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Supplemental Cash Flow Information
9 Months Ended
Sep. 30, 2013
Supplemental Cash Flow Information  
Supplemental Cash Flow Information

(2)                   Supplemental Cash Flow Information

 

Cash paid for interest and income taxes is as follows:

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

2013

 

2012

 

Interest

 

$

128,702

 

$

24,747

 

Income taxes, net of refunds

 

$

2,026,854

 

$

3,371,507

 

 

During the nine-month periods ended September 30, 2013, and 2012, the Company permitted the exercise of stock options with exercise proceeds paid with the Company’s stock (“cashless” exercises) totaling $224,880 and $125,799, respectively.