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Condensed Consolidated Statements of Comprehensive Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net Sales $ 14,150,504 $ 13,620,833 $ 29,355,498 $ 28,596,161
Cost of Sales 10,313,825 10,100,571 21,596,973 21,087,503
Gross profit 3,836,679 3,520,262 7,758,525 7,508,658
Operating expenses:        
General and administrative 1,904,874 1,772,248 3,662,224 3,459,775
Selling 1,192,794 827,682 2,184,155 1,563,090
Advertising and marketing 536,631 670,147 1,062,709 1,316,398
Total operating expenses 3,634,299 3,270,077 6,909,088 6,339,263
Income from operations 202,380 250,185 849,437 1,169,395
Other (expense) income:        
Interest expense (357,192) (308,048) (715,652) (716,937)
Interest income 0 19,242 0 24,777
Change in fair value of warrants (39,214) 0 (226,878) 0
Foreign currency gain (loss) 78,161 7,311 67,677 3,298
Total other expense, net (318,245) (281,495) (874,853) (688,862)
Net income (loss) before taxes (115,865) (31,310) (25,416) 480,533
Income tax expense (benefit) 4,865 52,171 11,851 225,233
Net income (loss) (120,730) (83,481) (37,267) 255,300
Less: Net income (loss) attributable to noncontrolling interest (37,800) (135,156) 38,900 (80,990)
Net income (loss) attributable to CTI Industries Corporation (82,930) 51,675 (76,167) 336,290
Other Comprehensive (Loss)        
Foreign currency adjustment (536,409) (78,370) (604,011) (462,512)
Comprehensive (loss) $ (619,339) $ (26,695) $ (680,178) $ (126,222)
Basic income (loss) per common share $ (0.02) $ 0.02 $ (0.02) $ 0.1
Diluted income (loss) per common share $ (0.02) $ 0.01 $ (0.02) $ 0.1
Weighted average number of shares and equivalent shares of common stock outstanding:        
Basic 3,363,986 3,301,116 3,363,986 3,301,116
Diluted 3,535,075 3,448,349 3,519,906 3,448,520