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Consolidated Statements of Cash Flows (USD $)
6 Months Ended
May 31, 2012
May 31, 2011
Cash flows from operations:    
Net income (loss) $ 1,129,479 $ (193,828)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Stock based compensation 34,518 52,473
Depreciation expense 377,578 372,291
Amortization expense 30,000 30,000
Deferred income taxes 56,952 138,000
(Increase) decrease in:    
Accounts receivable (5,397,295) (578,145)
Inventories (559,868) (770,053)
Income taxes receivable   (270,388)
Other current assets (124,309) (153,380)
Increase (decrease) in:    
Accounts payable 1,354,166 (49,395)
Contracts in progress, net 1,612,755 416,226
Customer deposits 1,141,274 1,636,490
Income taxes payable 72,042 (594,816)
Accrued expenses 393,201 (167,174)
Net cash provided by (used in) operating activities 120,493 (131,699)
Cash flows from investing activities:    
Purchases of property, plant, and equipment (203,129) (434,065)
Net change in asset held for lease   (229,095)
Purchase of assets of Universal Harvester (3,003,565)  
Net cash (used in) investing activities (3,206,694) (663,160)
Cash flows from financing activities:    
Proceeds from line of credit borrowings 9,271,000 6,510,386
Repayment of line of credit borrowings (8,573,965) (5,656,000)
Payments of notes payable to bank (328,204) (300,432)
Proceeds from term debt 2,880,000  
Proceeds from the exercise of stock options 9,110 38,950
Net cash (used in) provided by financing activities 3,257,941 592,904
Net increase (decrease) in cash 171,740 (201,955)
Cash at beginning of period 118,924 317,103
Cash at end of period 290,664 115,148
Cash paid/(received) during the period for:    
Interest 198,718 201,848
Income taxes 436,900 640,850
Universal Harvester acquisition:    
Inventories 902,589  
Equipment, tools and dies 364,053  
Goodwill and intangible assets 699,900  
Land and Building 1,072,573  
Non-Cash Activity: Stock issued for purchase of assets (35,550)  
Cash paid $ 3,003,565