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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings Unappropriated
Retained Earnings Appropriated
Cumulative Translation Adjustment
Total
Begning Balance, Amount at Dec. 31, 2013 $ 19,383 $ (500,000) $ 80,033,981 $ 166,421,427 $ 17,265,572 $ 31,754,729 $ 294,995,092
Begning Balance, Number of shares issued at Dec. 31, 2013 38,765,201            
Begning Balance, Number of shares outstanding at Dec. 31, 2013 38,580,602            
Begning Balance, Number of shares treasury stock at Dec. 31, 2013 184,599            
Translation adjustment $ (1,077,846) $ (1,077,846)
Common stock repurchased, Number of shares outstanding (53,550)            
Common stock repurchased, Number of shares treasury stock 53,550 (61,728)         (61,728)
Cashless exercise of stock options, Amount $ 73 $ (73) $ 73
Cashless exercise of stock options, Number of shares issued 145,813            
Cashless exercise of stock options, Number of shares outstanding 145,813            
Issuance of stock options to employees   346,100 346,100
Net income for year ended       $ 17,871,795     $ 17,871,795
Transfer to statutory common reserve fund       (812,820) $ 812,820  
Ending Balance, Amount at Dec. 31, 2014 $ 19,456 $ (561,728) 80,380,008 183,480,402 18,078,392 $ 30,676,883 $ 312,073,413
Ending Balance, Number of shares issued at Dec. 31, 2014 38,911,014            
Ending Balance, Number of shares outstanding at Dec. 31, 2014 38,672,865            
Ending Balance, Number of shares treasury stock at Dec. 31, 2014 238,149            
Translation adjustment           (21,740,602) $ (21,740,602)
Common stock repurchased, Number of shares outstanding (31,000)            
Common stock repurchased, Number of shares treasury stock 31,000 (37,713)         (37,713)
Cashless exercise of stock options, Amount $ 49   (49)       $ 49
Cashless exercise of stock options, Number of shares issued 97,244            
Cashless exercise of stock options, Number of shares outstanding 97,244            
Issuance of stock options to employees     374,600       374,600
Common stock issued for business acquisition, Amount $ 3,634   13,369,506       13,373,140
Common stock issued for business acquisition, Number of shares issued 7,268,011            
Common stock issued for business acquisition, Number of shares outstanding 7,268,011            
Net income for year ended       34,068,037     34,068,037
Transfer to statutory common reserve fund       (2,262,044) 2,262,044    
Ending Balance, Amount at Dec. 31, 2015 $ 23,139 $ (599,441) $ 94,124,065 $ 215,286,395 $ 20,340,436 $ 8,936,281 $ 338,110,875
Ending Balance, Number of shares issued at Dec. 31, 2015 46,276,269            
Ending Balance, Number of shares outstanding at Dec. 31, 2015 46,007,120            
Ending Balance, Number of shares treasury stock at Dec. 31, 2015 269,149