XML 39 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
Jun. 30, 2012
Jun. 30, 2011
ASSETS    
Cash and cash equivalents $ 769,300 $ 907,800
Investment securities 718,300 693,400
Trade accounts receivable, less allowance for doubtful accounts of $11,600 in 2012 and 2011 623,500 620,000
Inventories 1,613,700 1,639,800
Prepaid and other current assets 167,800 197,700
Deferred taxes 70,200 77,700
Total current assets 3,962,800 4,136,400
Property and equipment, net 180,500 175,100
Intangible assets, net 877,300 112,300
Goodwill 589,900 447,900
Other assets 25,700 25,700
Deferred taxes 136,000 115,800
Total assets 5,772,200 5,013,200
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 114,800 128,100
Customer advances 98,500   
Accrued expenses and taxes 237,500 284,300
Contingent consideration payable 19,000   
Notes payable, current portion 75,800   
Total current liabilities 545,600 412,400
Contingent consideration payable, less current portion 88,400   
Notes payable, less current portion 105,000   
Total liabilities 739,000 412,400
Shareholders' equity:    
Common stock, $.05 par value; authorized 7,000,000 shares; issued 1,355,514 shares in 2012 and 1,216,379 in 2011 67,800 60,800
Additional paid-in capital 1,968,700 1,558,500
Accumulated other comprehensive loss (12,600) (21,500)
Retained earnings 3,061,700 3,055,400
Total 5,085,600 4,653,200
Less common stock held in treasury at cost, 19,802 shares 52,400 52,400
Total shareholders' equity 5,033,200 4,600,800
Total liabilities and shareholders' equity $ 5,772,200 $ 5,013,200