EASTERN CO
For the period ended Jul 4, 2026. Filed Aug 11, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 4, 2026 · Filed Aug 11, 2026
EML$29.48+8.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| July 4, 2026 | January 3, 2026 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $15,108,764 | $7,412,019 |
| Marketable Securities | 32,825 | - |
| Accounts receivable, less allowances: 2026 - $681,170; 2025 - $633,391 | 36,842,066 | 30,128,669 |
| Inventories | 65,989,520 | 56,343,756 |
| Current portion of notes receivable | 28,844 | 33,844 |
| Prepaid expenses and other current assets | 6,754,824 | 5,349,486 |
| Total Current Assets | 124,756,843 | 99,267,774 |
| Property, Plant and Equipment | 66,497,282 | 60,163,556 |
| Accumulated depreciation | (35,807,530) | (33,246,213) |
| Property, Plant and Equipment, Net | 30,689,752 | 26,917,343 |
| Goodwill | 58,666,199 | 58,631,336 |
| Trademarks | 5,082,816 | 5,082,767 |
| Patents and other intangibles, net of accumulated amortization | 4,121,143 | 5,269,204 |
| Deferred income taxes | 5,528,496 | 5,528,496 |
| Right of use assets | 16,170,708 | 15,979,696 |
| Other long term assets | 102,674 | - |
| Total Other Assets | 89,672,036 | 90,491,499 |
| TOTAL ASSETS | $245,118,631 | $216,676,616 |
CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)
| July 4, 2026 | January 3, 2026 | |
|---|---|---|
| (unaudited) | ||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities | ||
| Accounts payable | $27,192,690 | $16,426,259 |
| Accrued compensation | 5,615,457 | 4,203,720 |
| Other accrued expenses | 6,884,543 | 2,349,400 |
| Current portion of operating lease liability | 3,997,516 | 3,729,769 |
| Current portion of finance lease liability | 905,524 | 908,332 |
| Total Current Liabilities | 44,595,730 | 27,617,480 |
| Other long-term liabilities | 464,902 | 464,902 |
| Operating lease liability, less current portion | 12,173,424 | 12,235,188 |
| Finance lease liability, less current portion | 2,772,205 | 3,080,446 |
| Long-term debt, less current portion | 41,683,212 | 33,902,353 |
| Accrued postretirement benefits | 329,767 | 332,165 |
| Accrued pension cost | 13,106,148 | 14,398,753 |
| Total Liabilities | 115,125,388 | 92,031,287 |
| Shareholders’ Equity | ||
| Voting Preferred Stock, no par value: | ||
| Authorized and unissued: 1,000,000 shares | ||
| Nonvoting Preferred Stock, no par value: | ||
| Authorized and unissued: 1,000,000 shares | ||
| Common Stock, no par value, Authorized: 50,000,000 shares | 36,525,234 | 36,337,100 |
| Treasury Stock: 3,178,170 shares as of July 4, 2026 and 3,137,521 shares as of January 3, 2026 | (30,895,650) | (30,067,777) |
| Retained earnings | 142,959,790 | 137,997,382 |
| Accumulated other comprehensive loss: | ||
| Foreign currency translation | (975,778) | (1,437,363) |
| Unrealized gain on foreign currency swap, net of tax | 711,155 | 570,097 |
| Unrecognized net pension and postretirement benefit costs, net of tax | (18,331,508) | (18,754,110) |
| Accumulated other comprehensive loss | (18,596,131) | (19,621,376) |
| Total Shareholders’ Equity | 129,993,243 | 124,645,329 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $245,118,631 | $216,676,616 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.