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Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 443,608 $ 392,810
Certificates of deposit 6,207,348 7,088,000
Accounts receivable, net 5,510,770 [1] 4,577,932 [1]
Inventories, net 4,880,788 4,936,372
Deferred income taxes 410,191 416,191
Other current assets 295,521 422,332
Total current assets 17,748,226 17,833,637
Property, plant and equipment, net 10,409,120 8,077,866
Total assets 28,157,346 25,911,503
Current Liabilities:    
Accounts payable 924,943 1,003,647
Accrued wages and salaries 560,114 409,695
Other accrued expenses 609,846 460,245
Unearned revenue and customer deposits 126,066 84,905
Total current liabilities 2,220,969 1,958,492
Deferred income taxes 1,065,275 952,275
Total liabilities 3,286,244 2,910,767
Shareholders' Equity:    
Preferred stock 0 [2] 0 [2]
Common stock 1,138,096 [3] 1,138,096 [3]
Additional paid-in capital 447,134 447,134
Retained earnings 27,207,970 25,337,604
Less: Treasury stock 3,922,098 [4] 3,922,098 [4]
Total shareholders' equity 24,871,102 23,000,736
Total liabilities and shareholders' equity $ 28,157,346 $ 25,911,503
[1] Net of allowance of $150,000.
[2] No par value, 500,000 shares authorized, none outstanding.
[3] $1.00 par value, 4,000,000 shares authorized, 1,138,096 shares issued, 966,132 shares outstanding.
[4] At cost, 171,964 shares.