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CONDENSED BALANCE SHEETS (Unaudited) (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash $ 3,604,047 $ 878,200
Accounts receivable, net 8,719,108 4,285,570
Costs and estimated earnings in excess of billings on uncompleted Contracts 88,717,666 79,010,362
Deferred income taxes 257,000 257,000
Prepaid expenses and other current assets 681,595 662,326
Total current assets 101,979,416 85,093,458
Plant and equipment, net 3,079,313 2,629,569
Deferred income taxes 1,162,000 1,105,000
Other assets 108,080 112,080
Total Assets 106,328,809 88,940,107
Current Liabilities:    
Accounts payable 9,211,509 11,998,244
Accrued expenses 225,358 994,398
Current portion of long-term debt 1,749,487 887,380
Line of credit 14,600,000 16,100,000
Income tax payable 3,653,070 2,802,000
Deferred income taxes 125,000 125,000
Total current liabilities 29,564,424 32,907,022
Long-term debt, net of current portion 4,000,716 889,239
Deferred income taxes 660,000 660,000
Other liabilities 551,418 457,639
Total Liabilities 34,776,558 34,913,900
Shareholders' Equity:    
Common stock - $.001 par value; authorized 50,000,000 shares, issued 7,007,719 and 7,079,638 shares, respectively, and outstanding 7,007,719 and 6,946,381 shares, respectively 8,158 7,080
Additional paid-in capital 47,148,011 35,346,273
Retained earnings 24,450,190 19,834,852
Accumulated other comprehensive loss (54,108) (21,772)
Treasury stock, 0 and 133,257 shares, respectively (at cost) 0 (1,140,226)
Total Shareholders' Equity 71,552,251 54,026,207
Total Liabilities and Shareholders' Equity $ 106,328,809 $ 88,940,107