XML 66 R53.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income Taxes (Details 1) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Deferred tax assets:    
Allowance for doubtful accounts $ 21,150 $ 69,898
Inventory allowances 314,101 246,425
Accrued liabilities 372,172 282,055
Unicap 263A adjustment 170,765 157,240
Net operating loss carryforwards 511,403 685,322
Alternative minimum tax credit carryforwards 0 398,162
State investment tax credit carryforward 22,448 10,912
Foreign tax credit carryforward 916,121 696,509
Other foreign tax items 44,394 50,747
Foreign net operating loss carryforwards 424,164 466,053
Total deferred tax assets 2,796,718 3,063,323
Deferred tax liabilities:    
Tax over book basis of capital assets (1,004,437) (1,083,852)
Undistributed Earnings from Subsidiaries 0 (247,385)
Other foreign tax items 0 0
Net deferred tax assets before valuation allowance 1,792,281 1,732,086
Less: Valuation allowance (45,000) 0
Net deferred tax assets $ 1,747,281 $ 1,732,086