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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 2,415,416 $ 8,425,846
Marketable securities, current 5,495,556 4,304,912
Trade accounts receivable, less allowance for doubtful accounts of $303,839 in 2012 and $150,921 in 2011 10,407,649 4,675,464
Other receivables 244,081 101,951
Inventories 6,344,982 4,479,929
Prepaid income taxes 279,964 9,239
Prepaid expenses, other 799,124 511,299
Deferred income taxes 926,081 848,597
Total current assets 26,912,853 23,357,237
Marketable securities, noncurrent 210,440 5,799,417
Property, plant, and equipment, net 5,350,310 3,174,748
Goodwill 8,729,438 3,119,246
Investment in affiliated company 3,303,750 3,237,250
Intangible assets, net 12,381,614 909,536
Other assets 308,996 86,717
Deferred income taxes 22,370 20,360
Total assets 57,219,771 39,704,511
Current liabilities:    
Current maturities of long-term notes payable 2,566,154  
Revolving lines of credit 5,327,515  
Accounts payable 2,893,225 1,812,779
Compensation and related expenses 3,510,272 2,313,553
Other accrued expenses 868,199 406,378
Accrued product warranties 240,621 205,506
Accrued income taxes 36,139  
Dividends payable 579,386 543,881
Deferred revenue 472,185 857,906
Total current liabilities 16,493,696 6,140,003
Notes payable 3,926,863  
Obligations to former employees 76,161 46,751
Deferred income taxes 2,576,396  
Accrued income taxes 265,207 277,978
Total noncurrent liabilities 6,844,627 324,729
Total liabilities 23,338,323 6,464,732
Commitments and contingencies (Note 8)      
Stockholders' equity:    
Capital stock-undesignated. Authorized 3,000,000 shares; none issued and outstanding in 2012 and 2011      
Common stock-$0.10 par value. Authorized 22,000,000 shares; issued and outstanding 5,517,966 shares in 2012 and 5,438,810 shares in 2011 551,797 543,881
Additional paid-in capital 3,738,968 2,762,524
Retained earnings 30,217,977 30,523,405
Accumulated other comprehensive loss (627,294) (590,031)
Total stockholders' equity 33,881,448 33,239,779
Total liabilities and stockholders' equity $ 57,219,771 $ 39,704,511