XML 79 R21.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Restatement Of 2012 Quarterly Consolidated Financial Statement | 9 Months Ended
--- | ---
Sep. 30, 2013
Restatement Of 2012 Quarterly Consolidated Financial Statement [Abstract] |
Restatement Of 2012 Quarterly Consolidated Financial Statement | Note 14 – RESTATEMENT OF 2012 QUARTERLY CONSOLIDATED FINANCIAL STATEMENT The consolidated statements of income for the year-to-date period ended September 30, 2012, that were previously included in our Quarterly Reports on Forms 10-Q filed in 2012, were restated as a result of erroneous presentation of production activity within general and administrative operating expenses. These restatements result in increases in cost of goods sold and corresponding decreases in general and administrative operating expenses. These restatements had no impact on our previously reported net income, condensed consolidated balance sheets or consolidated statements of cash flows. As detailed in the table below, these restatements impact the following consolidated statement of income line items:
|  | (Unaudited) Nine Months Ended September, 2012 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Restated |
Income Statement |  |  |  |  |  |  |  |  |
Net Sales |  | $ | 60,570,311 |  |  | $ | 0 |  |  | $ | 60,570,311 |
COGS |  | $ | 38,299,212 |  |  | $ | 1,692,406 |  |  | $ | 39,991,618 |
Gross Profit |  | $ | 22,271,099 |  |  | $ | (1,692,406) |  |  | $ | 20,578,693 |
Operating Expenses |  | $ | 15,194,607 |  |  | $ | (1,692,406) |  |  | $ | 13,502,201 |
Income from Operations |  | $ | 7,076,492 |  |  | $ | 0 |  |  | $ | 7,076,492 |
|  | (Unaudited) Three Months Ended September, 2012 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Restated |
Income Statement |  |  |  |  |  |  |  |  |
Net Sales |  | $ | 20,619,733 |  |  | $ | 0 |  |  | $ | 20,619,733 |
COGS |  | $ | 13,145,876 |  |  | $ | 604,257 |  |  | $ | 13,750,133 |
Gross Profit |  | $ | 7,473,857 |  |  | $ | (604,257 | ) |  | $ | 6,869,600 |
Operating Expenses |  | $ | 5,396,648 |  |  | $ | (604,257 | ) |  | $ | 4,792,390 |
Income from Operations |  | $ | 2,077,209 |  |  | $ | 0 |  |  | $ | 2,077,210 |

X
- Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22644-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=6368906&loc=d3e21914-107793 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22595-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22499-107794 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 1.N.Q3) -URI http://asc.fasb.org/extlink&oid=6369664&loc=d3e30840-122693 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 1 -Section N Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 154 -Paragraph 17, 22, 25, 26 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration