secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA PRO TECH LTD (APT)
CIK:        0000884269
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001437749-21-025205
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpha Pro Tech Q3 rev down 52% to $14.5M, EPS $0.06; Building Supply segment record $10.1M
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- Net sales of $14.5M, down 51.8% YoY; net income of $766K ($0.06 diluted EPS) vs $8.1M ($0.58) in Q3 2020.
- Building Supply segment sales increased 31.4% to a record $10.1M; synthetic roof underlayment up 35.9%, housewrap up 25.7%.
- Disposable Protective Apparel segment sales fell 80.3% to $4.4M as mask/shield sales normalized to pre-pandemic levels.
- Cash of $17.6M; no debt; working capital $49.7M; current ratio 17:1.
- Company repurchased 46,000 shares in Q3 for $369K; $409K remaining under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884269/000143774921025205/0001437749-21-025205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884269/000143774921025205/apt20211103_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-025205

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer