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Note 6 - Segment Information (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
   

Wholesale Leathercraft

   

Retail Leathercraft

   

Int’l

Leathercraft

   

Total

 

For the quarter ended March 31, 2014

                               

Net sales

  $ 6,823,968     $ 11,956,354     $ 1,058,144     $ 19,838,466  

Gross profit

    4,530,209       7,498,416       687,098       12,715,723  

Income from operations

    1,372,637       1,472,703       121,323       2,966,663  

Interest expense

    45,828       -       -       45,828  

Other, net

    (9,776 )     -       8,432       (1,344 )

Income before income taxes

    1,336,585       1,472,703       112,891       2,922,179  
                                 

Depreciation and amortization

    225,855       104,441       16,259       346,555  

Fixed asset additions

    236,211       356,198       48,873       641,282  

Total assets

  $ 41,806,750     $ 13,903,814     $ 2,919,417     $ 58,629,981  
                                 

For the quarter ended March 31, 2013

                               

Net sales

  $ 6,729,734     $ 11,559,861     $ 948,232     $ 19,237,827  

Gross profit

    4,165,155       7,161,228       604,446       11,930,829  

Income from operations

    1,012,965       1,514,839       93,056       2,620,860  

Interest expense

    56,094       -       -       56,094  

Other, net

    (14,493 )     (10 )     (12,236 )     (26,739 )

Income before income taxes

    971,364       1,514,849       105,292       2,591,505  
                                 

Depreciation and amortization

    191,533       57,429       14,140       263,102  

Fixed asset additions

    738,736       242,149       1,668       982,553  

Total assets

  $ 36,244,560     $ 10,474,588     $ 2,959,476     $ 49,678,624  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
   

2014

   

2013

 

United States

  $ 16,645,886     $ 16,196,394  

Canada

    1,913,512       1,919,723  

All other countries

    1,279,068       1,121,710  
    $ 19,838,466     $ 19,237,827