| | Fiscal Year Ended January 31, 2012 | Fiscal Year Ended January 31, 2011 |
| Net Sales |
$100,161,392 |
$88,865,426 |
| Gross Profit |
35,369,007 |
32,278,100 |
| Income from operations |
10,591,284 |
8,970,321 |
| Net income |
7,133,701 |
6,139,132 |
| Earnings per share, basic |
.49 |
.42 |
| Earnings per share, diluted |
.48 |
.42 |
| Cash and cash equivalents |
34,581,394 |
32,400,814 |
| Working capital |
55,633,150 |
54,137,879 |
| Cash flows from operating activities |
8,959,787 |
8,597,505 |
| Total shareholders' equity |
83,821,971 |
84,472,924 |
| Shareholders' equity per share |
5.71 |
5.76 |
| Return on average shareholders' equity. % |
8.5 |
7.4 |
| Current ratio |
4.3 |
5.8 |
| Common shares outstanding |
14,678,628 |
14,658,262 |
| Cash dividend paid per share |
.269 |
.246 |
Corporate Highlights
 |
Net sales up 13% versus last fiscal year |
 |
Net income up 16% versus last fiscal year
|
 |
EPS up 14% versus last fiscal year
|
 |
New orders up 23% versus last fiscal year
|
 |
8% dividend increase
|
 |
Dividend paid for 37th consecutive year
|
|