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Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash and cash equivalents$ 2,305,485$ 9,107,461
Accounts receivable - trade19,301,11316,523,061
Accounts receivable - other3,136,1321,274,209
Prepaid expenses and other current assets2,909,6994,030,708
Inventories*39,107,821[1]31,029,947[1]
TOTAL CURRENT ASSETS66,760,25061,965,386
PROPERTY, PLANT AND EQUIPMENT, NET8,787,6529,463,884
OTHER INTANGIBLE ASSETS, NET2,990,292911,225
DEFERRED INCOME TAXES2,070,0001,680,000
OTHER ASSETS122,305173,403
TOTAL ASSETS80,730,49974,193,898
CURRENT LIABILITIES:  
Accounts payable7,171,0205,103,768
Other current liabilities4,361,1803,713,038
TOTAL CURRENT LIABILITIES11,532,2008,816,806
LONG-TERM DEBT800,0000
LONG-TERM PENSION LIABILITY3,623,2753,535,470
OTHER LONG-TERM LIABILITIES700,000742,000
SHAREHOLDERS' EQUITY:  
Preferred stock, $1 par value - authorized 300,000 shares (none issued)00
Common stock, $.001 par value - authorized 50,000,000 shares, issued and outstanding - 5,974,517 and 5,959,975 shares, respectively.5,9745,960
Additional paid-in capital19,130,91716,753,094
Retained earnings48,750,87048,402,710
Accumulated other comprehensive loss, net of tax:  
Pensions(3,812,737)(4,062,142)
TOTAL SHAREHOLDERS' EQUITY64,075,02461,099,622
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 80,730,499$ 74,193,898
[1]Inventories consist of the following: Finished goods $23,783,935 and $23,828,283, Work in process $71,314 and $66,853, Raw materials $15,252,572 and $7,134,811, Inventories $39,107,821 and $31,029,947, respectively.