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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Condensed Consolidated Statements of Income        
Net sales $ 8,386,756 $ 8,854,274 $ 27,305,591 $ 28,271,399
Cost of goods sold 6,632,070 6,869,074 21,224,986 21,248,672
Gross profit 1,754,686 1,985,200 6,080,605 7,022,727
Selling and administrative expenses 1,278,646 1,322,064 4,205,493 4,230,685
Operating profit 476,040 663,136 1,875,112 2,792,042
Other income 24,795 16,193 68,000 45,403
Income before provision for income taxes 500,835 679,329 1,943,112 2,837,445
Provision for income taxes 165,000 217,000 634,000 933,000
Net income $ 335,835 $ 462,329 $ 1,309,112 $ 1,904,445
Per share data, basic and diluted:        
Net income per share $ 0.35 $ 0.48 $ 1.36 $ 1.97
Average common shares outstanding 966,132 966,132 966,132 966,132
Cash dividends declared per share $ 0.20 $ 0.18 $ 0.95 $ 0.79