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Condensed Balance Sheets (USD $)
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:    
Cash $ 1,103,355 $ 1,291,383
Short-term investments 2,231,948 2,217,990
Trade receivables, less allowance of $54,000 in 2011 and $60,000 in 2010 2,226,709 1,883,428
Inventories 2,577,605 2,198,064
Prepaid expenses and other assets 101,663 63,965
Deferred income taxes 157,000 157,000
Total current assets 8,398,280 7,811,830
PROPERTY, PLANT, AND EQUIPMENT, at cost:    
Land and building 5,901,131 5,888,445
Machinery and equipment 2,510,803 2,455,238
Office equipment 688,476 642,100
Vehicles 234,650 234,650
Gross property, plant, and equipment, at cost 9,335,060 9,220,433
Less accumulated depreciation 4,404,526 4,207,500
Total property, plant, and equipment, at cost 4,930,534 5,012,933
INTANGIBLE ASSETS, less accumulated amortization of $401,941 in 2011 and $376,983 in 2010 333,936 317,168
Total assets 13,662,750 13,141,931
CURRENT LIABILITIES:    
Accounts payable 462,495 441,830
Accrued compensation 359,095 282,196
Other accrued expenses 57,218 45,868
Income taxes payable 0 8,090
Total current liabilities 878,808 777,984
DEFERRED INCOME TAXES 171,000 171,000
Total liabilities 1,049,808 948,984
STOCKHOLDERS' EQUITY:    
Preferred stock, par value $.10 per share; authorized 250,000 shares; issued none 0 0
Common stock, par value $.10 per share; authorized 4,750,000 shares; issued and outstanding 1,983,587 shares in 2011 and 1,973,357 shares in 2010 198,359 197,336
Additional paid-in capital 2,337,017 2,263,176
Retained earnings 10,077,566 9,732,435
Total stockholders' equity 12,612,942 12,192,947
Total liabilities and stockholders' equity $ 13,662,750 $ 13,141,931