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Condensed Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Mar. 31, 2011
Current Assets:    
Cash and cash equivalents $ 6,860,190 $ 6,515,067
Short-term investments   51,035
Accounts receivable, less allowance for doubtful accounts of $47,000 and $40,000 10,935,477 11,690,376
Notes and other receivables-current 40,049 78,423
Income tax receivable 358,843  
Inventories 11,545,380 11,538,120
Deferred income taxes 428,000 406,000
Prepaid expenses and other 664,405 428,038
Total Current Assets 30,832,344 30,707,059
Property and Equipment, net 1,739,334 1,189,107
Deferred Income Taxes 227,000 365,000
Cash Surrender Value of Life Insurance Policies 1,642,971 1,591,968
Notes and Other Receivables-Long Term 191,505 288,031
Other Assets 107,807 79,523
Total Assets 34,740,961 34,220,688
Current Liabilities:    
Accounts payable 5,287,173 6,100,012
Accrued expenses 2,359,326 1,799,791
Income taxes payable   72,000
Current portion of long-term obligations   8,271
Total Current Liabilities 7,646,499 7,980,074
Long-Term Obligations 0 0
Stockholders' Equity:    
Preferred stock, $1.00 par value, 50,000 shares authorized, 0 0
Common stock, $.25 par value; 4,000,000 shares authorized, 2,446,286 and 2,431,286 shares issued and outstanding 611,571 607,821
Additional paid-in capital 6,360,567 6,238,498
Retained earnings 20,122,324 19,394,295
Total Stockholders' Equity 27,094,462 26,240,614
Total Liabilities and Stockholders’ Equity $ 34,740,961 $ 34,220,688