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Condensed Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 704,345 $ 725,524
Certificates of deposit 5,880,000 6,380,000
Accounts receivable, net 4,398,426 [1] 4,017,081 [2]
Inventories, net 5,212,040 4,310,154
Deferred tax assets 420,191 394,191
Other current assets 347,737 353,017
Total current assets 16,962,739 16,179,967
Net property, plant and equipment 7,895,525 7,478,878
Total assets 24,858,264 23,658,845
Current Liabilities:    
Accounts payable 968,266 748,781
Accrued wages and salaries 374,964 405,604
Other accrued expenses 453,594 312,123
Unearned revenue and customer deposits 151,652 84,698
Total current liabilities 1,948,476 1,551,206
Deferred income taxes 785,275 745,275
Total liabilities 2,733,751 2,296,481
Commitments and contingencies (Note 8)      
Shareholders' Equity:    
Preferred stock    [3]    [3]
Common stock 1,138,096 [4] 1,138,096 [4]
Additional paid-in capital 447,134 447,134
Retained earnings 24,461,381 23,699,232
Treasury stock (3,922,098) [5] (3,922,098) [5]
Total shareholders' equity 22,124,513 21,362,364
Total liabilities and shareholders' equity $ 24,858,264 $ 23,658,845
[1] Net of allowance of $140,000.
[2] Net of allowance of $135,000.
[3] No par value, 500,000 shares authorized, none outstanding.
[4] $1.00 par value, 4,000,000 shares authorized, 1,138,096 shares issued, 966,132 shares outstanding.
[5] At cost, 171,964 shares.