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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The income tax provisions are comprised of the following:

		Dec. 31 2013			Dec. 31 2012
Current:
Federal		$	-		$	-
State			43,751			-
Foreign			92,643			471,112
		$	136,394		$	471,112
Deferred
Federal		$	(62,192)		$	(112,978)
State			-			-
Foreign			195,634			(311,862)
			133,442			(424,840)
Total Income Tax Provision		$	269,836		$	46,272

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of the net deferred tax asset at December 31 are as follows:

		2013			2012
Deferred tax assets:
Allowance for doubtful accounts		$	54,352		$	20,534
Inventory allowances			283,193			255,285
Accrued liabilities			200,395			73,929
Unicap 263A adjustment			186,611			151,625
Net operating loss carryforwards			690,846			602,580
Alternative minimum tax credit carryforwards			398,162			348,867
State investment tax credit carryforward			76,668			34,523
Foreign tax credit carryforward			615,080			615,080
Other foreign tax items			-			600,844
Foreign net operating loss carryforwards			461,965			-
Total deferred tax assets			2,967,272			2,703,267
Deferred tax liabilities:
Tax over book basis of capital assets			(1,354,409)			(1,113,335)
Undistributed Earnings from Subsidiaries			(211,274)			-
Other foreign tax items			(152,705)			(207,607)
Net deferred tax assets		$	1,248,884		$	1,382,325

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Income tax provisions differed from the taxes calculated at the statutory federal tax rate as follows:

		Years Ended December 31,
		2013			2012
Taxes at statutory rate		$	230,474		$	32,411
State income taxes			42,502			5,718
Nondeductible expenses			40,565			57,937
Foreign taxes and other			(43,705)			(49,794)
Income tax provision		$	269,836		$	46,272

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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