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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
Total
Settlement of Stockholder's Notes Payable
Private Placement
Common Stock
Common Stock
Settlement of Stockholder's Notes Payable
Common Stock
Private Placement
Treasury stock
Additional paid-in capital
Additional paid-in capital
Settlement of Stockholder's Notes Payable
Additional paid-in capital
Private Placement
Statutory common reserve
Retained earnings
Cumulative translation adjustment
BEGINNING BALANCE at Dec. 31, 2008 $ 52,469,220     $ 12,459       $ 13,072,668     $ 3,223,418 $ 31,817,465 $ 4,343,210
BEGINNING BALANCE (in shares) at Dec. 31, 2008       24,917,211                  
BEGINNING BALANCE (in shares) at Dec. 31, 2008       24,917,211                  
Translation adjustment (183,595)                       133,789
Common stock issued (in shares)         5,250,000 2,941,182              
Common stock issued   21,287,493 23,500,040   2,625 1,471     21,284,868 23,498,569      
Common stock issued for acquiring assets (in shares)       1,432,341                  
Common stock issued for acquiring assets 6,028,588     716       6,027,872          
Issuance of warrants to non-employees 1,415,772             1,415,772          
Issuance of stock options to employees 606,468             606,468          
Net income 30,591,415                     30,591,415  
Fractional shares upon reverse stock split       332                  
Transfer to statutory common reserve fund                     2,456,351 (2,456,351)  
Reclassification adjustment (1,649,815)             (1,188,191)       (144,240) (317,384)
ENDING BALANCE at Dec. 31, 2009 134,382,970     17,271       64,718,026     5,679,769 59,808,289 4,159,615
ENDING BALANCE (in shares) at Dec. 31, 2009       34,541,066                  
ENDING BALANCE (in shares) at Dec. 31, 2009       34,541,066                  
Translation adjustment 5,110,249                       5,110,249
Common stock issued for exercising stock options (in shares)       108,405                  
Common stock issued for exercising stock options 18,000     54       17,946          
Common stock issued for exercising warrants (in shares)       15,881                  
Common stock issued for exercising warrants       8       (8)          
Common stock issued for acquiring assets (in shares)       70,560                  
Common stock issued for acquiring assets 608,227     35       608,192          
Issuance of warrants to non-employees 193,428             193,428          
Issuance of stock options to employees 1,089,000             1,089,000          
Net income 51,283,320                     51,283,320  
Transfer to statutory common reserve fund                     4,591,524 (4,591,524)  
ENDING BALANCE at Dec. 31, 2010 192,685,194     17,368       66,626,584     10,271,293 106,500,085 9,269,864
ENDING BALANCE (in shares) at Dec. 31, 2010 34,735,912     34,735,912                  
ENDING BALANCE (in shares) at Dec. 31, 2010 34,735,912     34,735,912                  
Translation adjustment 12,493,402                       12,493,402
Common stock repurchased (in shares)       (184,599)     184,599            
Common stock repurchased (500,000)           (500,000)            
Common stock issued for exercising stock options (in shares)       9,430                  
Common stock issued for exercising stock options       5       (5)          
Issuance of warrants to non-employees 452,000             452,000          
Issuance of stock options to employees 7,029,400             7,029,400          
Net income 30,952,760                     30,952,760  
Transfer to statutory common reserve fund                     4,138,264 (4,138,264)  
ENDING BALANCE at Dec. 31, 2011 $ 243,112,756     $ 17,373     $ (500,000) $ 74,107,979     $ 14,409,557 $ 133,314,581 $ 21,763,266
ENDING BALANCE (in shares) at Dec. 31, 2011 34,745,342     34,745,342                  
ENDING BALANCE (in shares) at Dec. 31, 2011 34,560,743     34,560,743     184,599