| ASSETS |
| Cash and cash equivalents |
856.93K |
| Accounts receivable, net of allowance for doubtful accounts of $488,249 and $511,532 at July 2, 2011 and March 31, 2011, respectively |
6.9M |
| Inventories, net |
12.92M |
| Deferred tax asset |
1.86M |
| Prepaid income taxes |
23.71K |
| Prepaid expenses and other current assets |
299.93K |
| Total current assets |
22.86M |
| Property, plant and equipment, net |
4.75M |
| Other assets: |
| Security deposits |
79.23K |
| Other long term assets |
2.06K |
| Intangible assets, net |
761.85K |
| Goodwill |
1.12M |
| Total other assets |
1.96M |
| TOTAL ASSETS |
29.57M |
| LIABILITIES AND SHAREHOLDERS' EQUITY |
| Current portion of long-term debt |
325K |
| Line of credit |
4.22M |
| Accounts payable |
1.13M |
| Accrued expenses and other current liabilities |
3.65M |
| Deferred revenue |
300.83K |
| Total current liabilities |
9.62M |
| Long-term debt, net of current portion |
0 |
| Deferred tax liability |
1.25M |
| Total liabilities |
10.88M |
| Shareholders' equity: |
| Preferred stock, $0.10 par value; 100,000 shares authorized; no shares issued or outstanding |
0 |
| Common stock, $0.01 par value; 10,000,000 shares authorized; 5,398,717 issued, 4,561,135 outstanding at July 2, 2011 and 5,393,717 issued, 4,556,135 outstanding at March 31, 2011 |
54.01K |
| Additional paid-in capital |
12.63M |
| Retained earnings |
8.99M |
| Stockholders' Equity before Treasury Stock |
21.67M |
| Treasury stock at cost, 837,582 shares at July 2, 2011 and March 31, 2011 |
-2.98M |
| Total shareholders' equity |
18.69M |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
29.57M |
