XML 30 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Nov. 30, 2013
Nov. 30, 2012
Cash Flows From Operating activities    
Net income $ 2,906,265 $ 1,381,627
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 670,219 691,590
Impairment loss – Aspen Leaf Yogurt long-lived assets   1,978,216
Provision for loss on accounts and notes receivable 212,400 245,000
Provision for obsolete inventory 32,936 45,000
Asset impairment and store closure losses   (17,000)
Gain on sale or acquisition of property and equipment (907) (24,957)
Expense recorded for stock compensation 435,126 324,767
Deferred income taxes 4,303 (322,344)
Changes in operating assets and liabilities:    
Accounts receivable (613,566) (656,248)
Inventories (36,687) 9,150
Other current assets (211,981) (57,608)
Accounts payable (1,050,447) (542,793)
Accrued liabilities (896,897) (134,605)
Deferred income 25,502 (16,070)
Net cash provided by operating activities 1,476,266 2,903,725
Cash Flows From Investing Activities    
Addition to notes receivable (684,098) (36,215)
Proceeds received on notes receivable 231,614 169,279
Proceeds from sale or distribution of assets 2,600 669,300
Purchases of property and equipment (1,112,431) (691,493)
Increase in other assets 97,129 (5,672)
Net cash provided by (used in) investing activities (1,465,186) 105,199
Cash Flows From Financing Activities    
Repurchase of common stock   (1,715,352)
Issuance of common stock 14,816 22,224
Tax benefit of stock awards 68,832 52,042
Dividends paid (2,009,108) (1,957,500)
Net cash used in financing activities (1,925,460) (3,598,586)
Net Decrease in Cash and Cash Equivalents (1,914,380) (589,662)
Cash and Cash Equivalents, Beginning of Period 5,321,696 4,125,444
Cash and Cash Equivalents, End of Period $ 3,407,316 $ 3,535,782