
Additi- |
Retained |
Notes |
Accumula- |
|
Total |
| Years ended |
|
|
|
|
onal |
Earnings |
Receiva- |
ted Other |
Unearned |
Comprehen- |
| March 31, 2001, |
Common Stock |
Treasury Stock |
Paid-ln |
(Accumula- |
ble from |
Comprehen- |
Compen- |
sive Income |
|
 |
| 2000 and 1999 |
Shares |
Amount |
Shares |
Amount |
Capital |
ted Deficit) |
Officers |
sive Los |
sation |
(Loss) |
|
| BALANCE, MARCH 31, 1998 |
6,564,079 |
$66 |
(292,054 |
) |
$(3,999 |
) |
$75,959 |
$46,537 |
|
- |
|
$(2,495 |
) |
$(236 |
) |
| Net income |
- |
- |
- |
|
- |
|
- |
13,809 |
|
- |
|
- |
|
- |
|
$ 13,809 |
|
Other comprehensive income:
Currency translation
adjustment (net of
taxes of $467) |
- |
- |
- |
|
- |
|
- |
- |
|
- |
|
(701 |
) |
- |
|
(701 |
) |
Unrealized investment
holding gains (net of
taxes of $117) |
- |
- |
- |
|
- |
|
- |
- |
|
- |
|
175 |
|
- |
|
175 |
|
Cash dividends
($.26 per share) |
- |
- |
- |
|
- |
|
- |
(1,625 |
) |
- |
|
- |
|
- |
|
- |
|
| Purchase of treasury stock |
|
|
(248,700 |
) |
(4,926 |
) |
- |
- |
|
- |
|
- |
|
- |
|
- |
|
Issuance of stock under
stock option plan |
84,714 |
1 |
- |
|
- |
|
1,156 |
- |
|
- |
|
- |
|
- |
|
- |
|
Issuance of stock
under bonus plan |
5,062 |
- |
(5,459 |
) |
(139 |
) |
131 |
- |
|
- |
|
- |
|
(3 |
) |
- |
|
|
| BALANCE, MARCH 31, 1999 |
6,653,855 |
67 |
(546,213 |
) |
(9,064 |
) |
77,246 |
58,721 |
|
- |
|
(3,021 |
) |
(239 |
) |
$13,283 |
|
|
|
|
|
|
|
| Net income |
- |
- |
- |
|
- |
|
- |
6,594 |
|
- |
|
- |
|
- |
|
$ 6,594 |
|
Other comprehensive income:
Currency translation
adjustment (net of taxes
of $80) |
- |
- |
- |
|
- |
|
- |
- |
|
- |
|
(131 |
) |
- |
|
(131 |
) |
Unrealized investment
holding losses (net
of taxes of $3) |
- |
- |
- |
|
- |
|
- |
- |
|
- |
|
(5 |
) |
- |
|
(5 |
) |
Cash dividends
($.26 per share) |
- |
- |
- |
|
- |
|
- |
(1,593 |
) |
- |
|
- |
|
- |
|
- |
|
Issuance of stock under
stock option plan |
29,200 |
- |
- |
|
- |
|
189 |
- |
|
- |
|
- |
|
- |
|
- |
|
Issuance of stock
under bonus plan |
8,177 |
- |
(181 |
) |
(5 |
) |
152 |
- |
|
- |
|
- |
|
(28 |
) |
- |
|
|
| BALANCE, MARCH 31, 2000 |
6,691,232 |
67 |
(546,394 |
) |
(9,069 |
) |
77,587 |
63,722 |
|
- |
|
(3,157 |
) |
(267 |
) |
$ 6,458 |
|
|
|
|
|
|
|
| Net loss |
- |
- |
- |
|
- |
|
- |
(72,970 |
) |
- |
|
- |
|
- |
|
$(72,970 |
) |
Other comprehensive loss:
Minimum pension liability
adjustment (net
of taxes of $685) |
- |
- |
- |
|
- |
|
- |
- |
|
- |
|
(1,141 |
) |
- |
|
(1,141 |
) |
Currency translation
adjustment (net of taxes
of $1,093) |
- |
- |
- |
|
- |
|
- |
- |
|
- |
|
(2,029 |
) |
- |
|
(2,029 |
) |
Unrealized investment
holding loss |
- |
- |
- |
|
- |
|
- |
- |
|
- |
|
(6 |
) |
- |
|
(6 |
) |
Less: reclassification
adjustment for gains
included in net loss |
- |
- |
- |
|
- |
|
- |
- |
|
- |
|
10 |
|
- |
|
10 |
|
Cash dividends
($.195 per share) |
- |
- |
- |
|
- |
|
- |
(1,198 |
) |
- |
|
- |
|
- |
|
- |
|
Issuance of warrants under
mezzanine debt |
- |
- |
- |
|
- |
|
214 |
- |
|
- |
|
- |
|
- |
|
- |
|
Issuance of stock under
stock option plan/other |
15,000 |
- |
- |
|
- |
|
171 |
- |
|
(191 |
) |
- |
|
- |
|
- |
|
Issuance of stock
under bonus plan |
12,382 |
- |
(34 |
) |
(1 |
) |
119 |
- |
|
- |
|
- |
|
14 |
|
- |
|
|
| BALANCE, MARCH 31, 2001 |
6,718,614 |
$67 |
(546,428 |
) |
$(9,070 |
) |
$78,091 |
$(10,446 |
) |
$(191 |
) |
$(6,323 |
) |
$(253 |
) |
$(76,136 |
) |
|
|
|
See notes to consolidated financial statements. |
