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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current Assets:  
Cash and cash equivalents$ 409,452$ 725,524
Certificates of deposit6,320,0006,380,000
Accounts receivable, net5,335,805[1]4,017,081[2]
Inventories, net4,828,9374,310,154
Deferred tax assets391,191394,191
Prepaid income taxes 72,249
Other current assets378,481280,768
Total current assets17,663,86616,179,967
Property, Plant and Equipment:  
Land923,587936,312
Land improvements314,563314,563
Buildings and improvements6,052,3856,354,014
Production equipment and other28,330,27428,019,687
Property, Plant and Equipment Gross35,620,80935,624,576
Less accumulated depreciation28,084,87128,145,698
Net property, plant and equipment7,535,9387,478,878
Total assets25,199,80423,658,845
Current Liabilities:  
Accounts payable1,105,464748,781
Accrued wages and salaries794,651405,604
Other accrued expenses477,061312,123
Unearned revenue and customer deposits98,61384,698
Total current liabilities2,475,7891,551,206
Deferred income taxes687,275745,275
Total liabilities3,163,0642,296,481
Commitments and contingencies (Note 3)  
Shareholders' Equity:  
Preferred stock [3] [3]
Common stock1,138,096[4]1,138,096[4]
Additional paid-in capital447,134447,134
Retained earnings24,373,60823,699,232
Treasury stock(3,922,098)[5](3,922,098)[5]
Total shareholders' equity22,036,74021,362,364
Total liabilities and shareholders' equity$ 25,199,804$ 23,658,845
[1]Net of allowance of $132,000.
[2]Net of allowance of $135,000.
[3]No par value, 500,000 shares authorized, none outstanding.
[4]$1.00 par value, 4,000,000 shares authorized, 1,138,096 shares issued, 966,132 shares outstanding.
[5]At cost, 171,964 shares.