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Condensed Consolidated Statements of Comprehensive Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net Sales $ 13,476,157 $ 14,880,820 $ 42,831,655 $ 43,476,981
Cost of Sales 10,064,066 10,775,500 31,661,039 31,863,004
Gross profit 3,412,091 4,105,320 11,170,616 11,613,977
Operating expenses:        
General and administrative 1,808,299 1,840,643 5,470,523 5,300,418
Selling 977,928 862,587 3,162,083 2,425,677
Advertising and marketing 581,143 689,244 1,643,852 2,005,643
Loss (gain) on sale of assets (27,700) 0 (27,700) 0
Total operating expenses 3,339,670 3,392,474 10,248,758 9,731,738
Income from operations 72,421 712,846 921,858 1,882,239
Other (expense) income:        
Interest expense (358,643) (350,960) (1,074,295) (1,067,895)
Interest income 0 5,952 0 30,729
Change in fair value of warrants 47,617 0 (179,261) 0
Foreign currency gain 9,663 43,932 77,341 47,230
Total other expense, net (301,363) (301,076) (1,176,215) (989,936)
Net (loss) income before taxes (228,942) 411,770 (254,357) 892,303
Income tax (benefit) expense (28,655) 161,280 (16,804) 386,514
Net (loss) income (200,287) 250,490 (237,553) 505,789
Less: Net (loss) income attributable to noncontrolling interest (19,812) 41,237 19,089 (39,754)
Net (loss) income attributable to CTI Industries Corporation (180,475) 209,253 (256,642) 545,543
Other Comprehensive (Loss)        
Foreign currency adjustment (236,133) (547,475) (840,144) (1,009,986)
Comprehensive (loss) $ (416,608) $ (338,222) $ (1,096,786) $ (464,443)
Basic (loss) income per common share $ (0.05) $ 0.06 $ (0.07) $ 0.17
Diluted (loss) income per common share $ (0.05) $ 0.06 $ (0.07) $ 0.16
Weighted average number of shares and equivalent shares of common stock outstanding:        
Basic 3,541,582 3,301,116 3,541,582 3,301,116
Diluted 3,714,239 3,446,808 3,703,732 3,447,938