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Consolidated Balance Sheets (Unaudited) (USD $)
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash $ 7,164,181 $ 7,705,182
Accounts receivable-trade, net of allowance for doubtful accounts of $36,000 and $112,000 in 2013 and 2012, respectively 934,893 822,772
Inventory 25,358,992 25,862,784
Deferred income taxes 305,374 349,478
Prepaid expenses 1,390,761 776,463
Other current assets 416,734 153,450
Total current assets 35,570,935 35,670,129
PROPERTY AND EQUIPMENT, at cost 18,425,394 17,574,895
Less accumulated depreciation and amortization (5,782,069) (5,630,305)
12,643,325 11,944,590
GOODWILL 987,539 990,725
OTHER INTANGIBLES, net of accumulated amortization of $590,000 and $582,000 in 2013 and 2012, respectively 137,006 145,533
OTHER assets 339,819 336,695
TOTAL ASSETS 49,678,624 49,087,672
CURRENT LIABILITIES:    
Accounts payable-trade 1,775,892 1,612,627
Accrued expenses and other liabilities 4,481,271 5,928,798
Income taxes payable 633,962 113,705
Current maturities of long-term debt 202,500 202,500
Total current liabilities 7,093,625 7,857,630
DEFERRED INCOME TAXES 808,294 806,525
LONG-TERM DEBT, net of current maturities 2,851,875 2,902,500
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.10 par value; 20,000,000 shares authorized; none issued or outstanding; attributes to be determined on issuance 0 0
Common stock, $0.0024 par value; 25,000,000 shares authorized; 11,156,065 shares issued at 2013 and 2012; 10,162,442 shares outstanding at 2013 and 2012 26,775 26,775
Paid-in capital 5,773,351 5,767,508
Retained earnings 35,828,196 34,241,875
Treasury stock at cost (993,623 shares at 2013 and 2012) (2,894,068) (2,894,068)
Accumulated other comprehensive income 190,576 378,927
Total stockholders’ equity 38,924,830 37,521,017
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 49,678,624 $ 49,087,672