UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

þ		QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended July 3, 2010

or

o		TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                      to                     

Commission file number 1-13970

CHROMCRAFT REVINGTON, INC.

(Exact name of registrant as specified in its charter)

Delaware		35-1848094
(State or other jurisdiction of incorporation or organization)		(IRS Employer Identification No.)

1330 Win Hentschel Blvd., Ste. 250, West Lafayette, IN 47906

(765) 807-2640

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer o		Accelerated filer o		Non-accelerated filer o		Smaller reporting company þ
				(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No þ

The number of shares outstanding for each of the registrant’s classes of common stock, as of the latest practicable date:

Common Stock, $.01 par value — 6,389,393 as of August 6, 2010

 

 

INDEX

		Page
		Number
PART I. Financial Information
Item 1. Financial Statements (unaudited)
Condensed Consolidated Statements of Operations — Three and Six Months Ended July 3, 2010 and July 4, 2009			3
Condensed Consolidated Balance Sheets — July 3, 2010 and December 31, 2009			4
Condensed Consolidated Statements of Cash Flows — Six Months Ended July 3, 2010 and July 4, 2009			5
Condensed Consolidated Statement of Stockholders’ Equity — Six Months Ended July 3, 2010			6
Notes to Condensed Consolidated Financial Statements			7
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations			10
Item 3. Quantitative and Qualitative Disclosures About Market Risk			14
Item 4. Controls and Procedures			14
PART II. Other Information
Item 6. Exhibits			15
SIGNATURES			16
Exhibit 10.23
Exhibit 10.34
Exhibit 10.90
Exhibit 10.91
Exhibit 10.92
Exhibit 10.97
Exhibit 10.98
Exhibit 31.1
Exhibit 31.2
Exhibit 32.1

PART I. Financial Information

Item 1. Financial Statements

Condensed Consolidated Statements of Operations (unaudited)

Chromcraft Revington, Inc.

(In thousands, except per share data)

		Three Months Ended								Six Months Ended
		July 3,				July 4,				July 3,				July 4,
		2010				2009				2010				2009
Sales		$	14,008			$	14,598			$	27,915			$	31,251
Cost of sales			11,339				12,923				22,540				28,494
Gross margin			2,669				1,675				5,375				2,757
Selling, general and administrative expenses			3,937				4,061				7,548				8,218
Operating loss			(1,268	)			(2,386	)			(2,173	)			(5,461	)
Interest expense, net			(75	)			(78	)			(150	)			(155	)
Net loss		$	(1,343	)		$	(2,464	)		$	(2,323	)		$	(5,616	)
Basic and diluted loss per share of common stock		$	(.29	)		$	(.53	)		$	(.50	)		$	(1.22	)
Shares used in computing loss per share			4,685				4,613				4,676				4,603

See accompanying notes to condensed consolidated financial statements.

Condensed Consolidated Balance Sheets (unaudited)

Chromcraft Revington, Inc.

(In thousands)

		July 3,				December 31,
		2010				2009
Assets
Cash and cash equivalents		$	6,489			$	3,636
Accounts receivable, less allowance of $450 in 2010 and 2009			7,500				7,661
Refundable income taxes			—				6,578
Inventories			13,263				13,294
Prepaid expenses and other			1,218				990
Current assets			28,470				32,159
Property, plant and equipment, net			7,956				8,293
Other assets			570				667
Total assets		$	36,996			$	41,119
Liabilities and Stockholders’ Equity
Accounts payable		$	2,620			$	3,364
Accrued liabilities			2,736				3,905
Current liabilities			5,356				7,269
Deferred compensation			524				599
Other long-term liabilities			1,685				1,669
Total liabilities			7,565				9,537
Stockholders’ equity			29,431				31,582
Total liabilities and stockholders’ equity		$	36,996			$	41,119

See accompanying notes to condensed consolidated financial statements.

Condensed Consolidated Statements of Cash Flows (unaudited)

Chromcraft Revington, Inc.

