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CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2013
Dec. 31, 2012
Mar. 31, 2012
Dec. 31, 2011
ASSETS        
Cash $ 4,816,706 $ 6,384,087 $ 5,532,943 $ 7,468,908
Accounts Receivable, Less, Allowances of $0 (03/31/13),$1,562,556 (12/31/12) and $0 (03/31/12) 1,742,535 1,893,160 1,926,687  
Inventories:        
Raw Materials and Supplies 4,304,019 2,499,430 3,766,404  
Work in Process 108,946 561,043 7,449  
Finished Goods 6,417,458 5,795,906 4,951,215  
Income Tax Receivable 360,248 225,794 0  
Deferred Income Tax Asset 152,250 152,250 234,912  
Prepaid Expenses and Other Current Assets 150,948 296,728 195,868  
Total Current Assets 18,053,110 17,808,398 16,615,478  
Property, Plant and Equipment, Less, Accumulated Depreciation of $18,569,676 (03/31/13), $18,454,410 (12/31/12) and $18,628,310 (03/31/12) 3,984,192 3,946,124 4,072,874  
Goodwill 413,280 413,280 413,280  
Customer Base and Non-Compete Agreement 408,276 439,747 534,161  
Other Assets 253,477 281,935 269,622  
TOTAL ASSETS 23,112,335 22,889,484 21,905,415  
LIABILITIES AND STOCKHOLDERS’ EQUITY        
Short Term Debt 799,786 515,866 631,230  
Accounts Payable 1,324,236 375,067 769,648  
Accrued Liabilities 385,953 1,093,698 531,387  
Income Taxes Payable 0 0 47,366  
Total Current Liabilities 2,509,975 1,984,631 1,979,631  
DEFERRED INCOME TAX LIABILITY 272,063 272,063 165,891  
Total Liabilities 2,782,038 2,256,694 2,145,522  
STOCKHOLDERS’ EQUITY:        
Common Stock: $0.30 Par Value,2,000,000 Shares Authorized,583,094 Shares Issued,519,600 Shares Outstanding 174,928 174,928 174,928  
Capital in Excess of Par Value 1,288,793 1,288,793 1,288,793  
Retained Earnings 19,139,795 19,442,288 18,569,391  
Treasury Stock, at Cost, 63,494 Shares (273,219) (273,219) (273,219)  
Total Stockholders’ Equity 20,330,297 20,632,790 19,759,893  
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 23,112,335 $ 22,889,484 $ 21,905,415