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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sales:        
Products $ 13,400,132 $ 11,588,804 $ 40,088,427 $ 32,516,670
Consulting services 789,741 717,347 2,236,639 2,172,215
Total sales 14,189,873 12,306,151 42,325,066 34,688,885
Cost of sales:        
Products 5,657,331 5,120,131 17,275,469 14,508,813
Consulting services 473,621 472,801 1,356,904 1,323,752
Total cost of sales 6,130,952 5,592,932 18,632,373 15,832,565
Gross profit 8,058,921 6,713,219 23,692,693 18,856,320
Selling, general and administrative expenses 5,257,664 5,103,957 16,528,574 14,482,256
Research and development expenses 886,289 843,780 3,084,583 2,609,929
Operating income 1,914,968 765,482 4,079,536 1,764,135
Other income (expense), net (95,308) (25,815) (285,990) 116,890
Income before income taxes 1,819,660 739,667 3,793,546 1,881,025
Income tax expense (benefit) 460,999 246,577 766,637 709,422
Net income $ 1,358,661 $ 493,090 $ 3,026,909 $ 1,171,603
Net income per common share:        
Basic (in dollars per share) $ 0.24 $ 0.09 $ 0.55 $ 0.21
Diluted (in dollars per share) $ 0.24 $ 0.09 $ 0.53 $ 0.21
Weighted average common shares outstanding:        
Basic (in shares) 5,548,201 5,477,928 5,535,687 5,467,450
Diluted (in shares) 5,684,515 5,683,436 5,673,694 5,695,305
Cash dividends declared per common share (in dollars per share) $ 0.110 $ 0.105 $ 0.330 $ 0.315