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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
May. 31, 2015
Feb. 28, 2015
Undesignated Series [Member]    
Stockholders’ Equity    
Preferred Stock $ 0 $ 0
Common Stock, before Reorganization [Member]    
Stockholders’ Equity    
Common stock, $.03 par value, 100,000,000 shares authorized, 0 and 6,012,799 issued and outstanding, respectively   180,384
Common Stock, after Reorganization [Member]    
Stockholders’ Equity    
Common stock, $.03 par value, 100,000,000 shares authorized, 0 and 6,012,799 issued and outstanding, respectively 6,025  
Cash and cash equivalents 8,368,298 7,157,371
Accounts receivable, less allowance for doubtful accounts of $733,028 and $696,798, respectively 3,488,663 4,291,470
Notes receivable, current portion, less current portion of the valuation allowance of $2,262 and $3,762, respectively 312,997 359,493
Refundable income taxes 0 172,945
Inventories, less reserve for obsolete inventory of $210,435 and $197,658, respectively 3,868,711 4,785,376
Deferred income taxes 637,443 572,957
Other 407,148 318,275
Total current assets 17,083,260 17,657,887
Property and Equipment, Net 6,663,152 6,797,536
Notes receivable, less current portion and valuation allowance of $30,000 and $28,500, respectively 625,577 668,302
Goodwill, net 2,977,473 2,977,473
Franchise rights, net 5,362,785 5,439,460
Intangible assets, net 435,151 440,428
Other 144,757 157,127
Total other assets 9,545,743 9,682,790
Total Assets 33,292,155 34,138,213
Current maturities of long term debt 1,218,525 1,208,888
Accounts payable 1,512,058 1,675,746
Accrued salaries and wages 659,962 819,184
Other accrued expenses 3,339,469 2,910,777
Dividend payable 713,838 721,536
Deferred income 820,681 951,241
Total current liabilities 8,264,533 8,287,372
Long-Term Debt, Less Current Maturities 4,774,903 5,083,479
Deferred Income Taxes $ 998,809 1,029,507
Commitments and Contingencies    
Preferred Stock $ 0 0
Additional paid-in capital 7,607,648 7,163,092
Retained earnings 11,573,830 11,524,708
Non-controlling interest in equity of subsidiary 1,100,766 869,671
Treasury stock, 75,968 shares and 0 shares, at cost (1,034,359) 0
Total stockholders’ equity 19,253,910 19,737,855
Total Liabilities and Stockholders’ Equity $ 33,292,155 $ 34,138,213