Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 13,736,857us-gaap_CashAndCashEquivalentsAtCarryingValue $ 20,059,120us-gaap_CashAndCashEquivalentsAtCarryingValue
Investments 4,602,717us-gaap_ShortTermInvestments 5,742,314us-gaap_ShortTermInvestments
Trade accounts receivable, less allowance for doubtful accounts of $22,000 and $69,000, respectively 13,839,662us-gaap_AccountsReceivableNetCurrent 22,902,323us-gaap_AccountsReceivableNetCurrent
Inventories 31,109,653us-gaap_InventoryNet 29,111,656us-gaap_InventoryNet
Prepaid income taxes 2,317,688us-gaap_PrepaidTaxes 1,381,502us-gaap_PrepaidTaxes
Other current assets 1,050,000us-gaap_OtherAssetsCurrent 716,784us-gaap_OtherAssetsCurrent
Deferred income taxes 3,249,164us-gaap_DeferredTaxAssetsNetCurrent 3,758,750us-gaap_DeferredTaxAssetsNetCurrent
TOTAL CURRENT ASSETS 69,905,741us-gaap_AssetsCurrent 83,672,449us-gaap_AssetsCurrent
PROPERTY, PLANT AND EQUIPMENT, net 18,153,152us-gaap_PropertyPlantAndEquipmentNet 14,941,492us-gaap_PropertyPlantAndEquipmentNet
OTHER ASSETS:    
Investments 11,540,261us-gaap_LongTermInvestments 3,920,978us-gaap_LongTermInvestments
Funded pension assets 172,405us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent 305,028us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
Other assets 514,676us-gaap_OtherAssetsMiscellaneousNoncurrent 692,794us-gaap_OtherAssetsMiscellaneousNoncurrent
TOTAL OTHER ASSETS 12,227,342us-gaap_OtherAssetsNoncurrent 4,918,800us-gaap_OtherAssetsNoncurrent
TOTAL ASSETS 100,286,235us-gaap_Assets 103,532,741us-gaap_Assets
CURRENT LIABILITIES:    
Current portion of long-term debt 524,220us-gaap_LongTermDebtCurrent 489,706us-gaap_LongTermDebtCurrent
Accounts payable 5,180,631us-gaap_AccountsPayableCurrent 4,894,869us-gaap_AccountsPayableCurrent
Accrued compensation and benefits 3,696,930us-gaap_EmployeeRelatedLiabilitiesCurrent 3,927,728us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued consideration   558,801jcs_AccruedConsideration
Other accrued liabilities 2,146,582us-gaap_OtherAccruedLiabilitiesCurrent 1,765,428us-gaap_OtherAccruedLiabilitiesCurrent
Dividends payable 1,446,498us-gaap_DividendsPayableCurrent 1,436,318us-gaap_DividendsPayableCurrent
TOTAL CURRENT LIABILITIES 12,994,861us-gaap_LiabilitiesCurrent 13,072,850us-gaap_LiabilitiesCurrent
LONG TERM LIABILITIES:    
Uncertain tax positions 77,279us-gaap_LiabilityForUncertainTaxPositionsNoncurrent 400,846us-gaap_LiabilityForUncertainTaxPositionsNoncurrent
Deferred income taxes 1,089,994us-gaap_DeferredTaxLiabilitiesNoncurrent 809,179us-gaap_DeferredTaxLiabilitiesNoncurrent
Long term debt - mortgage payable 103,603us-gaap_SecuredLongTermDebt 627,823us-gaap_SecuredLongTermDebt
TOTAL LONG-TERM LIABILITIES 1,270,876us-gaap_LiabilitiesNoncurrent 1,837,848us-gaap_LiabilitiesNoncurrent
COMMITMENTS AND CONTINGENCIES (Footnote 7)      
STOCKHOLDERS' EQUITY    
Preferred stock, par value $1.00 per share; 3,000,000 shares authorized; none issued      
Common stock, par value $.05 per share; 30,000,000 shares authorized; 8,654,756 and 8,553,320 shares issued and outstanding, respectively 432,738us-gaap_CommonStockValue 427,666us-gaap_CommonStockValue
Additional paid-in capital 38,593,230us-gaap_AdditionalPaidInCapital 37,110,671us-gaap_AdditionalPaidInCapital
Retained earnings 47,689,688us-gaap_RetainedEarningsAccumulatedDeficit 51,323,718us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (695,158)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (240,012)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
TOTAL STOCKHOLDERS' EQUITY 86,020,498us-gaap_StockholdersEquity 88,622,043us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 100,286,235us-gaap_LiabilitiesAndStockholdersEquity $ 103,532,741us-gaap_LiabilitiesAndStockholdersEquity