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Consolidated Balance Sheets (USD $)
Aug. 31, 2014
Aug. 25, 2013
Current assets:    
Cash and cash equivalents $ 3,233,436 $ 1,906,218
Accounts receivable, less allowance for doubtful accounts of $10,074 5,963,498 5,318,285
Inventories (Note 2) 3,767,027 3,279,506
Prepaid and other current assets 227,699 310,482
Deferred tax assets (Note 6) 112,829 118,280
Total current assets 13,304,489 10,932,771
Property, plant, and equipment, at cost:    
Land 819,000 819,000
Building and improvements 6,256,562 6,170,663
Machinery and equipment 20,050,825 19,907,976
Less accumulated depreciation (13,822,873) (11,598,926)
Total property, plant, and equipment 13,303,514 15,298,713
Other assets (Note 10):    
Goodwill and other assets 2,383,157 2,387,168
28,991,160 28,618,652
Current liabilities:    
Trade accounts payable 2,869,029 2,605,249
Accrued compensation and employee withholdings 699,987 397,170
Other accrued expenses 153,913 65,555
Current portion of long-term debt (Note 3) 1,615,041 1,921,708
Total current liabilities 5,337,970 4,989,682
Long-term debt, less current portion (Note 3) 8,555,243 10,168,597
Deferred tax liabilities (Note 6) 1,983,672 1,322,443
Stockholders’ equity (Note 5):    
Common stock, par value $.10 a share; authorized 10,000,000 shares; issued and outstanding 2,908,893 shares and 2,903,852 respectively 290,889 290,384
Capital in excess of par value 3,480,450 3,314,193
Deferred compensation (24,644) (73,874)
Retained earnings 9,367,580 8,607,227
Total stockholders’ equity 13,114,275 12,137,930
$ 28,991,160 $ 28,618,652