XML 25 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheet (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2012
Feb. 29, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 920 $ 985
Treasury bills and certificates of deposit 6,269 6,614
Accounts receivable, less allowance for doubtful accounts of $2 and $95 864 770
Inventories, net (Note 5) 3,461 2,982
Prepaid expenses 166 142
TOTAL CURRENT ASSETS 11,680 11,493
PROPERTY, PLANT AND EQUIPMENT, net 597 671
OTHER ASSETS 22 49
TOTAL ASSETS 12,299 12,213
CURRENT LIABILITIES    
Accounts payable 384 279
Prepetition liabilities 988 1,002
Customer deposits 67 25
Accrued expenses (Note 8) 437 552
TOTAL CURRENT LIABILITIES 1,876 1,858
LONG-TERM LIABILITIES, net of current portion 118 128
TOTAL LIABILITIES 1,994 1,986
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value, authorized 500,000 shares, none issued      
Common stock, $.01 par value, authorized 10,000,000 shares, 2,177,832 shares issued and outstanding, net of 173,287 shares of treasury stock as of August 31, 2012. 2,267,775 shares issued and outstanding, net of 273,230 shares of treasury stock as of February 29, 2012 23 23
Additional paid-in capital 2,743 2,736
Retained earnings 7,814 7,468
Less treasury stock (Note 11) (275)   
TOTAL STOCKHOLDERS' EQUITY 10,305 10,227
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,299 $ 12,213