XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) [Abstract]        
Revenue $ 21,340,831 $ 16,607,638 $ 61,916,552 $ 50,043,470
Cost of sales 15,536,407 12,440,033 45,379,099 37,780,959
Gross profit 5,804,424 4,167,605 16,537,453 12,262,511
Selling, general and administrative expenses 1,615,888 1,525,386 5,290,999 5,408,273
Income from operations 4,188,536 2,642,219 11,246,454 6,854,238
Interest expense 163,099 111,177 486,679 216,331
Income before provision for income taxes 4,025,437 2,531,042 10,759,775 6,637,907
Provision for income taxes 1,230,000 726,000 3,349,000 1,894,000
Net income 2,795,437 1,805,042 7,410,775 4,743,907
Other comprehensive income (loss), net of tax        
Change in unrealized gain (loss)- interest rate swap (1,490) 5,732 (33,826) 17,000
Comprehensive Income $ 2,793,947 $ 1,810,774 $ 7,376,949 $ 4,760,907
Income per common share - basic (in dollars per share) $ 0.33 $ 0.26 $ 0.99 $ 0.69
Income per common share - diluted (in dollars per share) $ 0.33 $ 0.25 $ 0.96 $ 0.66
Shares used in computing income per common share:        
Basic (in shares) 8,347,086 6,915,313 7,510,581 6,853,073
Diluted (in shares) 8,476,691 7,158,715 7,684,508 7,138,081