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Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash $ 10,962,615 $ 10,636,530
Accounts receivable-trade, net of allowance for doubtful accounts of $1,746 and $395 in 2015 and 2014, respectively 553,206 625,054
Inventory 33,584,539 32,875,492
Prepaid income taxes 549,277 336,828
Deferred income taxes 326,830 371,491
Prepaid expenses 1,514,887 1,348,652
Other current assets 70,197 157,758
Total current assets 47,561,551 46,351,805
PROPERTY AND EQUIPMENT, at cost 23,992,208 22,199,943
Less accumulated depreciation and amortization (8,297,155) (7,037,665)
15,695,053 15,162,278
GOODWILL 953,356 971,786
OTHER INTANGIBLES, net of accumulated amortization of $702,000 and $665,000 in 2015 and 2014, respectively 27,282 58,026
OTHER assets 329,684 329,979
Total Assets 64,566,926 62,873,874
CURRENT LIABILITIES:    
Accounts payable-trade 1,983,376 1,255,218
Accrued expenses and other liabilities 6,045,552 $ 5,394,514
Current maturities of capital lease obligations 72,686
Current maturities of long-term debt 231,952 $ 3,702,500
Total current liabilities 8,333,566 10,352,232
DEFERRED INCOME TAXES 1,702,515 1,458,005
LONG-TERM DEBT, net of current maturities 3,479,273 $ 1,940,625
CAPITAL LEASE OBLIGATIONS, net of current maturities $ 79,396
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.10 par value; 20,000,000 shares authorized, none issued or outstanding
Common stock, $0.0024 par value; 25,000,000 shares authorized; 11,275,641 and 11,239,157 shares issued at 2015 and 2014, respectively; 9,753,293 and 10,245,534 shares outstanding at 2015 and 2014, respectively $ 27,062 $ 26,984
Paid-in capital 6,168,489 6,013,325
Retained earnings 53,067,234 46,664,829
Treasury stock at cost (1,522,348 and 993,623 shares at 2015 and 2014, respectively) (6,602,930) (2,894,068)
Accumulated other comprehensive income (1,687,679) (688,058)
Total stockholders' equity 50,972,176 49,123,012
Total Liabilities and Stockholders’ Equity $ 64,566,926 $ 62,873,874