XML 42 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 7 - Segment Information (Details) - Summary of reportable operating segments: (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Segment Reporting Information [Line Items]          
Net sales $ 18,524,604 $ 17,000,728 $ 56,735,444 $ 52,082,061  
Gross profit 11,700,943 10,404,770 35,551,893 32,710,605  
Operating earnings 2,405,353 644,856 7,372,277 5,663,804  
Interest (expense) (51,021) (59,623) (158,659) (176,251)  
Other income (expense), net 13,777 (2,787) 138,800 59,786  
Income before income taxes 2,368,109 582,446 7,352,418 5,547,339  
Depreciation and amortization 326,685 270,069 889,395 794,122  
Fixed asset additions 452,784 890,439 2,415,484 1,294,050  
Total assets 54,185,321 48,653,116 54,185,321 48,653,116 49,087,672
Wholesale Leathercraft [Member]
         
Segment Reporting Information [Line Items]          
Net sales 6,476,676 6,242,602 19,934,996 19,678,009  
Gross profit 4,358,097 4,111,067 13,171,368 12,914,740  
Operating earnings 956,721 (297,897) 2,853,219 2,038,267  
Interest (expense) (51,021) (59,623) (158,659) (176,251)  
Other income (expense), net 33,372 15,926 108,077 44,275  
Income before income taxes 939,072 (341,594) 2,802,637 1,906,291  
Depreciation and amortization 241,864 205,991 655,022 613,608  
Fixed asset additions 290,087 779,676 1,858,985 913,900  
Total assets 40,445,814 35,690,494 40,445,814 35,690,494  
Retail Leathercraft [Member]
         
Segment Reporting Information [Line Items]          
Net sales 11,128,646 9,947,911 33,930,587 30,093,864  
Gross profit 6,752,739 5,848,397 20,584,324 18,365,729  
Operating earnings 1,351,062 987,704 4,243,006 3,655,932  
Other income (expense), net     26 13  
Income before income taxes 1,351,062 987,704 4,243,032 3,655,945  
Depreciation and amortization 71,496 50,650 193,118 140,566  
Fixed asset additions 162,697 107,234 554,831 303,525  
Total assets 11,150,004 10,719,659 11,150,004 10,719,659  
Int’l Leathercraft [Member]
         
Segment Reporting Information [Line Items]          
Net sales 919,282 810,215 2,869,861 2,310,188  
Gross profit 590,107 445,306 1,796,201 1,430,136  
Operating earnings 97,570 (44,951) 276,052 (30,395)  
Other income (expense), net (19,595) (18,713) 30,697 15,498  
Income before income taxes 77,975 (63,664) 306,749 (14,897)  
Depreciation and amortization 13,325 13,428 41,255 39,948  
Fixed asset additions   3,529 1,668 76,625  
Total assets $ 2,589,503 $ 2,242,963 $ 2,589,503 $ 2,242,963