(In thousands)

		Six Months Ended
		July 3,				July 4,
		2010				2009
Operating Activities
Net loss		$	(2,323	)		$	(5,616	)
Adjustments to reconcile net loss to net cash provided by operating activities
Depreciation and amortization expense			472				526
Non-cash share based and ESOP compensation expense			172				68
Provision for doubtful accounts			43				314
Non-cash inventory write-downs			221				576
Non-cash asset impairment charges			—				3
Changes in operating assets and liabilities
Accounts receivable			118				3,029
Refundable income taxes			6,578				—
Inventories			(190	)			5,920
Prepaid expenses and other			(228	)			(143	)
Accounts payable and accrued liabilities			(1,913	)			(2,753	)
Long-term liabilities and assets			38				(123	)
Cash provided by operating activities			2,988				1,801
Investing Activities
Capital expenditures			(135	)			(105	)
Proceeds on disposal of assets			—				487
Cash provided by (used in) investing activities			(135	)			382
Change in cash and cash equivalents			2,853				2,183
Cash and cash equivalents at beginning of the period			3,636				879
Cash and cash equivalents at end of the period		$	6,489			$	3,062

See accompanying notes to condensed consolidated financial statements.

Condensed Consolidated Statement of Stockholders’ Equity (unaudited)

Chromcraft Revington, Inc.

Six Months Ended July 3, 2010
(In thousands, except share data)

										Capital in				Unearned																Total
		Common Stock								Excess of				ESOP				Retained				Treasury Stock								Stockholders’
		Shares				Amount				Par Value				Shares				Earnings				Shares				Amount				Equity
Balance at January 1, 2010			7,947,923			$	80			$	17,085			$	(14,679	)		$	50,256				(1,819,154	)		$	(21,160	)		$	31,582
ESOP compensation expense			—				—				(256	)			339				—				—				—				83
Issuance of restricted stock awards			260,624				2				(2	)			—				—				—				—				—
Share based compensation			—				—				89				—				—				—				—				89
Net loss			—				—				—				—				(2,323	)			—				—				(2,323	)
Balance at July 3, 2010			8,208,547			$	82			$	16,916			$	(14,340	)		$	47,933				(1,819,154	)		$	(21,160	)		$	29,431

See accompanying notes to condensed consolidated financial statements.

Notes to Condensed Consolidated Financial Statements (unaudited)

Chromcraft Revington, Inc.

Note 1. Basis of Presentation

The accompanying unaudited condensed consolidated financial statements include the accounts of Chromcraft Revington, Inc. and its wholly-owned subsidiaries (together, the “Company”) and have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and the requirements of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statement presentation.

In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the six month period ended July 3, 2010 are not necessarily indicative of the results that may be expected for the year ending December 31, 2010.

The balance sheet at December 31, 2009 has been derived from the audited financial statements at that date but does not include all information and footnotes required by generally accepted accounting principles for complete financial statements.

The interim financial statements contained in this report should be read in conjunction with the audited consolidated financial statements and footnotes thereto included in Chromcraft Revington’s annual report on Form 10-K for the year ended December 31, 2009.

The Company has made certain reclassifications to the 2009 Consolidated Financial Statements in order to conform to the 2010 presentation.

Note 2. Cash and Cash Equivalents

The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.

Note 3. Inventories

Inventories at July 3, 2010 and December 31, 2009 consisted of the following:

		(In thousands)
		July 3,				December 31,
		2010				2009
Raw materials		$	3,965			$	4,364
Work-in-process			1,145				903
Finished goods			8,153				8,027
		$	13,263			$	13,294

Inventory reserves decreased $424,000, on a net basis, in the six months ended July 3, 2010, primarily attributable to a reduction of slow moving and unprofitable products.

Note 4. Property, Plant and Equipment

Property, plant and equipment at July 3, 2010 and December 31, 2009 consisted of the following:

		(In thousands)
		July 3,				December 31,
		2010				2009
Land		$	324			$	324
Buildings and improvements			18,438				18,438
Machinery and equipment			23,178				23,069
Leasehold improvements			769				711
Construction in progress			352				384
			43,061				42,926
Less accumulated depreciation and amortization			(35,105	)			(34,633	)
		$	7,956			$	8,293

Construction in progress includes the capitalized costs for a new information technology system carried at net realizable value based on management’s expectation of the potential use and benefits from the system. The timing of any future expenditures on the system is uncertain and is being evaluated by management.

