XML 54 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
BALANCE SHEETS (Unaudited) (USD $)
Jun. 28, 2013
Mar. 29, 2013
CURRENT ASSETS:    
Cash $ 330,762 $ 415,857
Accounts receivable, less allowances for doubtful accounts of $11,562 at June 28, 2013 and March 29, 2013 2,472,601 1,817,768
Inventories (Note 3) 4,608,000 4,463,180
Excess payments to accounts receivable factor (Note 6) 216,051 36,916
Prepaid expenses and other current assets (Note 4) 799,290 955,226
Total Current Assets 8,426,704 7,688,947
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $7,728,007 at June 28, 2013 and $7,665,207 at March 29, 2013 (Note 5) 1,545,235 1,497,690
[PropertyPlantAndEquipmentTotal] 1,545,235 1,497,690
OTHER ASSETS:    
Other assets 37,220 34,220
[AssetsNoncurrent] 37,220 34,220
Total Assets 10,009,159 9,220,857
CURRENT LIABILITIES:    
Accounts payable 371,240 85,548
Workers compensation insurance assessments- current portion (Note 8)    47,638
Other current liabilities (Note 7) 486,404 439,117
Total Current Liabilities 857,644 572,303
LONG-TERM LIABILITIES:    
Workers compensation insurance assessments- net of current portion (Note 8)    21,358
Total Long-Term Liabilities    21,358
Total Liabilities 857,644 593,661
STOCKHOLDERS' EQUITY:    
Common stock, $.01 par value; 10,000,000 shares authorized; 2,303,468 shares issued and outstanding at June 28, 2013 and March 29, 2013 23,035 23,035
Capital in excess of par value 2,744,573 2,744,573
Retained earnings 6,383,907 5,859,588
Total Stockholders' Equity 9,151,515 8,627,196
Total Liabilities and Stockholders' Equity $ 10,009,159 $ 9,220,857