Component: (Network and Table)
Network
00200 - Statement - CONSOLIDATED BALANCE SHEETS
(http://www.nortechsys.com/role/StatementConsolidatedBalanceSheets)
Table(Implied)
Slicers (applies to each fact value in each table cell)
CONSOLIDATED BALANCE SHEETSPeriod [Axis]
2016-12-31
2015-12-31
CONSOLIDATED BALANCE SHEETS
 
 
ASSETS
 
 
Current Assets
 
 
Cash
268,204  
887  
Accounts Receivable, less allowances of $883,000 and $320,000
17,320,784  
18,431,746  
Inventories
20,653,841  
20,185,445  
Prepaid Expenses
1,048,373  
1,452,656  
Income Taxes Receivable
198,535  
302,005  
Total Current Assets
39,489,737  
 
40,372,739  
 
Property and Equipment, Net
10,330,834  
10,507,748  
Goodwill
3,283,454  
3,283,454  
Other Intangible Assets, Net
1,861,764  
2,052,420  
Deferred Taxes
543,000  
341,000  
Other Non Current Assets
7,726  
7,726  
Total Assets
55,516,515  
 
56,565,087  
 
LIABILITIES AND SHAREHOLDERS' EQUITY
 
 
Current Liabilities
 
 
Current Maturities of Long-Term Debt
1,565,347  
1,495,513  
Accounts Payable
13,825,530  
13,041,377  
Accrued Payroll and Commissions
3,311,693  
3,139,698  
Other Accrued Liabilities
1,603,069  
1,987,740  
Income Taxes Payable
 
7,382  
Total Current Liabilities
20,305,639  
 
19,671,710  
 
Long-Term Liabilities
 
 
Line of Credit
7,315,262  
7,691,237  
Long-Term Debt, Net of Current Maturities
4,891,631  
5,954,669  
Other Long-Term Liabilities
689,195  
975,615  
Total Long-Term Liabilities
12,896,088  
 
14,621,521  
 
Total Liabilities
33,201,727  
 
34,293,231  
 
Shareholders' Equity
 
 
Preferred Stock, $1 par value; 1,000,000 Shares Authorized; 250,000 Shares Issued and Outstanding
250,000  
250,000  
Common Stock-$0.01 par value; 9,000,000 Shares Authorized; 2,747,831 and 2,746,329 Shares Issued and Outstanding
27,478  
27,463  
Additional Paid-In Capital
15,746,665  
15,766,013  
Accumulated Other Comprehensive Loss
(44,445) 
(62,936) 
Retained Earnings
6,335,090  
6,291,316  
Total Shareholders' Equity
22,314,788  
 
22,271,856  
 
Total Liabilities and Shareholders' Equity
55,516,515  
 
56,565,087