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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Condensed Consolidated Statements of Income    
Net sales $ 10,011,641 $ 9,483,327
Cost of goods sold 7,668,636 7,226,816
Gross profit 2,343,005 2,256,511
Selling and administrative expenses 1,464,718 1,506,272
Operating profit 878,287 750,239
Other income 33,501 20,683
Income before provision for income taxes 911,788 770,922
Provision for income taxes 204,000 260,000
Net income $ 707,788 $ 510,922
Per share data, basic and diluted:    
Net income per share $ 0.73 $ 0.53
Average common shares outstanding 966,132 966,132
Cash dividends declared per share $ 0.51 $ 0.55