XML 29 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Balance Sheets(Unaudited) (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash$ 5,991,628$ 4,293,746
Short-term investments, including certificates of deposit336,0001,621,593
Accounts receivable-trade, net of allowance for doubtful accounts of $85,000 and $147,000 in 2011 and 2010, respectively1,539,2291,253,639
Inventory20,551,28720,236,028
Prepaid income taxes4,7650
Deferred income taxes293,351307,509
Other current assets1,450,8671,056,201
Total current assets30,167,12728,768,716
PROPERTY AND EQUIPMENT, at cost14,955,48214,390,662
Less accumulated depreciation and amortization(4,475,331)(4,106,121)
[PropertyPlantAndEquipmentNet]10,480,15110,284,541
GOODWILL984,344990,368
OTHER INTANGIBLES, net of accumulated amortization of $527,000 and $495,000 in 2011 and 2010, respectively198,693232,416
Other assets342,169319,533
[Assets]42,172,48440,595,574
CURRENT LIABILITIES:  
Accounts payable-trade1,844,9201,247,821
Accrued expenses and other liabilities3,425,7164,893,236
Income taxes payable0554,380
Current maturities of long-term debt202,500202,500
Total current liabilities5,473,1366,897,937
DEFERRED INCOME TAXES892,311628,543
LONG-TERM DEBT, net of current maturities3,155,6253,307,500
STOCKHOLDERS' EQUITY:  
Preferred stock, $0.10 par value; 20,000,000 shares authorized; none issued or outstanding; attributes to be determined on issuance00
Common stock, $0.0024 par value; 25,000,000 shares authorized; 11,150,065 shares issued at 2011 and 2010; 10,156,442 shares outstanding at 2011 and 201026,76026,760
Paid-in capital5,736,5435,703,387
Retained earnings29,485,37326,429,335
Treasury stock at cost (993,623 shares at 2011 and 2010)(2,894,068)(2,894,068)
Accumulated other comprehensive income296,804496,180
Total stockholders' equity32,651,41229,761,594
[LiabilitiesAndStockholdersEquity]$ 42,172,484$ 40,595,574