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Condensed Consolidated Balance Sheets (USD $)
Apr. 28, 2012
Jan. 31, 2012
ASSETS    
Cash and Cash Equivalents $ 10,861,141 $ 11,703,621
Securities Available for Sale 12,286,996 11,335,924
Accounts Receivable, net 10,832,018 11,800,481
Inventories 13,823,976 14,128,599
Deferred Tax Assets 2,386,965 2,618,578
Line of Credit Receivable 300,000  
Prepaid Expenses and Other Current Assets 972,542 891,047
Total Current Assets 51,463,638 52,478,250
PROPERTY, PLANT AND EQUIPMENT 38,109,529 37,876,071
Less Accumulated Depreciation (27,072,176) (26,705,341)
Property, Plant and Equipment, net 11,037,353 11,170,730
OTHER ASSETS    
Goodwill 2,336,721 2,336,721
Notes Receivable 969,700 969,700
Other 107,134 106,735
Total Other Assets 3,413,555 3,413,156
TOTAL ASSETS 65,914,546 67,062,136
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts Payable 2,445,226 2,540,116
Accrued Compensation 2,263,514 3,228,728
Other Accrued Expenses 1,788,066 1,807,675
Deferred Revenue 582,178 623,223
Income Taxes Payable 118,770 72,725
Total Current Liabilities 7,197,754 8,272,467
Deferred Tax Liabilities 1,783,155 1,894,104
Other Long Term Liabilities 841,661 1,232,699
TOTAL LIABILITIES 9,822,570 11,399,270
SHAREHOLDERS' EQUITY    
Common Stock, $.05 Par Value, Authorized 13,000,000 shares; Issued 8,999,424 and 8,956,488 shares at April 28, 2012 and January 31, 2012, respectively 449,975 447,829
Additional Paid-In Capital 38,204,187 37,964,204
Retained Earnings 28,236,566 27,919,367
Treasury Stock, at Cost, 1,563,214 and 1,542,276 shares at April 28, 2012 and January 31, 2012, respectively (10,966,237) (10,789,805)
Accumulated Other Comprehensive Income 167,485 121,271
Total Shareholders' Equity 56,091,976 55,662,866
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 65,914,546 $ 67,062,136