XML 50 R35.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Note 10 - Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Income Tax Disclosure [Abstract] |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | Year ended December 31, 2015 |  |  | Year ended December 31, 2014 |  |  | Year ended December 31, 2013 |
Income for the year before provision for income taxes |  | $ | 17,942,957 |  |  | $ | 9,428,325 |  |  | $ | 5,799,803 |
Computed expected tax expense |  | $ | 6,100,605 |  |  | $ | 3,205,631 |  |  | $ | 1,971,933 |
Increase (reduction) in income tax expense resulting from: |  |  |  |  |  |  |  |  |  |  |  |
State income taxes |  |  | 265,489 |  |  |  | 64,056 |  |  |  | 14,500 |
Permanent differences, including foreign exchange |  |  | 278,959 |  |  |  | 192,260 |  |  |  | 13,700 |
Investment tax credits recovered |  |  | — |  |  |  | — |  |  |  | (115,455 | )
Other, including alternative minimum tax and adjustments to opening deferred tax assets |  |  | (75,826 | ) |  |  | (407,718 | ) |  |  | (265,339 | )
Provision for income taxes |  | $ | 6,569,227 |  |  | $ | 3,054,229 |  |  | $ | 1,619,339 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | December 31, 2015 |  |  | December 31, 2014 |
Deferred tax assets: |  |  |  |  |  |  |  |
Deferred revenue |  | $ | 5,454,284 |  |  | $ | 5,294,767 |
Foreign tax credit |  |  | 1,529,075 |  |  |  | 3,200,961 |
Amortization |  |  | (883,466 | ) |  |  | (414,345 | )
Accruals, including foreign exchange and other |  |  | 1,521,199 |  |  |  | (702,764 | )
Deferred tax assets |  | $ | 7,621,092 |  |  | $ | 7,378,619 |
Deferred income tax asset, current portion |  | $ | 3,243,718 |  |  | $ | 2,498,196 |
Deferred income tax asset, long-term portion |  |  | 4,377,374 |  |  |  | 4,880,423 |
|  | $ | 7,621,092 |  |  | $ | 7,378,619 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Limited life intangible assets |  | $ | (169,731 | ) |  | $ | (208,620 | )
Indefinite life intangible assets |  |  | (4,706,960 | ) |  |  | (4,578,731 | )
Total deferred tax liability, long-term portion |  | $ | (4,876,691 | ) |  | $ | (4,787,351 | )
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
Total Gross Unrecognized Tax Benefits |  | December 31, 2015 |  |  | December 31, 2014 |
Balance, beginning of year |  | $ | 117,000 |  |  | $ | 117,000 |
Change in uncertain tax benefits |  |  | — |  |  |  | — |
Balance, end of year |  | $ | 117,000 |  |  | $ | 117,000 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=51663037&loc=d3e36027-109320 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=6907707&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration