Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 30, 2012	Mar. 31, 2012
CURRENT ASSETS:
Cash	$ 20,683,557	$ 11,881,548
Accounts receivable, net of allowances for bad debts and cash discounts of $37,276 at September 30 and March 31, 2012	8,301,540	16,284,377
Inventories	34,212,932	36,753,680
Other	298,178	88,286
TOTAL CURRENT ASSETS	63,496,207	65,007,891
PROPERTY, PLANT AND EQUIPMENT:
Land	1,082,331	1,082,331
Buildings and yard improvements	7,014,180	7,014,180
Machinery and equipment	29,929,301	29,839,104
Less accumulated depreciation	(26,222,088)	(25,324,113)
Total property, plant and equipment	11,803,724	12,611,502
OTHER ASSETS:
Cash value of officers' life insurance and other assets	982,000	951,000
TOTAL ASSETS	76,281,931	78,570,393
CURRENT LIABILITIES:
Accounts payable and accrued expenses	7,866,559	12,091,154
Income taxes payable		98,464
Dividends payable	883,928	883,928
Contribution to profit sharing plan	157,500	52,500
Employee compensation and related expenses	692,489	727,342
TOTAL CURRENT LIABILITIES	9,600,476	13,853,388
DEFERRED INCOME TAXES	397,416	445,999
POSTRETIREMENT BENEFITS OTHER THAN PENSIONS	898,444	853,738
STOCKHOLDERS' EQUITY:
Common stock, par value $1: Authorized shares - 10,000,000 Issued shares - 7,975,160 at September 30 and March 31, 2012	7,975,160	7,975,160
Additional paid-in capital	29,003,674	29,003,674
Treasury stock at cost (1,175,716 shares at September 30 and March 31, 2012)	(5,475,964)	(5,475,964)
Retained earnings	33,882,725	31,914,398
TOTAL STOCKHOLDERS' EQUITY	65,385,595	63,417,268
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 76,281,931	$ 78,570,393