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Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue        
Total revenue $ 44,380,219 $ 37,507,244 $ 91,860,475 $ 71,945,940
Costs and expenses        
Selling, general and administrative 2,342,561 2,112,110 4,870,883 4,228,523
Depreciation and amortization 2,738,483 2,002,233 5,319,562 3,889,742
Gain on sale of property and equipment (6,216) (51,826) (32,067) (65,217)
Total costs and expenses 42,730,648 34,142,882 87,295,864 65,130,030
Total operating income 1,649,571 3,364,362 4,564,611 6,815,910
Other income (expense), net        
Interest income 31,218 10,053 42,770 16,841
Interest expense, net of amount capitalized (411,562) (207,684) (763,553) (397,300)
Other income, net 32,252 22,274 64,536 37,367
Total other expense, net (348,092) (175,357) (656,247) (343,092)
Income before income taxes 1,301,479 3,189,005 3,908,364 6,472,818
Income tax provision 482,357 1,037,512 1,309,621 1,915,651
Net income $ 819,122 $ 2,151,493 $ 2,598,743 $ 4,557,167
Net income per share of common stock — basic and diluted $ 0.03 $ 0.08 $ 0.11 $ 0.18
Weighted average shares outstanding - basic and diluted (shares) 24,522,534 25,451,354 24,524,339 25,451,354
Electrical construction        
Revenue        
Total revenue $ 39,204,368 $ 36,195,767 $ 80,591,687 $ 70,327,686
Costs and expenses        
Cost of goods and service sold 33,516,400 29,287,017 68,808,411 56,069,877
Real estate development        
Revenue        
Total revenue 5,175,851 1,311,477 11,268,788 1,618,254
Costs and expenses        
Cost of goods and service sold $ 4,139,420 $ 793,348 $ 8,329,075 $ 1,007,105