XML 40 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash $ 10,636,530us-gaap_CashAndCashEquivalentsAtCarryingValue $ 11,082,679us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable-trade, net of allowance for doubtful accounts of $395 and $1,171 in 2014 and 2013, respectively 625,054us-gaap_AccountsReceivableNetCurrent 762,405us-gaap_AccountsReceivableNetCurrent
Inventory 32,875,492us-gaap_InventoryNet 26,300,830us-gaap_InventoryNet
Prepaid income taxes 336,828us-gaap_PrepaidTaxes  
Deferred income taxes 371,491us-gaap_DeferredTaxAssetsNetCurrent 309,533us-gaap_DeferredTaxAssetsNetCurrent
Prepaid expenses 1,348,652us-gaap_PrepaidExpenseCurrent 1,609,644us-gaap_PrepaidExpenseCurrent
Other current assets 157,758us-gaap_OtherAssetsCurrent 478,593us-gaap_OtherAssetsCurrent
Total current assets 46,351,805us-gaap_AssetsCurrent 40,543,684us-gaap_AssetsCurrent
PROPERTY AND EQUIPMENT, at cost 22,199,943us-gaap_PropertyPlantAndEquipmentGross 20,290,990us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation and amortization (7,037,665)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (5,863,280)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15,162,278us-gaap_PropertyPlantAndEquipmentNet 14,427,710us-gaap_PropertyPlantAndEquipmentNet
GOODWILL 971,786us-gaap_Goodwill 981,985us-gaap_Goodwill
OTHER INTANGIBLES, net of accumulated amortization of $665,000 and $622,000 in 2014 and 2013, respectively 58,026us-gaap_FiniteLivedIntangibleAssetsNet 103,228us-gaap_FiniteLivedIntangibleAssetsNet
OTHER assets 329,979us-gaap_OtherAssetsNoncurrent 341,959us-gaap_OtherAssetsNoncurrent
Total Assets 62,873,874us-gaap_Assets 56,398,566us-gaap_Assets
CURRENT LIABILITIES:    
Accounts payable-trade 1,255,218us-gaap_AccountsPayableCurrent 1,884,637us-gaap_AccountsPayableCurrent
Accrued expenses and other liabilities 5,394,514us-gaap_AccruedLiabilitiesCurrent 5,808,882us-gaap_AccruedLiabilitiesCurrent
Income taxes payable   272,198us-gaap_AccruedIncomeTaxesCurrent
Current maturities of long-term debt 3,702,500us-gaap_LongTermDebtCurrent 202,500us-gaap_LongTermDebtCurrent
Total current liabilities 10,352,232us-gaap_LiabilitiesCurrent 8,168,217us-gaap_LiabilitiesCurrent
DEFERRED INCOME TAXES 1,458,005us-gaap_DeferredTaxLiabilitiesNoncurrent 1,212,557us-gaap_DeferredTaxLiabilitiesNoncurrent
LONG-TERM DEBT, net of current maturities 1,940,625us-gaap_LongTermDebtNoncurrent 2,396,250us-gaap_LongTermDebtNoncurrent
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.10 par value; 20,000,000 shares authorized, none issued or outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, $0.0024 par value; 25,000,000 shares authorized, 11,239,157 and 11,192,356 shares issued at 2014 and 2013, respectively 10,245,534 and 10,198,733 shares outstanding at 2014 and 2013, respectively 26,984us-gaap_CommonStockValue 26,862us-gaap_CommonStockValue
Paid-in capital 6,013,325us-gaap_AdditionalPaidInCapital 5,892,907us-gaap_AdditionalPaidInCapital
Retained earnings 46,664,829us-gaap_RetainedEarningsAccumulatedDeficit 41,507,592us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock at cost (993,623 shares at 2014 and 2013) (2,894,068)us-gaap_TreasuryStockValue (2,894,068)us-gaap_TreasuryStockValue
Accumulated other comprehensive income (688,058)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 88,249us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders' equity 49,123,012us-gaap_StockholdersEquity 44,621,542us-gaap_StockholdersEquity
Total Liabilities and Stockholders’ Equity $ 62,873,874us-gaap_LiabilitiesAndStockholdersEquity $ 56,398,566us-gaap_LiabilitiesAndStockholdersEquity