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Condensed Consolidated Statements of Operations and Comprehensive Income (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net Sales $ 11,786,226 $ 11,730,972 $ 37,409,817 $ 36,393,391
Cost of Sales 9,114,918 9,461,457 29,290,188 29,583,262
Gross profit 2,671,308 2,269,515 8,119,629 6,810,129
Operating expenses:        
General and administrative 1,570,380 1,295,317 4,441,458 3,974,997
Selling 482,544 233,756 1,304,783 654,531
Advertising and marketing 349,581 416,916 1,249,078 1,108,932
Total operating expenses 2,402,505 1,945,989 6,995,319 5,738,460
Income from operations 268,803 323,526 1,124,310 1,071,669
Other (expense) income:        
Interest expense (270,793) (326,177) (629,854) (615,370)
Interest income 5,536 7,576 16,607 13,528
Foreign currency gain 5,301 8,630 13,206 34,896
Total other expense, net (259,956) (309,971) (600,041) (566,946)
Net income before taxes 8,847 13,555 524,269 504,723
Income tax expense 1,451 12,907 203,726 253,807
Net income 7,396 648 320,543 250,916
Less: Net income (loss) attributable to noncontrolling interest 1,359 (17,471) 3,425 (77,666)
Net income attributable to CTI Industries Corporation 6,037 18,119 317,118 328,582
Other Comprehensive Income (loss)        
Foreign currency adjustment 387,275 (718,290) 88,082 (323,582)
Comprehensive income (loss) $ 393,312 $ (700,171) $ 405,200 $ 5,000
Basic income per common share (in dollars per share) $ 0.00 $ 0.01 $ 0.10 $ 0.10
Diluted income per common share (in dollars per share) $ 0.00 $ 0.01 $ 0.10 $ 0.10
Dividends per share (in dollars per share) $ 0 $ 0.05 $ 0 $ 0.05
Weighted average number of shares and equivalent shares of common stock outstanding:        
Basic (in shares) 3,214,771 3,138,848 3,208,862 3,138,181
Diluted (in shares) 3,353,267 3,178,444 3,269,941 3,187,871