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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
NET REVENUE $ 245,804,613 $ 191,007,886 $ 464,034,152 $ 360,094,153
Cost of sales (222,034,732) (170,296,852) (419,208,919) (320,748,127)
GROSS PROFIT 23,769,881 20,711,034 44,825,233 39,346,026
Selling expenses (801,861) (740,988) (1,482,541) (1,426,994)
General and administrative expenses (2,006,127) (1,834,465) (4,411,911) (3,932,299)
Income from operations 20,961,893 18,135,581 38,930,781 33,986,733
Other income (expenses):        
Interest income 154,254 204,694 325,005 367,830
Gain on extinguishment of warrant liabilities 3,520 0 3,520 73,291
Change in fair value of warrants 73,000 (44,000) (35,000) (474,000)
Other income 40,628 0 34,864 94,779
Total other income 271,402 160,694 328,389 61,900
Income before income taxes 21,233,295 18,296,275 39,259,170 34,048,633
Provision for income taxes (5,557,485) (4,849,609) (10,272,173) (9,126,955)
NET INCOME 15,675,810 13,446,666 28,986,997 24,921,678
OTHER COMPREHENSIVE INCOME:        
Foreign currency translation adjustments 4,364,921 (1,210,053) 5,126,628 (1,001,651)
COMPREHENSIVE INCOME $ 20,040,731 $ 12,236,613 $ 34,113,625 $ 23,920,027
Net income per share        
Basic $ 0.53 $ 0.45 $ 0.97 $ 0.84
Diluted $ 0.52 $ 0.45 $ 0.97 $ 0.83
Weighted average number of shares outstanding        
Basic 29,825,336 29,820,836 29,823,098 29,810,996
Diluted 29,993,580 30,017,985 29,972,614 30,049,336