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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales $ 8,134,104 $ 7,938,533 $ 15,948,472 $ 14,699,926
Cost of goods sold 6,205,420 6,028,069 12,575,280 11,523,599
Gross profit 1,928,684 1,910,464 3,373,192 3,176,327
Selling and administrative expenses 1,258,503 1,322,201 2,543,508 2,556,036
Operating profit 670,181 588,263 829,684 620,291
Other income:        
Interest income 11,089 13,119 23,018 26,360
Gain from disposal of property and equipment 187,073 6,500 189,063 6,500
Other nonoperating income 4,178 4,178 7,778 7,778
Income before provision for income taxes 872,521 612,060 1,049,543 660,929
Provision for income taxes 285,000 192,000 345,000 207,000
Net income $ 587,521 $ 420,060 $ 704,543 $ 453,929
Average common shares outstanding 966,132 966,132 966,132 966,132
Net income per share $ 0.61 $ 0.43 $ 0.73 $ 0.47
Cash dividends declared per share $ 0.12 $ 0.10 $ 0.24 $ 0.20