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Consolidated Condensed Balance Sheets (Unaudited) (USD $)
Jun. 30, 2014
Sep. 30, 2013
Current assets:    
Cash and cash equivalents $ 3,989,694 $ 8,476,725
Accounts receivable, net of allowance of $200,000 and $300,000, respectively 3,828,916 2,390,979
Other receivable 1,413,001  
Income tax refund receivable 553,912 258,790
Inventories, net of allowance for excess and obsolete inventory of $2,200,000 and $1,600,000, respectively 23,728,181 18,011,706
Prepaid expenses 187,234 106,509
Deferred income taxes 1,257,000 1,066,000
Current assets of discontinued operations held for sale 12,590 3,267,917
Total current assets 34,970,528 33,578,626
Property and equipment, at cost:    
Land and buildings 7,208,679 7,208,679
Machinery and equipment 3,306,754 2,991,412
Leasehold improvements 129,472 9,633
Total property and equipment, at cost 10,644,905 10,209,724
Less accumulated depreciation (4,090,033) (3,831,238)
Net property and equipment 6,554,872 6,378,486
Intangibles, net of accumulated amortization 7,905,017  
Goodwill 3,004,482 1,150,060
Other assets 131,428 11,428
Assets of discontinued operations held for sale   1,997,520
Total assets 52,566,327 43,116,120
Current liabilities:    
Accounts payable 3,229,664 1,138,494
Accrued expenses 1,008,286 878,474
Notes payable – current portion 943,850 184,008
Other current liabilities 973,230  
Current liabilities of discontinued operations held for sale 4,500 226,757
Total current liabilities 6,159,530 2,427,733
Notes payable, less current portion 5,436,617 1,318,604
Deferred income taxes 236,000 193,000
Other liabilities 1,968,747  
Shareholders’ equity:    
Common stock, $.01 par value; 30,000,000 shares authorized; 10,541,864 and 10,499,138 shares issued, respectively; and 10,041,206 and 9,998,480 shares outstanding, respectively 105,419 104,991
Paid in capital (5,364,063) (5,578,500)
Retained earnings 45,024,091 45,650,306
Total shareholders’ equity before treasury stock 39,765,447 40,176,797
Less: Treasury stock, 500,658 shares, at cost (1,000,014) (1,000,014)
Total shareholders’ equity 38,765,433 39,176,783
Total liabilities and shareholders’ equity $ 52,566,327 $ 43,116,120