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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Jul. 28, 2012
Jan. 31, 2012
CURRENT ASSETS    
Cash and Cash Equivalents $ 11,149,600 $ 11,703,621
Securities Available for Sale 11,366,388 11,335,924
Accounts Receivable, net 11,577,674 11,800,481
Inventories 13,946,054 14,128,599
Deferred Tax Assets 2,388,132 2,618,578
Line of Credit Receivable 300,000  
Prepaid Expenses and Other Current Assets 962,769 891,047
Total Current Assets 51,690,617 52,478,250
PROPERTY, PLANT AND EQUIPMENT 38,070,527 37,876,071
Less Accumulated Depreciation (27,307,352) (26,705,341)
Property, Plant and Equipment, net 10,763,175 11,170,730
OTHER ASSETS    
Goodwill 2,336,721 2,336,721
Notes Receivable 907,200 969,700
Other 106,167 106,735
Total Other Assets 3,350,088 3,413,156
TOTAL ASSETS 65,803,880 67,062,136
CURRENT LIABILITIES    
Accounts Payable 2,142,600 2,540,116
Accrued Compensation 2,456,958 3,228,728
Other Accrued Expenses 1,565,168 1,807,675
Deferred Revenue 566,525 623,223
Income Taxes Payable 85,235 72,725
Total Current Liabilities 6,816,486 8,272,467
Deferred Tax Liabilities 1,774,568 1,894,104
Other Long Term Liabilities 858,661 1,232,699
TOTAL LIABILITIES 9,449,715 11,399,270
SHAREHOLDERS' EQUITY    
Common Stock, $.05 Par Value, Authorized 13,000,000 shares; Issued 9,003,189 and 8,956,488 shares at July 28, 2012 and January 31, 2012, respectively 450,164 447,829
Additional Paid-In Capital 38,304,635 37,964,204
Retained Earnings 28,701,885 27,919,367
Treasury Stock, at Cost, 1,563,214 and 1,542,276 shares at July 28, 2012 and January 31, 2012, respectively (10,966,237) (10,789,805)
Accumulated Other Comprehensive Income (136,282) 121,271
Total Shareholders' Equity 56,354,165 55,662,866
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 65,803,880 $ 67,062,136