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Provision For Income Taxes (Tables)

3 Months Ended

Mar. 31, 2013

Provision For Income Taxes [Abstract]

Summary Of The Provision For Income Taxes

		For the Three Months Ended
		March 31,
		2013				2012
Current:
Federal		$	1,176,711			$	633,372
State and local			426,571				312,346
Total current			1,603,282				945,718
Deferred			(192,090	)			(185,805	)
Provision for income taxes		$	1,411,192			$	759,913

Reconciliation Of The Provision For Income Taxes At Statutory Rate

		For the Three Months Ended
		March 31,
		2013								2012
		Amount				Percentage				Amount				Percentage
Federal income tax expense computed at the statutory rate		$	1,284,123				34.0	%		$	630,667				34.0	%
State and local tax expense, net			281,160				7.4	%			215,169				11.6	%
U.S. domestic manufacturers' deduction & other permanent differences			(154,091	)			(4.0	)%			(52,493	)			(2.8	)%
Change in tax estimate			0				0.0	%			(33,430	)			(1.8	)%
Provision for income taxes		$	1,411,192				37.4	%		$	759,913				41.0	%

Schedule Of Deferred Tax Assets And Liabilities

		March 31,								December 31,
		2013				2012				2012
Non-current deferred tax assets (liabilities) arising from: Temporary differences -
Accumulated depreciation and amortization
from purchase accounting adjustments		$	(3,017,346	)		$	( 3,562,647	)		$	( 3,164,716	)
Capital loss carry-forwards			108,212				167,690				136,198
Total non-current net deferred tax liabilities			(2,909,134	)			( 3,394,957	)			( 3,028,518	)
Current deferred tax assets arising from:
Unrealized losses (gain) on investments			(52,952	)			( 35,329	)			( 41,260	)
Inventory			316,028				232,324				265,072
Allowance for doubtful accounts and  discounts			32,625				4,350				10,875
Allowance for promotions			0				65,249				0
Capital loss carry-back			0				91,369				0
Total current deferred tax assets			295,701				357,963				234,687
Net deferred tax liability		$	(2,613,433	)		$	( 3,036,994	)		$	( 2,793,831	)

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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