XML 33 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue $ 26,790,881 $ 21,487,677 $ 68,611,766 $ 19,619,571
Cost of sales 21,194,449 17,016,373 55,564,894 53,620,290
Gross profit (loss) 5,596,432 4,471,304 13,046,872 (34,000,719)
Selling, general and administrative expenses 1,898,965 1,800,878 5,968,123 5,424,581
Income (loss) from operations 3,697,467 2,670,426 7,078,749 (39,425,300)
Interest expense 218,382 67,879 703,436 370,234
Income (loss) before provision for (benefit from) income taxes 3,479,085 2,602,547 6,375,313 (39,795,534)
Provision for (benefit from) income taxes 1,033,000 905,000 2,011,000 (12,869,000)
Net income (loss) 2,446,085 1,697,547 4,364,313 (26,926,534)
Other comprehensive income, net of tax - Change in unrealized gain- interest rate swap 1,382 5,095 3,906 9,727
Comprehensive income (loss) $ 2,447,467 $ 1,702,642 $ 4,368,219 $ (26,916,807)
Income (loss) per common share – basic (in dollars per share) $ 0.29 $ 0.20 $ 0.51 $ (3.18)
Income (loss) per common share – diluted (in dollars per share) $ 0.28 $ 0.20 $ 0.51 $ (3.18)
Shares used in computing income (loss) per common share:        
Basic (in shares) 8,564,417 8,483,111 8,544,475 8,459,028
Diluted (in shares) 8,625,308 8,545,889 8,613,316 8,459,028