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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
NET SALES $ 263,762,713 $ 251,006,255 $ 719,378,985 $ 898,225,518
COST OF SALES        
Cost of sales (247,894,654) (240,742,984) (689,700,092) (834,987,086)
Depreciation (304,849) (307,790) (924,958) (922,756)
Total cost of sales (248,199,503) (241,050,774) (690,625,050) (835,909,842)
GROSS PROFIT 15,563,210 9,955,481 28,753,935 62,315,676
OPERATING EXPENSES        
Selling, general and administrative expenses 3,247,362 1,699,795 7,130,925 5,318,285
Stock compensation expenses 102,344 612,995 417,471 1,838,985
Depreciation and amortization 27,810 33,296 84,407 101,490
Total operating expenses 3,377,516 2,346,086 7,632,803 7,258,760
INCOME FROM OPERATIONS 12,185,694 7,609,395 21,121,132 55,056,916
OTHER INCOME (EXPENSES)        
Other Income 3,209 0 9,740 0
Interest Income (575) 0 150,497 0
Interest expense (273,953) (577,858) (656,106) (1,539,249)
Total other expenses, net (271,319) (577,858) (495,869) (1,539,249)
INCOME FROM OPERATIONS BEFORE TAXES 11,914,375 7,031,537 20,625,263 53,517,667
INCOME TAX PROVISION (BENEFIT)        
Current 71,176 3,373,114 3,357,451 15,577,085
Deferred 3,078,209 (1,575,575) 1,348,181 (1,301,027)
Total income tax provision (benefit) 3,149,385 1,797,539 4,705,632 14,276,058
NET INCOME 8,764,990 5,233,998 15,919,631 39,241,609
Add: net loss attribute to the noncontrolling interest 448 0 636 0
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS 8,765,438 5,233,998 15,920,267 39,241,609
OTHER COMPREHENSIVE INCOME (LOSS)        
Total foreign currency translation gains (loss) (10,487,596) 72,284 (8,899,780) (1,594,156)
Add: foreign currency translation gain attributable to noncontrolling interest 2,821 0 2,739 0
Foreign currency translation gains (loss) attributable to common stockholders (10,484,775) 72,284 (8,897,041) (1,594,156)
COMPREHENSIVE INCOME(LOSS) $ (1,719,337) $ 5,306,282 $ 7,023,226 $ 37,647,453
Earnings per share        
Basic (in dollars per share) $ 0.13 $ 0.08 $ 0.24 $ 0.60
Diluted (in dollars per share) $ 0.13 $ 0.08 $ 0.24 $ 0.59
Weighted average number of shares        
Basic (in shares) 65,963,502 65,953,462 65,963,502 65,905,667
Diluted (in shares) 65,963,502 66,137,568 65,963,502 66,285,370