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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
NET SALES $ 19,177,767 $ 19,280,770 $ 39,466,685 $ 39,430,615
COST OF SALES 6,059,325 6,385,236 13,505,281 14,249,036
Gross profit 13,118,442 12,895,534 25,961,404 25,181,579
OPERATING EXPENSES 11,136,961 11,240,097 22,210,962 21,788,651
INCOME FROM OPERATIONS 1,981,481 1,655,437 3,750,442 3,392,928
OTHER INCOME (EXPENSE):        
Interest expense (78,182) (53,680) (142,824) (90,024)
Other, net 46,741 17,012 85,613 19,663
Total other income (expense) (31,441) (36,668) (57,211) (70,361)
INCOME BEFORE INCOME TAXES 1,950,040 1,618,769 3,693,231 3,322,567
PROVISION FOR INCOME TAXES 509,948 591,037 979,520 1,063,570
NET INCOME 1,440,092 1,027,732 2,713,711 2,258,997
Foreign currency translation adjustments (294,598) 302,019 (272,807) 658,359
COMPREHENSIVE INCOME $ 1,145,494 $ 1,329,751 $ 2,440,904 $ 2,917,356
NET INCOME PER COMMON SHARE:        
Basic (in dollars per share) $ 0.15 $ 0.11 $ 0.29 $ 0.24
Diluted (in dollars per share) $ 0.15 $ 0.11 $ 0.29 $ 0.24
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 9,180,076 9,225,960 9,222,028 9,212,846
Diluted (in shares) 9,180,727 9,229,129 9,222,533 9,225,474