XML 35 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Condensed Consolidated Statements of Income    
Net sales $ 33,697,014 $ 31,952,223
Cost of sales 24,794,808 22,750,861
Gross profit 8,902,206 9,201,362
Selling, general & administrative expenses 5,945,949 5,518,525
Gain on sale of fixed assets   (5,463)
Operating income 2,956,257 3,688,300
Interest expense, net 40,500 15,508
Other income (expenses)   2,058
Income before income tax expense 2,915,757 3,670,734
Income tax expense 885,514 1,322,000
Net income $ 2,030,243 $ 2,348,734
Net income per share    
Basic (in dollars per share) $ 0.30 $ 0.36
Diluted (in dollars per share) $ 0.29 $ 0.33
Weighted average common shares outstanding:    
Basic (in shares) 6,768,408 6,588,367
Diluted (in shares) 7,087,637 7,030,197