XML 25 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Stockholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance at Dec. 31, 2017 [1] $ 24,768 $ 3,939,589 $ (7,384,517) $ 60,078,013 $ (762,313) $ 55,895,540      
Balance (in shares) at Dec. 31, 2017 [1] 9,270,862                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation expense $ 0 28,969 0 0 0 28,969      
Issuance of restricted stock $ 40 (40) 0 0 0 0      
Issuance of restricted stock (in shares) 16,648                
Purchase of treasury stock $ 0 0 $ (540,940) 0 0 (540,940)      
Purchase of treasury stock (in shares)     (72,400)            
Net income (loss) 0 0 $ 0 1,516,656 0 1,516,656      
Foreign currency translation adjustments, net of tax 0 0 0 0 (58,992) (58,992)      
Balance at Mar. 31, 2018 [1] $ 24,808 3,968,518 (7,925,457) 61,594,669 (821,305) 56,841,233      
Balance (in shares) at Mar. 31, 2018 [1] 9,215,110                
Balance at Dec. 31, 2017 [1] $ 24,768 3,939,589 (7,384,517) 60,078,013 (762,313) 55,895,540      
Balance (in shares) at Dec. 31, 2017 [1] 9,270,862                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) [1]           2,674,399      
Foreign currency translation adjustments, net of tax [1]           (343,766)      
Balance at Jun. 30, 2018 [1] $ 24,808 3,992,237 (8,379,703) 62,752,412 (1,106,079) 57,283,675      
Balance (in shares) at Jun. 30, 2018 [1] 9,154,215                
Balance at Mar. 31, 2018 [1] $ 24,808 3,968,518 (7,925,457) 61,594,669 (821,305) 56,841,233      
Balance (in shares) at Mar. 31, 2018 [1] 9,215,110                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation expense $ 0 23,719 0 0 0 23,719      
Purchase of treasury stock 0 0 $ (454,246) 0 0 (454,246)      
Purchase of treasury stock (in shares)     (60,895)            
Net income (loss) 0 0 $ 0 1,157,743 0 1,157,743 [1]      
Foreign currency translation adjustments, net of tax 0 0 0 0 (284,774) (284,774) [1]      
Balance at Jun. 30, 2018 [1] $ 24,808 3,992,237 (8,379,703) 62,752,412 (1,106,079) 57,283,675      
Balance (in shares) at Jun. 30, 2018 [1] 9,154,215                
Balance at Dec. 31, 2018 [1] $ 24,848 4,267,138 (9,037,783) 64,476,378 (1,444,185) $ 58,286,396      
Balance (Accounting Standards Update 2016-02 [Member]) at Dec. 31, 2018             $ (361,816) $ 0 $ (361,816)
Balance (in shares) at Dec. 31, 2018 [1]           9,060,561      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation expense 0 185,825 0 0 0 $ 185,825      
Issuance of restricted stock $ 3 (3) 0 0 0 0      
Issuance of restricted stock (in shares) 1,408                
Purchase of treasury stock $ 0 0 $ (714,617) 0 0 (714,617)      
Purchase of treasury stock (in shares)     (127,945)            
Net income (loss) 0 0 $ 0 1,519,811 0 1,519,811      
Foreign currency translation adjustments, net of tax 0 0 0 0 314,493 314,493      
Balance at Mar. 31, 2019 [1] 24,851 4,452,960 (9,752,400) 65,634,373 (1,129,692) $ 59,230,092      
Balance (in shares) at Mar. 31, 2019 [1]           8,934,024      
Balance at Dec. 31, 2018 [1] 24,848 4,267,138 (9,037,783) 64,476,378 (1,444,185) $ 58,286,396      
Balance (Accounting Standards Update 2016-02 [Member]) at Dec. 31, 2018             $ (361,816) $ 0 $ (361,816)
Balance (in shares) at Dec. 31, 2018 [1]           9,060,561      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss)           $ 644,144      
Foreign currency translation adjustments, net of tax           401,826      
Balance at Jun. 30, 2019 24,851 4,644,896 (9,761,890) 64,758,706 (1,042,359) $ 58,624,204      
Balance (in shares) at Jun. 30, 2019           8,932,224      
Balance at Mar. 31, 2019 [1] 24,851 4,452,960 (9,752,400) 65,634,373 (1,129,692) $ 59,230,092      
Balance (in shares) at Mar. 31, 2019 [1]           8,934,024      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Stock-based compensation expense 0 191,936 0 0 0 $ 191,936      
Purchase of treasury stock 0 0 $ (9,490) 0 0 (9,490)      
Purchase of treasury stock (in shares)     (1,800)            
Net income (loss) 0 0 $ 0 (875,667) 0 (875,667) [2]      
Foreign currency translation adjustments, net of tax 0 0 0 0 87,333 87,333      
Balance at Jun. 30, 2019 $ 24,851 $ 4,644,896 $ (9,761,890) $ 64,758,706 $ (1,042,359) $ 58,624,204      
Balance (in shares) at Jun. 30, 2019           8,932,224      
[1] As described in Note 2 to these Consolidated Financial Statements, we have restated the Consolidated Financial Statements.
[2] For the three months ended June 30, 2019, there were 2,290 shares excluded from the diluted EPS calculation because the impact of their assumed vesting would be anti-dilutive due to a net loss in those periods.