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NORTECH SYSTEMS INCORPORATED: 10-Q filed 2012-11-14

What NORTECH SYSTEMS INCORPORATED reported in its quarterly report filed 2012-11-14 (fiscal Q3 2012): 35 published measures, 85 facts as tagged in accession 0001104659-12-077893.

This filing

Form
10-Q (quarterly report)
Filed
2012-11-14
Fiscal period
fiscal Q3 2012
Accession
0001104659-12-077893 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All NORTECH SYSTEMS INCORPORATED filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2012-09-3044,421,114USD
At 2011-12-3146,782,143USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2012-09-3023,561,425USD
At 2011-12-3126,276,350USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2012-09-3020,859,689USD
At 2011-12-3120,505,793USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2010-12-31230,582USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2012-07-01 to 2012-09-30105,165USD92
2012-01-01 to 2012-09-30353,896USD274
2011-07-01 to 2011-09-30182,865USD92
2011-01-01 to 2011-09-30955,147USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2012-01-01 to 2012-09-301,476,868USD274
2011-01-01 to 2011-09-30560,022USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2012-09-304,919,803USD
At 2011-12-314,565,907USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2012-07-01 to 2012-09-3057,000USD92
2012-01-01 to 2012-09-30192,000USD274
2011-07-01 to 2011-09-3098,000USD92
2011-01-01 to 2011-09-30435,000USD273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2012-09-309,143,005USD
At 2011-12-319,083,874USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2011-01-01 to 2011-09-3023,792USD273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2012-07-01 to 2012-09-30328,671USD92
2012-01-01 to 2012-09-30975,688USD274
2011-07-01 to 2011-09-30420,138USD92
2011-01-01 to 2011-09-301,045,934USD273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2012-09-3034,892,573USD
At 2011-12-3137,297,487USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2012-07-01 to 2012-09-30111,999USD92
2012-01-01 to 2012-09-30349,062USD274
2011-07-01 to 2011-09-30130,152USD92
2011-01-01 to 2011-09-30392,237USD273

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2012-09-3020,317,200USD
At 2011-12-3125,012,055USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2012-09-308,427,581USD
At 2011-12-3111,333,013USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2012-09-3046,301USD
At 2011-12-3161,547USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2012-09-3015,493,550USD
At 2011-12-3116,720,462USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2012-07-01 to 2012-09-302,455,369USD92
2012-01-01 to 2012-09-307,908,341USD274
2011-07-01 to 2011-09-302,868,625USD92
2011-01-01 to 2011-09-308,674,334USD273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2012-09-3017,686,322USD
At 2011-12-3119,029,593USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2012-07-01 to 2012-09-302,784,040USD92
2012-01-01 to 2012-09-308,884,029USD274
2011-07-01 to 2011-09-303,288,763USD92
2011-01-01 to 2011-09-309,720,268USD273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2012-09-302,742,992shares
At 2011-12-312,742,992shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2012-09-3015,725,392USD
At 2011-12-3115,725,392USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2012-09-30-62,936USD
At 2011-12-31-62,936USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2012-09-30339,235USD
At 2011-12-31339,235USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2012-09-30142,983USD
At 2011-12-31180,378USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2012-07-01 to 2012-09-301,463,074USD92
2012-01-01 to 2012-09-304,675,422USD274
2011-07-01 to 2011-09-301,967,776USD92
2011-01-01 to 2011-09-305,972,692USD273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2012-01-01 to 2012-09-301,382,757USD274
2011-01-01 to 2011-09-301,446,212USD273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2012-07-01 to 2012-09-30-54,507USD92
2012-01-01 to 2012-09-30-80,730USD274
2011-07-01 to 2011-09-30-9,121USD92
2011-01-01 to 2011-09-30-55,165USD273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2012-07-01 to 2012-09-30-166,506USD92
2012-01-01 to 2012-09-30-429,792USD274
2011-07-01 to 2011-09-30-139,273USD92
2011-01-01 to 2011-09-30344,213USD273

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2012-01-01 to 2012-09-30-80,000USD274
2011-01-01 to 2011-09-30185,000USD273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2012-01-01 to 2012-09-30293,740USD274
2011-01-01 to 2011-09-30386,612USD273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2012-01-01 to 2012-09-30116,155USD274

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2012-01-01 to 2012-09-30-1,226,912USD274
2011-01-01 to 2011-09-30198,970USD273

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2012-01-01 to 2012-09-30-1,343,271USD274
2011-01-01 to 2011-09-305,287,685USD273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2012-01-01 to 2012-09-30-2,905,432USD274
2011-01-01 to 2011-09-301,220,948USD273

Inspect the source

Entity
NORTECH SYSTEMS INCORPORATED / CIK 0000722313
Captured
2026-09-19T14:59:55.146Z
SEC response SHA-256
82372088a9ad5ad85f5b6447d5a8b9fd2d3b7c09289a36b589756b4998faa5a6

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000722313.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))