Restatement Of Financial Statements (Tables)

9 Months Ended

Nov. 30, 2014

Restatement Of Financial Statements [Abstract]

Schedule of restatement balance sheet

	Condensed Balance Sheet as of August 31, 2014
	As Previously
	Reported		Adjustments			As Restated
Inventories, net	$	4,929	$	(449	)	$	4,480
Total Current Assets		12,873		(449	)		12,424
Total Assets		13,376		(449	)		12,927
Retained Earnings		9,943		(449	)		9,494
Total Stockholders’ Equity		12,454		(449	)		12,005
Total Liabilities and Stockholders’ Equity		13,376		(449	)		12,927

Schedule of restatement income

	Condensed Statement of Income for the
	Three Months Ended August 31, 2014
	As Previously
	Reported		Adjustments			As Restated
Cost of Sales	$	1,218	$	449		$	1,667
Gross Profit		1,087		(449	)		638
Operating Income		701		(449	)		252
Income before provision for income taxes		703		(449	)		254
Net income		700		(449	)		251
Total comprehensive income		701		(449	)		252
Income Per Share from operating income - Basic		.32		(.20	)		.12
Income Per Share from operating income - Diluted		.29		(.19	)		.10
Net Income Per Share - Basic		.32		(.20	)		.12
Net Income Per Share - Diluted		.29		(.19	)		.10

	Condensed Statement of Income for the
	Six Months Ended August 31, 2014
	As Previously
	Reported		Adjustments			As Restated
Cost of Sales	$	3,032	$	449		$	3,481
Gross Profit		1,578		(449	)		1,129
Operating Income		856		(449	)		407
Income before provision for income taxes		870		(449	)		421
Net income		863		(449	)		414
Total comprehensive income		863		(449	)		414
Income Per Share from operating income - Basic		.39		(.20	)		.19
Income Per Share from operating income - Diluted		.36		(.19	)		.17
Net Income Per Share - Basic		.40		(.21	)		.19
Net Income Per Share - Diluted		.36		(.19	)		.17

Schedule of restatement cash flow

	Condensed Statements of Cash Flow for
	Six Months Ended August 31, 2014
	As Previously
	Reported			Adjustments			As Restated
Cash Flows from Operating Activities:
Net income	$	863		$	(449	)	$	414
Inventories, net		(613	)		449			(164	)
Total Adjustments		(181	)		449			268