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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Sep. 30, 2010
ASSETS    
Cash and cash equivalents $ 4,479,840 $ 4,111,966
Accounts receivable, net of allowance for doubtful accounts of $182,634 and $132,584 and sales returns allowance of $18,356 and $24,168 for September 30, 2011 and September 30, 2010, respectively. 5,889,140 6,360,583
Inventories 3,250,539 3,097,219
Costs in excess of billings 408,240 135,157
Deferred tax asset 1,119,800 1,196,735
Other Assets 7,511 0
Prepaid income taxes 355,508 166,231
Prepaid expenses and other current assets 133,544 453,418
Total current assets 15,644,122 15,521,309
Property, Plant and Equipment, net 4,860,328 3,953,319
Other Assets    
Intangibles, net 6,374,329 6,671,149
Goodwill 13,330,182 13,775,087
Deferred tax asset - non current 694,800 0
Deferred financing costs, net 150,656 190,568
Total other assets 20,549,967 20,636,804
Total Assets 41,054,417 40,111,432
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current portion of long-term debt 1,859,728 1,870,779
Accounts payable 2,088,395 1,482,250
Accrued expenses and other liabilities 2,075,459 2,177,743
Contingent consideration 183,713 0
Dividends payable 0 131,400
Total current liabilities 6,207,295 5,662,172
Long-term Liabilities    
Long-term debt, net 8,985,442 10,833,334
Deferred tax liability 1,619,636 873,300
Contingent consideration 0 750,000
Total long-term liabilities 10,605,078 12,456,634
Temporary Equity    
Redeemable common stock, at redemption value of $2 per share or $2,000,000; put option on 1,000,000 shares issued and outstanding at September 30, 2011 and September 30, 2010, respectively. 2,000,000 2,000,000
Stockholders' Equity    
Common Stock, $0.0005 par value, 40,000,000 shares authorized, 15,393,053 and 12,482,356 shares issued, 14,546,263 and and 11,672,196 shares outstanding at September 30, 2011 and September 30, 2010, respectively. 7,697 6,241
Preferred Stock, $.001 par value, 15,000,000 shares authorized, 0 and 5,256,000 shares issued and outstanding at September 30, 2011 and September 30, 2010, respectively, 10% cumulative, convertible 0 5,256
Additional paid in capital 17,593,140 15,186,029
Deferred compensation (1,696,384) (160,088)
Accumulated other comprehensive income 297,566 150,162
Retained earnings 7,026,367 5,791,368
Total Of Stockholders Equitry Before Treasury Stock 23,228,386 20,978,968
Less 810,160 shares of treasury stock - at cost (986,342) (986,342)
Total stockholders' equity 22,242,044 19,992,626
Total Liabilities and Stockholders' Equity $ 41,054,417 $ 40,111,432