XML 46 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net revenue $ 22,932,000 $ 20,483,000 $ 57,132,000 $ 60,668,000
Cost of sales 14,904,000 13,428,000 36,466,000 38,777,000
Gross profit 8,028,000 7,055,000 20,666,000 21,891,000
Selling, general and administrative expenses 6,438,000 5,658,000 17,221,000 17,827,000
Operating income 1,590,000 1,397,000 3,445,000 4,064,000
Interest expense 158,000 116,000 335,000 386,000
Income before income taxes 1,432,000 1,281,000 3,110,000 3,678,000
Income tax expense 616,000 471,000 1,260,000 1,372,000
Net income 816,000 810,000 1,850,000 2,306,000
Basic earnings per share (in dollars per share) $ 0.22 $ 0.22 $ 0.50 $ 0.63
Diluted earnings per share (in dollars per share) $ 0.20 $ 0.20 $ 0.47 $ 0.59
Weighted average common shares outstanding:        
Basic (in shares) 3,792,000 3,694,000 3,737,000 3,684,000
Diluted (in shares) 3,968,000 3,912,000 3,917,000 3,888,000
Net income 816,000 810,000 1,850,000 2,306,000
Other comprehensive loss - foreign currency translation adjustment (63,000) 0 (63,000) 0
Total comprehensive income $ 753,000 $ 810,000 $ 1,787,000 $ 2,306,000