XML 48 R72.htm IDEA: XBRL DOCUMENT v2.4.0.6
Business Combination (Details Narrative) (USD $)
3 Months Ended 12 Months Ended 10 Months Ended 12 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2011
Pac-Kit
Dec. 31, 2011
Pac-Kit
Feb. 28, 2011
Pac-Kit
Dec. 31, 2012
The C-Thru Ruler Company
Dec. 31, 2011
The C-Thru Ruler Company
Dec. 31, 2012
The C-Thru Ruler Company
Dec. 31, 2011
The C-Thru Ruler Company
Jun. 30, 2012
The C-Thru Ruler Company
Jun. 07, 2012
The C-Thru Ruler Company
Total purchase price of assets                         $ 3,400,000           $ 1,470,000
Purchase price allocation to tangible assets                         1,900,000            
Purchase price allocated to inventory                         1,196,000         423,000 420,000
Purchase price allocated to intangible assets                         1,500,000         1,050,000 1,050,000
Liabilities assumed as part of Pac-Kit purchase                         310,000            
Unaudited proforma net sales during period                       6,000,000       3,200,000 3,000,000    
Unaudited proforma net income during period                     175,000 200,000              
Net sales 19,535,000 20,363,000 27,594,000 16,878,000 15,836,000 19,036,000 24,029,000 14,401,000 84,369,770 73,301,864 5,200,000     1,700,000 1,400,000        
Integration and transaction costs                     $ 125,000 $ 125,000