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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 27, 2015
Sep. 27, 2014
Current assets:    
Cash and cash equivalents $ 6,159,687 $ 6,865,931
Accounts receivable, net of allowances of $251,000 (June 27, 2015) and $302,000 (Sept. 27, 2014) 7,512,051 5,851,822
Inventories - Note 3 6,639,527 7,395,955
Deferred income taxes 272,504 271,828
Prepaid expenses 607,398 760,967
Total current assets 21,191,167 21,146,503
Property, plant and equipment, net - Note 4 4,679,874 4,888,096
Goodwill 4,068,673 4,291,843
Intangibles, net - Note 5 2,411,612 2,860,260
Other assets - Note 6 2,738,736 2,660,132
35,090,062 35,846,834
Current liabilities:    
Accounts payable 3,000,639 2,477,198
Accrued and sundry liabilities 2,762,483 2,051,662
Total current liabilities 5,763,122 4,528,860
Deferred income taxes 371,080 160,685
Deferred compensation 396,319 457,457
Total long-term liabilities 767,399 618,142
Total liabilities $ 6,530,521 $ 5,147,002
Commitments and contingencies - Note 11    
Shareholders' equity:    
Common stock, no par value, 20,000,000 shares authorized; issued and outstanding shares 2,991,192 (June 27, 2015) and 2,962,007 (Sept. 27, 2014) $ 3,421,081 $ 3,064,658
Additional paid-in capital 926,811 906,834
Retained earnings 26,139,675 27,735,768
Accumulated other comprehensive loss (1,928,026) (1,007,428)
Total shareholders' equity 28,559,541 30,699,832
$ 35,090,062 $ 35,846,834