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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,780,411 $ 4,342,262
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 1,466,534 1,273,078
Loss / (gain) on disposal or abandonment of assets 10,484 (6,306)
Non-cash stock-based compensation 205,380 156,586
Deferred income taxes (214,092) 18,211
Foreign currency translation 961,860 236,139
Net changes in assets and liabilities:    
Accounts receivable-trade 31,606 39,615
Inventory (7,970,520) (3,537,758)
Prepaid expenses (43,507) (492,234)
Other current assets (212,527) 53,936
Accounts payable-trade 947,132 (1,497)
Accrued expenses and other liabilities (1,323,785) 482,975
Income taxes payable 16,816 (688,029)
Total adjustments (6,124,619) (2,465,284)
Net cash (used in) provided by operating activities (3,344,208) 1,876,978
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,530,547) (1,385,431)
Proceeds from sale of assets 699 26,703
Decrease in other assets (32,268) (10,368)
Net cash used in investing activities (1,562,116) (1,369,096)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable and long term debt 3,660,505
Payments on capital lease obligations (6,710)
Repurchase of common stock (treasury stock) (3,675,654)
Proceeds from exercise of stock options 223,404
Net cash provided by (used in) financing activities 223,404 (21,859)
NET (DECREASE) INCREASE IN CASH (4,682,920) 486,023
CASH, beginning of period 16,862,304 10,962,615
CASH, end of period 12,179,384 11,448,638
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid during the period 143,165 108,949
Income tax paid during the period, net of refunds $ 1,218,410 $ 3,005,523