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2. BUSINESS ACQUISITION (Tables)
6 Months Ended
Jun. 30, 2015
Business Combinations [Abstract]  
Schedule of fair value of identifiable assets and liabilities
Cash $ 14,074,720  
Accounts receivable   19,365,259  
Inventories   1,646,196  
Other current assets   82,562  
Property, plant and equipment, net   17,891,360  
Prepaid land leases, net of current portion   4,800,404  
Goodwill   31,399,066  
Accounts payable and accrued expenses   (8,670,568 )
Taxes payable   (963,458 )
Cumulative translation adjustment   56,205  
Total purchase price $ 79,678,746  

 

The following table shows supplemental information of the results of operations on a pro forma basis for the six months ended June 31, 2015 and 2014, as if the acquisition of SCRC had been completed at the beginning of the Company’s interim periods presented.

  

  For the six months ended
    June 30, 2015   June 30, 2014
Net Revenue $ 89,975,162 $ 87,740,225
Net Income $ 17,560,565 $ 17,277,051
EARNINGS PER SHARE        
-Basic $ 0.38 $ 0.38
-Diluted $ 0.37 $ 0.37