Schedule II-Schedule of Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2016

Schedule of Valuation and Qualifying Accounts for the years ended December 31, 2016, 2015, and 2014:

	Balance at beginning of period		Additions		Deductions		Balance at end of period
Provision for Inventories
Fiscal year ended 2014	$	681,395	$	—	$	—	$	681,395
Fiscal year ended 2015	$	681,395	$	—	$	—	$	681,395
Fiscal year ended 2016	$	681,395	$	176,424	$	262,296	$	595,523

Provision for Accounts Receivable
Fiscal year ended 2014	$	1,698,506	$	27,300	$	—	$	1,725,806
Fiscal year ended 2015	$	1,725,806	$	116,395	$	46,720	$	1,795,481
Fiscal year ended 2016	$	1,795,481	$	92,000	$	155,496	$	1,731,985

Deferred Tax Valuation
Fiscal year ended 2014	$	8,577,666	$	807,790	$	—	$	9,385,456
Fiscal year ended 2015	$	9,385,456	$	—	$	1,633,484	$	7,751,972
Fiscal year ended 2016	$	7,751,972	$	1,445,361	$	—	$	9,197,333

Provision for Rebates			(A)		(B)		(C)
Fiscal year ended 2014	$	26,793,666	$	19,115,643	$	12,070,529	$	33,838,780
Fiscal year ended 2015	$	33,838,780	$	19,488,956	$	12,155,856	$	41,171,880
Fiscal year ended 2016	$	41,171,880	$	19,693,872	$	21,882,467	$	38,983,285

(A)

Represents estimated rebates deducted from gross revenues

(B)

Represents rebates credited to the distributor and charge offs against the allowance

(C)

Includes $3,591,534; $3,733,199; and $4,160,099 in Accounts payable for 2016, 2015, and 2014, respectively.