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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
NET SALES $ 283,890,000 $ 220,836,949 $ 872,340,210 $ 714,290,183
COST OF SALES        
Cost of sales (265,440,712) (207,868,634) (835,851,327) (674,193,265)
Depreciation (304,815) (296,524) (906,590) (890,419)
Total cost of sales (265,745,527) (208,165,158) (836,757,917) (675,083,684)
GROSS PROFIT 18,144,473 12,671,791 35,582,293 39,206,499
OPERATING EXPENSES        
Selling, general and administrative expenses 1,143,882 756,674 3,139,638 3,165,658
Stock compensation expenses 375,002 379,450 1,133,790 1,047,355
Depreciation 36,293 36,710 110,286 104,584
Amortization 26 2,983 6,080 8,958
Total Operating Expenses 1,555,203 1,175,817 4,389,794 4,326,555
INCOME FROM OPERATIONS 16,589,270 11,495,974 31,192,499 34,879,944
OTHER INCOME (EXPENSES)        
Other Expense 0 0 0 (1,559)
Interest expense (1,361,674) (113,298) (3,112,596) (336,212)
Total Other Expenses, net (1,361,674) (113,298) (3,112,596) (337,771)
INCOME FROM OPERATIONS BEFORE TAXES 15,227,596 11,382,676 28,079,903 34,542,173
INCOME TAX PROVISION (BENEFIT)        
Current 3,402,482 3,016,059 8,197,780 9,280,633
Deferred 830,419 0 (471,468) 0
TOTAL INCOME TAX PROVISION 4,232,901 3,016,059 7,726,312 9,280,633
NET INCOME 10,994,695 8,366,617 20,353,591 25,261,540
OTHER COMPREHENSIVE INCOME        
Total foreign currency translation gains 1,278,588 1,700,761 4,780,603 752,777
COMPREHENSIVE INCOME $ 12,273,283 $ 10,067,378 $ 25,134,194 $ 26,014,317
Earnings per share        
Basic $ 0.17 $ 0.16 $ 0.32 $ 0.47
Diluted $ 0.17 $ 0.15 $ 0.32 $ 0.47
Weighted average number of shares        
Basic 64,334,400 53,578,218 63,073,008 53,286,072
Diluted 64,486,938 54,246,563 63,310,034 54,200,552