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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 4,063,647 $ 5,248,459
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,163,116 1,088,758
(Gain) loss on disposal or abandonment of assets 25,782 8,603
Non-cash stock-based compensation 106,569 48,441
Deferred income taxes (67,646) (227,486)
Net changes in assets and liabilities:    
Accounts receivable-trade, net 40,042 60,403
Inventory (2,182,520) (13,064,374)
Prepaid expenses (310,400) (11,683)
Other current assets (91,331) 380,013
Accounts payable-trade 1,242,840 57,471
Accrued expenses and other liabilities 1,002,238 131,224
Income taxes payable (531,754) (735,527)
Total adjustments 396,936 (12,264,157)
Net cash provided by (used in) operating activities 4,460,583 (7,015,698)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,339,098) (1,719,465)
Proceeds from sale of assets 11,372 $ 19,935
Purchase of intangible assets (10,000)
(Increase) decrease in other assets (2,902) $ 6,968
Net cash used in investing activities (1,340,628) (1,692,562)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net (decrease) increase in revolving credit loans (3,500,000) $ 6,000,000
Proceeds from notes payable and long-term debt $ 3,711,224
Payment of dividend $ (2,549,683)
Payments on notes payable and long-term debt $ (2,143,125) $ (405,000)
Repurchase of common stock (treasury stock) (3,708,862)
Proceeds from issuance of common stock 9,920 $ 52,722
Net cash (used in) provided by financing activities (5,630,843) 3,098,039
Effect of exchange rate changes on cash (882,354) (606,442)
NET CHANGE IN CASH (3,393,242) (6,216,663)
CASH, beginning of period 10,636,530 11,082,679
CASH, end of period 7,243,288 4,866,016
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid during the period 307,160 154,367
Income tax paid during the period, net of (refunds) $ 2,883,552 $ 3,690,817