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Consolidated Balance Sheets (USD $)
Mar. 31, 2015
Mar. 31, 2014
CURRENT ASSETS:    
Cash $ 2,225,924us-gaap_CashAndCashEquivalentsAtCarryingValue $ 15,081,024us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net of allowances for bad debts and cash discounts of $27,276 at March 31, 2015 and 2014 6,896,186us-gaap_AccountsReceivableNetCurrent 9,347,289us-gaap_AccountsReceivableNetCurrent
Inventories 40,850,666us-gaap_InventoryNet 35,288,559us-gaap_InventoryNet
Other 144,579us-gaap_OtherAssetsCurrent 129,796us-gaap_OtherAssetsCurrent
TOTAL CURRENT ASSETS 50,117,355us-gaap_AssetsCurrent 59,846,668us-gaap_AssetsCurrent
PROPERTY, PLANT AND EQUIPMENT:    
Land 1,082,331us-gaap_Land 1,082,331us-gaap_Land
Buildings and yard improvements 7,026,980us-gaap_BuildingsAndImprovementsGross 7,014,180us-gaap_BuildingsAndImprovementsGross
Machinery and equipment 30,690,049us-gaap_MachineryAndEquipmentGross 30,691,636us-gaap_MachineryAndEquipmentGross
Construction in progress 7,374,177us-gaap_ConstructionInProgressGross 1,509,185us-gaap_ConstructionInProgressGross
Less accumulated depreciation (30,656,226)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (28,934,601)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Property, Plant and Equipment, Net, Total 15,517,311us-gaap_PropertyPlantAndEquipmentNet 11,362,731us-gaap_PropertyPlantAndEquipmentNet
OTHER ASSETS:    
Deferred income tax asset 187,358us-gaap_DeferredTaxAssetsNetNoncurrent  
Cash value of officers' life insurance and other assets 1,136,000frd_CashValueOfOfficersLifeInsuranceAndOtherAssetsNonCurrent 1,075,000frd_CashValueOfOfficersLifeInsuranceAndOtherAssetsNonCurrent
TOTAL ASSETS 66,958,024us-gaap_Assets 72,284,399us-gaap_Assets
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,148,555us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 7,206,340us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Dividends payable 67,994us-gaap_DividendsPayableCurrent 135,989us-gaap_DividendsPayableCurrent
Contribution to profit sharing plan 51,000us-gaap_DeferredCompensationCashBasedArrangementsLiabilityCurrent 52,500us-gaap_DeferredCompensationCashBasedArrangementsLiabilityCurrent
Employee compensation and related expenses 383,562us-gaap_EmployeeRelatedLiabilitiesCurrent 375,860us-gaap_EmployeeRelatedLiabilitiesCurrent
TOTAL CURRENT LIABILITIES 2,651,111us-gaap_LiabilitiesCurrent 7,770,689us-gaap_LiabilitiesCurrent
DEFERRED INCOME TAX LIABILITY   189,998us-gaap_DeferredTaxLiabilitiesNoncurrent
POSTRETIREMENT BENEFITS OTHER THAN PENSIONS 1,089,888us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent 1,013,056us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
STOCKHOLDERS' EQUITY:    
Common stock, par value $1: Authorized shares - 10,000,000 Issued shares - 7,975,160 at March 31, 2015 and 2014, respectively 7,975,160us-gaap_CommonStockValue 7,975,160us-gaap_CommonStockValue
Additional paid-in capital 29,003,674us-gaap_AdditionalPaidInCapitalCommonStock 29,003,674us-gaap_AdditionalPaidInCapitalCommonStock
Treasury stock at cost (1,175,716 shares at March 31, 2015 and 2014, respectively) (5,475,964)us-gaap_TreasuryStockValue (5,475,964)us-gaap_TreasuryStockValue
Retained earnings 31,714,155us-gaap_RetainedEarningsAccumulatedDeficit 31,807,786us-gaap_RetainedEarningsAccumulatedDeficit
TOTAL STOCKHOLDERS' EQUITY 63,217,025us-gaap_StockholdersEquity 63,310,656us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 66,958,024us-gaap_LiabilitiesAndStockholdersEquity $ 72,284,399us-gaap_LiabilitiesAndStockholdersEquity