Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Financial Position

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Consolidated Statements of Financial Position (USD $)
Feb. 29, 2012
Nov. 30, 2011
Current Assets    
Cash and cash equivalents $ 4,894,470 $ 7,699,615
Short-term investments and marketable securities 2,201,428 2,361,996
Accounts receivable, net of allowances of $1,004,425 and $997,833, respectively 10,201,475 7,743,601
Inventories, net of reserve for inventory obsolescence of $857,813 and $892,226, respectively 11,285,642 9,460,408
Prepaid expenses and sundry receivables 952,091 947,087
Prepaid and refundable income taxes 706,490 718,828
Deferred income taxes 1,463,856 1,738,949
Total Current Assets 31,705,452 30,670,484
Property and Equipment, net of accumulated depreciation and amortization 509,334 526,100
Intangible Assets, net of accumulated amortization 673,002 673,117
Other Assets    
Marketable securities 3,157,512 2,983,026
Other 52,800 52,800
Total Other Assets 3,210,312 3,035,826
Total Assets 36,098,100 34,905,527
Current Liabilities    
Accounts payable and accrued liabilities 10,135,769 8,566,544
Capitalized lease obligation - current portion 5,301 5,577
Income taxes payable 23,979 47,232
Dividends payable 493,811 493,811
Total Current Liabilities 10,658,860 9,113,164
Deferred tax liability 71,298 182,339
Capitalized lease obligations-long term 797 1,973
Total Liabilities 10,730,955 9,297,476
Shareholders' Equity    
Preferred stock, $1.00 par; authorized 20,000,000 shares; none issued      
Common stock, value 60,867 60,867
Additional paid-in capital 2,329,049 2,329,049
Retained earnings 22,916,651 23,322,928
Accumulated Other Comprehensive Income (Loss), net of tax 50,901 (114,470)
Total Shareholders' Equity 25,367,145 25,608,051
Total Liabilities and Shareholders' Equity 36,098,100 34,905,527
Common Class A [Member]
   
Shareholders' Equity    
Common stock, value $ 9,677 $ 9,677