Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Apr. 01, 2017
Oct. 01, 2016
 [1]
Current assets:    
Cash and cash equivalents $ 7,273,691 $ 3,752,945
Accounts receivable, net of allowances of $125,000 (Apr. 1, 2017) and $140,000 (Oct. 1, 2016) 7,434,230 8,079,500
Inventories - Note 4 7,370,775 7,437,442
Deferred income taxes - Note 11 459,159
Prepaid expenses 1,482,097 879,108
Total current assets 23,560,793 20,608,154
Property and equipment, net - Note 5 4,058,844 4,116,070
Goodwill 3,909,945 3,937,676
Intangibles, net - Note 6 1,862,297 1,989,899
Other assets - Note 7 266,026 2,909,740
Deferred tax asset - Note 11 242,000
Total assets 33,899,905 33,561,539
Current liabilities:    
Accounts payable 2,497,838 2,410,376
Accrued and sundry liabilities 2,436,472 3,583,457
Total current liabilities 4,934,310 5,993,833
Deferred tax liability - Note 11 48,873 266,715
Deferred compensation 245,174 289,394
Total long-term liabilities 294,047 556,109
Total liabilities 5,228,357 6,549,942
Commitments and contingencies - Note 14
Shareholders' equity:    
Common stock, no par value, 20,000,000 shares authorized; issued and outstanding shares 2,755,625 (Apr. 1, 2017 and Oct. 1, 2016) 373,803 373,803
Additional paid-in capital 6,025 6,025
Retained earnings 30,928,313 29,133,746
Accumulated other comprehensive loss (2,636,593) (2,501,977)
Total shareholders' equity 28,671,548 27,011,597
Total liabilities and shareholders' equity $ 33,899,905 $ 33,561,539
[1] The Balance Sheet at October 1, 2016, has been derived from the audited financial statements at that date.