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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 9,749,864 $ 7,853,343
Accounts receivable, less allowance 16,441,970 12,904,168
Inventories 30,292,120 24,494,992
Deferred income taxes 402,467 281,573
Prepaid expenses and other current assets 1,522,745 988,288
Total current assets 58,409,166 46,522,364
Property, plant and equipment:    
Land 291,310 288,313
Buildings 2,294,327 2,276,662
Machinery and equipment 8,282,926 7,657,373
Total property, plant and equipment 10,868,563 10,222,348
Less: accumulated depreciation 8,515,327 7,716,224
Net plant, property and equipment 2,353,236 2,506,124
Note receivable 1,701,987 1,765,831
Intangible assets, less accumulated amortization 4,240,401 3,284,663
Deferred income taxes 967,892 1,053,926
Other assets 155,134 88,828
Total assets 67,827,816 55,221,736
Current liabilities:    
Accounts payable 6,480,146 4,935,495
Other accrued liabilities 5,250,071 3,768,525
Total current liabilities 11,730,217 8,704,020
Long-term debt 24,319,829 17,568,484
Other accrued liabilities - non current 911,467 1,174,305
Total liabilities 36,961,513 27,446,809
STOCKHOLDERS' EQUITY    
Common stock, par value $2.50: authorized 8,000,000 shares; issued - 4,487,524 shares in 2012 and 4,454,024 shares in 2011, including treasury stock 11,218,055 11,134,303
Treasury stock, at cost, 1,362,072 shares in 2012 and 1,319,047 shares in 2011 (12,283,251) (11,844,354)
Additional paid-in capital 5,636,274 5,120,277
Accumulated other comprehensive loss (786,893) (1,038,319)
Retained earnings 27,082,118 24,403,020
Total stockholders' equity 30,866,303 27,774,927
Total liabilities and stockholders' equity $ 67,827,816 $ 55,221,736