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11. REVENUE RECOGNITION (Tables) | 12 Months Ended
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Feb. 28, 2018
Revenue from Contract with Customer [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] | As a result of applying Topic 606, the impact to the Company’s balance sheet as of February 28, 2018 was as follows:
|  |  |  |  |  |  |  |  |  | Without |
|  | As Reported |  |  | Adjustments |  |  | Adoption |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |
Accounts receivable-Net |  | $ | 2,913,700 |  |  | $ | (99,900 | ) |  | $ | 2,813,800 |
Inventories-Net |  |  | 26,618,600 |  |  |  | (100 | ) |  |  | 26,618,500 |
Prepaid expenses and other assets |  |  | 1,259,000 |  |  |  | (117,000 | ) |  |  | 1,142,000 |
Total current assets |  |  | 33,514,600 |  |  |  | (217,000 | ) |  |  | 33,297,600 |
TOTAL ASSETS |  |  | 61,837,900 |  |  |  | (217,000 | ) |  |  | 61,620,900 |
LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |
Other current liabilities |  |  | 3,517,900 |  |  |  | (217,000 | ) |  |  | 3,300,900 |
Total liabilities |  |  | 41,435,800 |  |  |  | (217,000 | ) |  |  | 41,218,800 |
|  |  |  |  |  |  |  |  |  | Without |
|  | As Reported |  |  | Adjustments |  |  | Adoption |
GROSS SALES |  | $ | 139,040,400 |  |  | $ | (13,193,200 | ) |  | $ | 125,847,200 |
Less discounts and allowances |  |  | (38,103,500 | ) |  |  | 13,174,700 |  |  |  | (24,928,800 | )
Transportation revenue |  |  | 11,047,700 |  |  |  | - |  |  |  | 11,047,700 |
NET REVENUES |  |  | 111,984,600 |  |  |  | (18,500 | ) |  |  | 111,966,100 |
COST OF GOODS SOLD |  |  | 35,824,300 |  |  |  | (4,893,000 | ) |  |  | 30,931,300 |
Gross margin |  |  | 76,160,300 |  |  |  | 4,874,500 |  |  |  | 81,034,800 |
OPERATING EXPENSE: |  |  |  |  |  |  |  |  |  |  |  |
Operating and selling |  |  | 17,694,700 |  |  |  | 4,876,500 |  |  |  | 22,571,200 |
Sales commissions |  |  | 35,359,000 |  |  |  | - |  |  |  | 35,359,000 |
General and administrative |  |  | 15,736,300 |  |  |  | - |  |  |  | 15,736,300 |
Total operating expenses |  |  | 68,790,000 |  |  |  | 4,876,500 |  |  |  | 73,666,500 |
INTEREST EXPENSE |  |  | 1,119,500 |  |  |  | - |  |  |  | 1,119,500 |
OTHER INCOME |  |  | (1,581,900 | ) |  |  | (2,000 | ) |  |  | (1,583,900 | )
EARNINGS BEFORE INCOME TAXES |  |  | 7,832,700 |  |  |  | - |  |  |  | 7,832,700 |
INCOME TAXES |  |  | 2,618,000 |  |  |  | - |  |  |  | 2,618,000 |
NET EARNINGS |  | $ | 5,214,700 |  |  | $ | - |  |  | $ | 5,214,700 |
|  |  |  |  |  |  |  |  |  | Without |
|  | As Reported |  |  | Adjustments |  |  | Adoption |
GROSS SALES |  | $ | 121,364,700 |  |  | $ | (13,193,900 | ) |  | $ | 108,170,800 |
Less discounts and allowances |  |  | (28,657,900 | ) |  |  | 13,175,400 |  |  |  | (15,482,500 | )
Transportation revenue |  |  | 11,010,300 |  |  |  | - |  |  |  | 11,010,300 |
NET REVENUES |  |  | 103,717,100 |  |  |  | (18,500 | ) |  |  | 103,698,600 |
COST OF GOODS SOLD |  |  | 31,132,800 |  |  |  | (4,893,000 | ) |  |  | 26,239,800 |
Gross margin |  |  | 72,584,300 |  |  |  | 4,874,500 |  |  |  | 77,458,800 |
OPERATING EXPENSE: |  |  |  |  |  |  |  |  |  |  |  |
Operating and selling |  |  | 14,509,500 |  |  |  | 4,875,500 |  |  |  | 19,385,000 |
Sales commissions |  |  | 35,043,200 |  |  |  | - |  |  |  | 35,043,200 |
General and administrative |  |  | 3,602,000 |  |  |  | - |  |  |  | 3,602,000 |
Total operating expenses |  |  | 53,154,700 |  |  |  | 4,875,500 |  |  |  | 58,030,200 |
OPERATING INCOME |  | $ | 19,429,600 |  |  | $ | (1,000 | ) |  | $ | 19,428,600 |
|  |  |  |  |  |  |  |  |  | Without |
|  | As Reported |  |  | Adjustments |  |  | Adoption |
GROSS SALES |  | $ | 17,675,700 |  |  | $ | 700 |  |  | $ | 17,676,400 |
Less discounts and allowances |  |  | (9,445,600 | ) |  |  | (700 | ) |  |  | (9,446,300 | )
Transportation revenue |  |  | 37,400 |  |  |  | - |  |  |  | 37,400 |
NET REVENUES |  |  | 8,267,500 |  |  |  | - |  |  |  | 8,267,500 |
COST OF GOODS SOLD |  |  | 4,691,500 |  |  |  | - |  |  |  | 4,691,500 |
Gross margin |  |  | 3,576,000 |  |  |  | - |  |  |  | 3,576,000 |
OPERATING EXPENSE: |  |  |  |  |  |  |  |  |  |  |  |
Operating and selling |  |  | 987,500 |  |  |  | - |  |  |  | 987,500 |
Sales commissions |  |  | 315,700 |  |  |  | - |  |  |  | 315,700 |
General and administrative |  |  | 509,600 |  |  |  | - |  |  |  | 509,600 |
Total operating expenses |  |  | 1,812,800 |  |  |  | - |  |  |  | 1,812,800 |
OPERATING INCOME |  | $ | 1,763,200 |  |  | $ | - |  |  | $ | 1,763,200 |

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