LGL Group, Inc (The)

(AMEX:LGL)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Assets
Current Assets
Cash & Equivalents	5,604	4,904	5,510	5,233
Restricted Cash	—	—	—	—
Marketable Securities	21	33	39	48
Accounts Receivable	6,065	6,026	6,145	6,382
Loans Receivable	—	—	—	—
Other Receivable	—	—	—	—
Receivables	6,065	6,026	6,145	6,382
Raw Materials	2,992	2,550	2,410	2,306
Work in Progress	1,505	1,621	1,582	1,498
Purchased Components	—	—	—	—
Finished Goods	1,231	1,291	1,268	1,377
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	—	—	—
Inventories	5,728	5,462	5,260	5,181
Prepaid Expenses	269	193	397	381
Current Deferred Income Taxes	—	—	—	—
Other Current Assets	—	4	4	5
Total Current Assets	17,687	16,622	17,355	17,230
Land and Improvements	698	698	698	698
Building and Improvements	5,043	5,028	5,028	5,020
Machinery Furniture and Equipment	12,697	12,586	12,537	12,541
Construction in Progress	—	—	—	—
Other Fixed Assets	—	—	—	—
Total Fixed Assets	18,438	18,312	18,263	18,259
Gross Fixed Assets	18,438	18,312	18,263	18,259
Accumulated Depreciation and Depletion	13,862	13,676	13,420	13,196
Net Fixed Assets	4,576	4,636	4,843	5,063
Intangibles	—	—	—	—
Cost in Excess	—	—	—	—
Non Current Deferred Income Taxes	111	111	111	111
Other Non Current Assets	415	435	420	472
Total Non Current Assets	5,102	5,182	5,374	5,646
Total Assets	22,789	21,804	22,729	22,876
Liabilities
Current Liabilities
Accounts Payable	2,541	2,506	2,172	2,535
Notes Payable	2,074	1,346	1,621	1,035
Short Term Debt	411	409	403	419
Accrued Expenses	2,629	667	482	720
Accrued Liabilities	—	1,588	2,028	1,532
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	146	177	367	231
Total Current Liabilities	7,801	6,693	7,073	6,472
Non Current Liabilities
Long Term Debt	3,748	3,852	3,954	4,035
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	—	—	—	—
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	11,549	10,545	11,027	10,507
Total Liabilities	3,748	3,852	3,954	4,035
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	11,240	11,259	11,702	12,369
Common Par	22	22	22	22
Additional Paid in Capital	20,763	20,815	20,868	20,921
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	-9,258	-9,229	-8,656	-8,066
Treasury Stock	-155	-235	-321	-407
Other Equity Adjustments	-132	-114	-211	-101
Total Capitalization	14,988	15,111	15,656	16,404
Cash Flow	-780	-1,256	-2,574	-1,449
Working Capital	9,886	9,929	10,282	10,758
Free Cash Flow	-628	-447	-212	-833
Invested Capital	14,988	15,111	15,656	16,404
Total Equity	11,240	11,259	11,702	12,369
Total Liabilities and Stock Equity	22,789	21,804	22,729	22,876

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Assets
Current Assets
Cash & Equivalents	5,233	4,429	5,512	2,580
Restricted Cash	—	96	650	1,125
Marketable Securities	48	2,610	2,738	3,609
Accounts Receivable	6,382	7,203	7,451	8,867
Loans Receivable	—	—	—	—
Other Receivable	—	—	902	—
Receivables	6,382	7,203	8,353	8,867
Raw Materials	2,306	3,016	2,817	2,308
Work in Progress	1,498	2,394	2,232	3,763
Purchased Components	—	—	—	—
Finished Goods	1,377	3,496	1,996	1,781
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	—	—	—
Inventories	5,181	8,906	7,045	7,852
Prepaid Expenses	381	369	461	626
Current Deferred Income Taxes	—	—	111	111
Other Current Assets	5	—	—	—
Total Current Assets	17,230	23,613	24,870	24,770
Land and Improvements	698	855	871	871
Building and Improvements	5,020	5,770	5,767	5,811
Machinery Furniture and Equipment	12,541	15,358	14,590	14,443
Construction in Progress	—	—	—	—
Other Fixed Assets	—	—	—	—
Total Fixed Assets	18,259	21,983	21,228	21,125
Gross Fixed Assets	18,259	21,983	21,228	21,125
Accumulated Depreciation and Depletion	13,196	15,218	14,025	12,669
Net Fixed Assets	5,063	6,765	7,203	8,456
Intangibles	—	—	—	—
Cost in Excess	—	—	—	—
Non Current Deferred Income Taxes	111	111	—	—
Other Non Current Assets	472	468	591	657
Total Non Current Assets	5,646	7,344	7,794	9,113
Total Assets	22,876	30,957	32,664	33,883
Liabilities
Current Liabilities
Accounts Payable	2,535	2,796	2,900	2,667
Notes Payable	1,035	2,256	2,838	5,557
Short Term Debt	419	2,027	1,215	3,842
Accrued Expenses	720	3,025	3,041	890
Accrued Liabilities	1,532	585	1,247	3,316
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	231	461	1,704	4,456
Total Current Liabilities	6,472	11,150	12,945	20,728
Non Current Liabilities
Long Term Debt	4,035	3,100	5,031	3,162
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	—	—	—	—
Other Non Current Liabilities	—	—	—	—
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	10,507	14,250	17,976	23,890
Total Liabilities	4,035	3,100	5,031	3,162
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	12,369	16,707	14,688	9,993
Common Par	22	22	22	16
Additional Paid in Capital	20,921	21,081	21,053	17,404
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	-8,066	-5,711	-6,576	-7,786
Treasury Stock	-407	-646	-646	-490
Other Equity Adjustments	-101	1,961	835	849
Total Capitalization	16,404	19,807	19,719	13,155
Cash Flow	-1,449	2,154	2,719	-2,159
Working Capital	10,758	12,463	11,925	4,042
Free Cash Flow	-833	-2,610	1,940	-9,698
Invested Capital	16,404	19,807	19,719	13,155
Total Equity	12,369	16,707	14,688	9,993
Total Liabilities and Stock Equity	22,876	30,957	32,664	33,883