XML 17 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
item
Jun. 30, 2012
Dec. 31, 2012
Segment Reporting Information          
Number of reportable segments     4    
Financial information with respect to the reportable segments          
Net sales $ 4,654,745 $ 4,547,080 $ 8,677,017 $ 8,556,704  
Cost of goods sold 2,770,787 2,743,794 5,328,800 5,247,858  
GROSS PROFIT 1,883,958 1,803,286 3,348,217 3,308,846  
Selling general and administrative 1,329,056 1,285,371 2,794,602 2,711,568  
Research and development 153,412 153,265 325,927 328,979  
INCOME FROM OPERATIONS 401,490 364,650 227,688 268,299  
Trade receivables by segment          
Trade receivables 2,383,791   2,383,791   2,060,312
Domestic
         
Financial information with respect to the reportable segments          
Net sales 2,003,601 1,976,404 3,519,872 3,459,741  
Cost of goods sold 1,103,787 1,102,446 2,008,945 1,968,954  
GROSS PROFIT 899,814 873,958 1,510,927 1,490,787  
Selling general and administrative 324,722 292,489 667,359 599,410  
INCOME FROM OPERATIONS 575,092 581,469 843,568 891,377  
Trade receivables by segment          
Trade receivables 1,118,109   1,118,109   928,698
Export
         
Financial information with respect to the reportable segments          
Net sales 1,497,478 1,503,965 2,938,937 2,868,871  
Cost of goods sold 1,039,050 1,109,487 2,144,140 2,136,004  
GROSS PROFIT 458,428 394,478 794,797 732,867  
Selling general and administrative 167,288 172,187 321,034 323,106  
INCOME FROM OPERATIONS 291,140 222,291 473,763 409,761  
Trade receivables by segment          
Trade receivables 870,732   870,732   708,933
IKONICS Imaging
         
Financial information with respect to the reportable segments          
Net sales 923,134 875,882 1,766,605 1,717,583  
Cost of goods sold 488,048 412,477 901,797 829,495  
GROSS PROFIT 435,086 463,405 864,808 888,088  
Selling general and administrative 258,095 291,451 539,533 597,163  
INCOME FROM OPERATIONS 176,991 171,954 325,275 290,925  
Trade receivables by segment          
Trade receivables 259,825   259,825   272,346
Other
         
Financial information with respect to the reportable segments          
Net sales 230,532 190,829 451,603 510,509  
Cost of goods sold 139,902 119,384 273,918 313,405  
GROSS PROFIT 90,630 71,445 177,685 197,104  
Selling general and administrative 227,398 183,534 433,115 396,022  
INCOME FROM OPERATIONS (136,768) (112,089) (255,430) (198,918)  
Trade receivables by segment          
Trade receivables 151,877   151,877   174,674
Unalloc.
         
Financial information with respect to the reportable segments          
Selling general and administrative 351,553 345,710 833,561 795,867  
Research and development 153,412 153,265 325,927 328,979  
INCOME FROM OPERATIONS (504,965) (498,975) (1,159,488) (1,124,846)  
Trade receivables by segment          
Trade receivables $ (16,752)   $ (16,752)   $ (24,339)