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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Jun. 30, 2013
Current Assets:    
Cash and cash equivalents $ 1,109,000 $ 927,300
Investment securities 643,800 908,400
Trade accounts receivable, net 926,800 815,900
Inventories 1,871,200 1,705,600
Prepaid expenses and other current assets 84,300 59,000
Deferred taxes 88,800 86,600
Total current assets 4,723,900 4,502,800
Property and equipment at cost, net 148,800 156,500
Intangible assets, net 719,300 773,500
Goodwill 589,900 589,900
Other assets 24,100 24,100
Deferred taxes 97,200 106,200
Total assets 6,303,200 6,153,000
Current Liabilities:    
Accounts payable 151,100 156,800
Customer advances 210,700 15,900
Bank line of credit 50,000 0
Notes payable, current 66,200 78,300
Accrued expenses and taxes 313,600 407,700
Contingent consideration payable, current 19,000 19,000
Total current liabilities 810,600 677,700
Contingent consideration payable, less current portion 51,600 51,600
Notes payable, less current portion 0 26,700
Total liabilities 862,200 756,000
Shareholders' equity:    
Common stock, $.05 par value; authorized 7,000,000 shares; 1,362,465 issued and outstanding at December 31, 2013 and 1,357,465 at June 30, 2013. 68,100 67,900
Additional paid-in capital 1,993,700 1,977,100
Accumulated other comprehensive loss (16,200) (13,600)
Retained earnings 3,447,800 3,418,000
Total 5,493,400 5,449,400
Less common stock held in treasury at cost, 19,802 shares 52,400 52,400
Total shareholders' equity 5,441,000 5,397,000
Total liabilities and shareholders' equity $ 6,303,200 $ 6,153,000