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Consolidated Balance Sheets (August 31, 2012 unaudited) (USD $)
Aug. 31, 2012
Feb. 29, 2012
Current Assets    
Cash and cash equivalents $ 3,762,812 $ 4,125,444
Accounts receivable, less allowance for doubtful accounts of $612,757 and $488,448, respectively 3,735,991 4,078,158
Notes receivable, current portion 264,245 283,225
Refundable income taxes   724,911
Inventories, less reserve for slow moving inventory of $248,799 and $249,500, respectively 4,446,095 4,119,073
Deferred income taxes 485,125 487,274
Other 446,083 281,282
Total current assets 13,140,351 14,099,367
Property and Equipment, Net 7,821,098 8,515,644
Other Assets    
Notes receivable, less current portion and valuation allowance of $102,453 and $95,703, respectively 269,720 344,474
Goodwill, net 1,046,944 1,046,944
Intangible assets, net 17,123 22,111
Other 142,308 134,430
Total other assets 1,476,095 1,547,959
Total assets 22,437,544 24,162,970
Current Liabilities    
Accounts payable 917,833 1,355,818
Accrued salaries and wages 340,991 653,276
Other accrued expenses 802,930 760,860
Dividend payable 665,530 616,239
Deferred income 174,000 156,000
Total current liabilities 2,901,284 3,542,193
Deferred Income Taxes 1,661,776 1,884,957
Commitments and Contingencies      
Preferred stock, $.10 par value; 250,000 authorized; -0- shares issued and outstanding    
Common stock, $.03 par value, 100,000,000 shares authorized, 6,050,279 and 6,162,389 issued and outstanding 181,508 184,872
Additional paid-in capital 7,304,921 8,712,743
Retained earnings 10,388,055 9,838,205
Total stockholders’ equity 17,874,484 18,735,820
Total liabilities and stockholders’ equity 22,437,544 24,162,970
Series A Junior Participating Preferred Stock [Member]
   
Preferred stock, $.10 par value; 250,000 authorized; -0- shares issued and outstanding    
Preferred Stock      
Undesignated Series [Member]
   
Preferred stock, $.10 par value; 250,000 authorized; -0- shares issued and outstanding    
Preferred Stock