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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash $ 472,886 $ 268,204
Restricted Cash 305,683 0
Accounts Receivable, less allowances of $209,000 and $883,000 17,417,481 17,320,784
Inventories 18,526,722 20,653,841
Prepaid Expenses 815,045 1,048,373
Income Taxes Receivable 229,604 198,535
Total Current Assets 37,767,421 39,489,737
Property and Equipment, Net 10,175,533 10,330,834
Goodwill 2,375,454 3,283,454
Other Intangible Assets, Net 1,738,621 1,861,764
Deferred Taxes 20,720 543,000
Other Non Current Assets 7,726 7,726
Total Assets 52,085,475 55,516,515
Current Liabilities    
Current Maturities of Long-Term Debt 1,002,586 1,565,347
Current Portion of Capital Lease Obligation 295,372  
Accounts Payable 11,699,220 13,825,530
Accrued Payroll and Commissions 2,900,361 3,311,693
Other Accrued Liabilities 2,107,916 1,603,069
Income Taxes Payable 39,511  
Total Current Liabilities 18,044,966 20,305,639
Long-Term Liabilities    
Long-term Line of Credit 8,502,853 7,315,262
Long-Term Debt, Net of Current Maturities 4,353,042 4,891,631
Long-Term Capital Lease Obligation, Net of Current Portion 1,221,534  
Other Long-Term Liabilities 137,547 689,195
Total Long-Term Liabilities 14,214,976 12,896,088
Total Liabilities 32,259,942 33,201,727
Commitments and Contingencies
Shareholders' Equity    
Preferred Stock, $1 par value; 1,000,000 Shares Authorized; 250,000 Shares Issued and Outstanding 250,000 250,000
Common Stock - $0.01 par value; 9,000,000 Shares Authorized; 2,739,250 and 2,747,831 Shares Issued and Outstanding, respectively 27,393 27,478
Additional Paid-In Capital 15,759,610 15,746,665
Accumulated Other Comprehensive Loss (100,785) (44,445)
Retained Earnings 3,889,315 6,335,090
Total Shareholders' Equity 19,825,533 22,314,788
Total Liabilities and Shareholders' Equity $ 52,085,475 $ 55,516,515