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Condensed Consolidated Balance Sheets - USD ($)
Nov. 30, 2017
May 31, 2017
Current Assets:    
Cash and cash equivalents $ 4,280,903 $ 5,723,976
Certificates of deposit and marketable securities 531,872 1,020,888
Accounts receivable, net of allowance for doubtful accounts of $185,000 7,614,471 7,324,291
Other receivables 3,802 18,455
Prepaid expenses 143,995 176,397
Prepaid and recoverable income taxes 94,833
Deferred income taxes 106,000
Total Current Assets 12,575,043 14,464,840
Equipment and leasehold improvements, net of accumulated depreciation and amortization of $257,825 and $269,069 31,552 20,650
Other assets 49,653 49,653
Deferred income taxes 108,000
Total Assets 12,764,248 14,535,143
Current Liabilities:    
Accounts and other payables 746,085 644,834
Accrued expenses and other current liabilities 2,585,489 2,838,058
Income taxes payable 93,493
Dividends payable 1,962,062
Advances from customers 1,173,832 1,330,714
Total Liabilities 4,598,899 6,775,668
Commitments and contingencies  
Equity: 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 16,486,188 16,118,011
Shareholder's equity before treasury stock 21,620,198 21,252,021
Less: Treasury stock, 1,152,101 shares, at cost 13,514,003 13,514,003
Total TSR, Inc. Equity 8,106,195 7,738,018
Noncontrolling Interest 59,154 21,457
Total Equity 8,165,349 7,759,475
Total Liabilities and Equity $ 12,764,248 $ 14,535,143