XML 29 R4.htm IDEA: XBRL DOCUMENT v3.19.3
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
 3 Months Ended 9 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Sep. 29, 2019
Sep. 30, 2018
Revenues $ 79,364,306 $ 77,062,137 $ 221,998,263 $ 214,863,045
Gross profit 22,176,622 21,373,025 61,478,096 57,875,235
Selling, general and administrative expenses 14,502,757 14,022,464 42,361,018 38,530,315
Gain on contingent consideration 0 (988,303) 0 (2,160,307)
Depreciation and amortization 1,196,753 1,247,537 3,632,500 3,801,425
Operating income 6,477,112 7,091,327 15,484,578 17,703,802
Loss on extinguishment of debt (540,705) 0 540,705 0
Interest expense, net 395,448 661,683 1,244,795 2,274,575
Income before income taxes 5,540,959 6,429,644 13,699,078 15,429,227
Income tax expense 1,333,789 1,368,258 3,194,055 2,732,386
Net income (loss) $ 4,207,170 $ 5,061,386 $ 10,505,023 $ 12,696,841
Net income per share:        
Basic (in dollars per share) $ 0.41 $ 0.50 $ 1.03 $ 1.36
Diluted (in dollars per share) $ 0.41 $ 0.49 $ 1.01 $ 1.32
Weighted-average shares outstanding:        
Basic (shares) 10,239,126 10,109,791 10,233,725 9,368,840
Diluted (shares) 10,343,673 10,342,559 10,365,871 9,638,616
Cash dividends declared per common share $ 0.30 $ 0.30 $ 0.90 $ 0.85
Service        
Revenues $ 79,364,306 $ 77,062,137 $ 221,998,263 $ 214,863,045
Cost of services $ 57,187,684 $ 55,689,112 $ 160,520,167 $ 156,987,810