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Condensed Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating activities:    
Net income $ 532,384 $ 609,800
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 240,454 294,645
Stock-based compensation 53,277 45,942
Deferred income taxes (36,000) (62,000)
Foreign currency transaction (gain)/loss (23,052) (17,945)
(Increase) decrease in accounts receivable 19,509 67,452
(Increase) decrease in inventories (143,739) (124,077)
(Increase) decrease in refundable income taxes 96,387 62,324
(Increase) decrease in prepaid expenses and other current assets (499,481) (617,008)
(Increase) decrease in other assets (25,886) (14,619)
Increase (decrease) in income taxes payable 287,467 293,250
Increase (decrease) in accounts payable & accrued expenses and other noncurrent liabilities 1,267,820 1,797,517
Net cash provided by operating activities 1,769,140 2,335,281
Investing activities:    
Purchase of property, plant and equipment (61,457) (87,748)
Purchase of note and mortgage secured by underlying property (2,000,000) 0
Payment of life insurance premiums (259,121) (252,250)
Net cash used in investing activities (2,320,578) (339,998)
Financing activities:    
Principal payments on long-term borrowings (144,118) (140,240)
Purchase of stock for treasury (9,985) 0
Net cash used in financing activities (154,103) (140,240)
Effect of exchange rate changes on cash and cash equivalents 121,763 46,037
Increase (decrease) in cash and cash equivalents (583,778) 1,901,080
Cash and cash equivalents at beginning of period 7,174,213 6,331,038
Cash and cash equivalents at end of period $ 6,590,435 $ 8,232,118