XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Mar. 01, 2015
Aug. 31, 2014
Assets    
Cash and cash equivalents $ 3,849,935us-gaap_CashAndCashEquivalentsAtCarryingValue $ 3,233,436us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable 4,444,141us-gaap_AccountsReceivableNetCurrent 5,963,498us-gaap_AccountsReceivableNetCurrent
Inventories 4,837,836us-gaap_InventoryNet 3,767,027us-gaap_InventoryNet
Prepaid and other current assets 582,867us-gaap_PrepaidExpenseAndOtherAssetsCurrent 227,699us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Deferred tax assets 110,123us-gaap_DeferredTaxAssetsNetCurrent 112,829us-gaap_DeferredTaxAssetsNetCurrent
Total Current Assets 13,824,902us-gaap_AssetsCurrent 13,304,489us-gaap_AssetsCurrent
Property, Plant and Equipment – Net 12,668,006us-gaap_PropertyPlantAndEquipmentNet 13,303,514us-gaap_PropertyPlantAndEquipmentNet
Goodwill and other assets, net 2,381,152us-gaap_OtherAssets 2,383,157us-gaap_OtherAssets
Total Assets 28,874,060us-gaap_Assets 28,991,160us-gaap_Assets
Liabilities and Stockholders’ Equity    
Trade accounts payable 2,632,263us-gaap_AccountsPayableTradeCurrent 2,869,029us-gaap_AccountsPayableTradeCurrent
Accrued compensation and employee withholdings 622,417us-gaap_EmployeeRelatedLiabilitiesCurrent 699,987us-gaap_EmployeeRelatedLiabilitiesCurrent
Other accrued expenses 316,628us-gaap_AccruedLiabilitiesCurrent 153,913us-gaap_AccruedLiabilitiesCurrent
Current portion of long-term debt 1,487,721us-gaap_LongTermDebtCurrent 1,615,041us-gaap_LongTermDebtCurrent
Total Current Liabilities 5,059,029us-gaap_LiabilitiesCurrent 5,337,970us-gaap_LiabilitiesCurrent
Long-term debt, less current portion 8,113,348us-gaap_LongTermDebtNoncurrent 8,555,243us-gaap_LongTermDebtNoncurrent
Deferred tax liabilities 2,079,076us-gaap_DeferredTaxLiabilitiesNoncurrent 1,983,672us-gaap_DeferredTaxLiabilitiesNoncurrent
Stockholders’ Equity:    
Common stock, par value $.10 a share; authorized 10,000,000 shares; issued and outstanding 2,912,443 and 2,908,893 shares, respectively 291,244us-gaap_CommonStockValue 290,889us-gaap_CommonStockValue
Capital in excess of par value 3,573,886us-gaap_AdditionalPaidInCapital 3,480,450us-gaap_AdditionalPaidInCapital
Deferred compensation   (24,644)us-gaap_DeferredCompensationEquity
Retained earnings 9,757,477us-gaap_RetainedEarningsAccumulatedDeficit 9,367,580us-gaap_RetainedEarningsAccumulatedDeficit
Total Stockholders’ Equity 13,622,607us-gaap_StockholdersEquity 13,114,275us-gaap_StockholdersEquity
Total Liabilities and Stockholders’ Equity $ 28,874,060us-gaap_LiabilitiesAndStockholdersEquity $ 28,991,160us-gaap_LiabilitiesAndStockholdersEquity