Note 5. Accrued Liabilities

Accrued liabilities at July 3, 2010 and December 31, 2009 consisted of the following:

		(In thousands)
		July 3,				December 31,
		2010				2009
Employee-related benefits		$	692			$	1,043
Property tax			233				483
Commissions			285				317
Compensation related			85				441
Other accrued liabilities			1,441				1,621
		$	2,736			$	3,905

Note 6. Bank Debt

The Company has a revolving loan facility with a bank (“Bank Facility”) that allows it to borrow up to $30,000,000 based on eligible accounts receivable and inventories. The interest rate under the Bank Facility is determined based, at the Company’s option, on either the bank’s prime rate or the London Interbank Offered Rate (LIBOR). The Bank Facility is secured by substantially all of the assets of the Company and expires in 2012.

At July 3, 2010, the Company had approximately $8,024,000 in unused availability under the Bank Facility, which reflects a $500,000 reduction for a letter of credit outstanding in connection with a self-insured workers’ compensation program. Certain covenants and restrictions, including a fixed charge coverage ratio as defined in the loan agreement, will become effective if availability under the Bank Facility is less than $5,000,000. The Company did not comply with the fixed charge coverage ratio at July 3, 2010; however, the Company’s availability under the Bank Facility exceeded $5,000,000 at July 3, 2010 and, accordingly, the covenant regarding this ratio did not apply at the end of the second quarter of 2010.

Note 7. Employee Stock Ownership Plan

Chromcraft Revington sponsors the Employee Stock Ownership and Savings Plan (the “Plan”) which consists of the following two components: (i) a leveraged employee stock ownership plan qualified under Section 401(a) of the Internal Revenue Code (the “Code”) which is designed to invest primarily in Company stock (the “ESOP”); and (ii) a qualified cash or deferred compensation arrangement under Code Section 401(k) (the “401(k) Plan”). The Plan covers substantially all employees who have completed six months of service with the Company. For the plan year ended December 31, 2009, the Company’s matching contribution with respect to participants’ pre-tax contributions to the 401(k) Plan was made to the ESOP in the second quarter of 2010. The Company matching contribution with respect to participants’ pre-tax contributions to the 401(k) Plan for the plan year ending December 31, 2010 is expected to be made to the ESOP.

When the Plan was established, Chromcraft Revington loaned $20,000,000 to the ESOP Trust to finance the ESOP’s purchase of common stock of the Company. The loan to the ESOP Trust provides for repayment to Chromcraft Revington over a 30-year term at a fixed rate of interest of 5.48% per annum. Chromcraft Revington makes annual contributions to the ESOP Trust equal to the ESOP Trust’s repayment obligation under the loan to the ESOP from the Company. The shares of common stock owned by the ESOP Trust are pledged to the Company as collateral for the Company’s loan to the ESOP Trust. As the ESOP loan is repaid, shares are released from collateral and allocated to ESOP accounts of active employees based on the proportion of total debt service paid in the year. Unearned ESOP shares are reported as a reduction of stockholders’ equity as reflected in the Consolidated Statement of Stockholders’ Equity of the Company. As shares are committed to be released, Chromcraft Revington reports compensation expense equal to the current market price of the shares, and the shares become outstanding for earnings per share computations. ESOP compensation expense, a non-cash charge, for the three and six months ended July 3, 2010 was $41,000 and $83,000, respectively, compared to $39,000 and $80,000, respectively for the prior year periods.

ESOP shares at July 3, 2010 and December 31, 2009, respectively, consisted of the following:

		(In thousands)
		July 3,				December 31,
		2010				2009
Allocated ESOP shares			272				240
Unearned ESOP shares			1,434				1,468
Total ESOP shares			1,706				1,708
Unearned ESOP shares, at cost		$	14,340			$	14,679
Fair value of unearned ESOP shares		$	3,313			$	3,347

Note 8. Income Taxes

At July 3, 2010 and December 31, 2009, the Company maintained a full valuation allowance against the entire net deferred income tax balance after considering relevant factors, including recent operating results, the likelihood of the utilization of net operating loss tax carryforwards, and the ability to generate future taxable income. The Company expects to maintain a full valuation allowance on its entire net deferred tax assets in 2010, resulting in an effective tax rate of zero for the three and six months ended July 3, 2010.

