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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2016
Sep. 30, 2015
Equity Method Investments [Member]    
Property and equipment, at cost:    
Investment in and loans to equity method investee $ 1,515,721
Cash and cash equivalents 5,143,774 6,110,986
Accounts receivable, net of allowance for doubtful accounts of $250,000 5,839,088 4,286,377
Inventories, net of allowance for excess and obsolete inventory of $3,206,628 and $2,756,628, respectively 21,667,539 23,600,996
Prepaid expenses 241,498 153,454
Deferred income taxes 1,824,000 1,776,000
Total current assets 34,715,899 35,927,813
Land and buildings 7,218,678 7,218,678
Machinery and equipment 3,713,134 3,415,164
Leasehold improvements 151,957 151,957
Total property and equipment, at cost 11,083,769 10,785,799
Less: Accumulated depreciation (4,883,554) (4,584,796)
Net property and equipment 6,200,215 6,201,003
Intangibles, net of accumulated amortization 5,180,120 5,799,473
Goodwill 3,910,089 3,910,089
Other assets 135,988 134,678
Total assets 51,658,032 51,973,056
Current liabilities:    
Accounts payable 2,483,707 1,784,482
Accrued expenses 1,352,554 1,358,681
Income tax payable 52,895 122,492
Notes payable – current portion 896,330 873,752
Other current liabilities 952,331 982,094
Total current liabilities 5,737,817 5,121,501
Notes payable, less current portion 3,690,640 4,366,130
Deferred income taxes 314,000 286,000
Other liabilities 120,256 1,064,717
Total liabilities 9,862,713 10,838,348
Shareholders’ equity:    
Common stock, $.01 par value; 30,000,000 shares authorized; 10,634,893 and 10,564,221 shares issued, respectively; 10,134,235 and 10,063,563 shares outstanding, respectively 106,349 105,642
Paid in capital (4,938,075) (5,112,269)
Retained earnings 47,627,059 47,141,349
Total shareholders’ equity before treasury stock 42,795,333 42,134,722
Less: Treasury stock, 500,658 shares, at cost (1,000,014) (1,000,014)
Total shareholders’ equity 41,795,319 41,134,708
Total liabilities and shareholders’ equity $ 51,658,032 $ 51,973,056