XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (Unaudited) (USD $)
Dec. 23, 2011
Mar. 25, 2011
CURRENT ASSETS:    
Cash $ 418,277 $ 157,049
Accounts receivable, less allowances for doubtful accounts of $11,562 at December 23, 2011 and March 25, 2011 1,551,619 1,986,799
Inventories (Note 3) 4,317,800 3,713,372
Excess payments to accounts receivable factor (Note 6) 103,366 78,898
Prepaid expenses and other current assets (Note 4) 493,565 247,088
Total Current Assets 6,884,627 6,183,206
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $7,357,128 at December 23, 2011 and $7,244,628 at March 25, 2011 (Note 5) 1,326,885 1,268,890
[PropertyPlantAndEquipmentTotal] 1,326,885 1,268,890
OTHER ASSETS:    
Other assets 26,645 27,887
[AssetsNoncurrent] 26,645 27,887
Total Assets 8,238,157 7,479,983
CURRENT LIABILITIES:    
Accounts payable 160,527 356,225
Accrued corporate income taxes    3,752
Workers compensation insurance assessments-current portion (Note 8) 47,638 47,638
Other current liabilities (Note 7) 471,561 364,465
Total Current Liabilities 679,726 772,080
LONG-TERM LIABILITIES:    
Workers compensation insurance assessments- net of current portion (Note 8) 77,332 113,061
Total Long-Term Liabilities 77,332 113,061
Total Liabilities 757,058 885,141
STOCKHOLDERS' EQUITY:    
Common stock, $.01 par value; 10,000,000 shares authorized; 2,303,468 shares issued and outstanding at December 23, 2011 and March 25, 2011 23,035 23,035
Capital in excess of par value 2,744,573 2,744,573
Retained earnings (Note 9) 4,713,491 3,827,234
Total Stockholders' Equity 7,481,099 6,594,842
Total Liabilities and Stockholders' Equity $ 8,238,157 $ 7,479,983