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Consolidated Statements of Income (USD $)
12 Months Ended
Aug. 31, 2014
Aug. 25, 2013
Aug. 26, 2012
Net sales (Note 8) $ 42,714,240 $ 33,965,272 $ 32,455,953
Cost of products sold 37,319,981 29,785,439 26,692,413
Gross margin 5,394,259 4,179,833 5,763,540
Selling and administrative expense 3,076,663 2,695,723 3,160,092
Interest and other income (5,404) (9,105) (14,377)
Interest expense 410,165 353,079 315,694
3,481,424 3,039,697 3,461,409
Income before income taxes 1,912,835 1,140,136 2,302,131
Income taxes (Note 6) 688,711 410,449 828,769
Net income $ 1,224,124 $ 729,687 $ 1,473,362
Basic earnings per share (in Dollars per share) $ 0.42 $ 0.25 $ 0.52
Diluted earnings per share (in Dollars per share) $ 0.41 $ 0.25 $ 0.51
Cash dividend per share (in Dollars per share) $ 0.16 $ 0.16 $ 0.16
Weighted average number of common shares outstanding, basic (in Shares) 2,899,576 2,882,949 2,849,066
Weighted average number of common shares outstanding, diluted (in Shares) 2,964,384 2,942,827 2,902,903