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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Condensed Consolidated Statements of Income (Unaudited)        
Net sales $ 9,023,398 $ 8,364,390 $ 18,221,094 $ 17,669,339
Cost of goods sold 7,577,021 6,687,313 14,918,495 13,957,825
Gross profit 1,446,377 1,677,077 3,302,599 3,711,514
Selling and administrative expenses 1,263,921 1,284,748 2,559,585 2,646,949
Operating profit 182,456 392,329 743,014 1,064,565
Other income 12,448 14,178 22,203 32,070
Income before income taxes 194,904 406,507 765,217 1,096,635
Provision for income taxes 41,000 87,000 164,000 237,000
Net income $ 153,904 $ 319,507 $ 601,217 $ 859,635
Per share data        
Basic net income per share $ 0.16 $ 0.33 $ 0.62 $ 0.89
Diluted net income per share $ 0.16 $ 0.33 $ 0.62 $ 0.89
Basic 966,132 966,132 966,132 966,132
Diluted 966,132 966,132 966,132 966,132
Cash dividends declared per share $ 0.22 $ 0.22 $ 0.44 $ 0.44