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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues $ 41,534,386 $ 38,257,140 $ 74,759,605 $ 64,715,328
Cost of Sales (32,725,129) (29,130,668) (58,178,640) (50,748,327)
Gross Profit 8,809,257 9,126,472 16,580,965 13,967,001
Selling, General and Administrative Expenses (719,679) (638,361) (1,579,965) (1,077,699)
Loss from Disposal of Property, Plant and Equipment (607) (1,082,454) (69,168) (1,082,454)
Income from Operations 8,088,971 7,405,657 14,931,832 11,806,848
Other Income (Expense):        
Interest income 13,108 62,286 24,254 89,474
Interest expense (136,989) (169,929) (267,055) (333,246)
Income before Income Taxes 7,965,090 7,298,014 14,689,031 11,563,076
Provision for Income Taxes (2,104,140) (1,946,159) (3,975,157) (3,085,127)
Net Income 5,860,950 5,351,855 10,713,874 8,477,949
Other Comprehensive Income:        
Foreign currency translation adjustment 1,792,556 318,553 2,456,054 327,496
Total Comprehensive Income $ 7,653,506 $ 5,670,408 $ 13,169,928 $ 8,805,445
Earnings Per Share:        
Basic Earnings per Share $ 0.32 $ 0.30 $ 0.58 $ 0.51
Fully Diluted Earnings per Share $ 0.32 $ 0.30 $ 0.58 $ 0.51
Weighted Average Number of Shares        
Outstanding - Basic 18,350,186 18,113,740 18,348,464 16,510,549
Outstanding - Fully Diluted 18,350,186 18,113,740 18,348,464 16,512,621