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Consolidated Balance Sheets (USD $)
Oct. 29, 2011
Oct. 30, 2010
CURRENT ASSETS    
Cash and cash equivalents $ 1,751,489 $ 8,398,276
Trade accounts receivable 907,576 684,313
Inventories 756,721 634,247
Prepaid expenses 24,015 25,406
Deferred Taxes 42,761 0
Loans and exchanges 13,888 12,543
Accrued interest receivable 87,482 0
Marketable securities 7,620,449 502,809
Total current assets 11,204,381 10,257,594
PROPERTY AND EQUIPMENT    
Land 114,006 114,006
Building and improvements 532,978 606,244
Furniture and equipment 2,137,276 2,282,838
Automobiles 43,268 71,211
Total property and equipment 2,827,528 3,074,299
Less accumulated depreciation 2,010,575 2,110,104
Net property and equipment 816,953 964,195
OTHER ASSETS    
Deposits 2,837 2,837
Total assets 12,024,171 11,224,626
CURRENT LIABILITIES    
Accounts payable - trade 99,284 84,317
Accrued income taxes 172,010 124,500
Accrued salaries and wages 177,230 154,993
Accrued professional fees 85,925 81,138
Deferred income taxes 0 66,205
Other current liabilities 3,194 4,280
Total current liabilities 537,643 515,433
STOCKHOLDERS' EQUITY    
Common capital stock - par value $.25 per share - authorized and issued 1,000,000 shares 250,000 250,000
Additional paid in capital 272,695 272,695
Retained earnings 11,264,161 10,401,501
Accumulated other comprehensive income: Unrealized holding (loss) on marketable securities (113,110) (27,785)
Less treasury stock at cost - 224,415 shares (187,218) (187,218)
Total stockholders' equity 11,486,528 10,709,193
Total liabilities and stockholders' equity $ 12,024,171 $ 11,224,626