XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
NET SALES $ 18,887,099 $ 18,388,381 $ 58,353,784 $ 57,818,996
COST OF SALES 7,040,266 6,753,050 20,545,547 21,002,086
Gross profit 11,846,833 11,635,331 37,808,237 36,816,910
OPERATING EXPENSES 11,531,389 10,985,056 33,742,351 32,773,707
INCOME FROM OPERATIONS 315,444 650,275 4,065,886 4,043,203
OTHER INCOME (EXPENSE):        
Interest expense (80,710) (53,141) (223,534) (143,165)
Other, net 40,846 95,936 126,459 115,599
Total other income (expense) (39,864) 42,795 (97,075) (27,566)
INCOME BEFORE INCOME TAXES 275,580 693,070 3,968,811 4,015,637
PROVISION FOR INCOME TAXES 397,114 171,656 1,376,634 1,235,226
NET (LOSS) INCOME (121,534) 521,414 2,592,177 2,780,411
Foreign currency translation adjustments 118,165 370,240 (154,642) 1,028,599
COMPREHENSIVE (LOSS) INCOME $ (3,369) $ 891,654 $ 2,437,535 $ 3,809,010
NET (LOSS) INCOME PER COMMON SHARE:        
Basic (in dollars per share) $ (0.01) $ 0.06 $ 0.28 $ 0.30
Diluted (in dollars per share) $ (0.01) $ 0.06 $ 0.28 $ 0.30
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 9,154,209 9,270,862 9,199,173 9,232,397
Diluted (in shares) 9,155,031 9,273,950 9,199,959 9,246,066