XML 37 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Mar. 29, 2014
Mar. 30, 2013
Net sales $ 14,708,529 $ 16,622,891 $ 29,561,806 $ 38,283,415
Cost of goods sold 9,455,352 10,846,205 19,520,834 26,363,622
Gross profit 5,253,177 5,776,686 10,040,972 11,919,793
Selling and marketing expenses 2,603,881 2,590,602 5,090,929 5,262,283
Research and development expenses 274,137 322,782 562,907 667,747
General and administrative expenses 1,034,368 1,050,357 2,041,333 2,099,660
3,912,386 3,963,741 7,695,169 8,029,690
Operating income 1,340,791 1,812,945 2,345,803 3,890,103
Non-operating income (expense):        
Other 19,015 (24,083) 28,327 (28,815)
Interest expense (3,125) (3,125) (6,319) (8,842)
Net non-operating income (expense) 15,890 (27,208) 22,008 (37,657)
Income before income taxes 1,356,681 1,785,737 2,367,811 3,852,446
Provision for income taxes 466,000 552,000 811,000 1,255,000
Net income 890,681 1,233,737 1,556,811 2,597,446
Other comprehensive income (loss), after tax:        
Foreign currency translation loss (318,992) (164,820) (708,155) (342,681)
Comprehensive income $ 571,689 $ 1,068,917 $ 848,656 $ 2,254,765
Net income per share of common stock - Note 8:        
Basic (in Dollars per share) $ 0.30 $ 0.42 $ 0.53 $ 0.89
Diluted (in Dollars per share) $ 0.30 $ 0.41 $ 0.52 $ 0.87
Dividends per common share (1) (in Dollars per share) $ 0.140 $ 0.125 $ 0.28 $ 1.25 [1]
Weighted average shares outstanding:        
Basic (in Shares) 2,945,416 2,944,116 2,936,416 2,932,639
Diluted (in Shares) 2,991,406 2,997,192 2,984,324 2,988,692
Special Dividend Paid [Member]
       
Net income per share of common stock - Note 8:        
Dividends per common share (1) (in Dollars per share)       $ 1.00
[1] Dividends per share for the six months ended March 30, 2013 include a special dividend of $1.00 per share paid on December 4, 2012.