Last10K.com

Alpha Pro Tech Ltd (APT) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, December 31, 2013

Alpha Pro Tech Ltd

CIK: 884269 Ticker: APT

Exhibit 99.1

 

 

Alpha Pro Tech 

 

 

L T D.

 

 

ALPHA PRO TECH, LTD. ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2013

 

Fourth Quarter and 2013 Net Sales Increased by 6.7%

 

Income from operations increased by 540% for the Fourth Quarter from the comparable prior year period and increased by 193% for 2013

 

 

FOR IMMEDIATE RELEASE

 

Company Contact:           

Alpha Pro Tech, Ltd.          

Al Millar/Donna Millar           

905-479-0654          

e-mail: ir@alphaprotech.com     

Investor Relations Contact:

Hayden IR

Cameron Donahue

651-653-1854

e-mail: cameron@haydenir.com

                     

For the quarter ended December 31, 2013, Disposable Protective Apparel segment sales increased by 19.3% to $3.6 million, compared to $3.0 million for the quarter ended December 31, 2012.

Net income increased by 480% for the fourth quarter from the comparable prior year period and increased by 113% for 2013.

Cash increased to $8.2 million as of December 31, 2013, from $4.6 million as of December 31, 2012.

 

Nogales, Arizona – March 5, 2014 – Alpha Pro Tech, Ltd. (NYSE MKT: APT),

a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced financial results for the fourth quarter and year ended December 31, 2013.

 

Consolidated sales for the fourth quarter of 2013 increased 6.7% to $10.5 million from $9.8 million for the comparable quarter of 2012. Sales for the Disposable Protective Apparel segment for the fourth quarter ended December 31, 2013 increased by 19.3% to $3.6 million compared to $3.0 million for the same period of 2012. Building Supply segment sales for the fourth quarter ended December 31, 2013 increased by 0.7% to $5.9 million compared to the same period of 2012. The sales mix of the Building Supply segment for the fourth quarter ended December 31, 2013 was 57% for synthetic roof underlayment, 40% for housewrap and 3% for other woven material. This compared to 66% for synthetic roof underlayment and 34% for housewrap for the fourth quarter of 2012. Infection Control segment sales for the fourth quarter ended December 31, 2013 increased by 4.3% to $1.1 million compared the same period of 2012. Mask sales were up by 8.5% to $719,000, and shield sales were down by 5.2% to $294,000.

 

 
 

The following information was filed by Alpha Pro Tech Ltd (APT) on Wednesday, March 5, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Alpha Pro Tech Ltd's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Alpha Pro Tech Ltd.

Continue

Assess how Alpha Pro Tech Ltd's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Alpha Pro Tech Ltd's Definitive Proxy Statement (Form DEF 14A) filed after their 2014 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Consolidated Balance Sheets
Consolidated Balance Sheets (parentheticals)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (parentheticals)
Consolidated Statements Of Income
Consolidated Statements Of Shareholders' Equity
Accounting Policies, By Policy (policies)
Document And Entity Information
Note 1 - The Company
Note 10 - Shareholders' Equity
Note 10 - Shareholders' Equity (details)
Note 10 - Shareholders' Equity (details) - Information About Stock Options
Note 10 - Shareholders' Equity (details) - Stock Option Activity
Note 10 - Shareholders' Equity (details) - Stock Option Valuation Assumptions
Note 10 - Shareholders' Equity (tables)
Note 11 - Income Taxes
Note 11 - Income Taxes (details)
Note 11 - Income Taxes (details) - Deferred Income Tax Assets (liabilities)
Note 11 - Income Taxes (details) - Income Tax Reconciliation
Note 11 - Income Taxes (details) - Income Tax Reconciliation (parentheticals)
Note 11 - Income Taxes (details) - Provision For Income Taxes
Note 11 - Income Taxes (details) - Unrecognized Tax Benefits
Note 11 - Income Taxes (tables)
Note 12 - Operating Lease Commitments
Note 12 - Operating Lease Commitments (details)
Note 12 - Operating Lease Commitments (details) - Future Minimum Lease Payments Required Under Non-cancelable Operating Lease
Note 12 - Operating Lease Commitments (tables)
Note 13 - Employee Benefit Plans
Note 13 - Employee Benefit Plans (details)
Note 14 - Activity Of Business Segments
Note 14 - Activity Of Business Segments (details)
Note 14 - Activity Of Business Segments (details) - Segments Reconciliation Summary
Note 14 - Activity Of Business Segments (tables)
Note 15 - Concentration Of Risk
Note 15 - Concentration Of Risk (details)
Note 15 - Concentration Of Risk (details) - Customer Concentration
Note 15 - Concentration Of Risk (tables)
Note 16 - Subsequent Events
Note 2 - Summary Of Significant Accounting Policies
Note 2 - Summary Of Significant Accounting Policies (details)
Note 2 - Summary Of Significant Accounting Policies (details) - Fair Value Of Company's Financial Assets
Note 2 - Summary Of Significant Accounting Policies (details) - Property And Equipment
Note 2 - Summary Of Significant Accounting Policies (details) - Reconciliation Of Net Income And Number Of Shares Used In Computations Of Basic And Diluted Eps
Note 2 - Summary Of Significant Accounting Policies (tables)
Note 3 - Investments
Note 3 - Investments (details)
Note 3 - Investments (details) - Available-for-sale Marketable Securities
Note 3 - Investments (details) - Investment In Common Stock Warrants
Note 3 - Investments (tables)
Note 4 - Inventories
Note 4 - Inventories (details) - Inventories
Note 4 - Inventories (tables)
Note 5 - Property And Equipment
Note 5 - Property And Equipment (details)
Note 5 - Property And Equipment (details) - Property And Equipment
Note 5 - Property And Equipment (tables)
Note 6 - Goodwill And Intangible Assets
Note 6 - Goodwill And Intangible Assets (details)
Note 6 - Goodwill And Intangible Assets (details) - Definite-lived Intangible Assets
Note 6 - Goodwill And Intangible Assets (details) - Estimated Future Amortization Expense Related To Definite-lived Intangible Assets
Note 6 - Goodwill And Intangible Assets (tables)
Note 7 - Equity Investments In And Advances To Unconsolidated Affiliate
Note 7 - Equity Investments In And Advances To Unconsolidated Affiliate (details)
Note 8 - Accrued Liabilities
Note 8 - Accrued Liabilities (details) - Accrued Liabilities
Note 8 - Accrued Liabilities (tables)
Note 9 - Notes Payable
Note 9 - Notes Payable (details)
Ticker: APT
CIK: 884269
Form Type: 10-K Annual Report
Accession Number: 0001437749-14-003563
Submitted to the SEC: Thu Mar 06 2014 2:10:38 PM EST
Accepted by the SEC: Thu Mar 06 2014
Period: Tuesday, December 31, 2013
Industry: Orthopedic Prosthetic And Surgical Appliances And Supplies

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/apt/0001437749-14-003563.htm