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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2013
Dec. 31, 2012
Sep. 30, 2012
ASSETS      
Cash $ 301,648 $ 6,384,087 $ 78
Accounts Receivable, Less, Allowances of $0 (09/30/13), $1,562,556 (12/31/12) and $0 (09/30/12) 7,361,779 1,893,160 8,087,910
Inventories:      
Raw Materials and Supplies 3,253,143 2,499,430 3,627,009
Work in Process 313,891 561,043 390,446
Finished Goods 9,071,019 5,795,906 7,645,579
Deferred Income Tax Asset 152,250 152,250 234,912
Income Tax Receivable 196,526 225,794 0
Prepaid Expenses and Other Current Assets 480,522 296,728 480,835
Total Current Assets 21,130,778 17,808,398 20,466,769
Property, Plant and Equipment, Less, Accumulated Depreciation of $18,801,658 (09/30/13), $18,454,410 (12/31/12) and $18,860,033 (09/30/12) 3,838,876 3,946,124 4,036,833
Goodwill 413,280 413,280 413,280
Customer Base and Non-Compete Agreement 345,333 439,747 471,219
Other Assets 322,365 281,935 233,205
TOTAL ASSETS 26,050,632 22,889,484 25,621,306
LIABILITIES AND STOCKHOLDERS' EQUITY      
Short Term Debt 2,672,593 515,866 2,592,084
Accounts Payable 867,153 375,067 1,261,334
Accrued Liabilities 794,156 1,093,698 774,814
Income Taxes Payable 0 0 187,777
Total Current Liabilities 4,333,902 1,984,631 4,816,009
Deferred Income Tax Liability 272,063 272,063 165,891
Total Liabilities 4,605,965 2,256,694 4,981,900
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 20,254,165 19,442,288 19,448,904
Treasury Stock, at Cost, 63,494 Shares (273,219) (273,219) (273,219)
Total Stockholders' Equity 21,444,667 20,632,790 20,639,406
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 26,050,632 $ 22,889,484 $ 25,621,306