XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
NET SALES $ 18,973,013 $ 16,904,254 $ 38,210,840 $ 35,081,332
COST OF SALES 7,052,892 5,964,053 14,359,890 12,775,498
Gross profit 11,920,121 10,940,201 23,850,950 22,305,834
OPERATING EXPENSES 9,574,057 8,475,429 18,884,026 17,286,887
INCOME FROM OPERATIONS 2,346,064 2,464,772 4,966,924 5,018,947
OTHER INCOME (EXPENSE):        
Interest expense (51,544) (58,235) (107,638) (116,627)
Other, net 98,284 42,757 125,023 62,571
Total other income (expense) 46,740 (15,478) 17,385 (54,056)
INCOME BEFORE INCOME TAXES 2,392,804 2,449,294 4,984,309 4,964,891
PROVISION FOR INCOME TAXES 763,451 909,656 1,768,635 1,851,147
NET INCOME $ 1,629,353 $ 1,539,638 $ 3,215,674 $ 3,113,744
NET INCOME PER COMMON SHARE:        
Basic (in Dollars per share) $ 0.16 $ 0.15 $ 0.32 $ 0.30
Diluted (in Dollars per share) $ 0.16 $ 0.15 $ 0.32 $ 0.30
Weighted Average Number of Shares Outstanding:        
Basic (in Shares) 10,167,649 10,156,442 10,165,060 10,156,442
Diluted (in Shares) 10,216,535 10,172,171 10,205,439 10,172,561