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Consolidated Statements Of Income And Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Consolidated Statements Of Income And Comprehensive Income        
Gross sales $ 36,291,842 $ 32,594,048 $ 69,394,925 $ 64,655,195
Less: discounts and promotional allowances (6,470,654) (3,028,637) (9,951,613) (5,958,073)
Net sales 29,821,188 29,565,411 59,443,312 58,697,122
Cost of goods sold 22,201,129 21,432,624 42,849,096 43,114,535
Depreciation expense 604,531 627,878 1,195,158 1,411,238
Total cost of goods sold 22,805,660 22,060,502 44,044,254 44,525,773
Gross profit 7,015,528 7,504,909 15,399,058 14,171,349
Selling expenses 2,617,399 3,693,821 6,779,802 7,173,509
General and administrative 4,170,155 2,107,197 6,802,051 4,487,827
Amortization expense 178,920 178,919 357,839 357,839
Total operating expenses 6,966,474 5,979,937 13,939,692 12,019,175
Income from operations 49,054 1,524,972 1,459,366 2,152,174
Other income (expense):        
Interest and dividend income 35,739 35,227 61,218 63,925
Rental income 1,800 1,200 3,600 1,700
Interest expense (58,429) (66,724) (123,770) (132,293)
(Loss)/Gain on sale of investments, net reclassified from OCI (16,844) 57,321 (21,937) 62,130
Gain on sale of property and equipment 207,083 (76,484) 243,083 (76,484)
Other income (expense), net 136 1,672 (98,796) 1,672
Total other income (expense) 169,485 (47,788) 63,398 (79,350)
Income before provision for income taxes 218,539 1,477,184 1,522,764 2,072,824
Provision for income taxes 119,626 807,768 770,133 1,106,229
Net income $ 98,913 $ 669,416 $ 752,631 $ 966,595
Basic and diluted earnings per common share $ 0.01 $ 0.04 $ 0.05 $ 0.06
Weighted average number of common shares outstanding 16,346,017 16,346,017 16,346,017 16,346,017
COMPREHENSIVE INCOME        
Net income $ 98,913 $ 669,416 $ 752,631 $ 966,595
Other comprehensive income (loss), net of tax:        
Unrealized gains (losses) on investments (net of tax) (18,215) 63,111 (64,475) 71,155
Less reclassification adjustment for (gains) losses and other than temporary impairments included in net income (net of taxes) 10,435 (34,393) 122,815 (37,110)
Comprehensive income $ 91,133 $ 698,134 $ 810,971 $ 1,000,640