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Consolidated Statements of Income (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Sales:      
Products $ 47,054,868 $ 34,383,432 $ 28,858,044
Consulting services 2,885,657 2,977,435 2,690,585
Total sales 49,940,525 37,360,867 31,548,629
Cost of sales:      
Products 20,893,294 12,284,206 11,001,813
Consulting services 1,713,314 1,608,364 1,382,196
Total cost of sales 22,606,608 13,892,570 12,384,009
Gross profit 27,333,917 23,468,297 19,164,620
Selling, general and administrative expenses 20,338,754 12,941,350 11,194,797
Research and development expenses 3,635,553 2,402,566 2,135,365
Operating income 3,359,610 8,124,381 5,834,458
Other income, net 20,512 79,599 628,912
Income before income taxes 3,380,122 8,203,980 6,463,370
Income taxes 1,378,148 2,753,062 1,944,986
Net income $ 2,001,974 $ 5,450,918 $ 4,518,384
Net income per common share:      
Basic (in dollars per share) $ 0.37 $ 1.02 $ 0.87
Diluted (in dollars per share) $ 0.35 $ 0.98 $ 0.84
Weighted average common shares outstanding:      
Basic (in shares) 5,477,131 5,342,900 5,208,873
Diluted (in shares) 5,671,412 5,572,646 5,364,253
Dividends declared per common share (in dollars per share) $ 0.42 $ 0.40 $ 0.38