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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
NET REVENUE $ 900,726,958 $ 853,766,541 $ 637,093,439
Cost of sales (814,327,740) (764,218,167) (561,379,767)
GROSS PROFIT 86,399,218 89,548,374 75,713,672
Selling expenses (3,020,600) (2,954,460) (2,485,978)
General and administrative expenses (8,073,172) (8,621,494) (6,650,142)
Income from operations 75,305,446 77,972,420 66,577,552
Other income (expenses):      
Interest income 660,326 547,679 522,722
Interest expenses 0 0 (143,779)
Foreign exchange differences (1,636) 109,638 234,763
Gain (Loss) on extinguishment of warrant liabilities (8,369) 73,291 88,777
Change in fair value of warrants (106,536) (124,000) 3,062,575
Other income (expenses) 35,136 93,819 114,623
Total other income (expenses) 578,921 700,427 3,879,681
Income before income taxes 75,884,367 78,672,847 70,457,233
Provision for income taxes (19,724,917) (20,730,844) (17,323,700)
NET INCOME 56,159,450 57,942,003 53,133,533
OTHER COMPREHENSIVE INCOME:      
Foreign currency translation adjustments 9,538,569 659,754 9,152,577
COMPREHENSIVE INCOME $ 65,698,019 $ 58,601,757 $ 62,286,110
Net income per share      
Basic $ 1.88 $ 1.94 $ 1.78
Diluted $ 1.87 $ 1.93 $ 1.77
Weighted average number of shares outstanding      
Basic 29,858,880 29,815,943 29,816,871
Diluted 29,996,833 29,965,811 30,076,130