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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net Sales $ 15,984,726 $ 12,811,697 $ 29,963,903 $ 28,171,335
Cost of Sales 12,189,204 9,694,288 23,299,990 21,436,477
Gross profit 3,795,522 3,117,409 6,663,913 6,734,858
Operating expenses:        
General and administrative 1,680,490 1,866,615 3,564,536 3,767,871
Selling 958,796 1,187,904 1,817,333 1,909,294
Advertising and marketing 331,609 537,372 628,489 1,093,781
Gain on sale of assets (22,998) (23,817) (47,413) (93,117)
Total operating expenses 2,947,897 3,568,074 5,962,945 6,677,829
Income from operations 847,625 (450,665) 700,968 57,029
Other (expense) income:        
Interest expense (550,780) (359,782) (1,114,840) (732,646)
Interest income 11,389 11,043
Change in fair value of warrants 4,202 23,808
Foreign currency (loss) gain (13,246) (50,428) 17,783 (80,954)
Total other expense, net (552,637) (406,008) (1,086,014) (789,792)
Net income before taxes 294,988 (856,673) (385,046) (732,763)
Income tax expense 89,281 (263,110) (120,202) (187,473)
Net income 205,707 (593,563) (264,844) (545,290)
Less: Net (loss) income attributable to noncontrolling interest (44,497) (67,435) (52,040) (77,632)
Net income attributable to CTI Industries Corporation 250,204 (526,128) (212,804) (467,658)
Other Comprehensive Income (Loss)        
Foreign currency adjustment (775,497) 442,057 (342,432) 753,369
Comprehensive Income (Loss) $ (525,293) $ (84,071) $ (555,236) $ 285,711
Basic income per common share (in dollars per share) $ 0.07 $ (0.15) $ (0.06) $ (0.13)
Diluted income per common share (in dollars per share) $ 0.07 $ (0.14) $ (0.06) $ (0.12)
Weighted average number of shares and equivalent shares of common stock outstanding:        
Basic (in shares) 3,530,227 3,616,693 3,530,227 3,616,693
Diluted (in shares) 3,567,315 3,771,581 3,530,227 3,772,236