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Condensed Consolidated Balance Sheets - USD ($)
Nov. 30, 2015
May. 31, 2015
Current Assets:    
Cash and cash equivalents $ 4,680,227 $ 3,669,790
Certificates of deposit and marketable securities 1,557,816 1,271,568
Accounts receivable, net of allowance for doubtful accounts of $193,000 7,585,270 8,754,784
Other receivables 8,031 2,458
Prepaid expenses 165,099 116,096
Deferred income taxes 120,000 120,000
Total Current Assets 14,116,443 13,934,696
Equipment and leasehold improvements, net of accumulated depreciation and amortization of $265,859 and $254,732 35,413 38,931
Other assets 49,653 49,653
Deferred income taxes 13,000 28,000
Total Assets 14,214,509 14,051,280
Current Liabilities:    
Accounts and other payables 898,020 1,129,105
Accrued expenses and other current liabilities 2,516,871 2,383,842
Income taxes payable 57,877 3,877
Advances from customers 1,367,714 1,431,522
Total Liabilities $ 4,840,482 $ 4,948,346
Commitments and contingencies
TSR, Inc.:    
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, 1,962,062 outstanding $ 31,142 $ 31,142
Additional paid-in capital 5,102,868 5,102,868
Retained earnings 17,666,471 17,412,658
Shareholder's equity before treasury stock 22,800,481 22,546,668
Less: Treasury stock, 1,152,101 shares, at cost 13,514,003 13,514,003
Total TSR, Inc. Equity 9,286,478 9,032,665
Noncontrolling Interest 87,549 70,269
Total Equity 9,374,027 9,102,934
Total Liabilities and Equity $ 14,214,509 $ 14,051,280