XML 19 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (USD $)
Mar. 31, 2012
Mar. 31, 2011
ASSETS    
Cash and cash equivalents $ 1,544,536 $ 952,209
Marketable securities, short term 17,551,629 7,970,358
Accounts receivable, net of allowance for uncollectible accounts of $15,000 2,684,840 3,596,239
Inventories 3,229,376 3,343,857
Prepaid expenses and other assets 1,159,852 1,185,306
Total current assets 26,170,233 17,047,969
Fixed assets    
Machinery and equipment 7,488,211 6,178,207
Leasehold improvements 720,882 612,682
Gross fixed assets 8,209,093 6,790,889
Less accumulated depreciation 5,697,861 5,259,773
Net fixed assets 2,511,232 1,531,116
Marketable securities, long term 54,445,298 53,257,140
Total assets 83,126,763 71,836,225
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 663,702 731,580
Accrued payroll and other 867,331 987,403
Deferred taxes 136,872 146,693
Total current liabilities 1,667,905 1,865,676
Shareholders' equity    
Common stock, $0.01 par value, 6,000,000 shares authorized; 4,824,745 issued and outstanding as of March 31, 2012 and 4,776,198 issued and outstanding as of March 31, 2011 48,247 47,762
Additional paid-in capital 20,974,477 20,894,766
Accumulated other comprehensive income 1,087,456 1,060,438
Retained earnings 59,348,678 47,967,583
Total shareholders' equity 81,458,858 69,970,549
Total liabilities and shareholders' equity $ 83,126,763 $ 71,836,225