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Condensed Consolidated Balance Sheets (USD $)
Nov. 30, 2011
May 31, 2011
ASSETS    
Cash and cash equivalents $ 5,570,865 $ 4,645,854
Certificates of deposit and marketable securities. 2,269,460 3,016,542
Accounts receivable, net of allowance for doubtful accounts of $193,000 9,123,421 8,921,861
Other receivables. 5,660 4,981
Prepaid expenses 67,197 57,781
Prepaid and recoverable income taxes. 42,509 41,299
Deferred income taxes. 86,000 86,000
Total Current Assets. 17,165,112 16,774,318
Certificates of deposit and marketable securities   250,000
Equipment and leasehold improvements, net of accumulated depreciation and amortization of $279,943 and $274,890. 21,406 16,249
Other assets. 49,653 49,653
Deferred income taxes 48,000 51,000
Total Assets. 17,284,171 17,141,220
LIABILITIES AND EQUITY    
Accounts and other payables. 1,299,265 943,082
Accrued expenses and other current liabilities 1,775,544 1,935,505
Advances from customers. 1,463,377 1,507,439
Total Current Liabilities. 4,538,186 4,386,026
Commitments and contingencies      
Equity:    
Preferred stock, $1 par value, authorized 500,000 shares; none issued.      
Common stock, $.01 par value, authorized 12,500,000 shares; issued 3,114,163 shares,1,993,966 and 2,019,091 outstanding 31,142 31,142
Additional paid-in capital 5,102,868 5,102,868
Retained earnings. 20,937,171 20,858,282
Shareholder's equity before treasury stock 26,071,181 25,992,292
Less: Treasury stock, 1,120,197 and 1,095,072 shares, at cost. 13,383,339 13,279,263
Total TSR, Inc. Equity 12,687,842 12,713,029
Noncontrolling Interest 58,143 42,165
Total Equity 12,745,985 12,755,194
Total Liabilities and Equity. $ 17,284,171 $ 17,141,220