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Note 7 - Accrued Expenses
12 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
7.
ACCRUED EXPENSES
 
Accrued expenses consisted of the following:
 
   
Year Ended March 31,
 
   
2017
   
2016
 
                 
Salaries, wages and related items
  $
5,398,877
    $
3,288,169
 
Profit sharing
   
413,522
     
1,769,261
 
Health insurance
   
423,680
     
353,825
 
Warranty reserves
   
164,240
     
266,455
 
Asset retirement obligation
   
562,500
     
562,500
 
Claims reserve
   
308,528
     
-
 
Taxes
   
508,615
     
353,825
 
Other deposits
   
325,000
     
-
 
Other
   
567,853
     
248,839
 
Total
  $
8,672,815
    $
6,842,874
 
 
Product warranty reserve activity is as follows:
 
   
Year Ended March 31,
 
   
2017
   
2016
 
Beginning Balance
  $
266,455
    $
231,803
 
Amounts charged to expense
   
(15,173
)    
140,768
 
Actual warranty costs paid
   
(87,042
)    
(166,916
)
Delphax acquisition
   
-
     
60,800
 
Ending Balance
  $
164,240
    $
266,455