Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

 v2.3.0.11
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Mar. 31, 2011
Current assets:    
Cash and cash equivalents $ 25,204 $ 19,565
Investments 15,899 23,518
Trade accounts receivable, net of allowances ($16 and $26 at June 30 and March 31, 2011, respectively) 14,925 8,681
Unbilled revenue 12,116 14,280
Inventories 5,642 8,257
Prepaid expenses and other current assets 739 424
Deferred income tax asset 1,902 1,906
Total current assets 76,427 76,631
Property, plant and equipment, net 11,860 11,705
Prepaid pension asset 6,888 6,680
Goodwill 7,404 7,404
Permits 10,300 10,300
Other intangible assets, net 5,102 5,218
Other assets 214 112
Total assets 118,195 118,050
Current liabilities:    
Current portion of capital lease obligations 64 47
Accounts payable 7,316 9,948
Accrued compensation 3,982 4,580
Accrued expenses and other current liabilities 3,037 3,427
Customer deposits 11,998 12,854
Income taxes payable 2,983 1,772
Total current liabilities 29,380 32,628
Capital lease obligations 188 116
Accrued compensation 276 259
Deferred income tax liability 9,083 8,969
Accrued pension liability 233 234
Accrued postretirement benefits 900 892
Other long-term liabilities 1,300 1,297
Total liabilities 41,360 44,395
Commitments and contingencies (Note 13)    
Stockholders' equity:    
Preferred stock, $1.00 par value; Authorized, 500 shares 0 0
Common stock, $.10 par value; Authorized, 25,500 shares; Issued, 10,251 and 10,216 shares at June 30 and March 31, 2011, respectively 1,025 1,022
Capital in excess of par value 16,590 16,322
Retained earnings 67,441 64,623
Accumulated other comprehensive loss (4,921) (5,012)
Treasury stock (350 shares at June 30 and March 31, 2011) (3,300) (3,300)
Total stockholders' equity 76,835 73,655
Total liabilities and stockholders' equity $ 118,195 $ 118,050