Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets (USD $)
Aug. 31, 2011
Nov. 30, 2010
Current Assets    
Cash and cash equivalents $ 7,679,011 $ 8,064,255
Short-term investments and marketable securities 2,346,122 4,673,848
Accounts receivable, net of allowances of $1,777,106 and $1,263,250, respectively 8,011,570 5,990,010
Inventories, net of reserve for inventory obsolescence of $813,217 and $1,372,798, respectively 9,146,439 9,077,234
Insurance claim receivable 0 361,639
Prepaid expenses and sundry receivables 591,714 976,108
Prepaid income taxes 973,841 999,702
Deferred income taxes 1,491,948 1,755,783
Total Current Assets 30,240,645 31,898,579
Property and Equipment, net of accumulated depreciation and amortization 542,525 550,689
Intangible Assets, net of accumulated amortization 673,233 673,580
Other Assets    
Marketable securities 3,114,663 3,124,051
Other 52,800 65,300
Total Other Assets 3,167,463 3,189,351
Total Assets 34,623,866 36,312,199
Current Liabilities    
Accounts payable and accrued liabilities 7,777,273 8,506,279
Capitalized lease obligation - current portion 6,180 15,197
Income taxes payable 22,500 0
Dividends payable 493,811 493,811
Total Current Liabilities 8,299,764 9,015,287
Deferred tax liability 146,677 118,717
Capitalized lease obligations-long term 3,135 8,149
Total Liabilities 8,449,576 9,142,153
Shareholders' Equity    
Preferred stock, $1.00 par; authorized 20,000,000 shares; none issued 0 0
Common stock value 60,867 60,867
Additional paid-in capital 2,329,049 2,329,049
Retained earnings 23,820,172 24,806,474
Unrealized (loss) on marketable securities (45,475) (36,021)
Total Shareholders' Equity 26,174,290 27,170,046
Total Liabilities and Shareholders' Equity 34,623,866 36,312,199
Common Class A [Member]
    
Shareholders' Equity    
Common stock value $ 9,677 $ 9,677