XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
STATEMENTS OF OPERATIONS (unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Income Statement [Abstract]        
SALES, NET $ 3,609,259 $ 2,851,146 $ 6,650,818 $ 5,573,750
COST OF SALES 1,465,365 1,151,833 2,750,262 2,261,075
GROSS PROFIT 2,143,894 1,699,313 3,900,556 3,312,675
SELLING GENERAL & ADMINISTRATIVE EXPENSES 1,258,697 1,213,979 2,526,655 2,374,512
INCOME FROM OPERATIONS 885,197 485,334 1,373,901 938,163
OTHER INCOME (EXPENSE)        
Interest income 1,984 1,246 3,953 4,237
Interest expense (63,866) (42,668) (123,208) (81,788)
Other income, net 31,540 35,630 103,930 73,054
INCOME BEFORE INCOME TAXES 854,855 479,542 1,358,576 933,666
INCOME TAX PROVISION (333,730) (203,081) (540,858) (382,567)
INCOME FROM CONTINUING OPERATIONS 521,125 276,461 817,718 551,099
DISCONTINUED OPERATIONS        
Loss from operations    (97,499)    (253,330)
Income tax benefit    40,950    106,399
LOSS FROM DISCONTINUED OPERATIONS    (56,549)    (146,931)
NET INCOME $ 521,125 $ 219,912 $ 817,718 $ 404,168
BASIC NET INCOME FROM CONTINUING OPERATIONS PER COMMON SHARE $ 0.11 $ 0.06 $ 0.17 $ 0.11
BASIC NET LOSS FROM DISCONTINUED OPERATIONS PER COMMON SHARE    $ (0.01)    $ (0.03)
BASIC NET INCOME PER COMMON SHARE $ 0.11 $ 0.05 $ 0.17 $ 0.08
DILUTED NET INCOME FROM CONTINUING OPERATIONS PER COMMON SHARE $ 0.11 $ 0.06 $ 0.17 $ 0.11
DILUTED NET LOSS FROM DISCONTINUED OPERATIONS PER COMMON SHARE    $ (0.01)    $ (0.03)
DILUTED NET INCOME PER COMMON SHARE $ 0.11 $ 0.05 $ 0.17 $ 0.08
Weighted average number of basic common shares outstanding 4,796,926 4,871,303 4,798,429 4,879,494
Weighted average number of diluted common shares outstanding 4,842,081 4,877,145 4,838,232 4,885,336