XML 32 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Balance Sheets (USD $)
Jul. 30, 2011
Jan. 31, 2011
ASSETS    
Cash and Cash Equivalents $ 9,540,061 $ 7,720,135
Securities Available for Sale 10,688,536 12,910,232
Accounts Receivable, net 12,499,775 11,111,974
Inventories 13,902,781 14,404,914
Deferred Tax Assets 2,570,713 2,577,166
Prepaid Expenses and Other Current Assets 1,270,148 975,928
Total Current Assets 50,472,014 49,700,349
PROPERTY, PLANT AND EQUIPMENT 38,897,159 38,148,516
Less Accumulated Depreciation (26,452,225) (25,606,561)
Property, Plant and Equipment, net 12,444,934 12,541,955
OTHER ASSETS    
Intangible Assets, net 295,555 331,389
Goodwill 2,336,721 2,336,721
Other 109,553 88,799
Total Other Assets 2,741,829 2,756,909
TOTAL ASSETS 65,658,777 64,999,213
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts Payable 2,167,971 2,748,293
Accrued Compensation 2,153,523 2,179,448
Other Accrued Expenses 2,053,974 1,750,515
Deferred Revenue 710,600 787,988
Income Taxes Payable 328,101 36,979
Total Current Liabilities 7,414,169 7,503,223
Deferred Tax Liabilities 2,074,340 2,060,418
Other Long Term Liabilities 1,146,978 1,146,978
TOTAL LIABILITIES 10,635,487 10,710,619
SHAREHOLDERS' EQUITY    
Common Stock, $.05 Par Value, Authorized 13,000,000 shares; Issued 8,765,869 and 8,660,270 shares at July 30, 2011 and January 31, 2011, respectively 438,298 433,017
Additional Paid-In Capital 37,039,399 36,586,226
Retained Earnings 27,299,572 26,842,890
Treasury Stock, at Cost, 1,470,710 and 1,414,981 shares at July 30, 2011 and January 31, 2011, respectively (10,261,921) (9,840,052)
Accumulated Other Comprehensive Income 507,942 266,513
Total Shareholders' Equity 55,023,290 54,288,594
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 65,658,777 $ 64,999,213