Note 9. Loss per Share of Common Stock

Due to the net loss in the three and six months ended July 3, 2010 and July 4, 2009, loss per share, basic and diluted, are the same, as the effect of potential issuances of common stock would be antidilutive.

Note 10. Recently Issued Accounting Standards

There have been no recent accounting standards or changes in accounting standards during the six months ended July 3, 2010, that are of significance, or potential significance to the Company, as compared to the recent accounting standards described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2009.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Overview

The Company is experiencing reduced demand for its products as a result of weak consumer confidence and housing activity primarily due to the effects of the economic downturn. Additionally, sales have declined due to the discontinuation of certain low margin products in 2009 and the globalization of the furniture industry. We expect that the current economic environment for consumers will continue to be challenging through the remainder of 2010.

We have repositioned our residential furniture product line in an effort to improve profitability by introducing better value imports, utilizing a product licensing arrangement for marketing support, and replacing unprofitable and slow moving items offered in our product line with higher velocity items to improve customer service. We have moved away from a high cost manufacturing model to global sourcing with lower costs.

We continue to review and cut operating costs to be in line with our current revenue base as the Company completes its business transition in 2010. The Company’s new business model is expected to result in a more variable cost structure and provide greater flexibility in competing in the furniture industry. A prolonged economic downturn could cause outcomes to differ materially from those expected above.

Results of Operations

The following table sets forth the Condensed Consolidated Statements of Operations of Chromcraft Revington for the three and six months ended July 3, 2010 and July 4, 2009 expressed as a percentage of sales.

		Three Months Ended								Six Months Ended
		July 3,				July 4,				July 3,				July 4,
		2010				2009				2010				2009
Sales			100.0	%			100.0	%			100.0	%			100.0	%
Cost of sales			81.0				88.5				80.8				91.2
Gross margin			19.0				11.5				19.2				8.8
Selling, general and administrative expenses			28.1				27.8				27.0				26.3
Operating loss			(9.1	)			(16.3	)			(7.8	)			(17.5	)
Interest expense			(0.5	)			(0.6	)			(0.5	)			(0.5	)
Net loss			(9.6	)%			(16.9	)%			(8.3	)%			(18.0	)%

Consolidated sales for the three and six months ended July 3, 2010 of $14,008,000 and $27,915,000, respectively, represented a 4.0% and 10.7% decrease, respectively, from the same periods last year. Shipments of residential furniture were lower as compared to the prior year periods primarily due to weak consumer confidence and housing activity reflecting the effects of the economic downturn; restructuring activities in 2009 including the elimination of slow moving and unprofitable products; and import competition. Commercial furniture shipments were higher in the three and six months ended July 3, 2010 as compared to the prior year periods primarily due to an increase in shipments of seating products. The consolidated sales decrease for 2010 was primarily due to lower unit volume.

Gross margin for the three month and six months ended July 3, 2010 was $2,669,000 and $5,375,000, respectively, as compared to $1,675,000 and $2,757,000, respectively, for the prior year periods. The higher gross margin in 2010 reflected our transition to a more variable cost global sourcing model and a favorable product sales mix in 2010 compared to the prior year periods. Gross margin for the six months ended July 4, 2009 was negatively impacted by unabsorbed fixed overhead and restructuring expenses related to a plant shutdown. Gross margin for the second quarter of 2010 included $69,000 of inventory write-downs as compared to $413,000 in the prior year period primarily to reflect slow moving and unprofitable products and excess inventory.

Selling, general and administrative expenses decreased $124,000 and $670,000 in the three and six months ended July 3, 2010, respectively, compared to the same periods last year. The decrease in selling, general and administrative expenses for the three months ended July 3, 2010 compared to the same period in 2009 was primarily due to a decrease in bad debt expense. The decrease in selling general and administrative expense for the first half of 2010 compared to the prior year period is primarily due to lower professional fees and bad debt expense. Selling, general and administrative expenses for the six months ended July 4, 2009 included a first quarter reduction of accrued severance benefits of $334,000 resulting from revisions to severance agreements with two former executives which reduced the amounts payable to them.

The Company completed its restructuring activities, which began in 2008, during the second quarter of 2009; therefore, no restructuring charges were incurred during the six months ended July 3, 2010. During the six months ended July 4, 2009, the Company recorded restructuring charges as cost of goods sold of $330,000, and a net credit to selling, general and administrative expenses of $224,000.

