Consolidated Balance Sheets - USD ($)	Mar. 31, 2016	Dec. 31, 2015
Current Assets:
Cash	$ 2,436,078	$ 2,468,415
Trade accounts receivable less allowances of approximately $67,000 and $78,000, respectively	4,090,357	5,092,040
Receivables due from affiliated companies	1,068,430	1,051,091
Inventories, net	9,065,836	7,914,950
Prepaid expenses and other current assets	1,155,669	942,820
Deferred tax asset	122,831	125,335
Total Current Assets	17,939,201	17,594,651
Property, plant and equipment, net	5,203,611	5,356,388
Other Assets:
Intangible assets, net	1,020,398	1,037,968
Total Other Assets	1,020,398	1,037,968
Total Assets	24,163,210	23,989,007
Current Liabilities:
Accounts payable - trade	2,119,425	1,101,720
Current portion of long-term debt	453,533	451,148
Dividends payable	540,531
Accrued expenses payable	893,477	1,098,721
Total Current Liabilities	4,006,966	2,651,589
Deferred tax liability	356,488	365,012
Long-term debt, less current portion	213,567	328,818
Total Liabilities	$ 4,577,021	$ 3,345,419
Commitments and contingencies
Shareholders' Equity:
Common stock - $.01 par value, 12,000,000 shares authorized; 9,008,855 shares and 8,983,374 shares issued, respectively	$ 90,089	$ 89,834
Additional paid in capital	9,308,658	9,287,313
Foreign currency translation adjustment	(282,108)	(284,442)
Retained earnings	10,469,550	11,550,883
Total Shareholders' Equity	19,586,189	20,643,588
Total Liabilities and Shareholders' Equity	$ 24,163,210	$ 23,989,007