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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 4,494,316 $ 2,415,416
Marketable securities, current 451,357 5,495,556
Trade accounts receivable, less allowance for doubtful accounts of $303,656 in 2013 and $303,839 in 2012 11,167,814 10,407,649
Other receivables 240,751 244,081
Inventories 7,002,238 6,344,982
Prepaid income taxes 351,652 279,964
Prepaid expenses, other 1,035,647 799,124
Deferred income taxes 1,280,526 926,081
Total current assets 26,024,301 26,912,853
Marketable securities, noncurrent   210,440
Property, plant and equipment, net of accumulated depreciation of $7,516,707 in 2013 and $6,876,028 in 2012 5,738,650 5,350,310
Goodwill 8,901,744 8,729,438
Investment in affiliated company 3,380,000 3,303,750
Intangible assets, net 12,596,514 12,381,614
Other assets 279,360 308,996
Deferred income taxes 137,471 22,370
TOTAL ASSETS 57,058,040 57,219,771
Current liabilities:    
Current maturities of long-term notes payable 2,624,889 2,566,154
Revolving lines of credit 2,550,000 5,327,515
Accounts payable 3,884,483 2,893,225
Compensation and related expenses 3,318,941 3,510,272
Other accrued expenses 862,460 868,199
Accrued product warranties 241,318 240,621
Accrued income taxes 501,320 36,139
Dividends payable 610,404 579,386
Deferred revenue 863,592 472,185
Total current liabilities 15,457,407 16,493,696
Notes payable 2,433,517 3,926,863
Obligations to former employees 77,910 76,161
Deferred income taxes 2,395,361 2,576,396
Accrued income taxes 296,949 265,207
Total noncurrent liabilities 5,203,737 6,844,627
Total liabilities 20,661,144 23,338,323
Stockholders' equity:    
Capital stock - undesignated. Authorized 3,000,000 shares; none issued and outstanding in 2013 and 2012      
Common stock - $0.10 par value. Authorized 22,000,000 shares; issued and outstanding 5,549,129 shares in 2013 and 5,517,966 shares in 2012 554,913 551,797
Additional paid-in capital 4,402,003 3,738,968
Retained earnings 31,415,665 30,217,977
Accumulated other comprehensive loss 24,315 (627,294)
Total stockholders' equity 36,396,896 33,881,448
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 57,058,040 $ 57,219,771