Net interest expense, which includes Bank Facility fees, was $75,000 and $150,000, respectively, for the three and six months ended July 3, 2010 as compared to $78,000 and $155,000, respectively, in the prior year periods.

At December 31, 2009 and 2008, the Company maintained a full valuation allowance against the entire net deferred income tax balance after considering relevant factors, including recent operating results, the likelihood of the utilization of net operating loss carryforwards, and the ability to generate future taxable income. The Company expects to maintain a full valuation allowance on its entire net deferred tax assets at December 31, 2010, resulting in an effective tax rate of zero for the quarter and six months ended July 3, 2010 and the prior year periods.

Financial Condition, Liquidity and Capital Resources

Cash increased by $2,853,000 at July 3, 2010 as compared to December 31, 2009 primarily due to the receipt of a federal income tax refund in the first quarter of 2010, partially offset by the cash loss from operations and a reduction in current liabilities. Working capital, excluding cash, decreased by $4,629,000 in the six months ended July 3, 2010 primarily due to a decrease in refundable income taxes, partially offset by lower accounts payable and accrued liabilities.

Operating activities of the Company provided $2,988,000 of cash for the six months ended July 3, 2010 as compared to $1,801,000 of cash provided in the prior year period. The higher cash flow from operating activities in 2010 was primarily due to the receipt of a federal income tax refund of $6,578,000 and a reduced cash loss in the first six months of 2010, partially offset by lower cash generated from working capital reductions as compared to the prior year period.

Investing activities used cash of $135,000 for the six months ended July 3, 2010 as compared to $382,000 of cash generated in the prior year period. Investing activities in 2009 include cash received from the sale of idled machinery and equipment from restructuring activities of $487,000. The Company used cash of $135,000 for capital expenditures during the first six months of 2010, as compared to $105,000 spent in the prior year period. In 2010, the Company expects to spend approximately $500,000 for capital expenditures.

At July 3, 2010, the Company had cash and cash equivalents of $6,489,000 and approximately $8,024,000 in availability under its Bank Facility based on eligible accounts receivable and inventories. There were no borrowings outstanding under the Bank Facility at the end of the second quarter of 2010. The Bank Facility expires in 2012 and is secured by substantially all of the assets of the Company. Certain covenants and restrictions, including a fixed charge coverage ratio as defined in the bank loan agreement, will become effective if availability under the Bank Facility is less than $5,000,000. The Company did not comply with the fixed charge coverage ratio at July 3, 2010; however, the Company’s availability under the Bank Facility exceeded $5,000,000 at July 3, 2010 and, accordingly, the covenant regarding this ratio did not apply at the end of the second quarter of 2010. The Company expects to have availability under the Bank Facility in excess of $5,000,000 during the remainder of 2010.

The Company’s ability to borrow under the Bank Facility is dependent upon a borrowing base calculation consisting of eligible accounts receivable and inventories, as well as compliance with the terms of the Bank Facility. While the Company expects to comply with the Bank Facility, in the event that it is in default, the bank could declare all obligations then outstanding to be immediately due, terminate the Bank Facility extended to the Company and take certain other actions as a secured creditor, which could adversely affect the Company’s liquidity and business.

Among the provisions of the Bank Facility that the bank may consider in determining if the Company is in default is whether any change in the Company’s condition could reasonably be expected to have a material adverse effect on the business, operations, condition (financial or otherwise) or prospects of the Company or the value of any material collateral, or whether any event or circumstance impairs the ability of the Company to repay any obligations owed under the Bank Facility. If a default occurs, the Company could attempt to obtain a waiver from the bank, but there is no assurance that the bank would grant such a waiver.

The Company believes that its cash and availability under its Bank Facility will be adequate to meet its short term liquidity requirements. The Company has implemented expense controls and limitations on capital expenditures to conserve cash during the current economic downturn. We will need to increase sales and generate cash flow from operations in future periods in order to meet our long term liquidity needs. In the absence of adequate cash flow from operations in the future, we may need to further restrict expenditures, sell assets, or seek additional business funding.

