XML 28 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Balance Sheets (USD $)
Aug. 31, 2011
Feb. 28, 2011
Current Assets:  
Cash and cash equivalents$ 2,065,862$ 1,683,801
Marketable Securities251,842249,100
Accounts receivable (less allowance of $32,000 and $26,000 at August 31 and February 28, respectively)939,877976,339
Inventories2,667,4741,868,144
Prepaid expenses and other current assets171,935131,404
Total current assets6,096,9904,908,788
Land250,000250,000
Buildings, net2,258,4272,280,175
Equipment, furnishings and leasehold improvements (less accumulated depreciation of $1,947,089 and $1,834,560 at August 31 and February 28, respectively)395,152414,210
Intangible assets, net80,16779,150
Other assets6,5426,542
TOTAL ASSETS9,087,2787,938,865
Current Liabilities:  
Accounts payable778,907643,315
Accrued expenses453,346507,517
Customer deposits542,245373,577
Current maturities of long term debt119,45762,247
Total current liabilities1,893,9551,586,656
Long term debt, less current maturities2,174,3862,035,579
Total liabilities4,068,3413,622,235
Commitments and Contingencies  
Stockholders’ Equity  
Common stock, $.01 par value; 25,000,000 shares authorized, 14,442,211 and 14,437,511 shares issued and outstanding, respectively at August 31 and February 28144,423144,416
Additional paid-in capital8,625,3028,599,122
Accumulated deficit(3,750,788)(4,426,908)
Total stockholders’ equity5,018,9374,316,630
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 9,087,278$ 7,938,865