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Condensed Consolidated Balance Sheets (USD $)
Jun. 30, 2011
Mar. 31, 2011
Current Assets:    
Cash and cash equivalents $ 6,660,973 $ 6,515,067
Short-term investments   51,035
Accounts receivable, less allowance for doubtful accounts of $41,000 and $40,000 6,680,079 11,690,376
Notes and other receivables-current 16,905 78,423
Income tax receivable 447,243  
Inventories 13,138,488 11,538,120
Deferred income taxes 406,000 406,000
Prepaid expenses and other 199,113 428,038
Total Current Assets 27,548,801 30,707,059
Property and Equipment, net 1,530,599 1,189,107
Deferred Income Taxes 365,000 365,000
Cash Surrender Value of Life Insurance Policies 1,608,969 1,591,968
Notes and Other Receivables-LongTerm 307,419 288,031
Other Assets 79,525 79,523
Total Assets 31,440,313 34,220,688
Current Liabilities:    
Accounts payable 3,759,641 6,100,012
Accrued expenses 1,752,626 1,799,791
Income taxes payable   72,000
Current portion of long-term obligations 5,035 8,271
Total Current Liabilities 5,517,302 7,980,074
Stockholders' Equity:    
Preferred stock, $1.00 par value, 50,000 shares authorized, 0 0
Common stock, $.25 par value; 4,000,000 shares authorized, 2,446,286 and 2,431,286 shares issued and outstanding 611,571 607,821
Additional paid-in capital 6,360,567 6,238,498
Retained earnings 18,950,873 19,394,295
Total Stockholders' Equity 25,923,011 26,240,614
Total Liabilities and Stockholders’ Equity $ 31,440,313 $ 34,220,688