Recently Issued Accounting Standards

There have been no recent accounting standards or changes in accounting standards during the six months ended July 3, 2010, that are of significance, or potential significance to the Company, as compared to the recent accounting standards described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2009.

Forward-Looking Statements

Certain information and statements contained in this report, including, without limitation, in the section captioned “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be generally identified as such because they include future tense or dates, or are not historical or current facts, or include words such as “believes,” “may,” “expects,” “intends,” “plans,” “anticipates,” or words of similar import. Forward-looking statements are not guarantees of performance or outcomes and are subject to certain risks and uncertainties that could cause actual results or outcomes to differ materially from those reported, expected, or anticipated as of the date of this report.

Among the risks and uncertainties that could cause actual results or outcomes to differ materially from those reported, expected or anticipated are general economic conditions, including the impact of the current recession in the U.S. and elsewhere; import and domestic competition in the furniture industry; ability of the Company to execute its business strategies, implement its new business model and successfully complete its business transition; our ability to grow sales and reduce expenses to eliminate our operating loss; our ability to sell the right product mix; supply disruptions with products manufactured in China and other Asian countries; continued credit availability under the Company’s Bank Facility; market interest rates; consumer confidence levels; cyclical nature of the furniture industry; consumer and business spending; changes in relationships with customers; customer acceptance of existing and new products; new home and existing home sales; financial viability of the Company’s customers and their ability to continue or increase product orders; loss of key management; and other factors that generally affect business; and certain risks set forth in our annual report on Form 10-K for the year ended December 31, 2009.

We do not undertake any obligation to update or revise publicly any forward-looking statements to reflect information, events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events or circumstances.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

The Company had no bank indebtedness in the first six months of 2010 and, therefore, no interest rate risk.

The Company sources certain raw materials and finished furniture, primarily from China. These purchases are fixed-price contracts and other arrangements payable in U.S. dollars and, therefore, the Company has no material foreign currency exchange rate risk exposure. The Company does not utilize foreign currency hedging instruments.

Item 4. Controls and Procedures

Chromcraft Revington’s principal executive officer and principal financial officer have concluded, based upon their evaluation, that the Company’s disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended), were effective as of the end of the period covered by this Form 10-Q.

There were no changes in Chromcraft Revington’s internal control over financial reporting that occurred during the second quarter of 2010 that may have materially affected, or are reasonably likely to materially affect, Chromcraft Revington’s internal control over financial reporting.

PART II. Other Information

Item 6. Exhibits

	3.1			Certificate of Incorporation of the Registrant, as amended, filed as Exhibit 3.1 to Form S-1, registration number 33-45902, as filed with the Securities and Exchange Commission on February 21, 1992, is incorporated herein by reference.
	3.2			By-laws of the Registrant, as amended, filed as Exhibit 3.2 to Form 8-K, as filed with the Securities and Exchange Commission on October 16, 2009, is incorporated herein by reference.
	10.23			Chromcraft Revington, Inc. Employee Stock Ownership and Savings Plan – ESOP Component Trust, dated May 13, 2010 by and between the Registrant and Reliance Trust Company (as successor Trustee) (filed herewith).
	10.34			Amendment No. 3 to the Term Loan and Security Agreement, dated May 13, 2010, by and between the Registrant and Reliance Trust Company (as successor Trustee) (filed herewith).
	10.90			Restricted Stock Award Agreement, dated July 30, 2010 between the Registrant and Ronald H. Butler (filed herewith).
	10.91			Employment Agreement, dated April 23, 2007 between the Registrant and William B. Massengill (filed herewith).
	10.92			Form of Award Letter regarding short-term incentive cash bonus opportunity under the 2007 Executive Incentive Plan (filed herewith).
	10.97			Form of Performance Share and Restricted Stock Award Agreement under the 2007 Executive Incentive Plan (filed herewith).
	10.98			Form of Restricted Stock Award Agreement under the Directors’ Stock Plan (filed herewith).
	31.1			Certification of Chief Executive Officer required pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
	31.2			Certification of Vice President — Finance and Principal Financial Officer required pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 302 of the Sarbanes-Oxley Act of 2002 (filed herewith).
	32.1			Certifications of Chief Executive Officer and Vice President — Finance and Principal Financial Officer required pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002 (filed herewith).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Chromcraft Revington, Inc. has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.