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CONDENSED BALANCE SHEETS (USD $)
Sep. 30, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 2,203,954 $ 1,704,300
Short-term investments 1,796,000 1,464,878
Trade receivables, less allowance of $53,000 in 2014 and $62,000 in 2013 2,049,053 2,050,853
Inventories 2,689,129 2,554,942
Prepaid expenses and other assets 133,554 103,687
Income taxes receivable 124,977 16,400
Deferred income taxes 150,000 150,000
Total current assets 9,146,667 8,045,060
PROPERTY, PLANT, AND EQUIPMENT, at cost:    
Land and buildings 6,247,781 6,123,890
Machinery and equipment 3,943,389 3,781,282
Office equipment 774,226 722,567
Vehicles 247,356 237,194
Gross property, plant, and equipment, at cost 11,212,752 10,864,933
Less accumulated depreciation 5,664,928 5,230,837
Net property, plant, and equipment, at cost 5,547,824 5,634,096
INTANGIBLE ASSETS, less accumulated amortization of $192,475 in 2014 and $173,143 in 2013 348,944 322,647
Total assets 15,043,435 14,001,803
CURRENT LIABILITIES:    
Accounts payable 797,080 532,294
Accrued compensation 374,427 274,936
Other accrued liabilities 120,067 67,755
Total current liabilities 1,291,574 874,985
DEFERRED INCOME TAXES 527,000 527,000
Total liabilities 1,818,574 1,401,985
STOCKHOLDERS' EQUITY:    
Preferred stock, par value $.10 per share; authorized 250,000 shares: issued none      
Common stock, par value $.10 per share; authorized 4,750,000 shares: issued and outstanding 2,018,086 shares in 2014 and 2,012,170 shares in 2013 201,809 201,217
Additional paid-in capital 2,674,171 2,592,038
Retained earnings 10,348,881 9,806,563
Total stockholders' equity 13,224,861 12,599,818
Total liabilities and stockholders' equity $ 15,043,435 $ 14,001,803