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Condensed Consolidated Balance Sheets (USD $)
Aug. 31, 2014
May 31, 2014
Current Assets:    
Cash and cash equivalents $ 4,210,713 $ 2,841,967
Certificates of deposit and marketable securities 1,518,936 1,514,856
Accounts receivable, net of allowance for doubtful accounts of $193,000 7,829,021 8,790,338
Other receivables 6,505 9,330
Prepaid expenses 37,680 74,188
Prepaid and recoverable income taxes 38,357 32,159
Deferred income taxes 86,000 86,000
Total Current Assets 13,727,212 13,348,838
Equipment and leasehold improvements, net of accumulated depreciation and amortization of $250,291 and $245,482 36,627 34,095
Other assets 49,653 49,653
Deferred income taxes 106,000 130,000
Total Assets 13,919,492 13,562,586
Current Liabilities:    
Accounts and other payables 1,284,409 929,404
Accrued expenses and other current liabilities 2,193,744 2,221,158
Advances from customers 1,476,657 1,491,946
Total Liabilities 4,954,810 4,642,508
Commitments and contingencies      
Equity:    
Preferred stock, $1 par value, authorized 500,000 shares; none issued      
Common stock, $0.01 par value, authorized 12,500,000 shares; issued 3,114,163 shares; 1,962,062 outstanding 31,142 31,142
Additional paid-in capital 5,102,868 5,102,868
Retained earnings 17,244,539 17,219,947
Shareholder's equity before treasury stock 22,378,549 22,353,957
Less: Treasury stock, 1,152,101 shares, at cost 13,514,003 13,514,003
Total TSR, Inc. Equity 8,864,546 8,839,954
Noncontrolling Interest 100,136 80,124
Total Equity 8,964,682 8,920,078
Total Liabilities and Equity $ 13,919,492 $ 13,562,586