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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
OPERATING ACTIVITIES    
Net earnings $ 2,091,854 $ 1,831,411
Adjustments to reconcile net earnings to cash provided by (used in) operating activities:    
Depreciation 450,297 458,099
Provision for deferred taxes (27,652) (22,675)
Change in postretirement benefits 22,354 19,049
Decrease (increase) in operating assets:    
Accounts receivable 4,645,039 1,224,754
Inventories 1,913,505 5,063,837
Other current assets 79,393 (87,985)
Increase (decrease) in operating liabilities:    
Accounts payable and accrued expenses (7,157,273) 1,993,091
Contribution to profit sharing plan 52,500 50,100
Employee compensation and related expenses 10,588 (278,833)
Income taxes payable 842,471 470,482
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,923,076 10,721,330
INVESTING ACTIVITIES    
Purchase of property, plant and equipment (90,573) (163,970)
Proceeds from sales of assets 42,375  
Increase in cash surrender value of officers' life insurance (15,500) (15,250)
NET CASH USED IN INVESTING ACTIVITIES (63,698) (179,220)
FINANCING ACTIVITIES    
Cash dividends paid (883,928) (747,939)
NET CASH USED IN FINANCING ACTIVITIES (883,928) (747,939)
INCREASE IN CASH 1,975,450 9,794,171
Cash at beginning of period 11,881,548 7,210,290
CASH AT END OF PERIOD $ 13,856,998 $ 17,004,461