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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 02, 2011
Jun. 03, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 1,639,785 $ 2,721,638
Receivables, net 10,319,437 10,220,220
Inventories:    
Raw materials and supplies 2,209,713 1,596,731
Finished goods 3,789,410 3,398,898
Total inventories 5,999,123 4,995,629
Prepaid expenses 2,488,127 1,803,827
Accrued income taxes 439,313 865,467
Deferred income taxes 633,370 633,370
Total current assets 21,519,155 21,240,151
Property, plant and equipment, net 25,503,741 24,646,418
Other assets 2,001,749 2,234,337
Total 49,024,645 48,120,906
CURRENT LIABILITIES    
Checks outstanding in excess of bank balances 1,637,133 998,386
Accounts payable 6,673,695 6,323,448
Current portion of long-term debt 568,629 344,791
Other accrued expenses 4,721,748 4,604,603
Salary continuation plan 174,481 167,662
Line of credit outstanding 1,378,206 1,777,567
Total current liabilities 15,153,892 14,216,457
LONG-TERM LIABILITIES    
Notes payable - bank, non-current 5,670,291 6,064,983
Salary continuation plan 1,154,654 1,211,895
Deferred income taxes 2,969,917 2,969,917
Total long-term liabilities 9,794,862 10,246,795
STOCKHOLDER'S EQUITY    
Common stock - $.66-2/3 par value: 35,000,000 shares authorized Issued 13,828,793 shares 9,219,195 9,219,195
Additional paid-in capital 6,497,954 6,497,954
Retained earnings 19,284,501 18,866,264
Stockholders' equity excluding treasury stock 35,001,650 34,583,413
Less: Cost of common shares in treasury (2,094,161 shares at December 2, 2011 and June 3, 2011 respectively) (10,925,759) (10,925,759)
Total stockholder's equity 24,075,891 23,657,654
Total $ 49,024,645 $ 48,120,906