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CONDENSED BALANCE SHEETS (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash $ 669,725 $ 823,376
Accounts receivable, net 4,445,461 6,152,544
Costs and estimated earnings in excess of billings on uncompleted contracts 60,881,222 47,165,166
Prepaid expenses and other current assets 619,029 606,369
Total current assets 66,615,437 54,747,455
Plant and equipment, net 1,275,851 881,915
Deferred income taxes 941,000 668,000
Other assets 29,313 159,817
Total Assets 68,861,601 56,457,187
Current Liabilities:    
Accounts payable 8,308,744 8,267,330
Accrued expenses 259,989 301,941
Current portion of long-term debt 819,416 685,008
Line of credit 7,800,000 800,000
Income tax payable 1,023,006 134,006
Deferred income taxes 182,000 182,000
Total current liabilities 18,393,155 10,370,285
Long-term debt, net of current portion 1,009,537 1,190,097
Other liabilities 206,157 226,362
Total Liabilities 19,608,849 11,786,744
Shareholders' Equity:    
Common stock - $.001 par value; authorized 50,000,000 shares,issued 7,048,570 and 6,911,570 shares, respectively, and outstanding 6,915,313 and 6,789,736 shares, respectively 7,049 6,912
Additional paid-in capital 35,063,276 33,272,237
Retained earnings 15,356,789 12,417,924
Accumulated other comprehensive loss (34,136) (45,404)
Treasury stock, 133,257 and 121,834 shares, respectively (at cost) (1,140,226) (981,226)
Total Shareholders' Equity 49,252,752 44,670,443
Total Liabilities and Shareholders' Equity $ 68,861,601 $ 56,457,187