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Balance Sheet (USD $)
Sep. 23, 2011
Mar. 25, 2011
CURRENT ASSETS:  
Cash$ 634,800$ 157,049
Accounts receivable, less allowances for doubtful accounts of $11,562 at September 23, 2011 and March 25, 20111,664,5971,986,799
Inventories (Note 3)4,003,5003,713,372
Excess payments to accounts receivable factor (Note 6)078,898
Prepaid expenses and other current assets (Note 4)314,069247,088
Total Current Assets6,616,9666,183,206
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $7,319,628 at September 23, 2011 and $7,244,628 at March 25, 2011 ( Note 5 )1,323,2301,268,890
Property plant and equipment - net1,323,2301,268,890
OTHER ASSETS:  
Other assets25,14527,887
Total noncurrent assets25,14527,887
Total Assets7,965,3417,479,983
CURRENT LIABILITIES:  
Accounts payable322,890356,225
Accounts receivable financing (Note 6)22,1140
Accrued corporate income taxes03,752
Workers compensation insurance assessments- current portion (Note 8)47,63847,638
Other current liabilities (Note 7)283,686364,465
Total Current Liabilities676,328772,080
LONG-TERM LIABILITIES:  
Workers compensation insurance assessments- net of current portion (Note 8)89,241113,061
Total Long-Term Liabilities89,241113,061
Total Liabilities765,569885,141
STOCKHOLDERS' EQUITY:  
Common stock, $.01 par value; 10,000,000 shares authorized; 2,303,468 shares issued and outstanding at September 23, 2011 and March 25, 201123,03523,035
Capital in excess of par value2,744,5732,744,573
Retained earnings ( Note 9 )4,432,1643,827,234
Total Stockholders' Equity7,199,7726,594,842
Total Liabilities and Stockholders' Equity$ 7,965,341$ 7,479,983