MARCH 31, 1995 DECEMBER 31, 1994
CURRENT ASSETS
CASH AND CASH EQUIVALENTS $24,144,980 $29,072,717
SHORT TERM INVESTMENTS 13,310,698 12,407,729
ACCOUNTS RECEIVABLES, NET 62,410,138 60,538,872
INVENTORIES 133,594,672 92,415,545
OTHER CURRENT ASSETS 10,666,113 10,720,950
DEFERRED INCOME TAXES 7,031,000 5,710,000
TOTAL CURRENT ASSETS 251,157,601 210,865,813
PROPERTY, PLANT & EQUIPMENT 72,954,992 66,563,265
LESS: ACCUM. DEPRECIATION 14,093,091 13,108,988
NET PROPERTY, PLANT & EQUIPMENT 58,861,901 53,454,277
OTHER LONG TERM ASSETS 842,948 842,948
TOTAL ASSETS 310,862,450 265,163,038
CURRENT LIABILITIES
ACCOUNTS PAYABLE $55,133,232 $33,557,687
ACCRUED EXPENSES 15,368,523 16,695,842
INCOME TAXES PAYABLE 6,010,708 0
TOTAL CURRENT LIABILITIES 76,512,463 50,253,529
DEFERRED TAX LIABILITY 3,372,000 2,982,000
TOTAL LIABILITIES 79,884,463 53,235,529
SHAREHOLDER EQUITY
COMMON STOCK 925,672 924,518
ADDITIONAL PAID IN CAPITAL 29,810,682 29,326,171
UNREALIZED HOLDING LOSSES
ON SHORT-TERM INVESTMENTS (202,000) (497,000)
RETAINED EARNINGS 200,443,633 182,173,820
TOTAL SHAREHOLDER EQUITY 230,977,987 211,927,509
$310,862,450 $265,163,038