| Income statements | | | | | | | Period Ending | 1/28/2017 | 1/30/2016 | | Total Revenue | | $69,495,000 | $73,785,000 | | Cost of Revenue | | $48,872,000 | $51,997,000 | | Gross Profit | | $20,623,000 | $21,788,000 | | Research and Development | | $0 | $0 | | Sales, General and Admin. | | $13,356,000 | $14,665,000 | | Non-Recurring Items | | $0 | $0 | | Other Operating Items | | $2,298,000 | $2,213,000 | | Operating Income | | $4,969,000 | $4,910,000 | | Additional income/expense items | | $0 | $620,000 | | Earnings Before Interest and Tax | | $4,969,000 | $5,530,000 | | Interest Expense | | $1,004,000 | $607,000 | | Earnings Before Tax | | $3,965,000 | $4,923,000 | | Income Tax | | $1,296,000 | $1,602,000 | | Minority Interest | | $0 | $0 | | Equity Earnings/Loss Unconsolidated Subsidiary | | $0 | $0 | | Net Income-Cont. Operations | | $2,669,000 | $3,321,000 | | Net Income | | $2,737,000 | $3,363,000 | | Net Income Applicable to Common Shareholders | | $2,737,000 | $3,363,000 | | | | | | | | | | | | Balance Sheet | | | | | Current Assets | | | | | Cash and Cash Equivalents | | $2,512,000 | $4,046,000 | | Short-Term Investments | | $0 | $0 | | Net Receivables | | $0 | $0 | | Inventory | | $8,309,000 | $8,601,000 | | Other Current Assets | | $1,169,000 | $1,483,000 | | Total Current Assets | | $11,990,000 | $14,130,000 | | Long-Term Assets | | | | | Long-Term Investments | | $0 | $0 | | Fixed Assets | | $24,658,000 | $25,217,000 | | Goodwill | | $0 | $0 | | Intangible Assets | | $0 | $0 | | Other Assets | | $783,000 | $915,000 | | Deferred Asset Charges | | $0 | $0 | | Total Assets | | $37,431,000 | $40,262,000 | | Current Liabilities | | | | | Accounts Payable | | $10,989,000 | $11,654,000 | | Short-Term Debt / Current Portion of Long-Term Debt | | $1,718,000 | $815,000 | | Other Current Liabilities | | $1,000 | $153,000 | | Total Current Liabilities | | $12,708,000 | $12,622,000 | | Long-Term Debt | | $11,031,000 | $11,945,000 | | Other Liabilities | | $1,878,000 | $1,915,000 | | Deferred Liability Charges | | $861,000 | $823,000 | | Misc. Stocks | | $0 | $0 | | Minority Interest | | $0 | $0 | | Total Liabilities | | $26,478,000 | $27,305,000 | | Stock-Holders Equity | | | | | Common Stocks | | $46,000 | $50,000 | | Capital Surplus | | $5,661,000 | $5,348,000 | | Retained Earnings | | $5,884,000 | $8,188,000 | | Treasury Stock | | $0 | $0 | | Other Equity | | ($638,000) | ($629,000) | | Total Equity | | $10,953,000 | $12,957,000 | | Total Liabilities & Equity | | $37,431,000 | $40,262,000 | | | | | | | Cash Flow | | | | | | | | | | Net Income | | $2,737,000 | $3,363,000 | | Cash Flow-Operating Activities | | | | | Depreciation | | $2,298,000 | $2,213,000 | | Net Income Adjustments | | $508,000 | ($812,000) | | Changes in Operating Activities | | | | | Accounts Receivable | | $0 | $0 | | Changes in Inventories | | $293,000 | ($316,000) | | Other Operating Activities | | $36,000 | $227,000 | | Liabilities | | ($543,000) | $579,000 | | Net Cash Flow-Operating | | $5,436,000 | $5,958,000 | | Cash flows-Investing Activities | | | | | Capital Expenditures | | ($1,547,000) | ($1,438,000) | | Investments | | $28,000 | $24,000 | | Other Investing Activities | | $46,000 | $1,922,000 | | Net Cash Flows-Investing | | ($1,473,000) | $508,000 | | Cash Flows-Financing Activities | | | | | Sale and Purchase of Stock | | ($3,485,000) | ($3,183,000) | | Net Borrowings | | ($664,000) | ($85,000) | | Other Financing Activities | | $0 | $0 | | Net Cash Flows-Financing | | ($5,497,000) | ($4,630,000) | | Effect of Exchange Rate | | $0 | $0 | | Net Cash Flow | | ($1,534,000) | $1,836,000 | | | | | | | | | | | | Financial Ratios | | | | | Liquidity Ratios | | | | | Current Ratio | | 94% | 112% | | Quick Ratio | | 29% | 44% | | Cash Ratio | | 20% | 32% | | Profitability Ratio | | | | | Gross Margin | | 30% | 30% | | Operating Margin | | 7% | 7% | | Pre-Tax Margin | | 6% | 7% | | Profit Margin | | 4% | 5% | (www.nasdaq.com) | | |
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