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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jan. 02, 2016
Oct. 03, 2015
[1]
Current assets:    
Cash and cash equivalents $ 1,318,001 $ 1,224,026
Accounts receivable, net of allowances of $152,000 (Jan. 2, 2016) and $148,000 (Oct. 3, 2015) 9,283,687 7,813,773
Inventories - Note 3 6,952,676 8,746,039
Deferred income taxes 352,603 351,452
Prepaid expenses 908,677 411,528
Total current assets 18,815,644 18,546,818
Property and equipment, net - Note 4 4,476,442 4,536,104
Goodwill 3,832,298 3,930,282
Intangibles, net - Note 5 2,062,783 2,214,762
Other assets - Note 6 2,827,614 2,953,656
32,014,781 32,181,622
Current liabilities:    
Accounts payable 2,613,457 4,035,333
Accrued and sundry liabilities 3,364,640 3,120,111
Total current liabilities 5,978,097 $ 7,155,444
Long-term debt 1,000,000
Deferred income taxes 344,695 $ 348,479
Deferred compensation 355,057 375,939
Total long-term liabilities 1,699,752 724,418
Total liabilities $ 7,677,849 $ 7,879,862
Commitments and contingencies - Note 10
Common stock, no par value, 20,000,000 shares authorized; issued and outstanding shares 2,725,468 (Jan. 2, 2016) and 2,737,468 (Oct. 3, 2015)
Additional paid-in capital
Retained earnings $ 27,345,097 $ 26,848,299
Accumulated other comprehensive loss (3,008,165) (2,546,539)
Total shareholders' equity 24,336,932 24,301,760
$ 32,014,781 $ 32,181,622
[1] The Balance Sheet at October 3, 2015, has been derived from the audited financial statements at that date.