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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash $ 24,070,351 $ 18,337,258
Accounts receivable-trade, net of allowance for doubtful accounts of $15,703 and $22,642 as of December 31, 2018 and 2017, respectively 408,170 461,212
Inventory 33,867,276 37,311,197
Prepaid income taxes 383,478 41,307
Prepaid expenses 1,244,754 1,473,147
Other current assets 161,208 189,029
Total current assets 60,135,237 57,813,150
PROPERTY AND EQUIPMENT, at cost 28,005,563 27,218,481
Less accumulated depreciation and amortization (13,606,266) (11,750,639)
Property and equipment, net 14,399,297 15,467,842
DEFERRED INCOME TAXES 248,228 271,738
GOODWILL 954,765 962,949
OTHER INTANGIBLES, net of accumulated amortization of $713,000 and $710,000 as of December 31, 2018 and 2017, respectively 16,500 19,222
OTHER assets 386,107 379,695
Total Assets 76,140,134 74,914,596
CURRENT LIABILITIES:    
Accounts payable-trade 1,215,490 1,413,450
Accrued expenses and other liabilities 4,939,829 4,953,477
Current maturities of long-term debt 747,335 614,311
Total current liabilities 6,902,654 6,981,238
DEFERRED INCOME TAXES 1,556,493 1,636,958
LONG-TERM DEBT, net of current maturities 8,220,683 6,757,419
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.10 par value; 20,000,000 shares authorized, none issued or outstanding
Common stock, $0.0024 par value; 25,000,000 shares authorized; 11,346,778 and 11,313,692 shares issued at December 31, 2018 and 2017, respectively; 9,060,561 and 9,270,862 shares outstanding at December 31, 2018 and 2017, respectively 27,232 27,153
Paid-in capital 7,158,821 6,831,271
Retained earnings 65,716,761 63,921,244
Treasury stock at cost (2,286,217 and 2,042,830 shares at December 31, 2018 and 2017, respectively) (11,931,850) (10,278,584)
Accumulated other comprehensive income (1,510,660) (962,103)
Total stockholders' equity 59,460,304 59,538,981
Total Liabilities and Stockholders’ Equity $ 76,140,134 $ 74,914,596