XML 17 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Consolidated Statements Of Income And Comprehensive Income    
Gross Sales $ 37,030 $ 33,103
Less: discounts and allowances (4,460) (3,481)
Net sales 32,570 29,622
Cost of goods sold 23,351 20,648
Depreciation expense 631 591
Total cost of goods sold 23,982 21,239
Gross profit 8,588 8,383
Selling expenses 2,944 3,302
General and administrative 4,356 3,492
Amortization expense 176 179
Total operating expenses 7,476 6,973
Income from operations 1,112 1,410
Other income (expense):    
Interest expense (58) (65)
Loss on sale of investments, net reclassified from OCI $ (12) (5)
Gain on sale of equipment 36
Impairment of investments $ 0 (180)
Other income (expense), net 17 108
Total other income (expense) (53) (106)
Income before provision for income taxes 1,059 1,304
Provision for income taxes 411 650
Net income $ 648 $ 654
Basic and diluted earnings per common share $ 0.04 $ 0.04
Weighted average number of shares outstanding 16,189 16,346
COMPREHENSIVE INCOME    
Net income $ 648 $ 654
Other comprehensive income (loss), net of tax:    
Unrealized gains (losses) on investments, net of $(23) and $23 of taxes $ 36 (35)
Reclassifications to earnings:    
Other than temporary impairment of investments, net of $(76) of taxes 104
Realized (gains) losses on investments, net of $-- and $2 of taxes (3)
Comprehensive income $ 684 $ 720