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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME        
Net revenue $ 14,798,000 $ 16,188,000 $ 29,120,000 $ 31,930,000
Cost of sales 9,290,000 10,317,000 18,331,000 20,630,000
Gross profit 5,508,000 5,871,000 10,789,000 11,300,000
Selling, general and administrative expenses 5,453,000 5,355,000 10,722,000 10,630,000
Operating income 55,000 516,000 67,000 670,000
Gain on sale of property and equipment 7,817,000 0 7,817,000 0
Other expense 0 28,000 0 57,000
Interest expense 68,000 55,000 131,000 92,000
Income 7,804,000 433,000 7,753,000 521,000
Income tax expense 2,116,000 128,000 2,091,000 151,000
Net income $ 5,688,000 $ 305,000 $ 5,662,000 $ 370,000
Basic earnings per share $ 1.74 $ 0.08 $ 1.73 $ 0.10
Diluted earnings per share $ 1.71 $ 0.08 $ 1.70 $ 0.10
Weighted average common shares outstanding:        
Basic 3,163,000 3,592,000 3,271,000 3,588,000
Diluted 3,230,000 3,682,000 3,337,000 3,714,000
Net income $ 5,688,000 $ 305,000 $ 5,662,000 $ 370,000
Other comprehensive loss - foreign currency translation adjustment (51,000) (155,000) (7,000) (59,000)
Total comprehensive income $ 5,637,000 $ 150,000 $ 5,655,000 $ 311,000