XML 35 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2014
Feb. 28, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 625 $ 1,297
Treasury bills and Certificates of Deposit 6,261 5,173
Accounts receivable, less allowance for doubtful accounts of $2 785 1,081
Inventories, net (Note 3) 4,316 4,033
Prepaid expenses and other current assets 155 168
TOTAL CURRENT ASSETS 12,142 11,752
PROPERTY, PLANT AND EQUIPMENT, net (Note 4) 558 592
OTHER ASSETS 7 36
TOTAL ASSETS 12,707 12,380
CURRENT LIABILITIES    
Accounts payable-Post-petition 307 313
Accounts payable-Pre-petition 8 278
Customer deposits 94 271
Accrued expenses and other current liabilities (Note 5) 605 722
TOTAL CURRENT LIABILITIES 1,014 1,584
TOTAL LIABILITIES 1,014 1,584
COMMITMENTS AND CONTINGENCIES (Note 13)      
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 273,230 shares of treasury stock as of Feb 28, 2014, and Feb 28,2013 23 23
Additional paid-in capital 2,743 2,743
Accumulated other comprehensive income 14 13
Retained earnings 9,188 8,292
Less treasury stock (275) (275)
TOTAL STOCKHOLDERS' EQUITY 11,693 10,796
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,707 $ 12,380