XML 53 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Statements Of Operation [Abstract]    
Gross sales $ 35,832,357us-gaap_SalesRevenueGoodsGross $ 34,407,254us-gaap_SalesRevenueGoodsGross
Less: discounts, returns, and allowances 1,905,369us-gaap_SalesDiscountsReturnsAndAllowancesGoods 1,703,776us-gaap_SalesDiscountsReturnsAndAllowancesGoods
Net sales 33,926,988us-gaap_SalesRevenueNet 32,703,478us-gaap_SalesRevenueNet
Cost of goods sold 21,797,093us-gaap_CostOfGoodsSold 21,814,739us-gaap_CostOfGoodsSold
Gross profit 12,129,895us-gaap_GrossProfit 10,888,739us-gaap_GrossProfit
Operating Expenses:    
Advertising and promotion 2,565,678us-gaap_MarketingAndAdvertisingExpense 2,647,968us-gaap_MarketingAndAdvertisingExpense
Selling and administrative 6,540,961us-gaap_SellingGeneralAndAdministrativeExpense 5,928,830us-gaap_SellingGeneralAndAdministrativeExpense
Total operating expenses 9,106,639us-gaap_OperatingExpenses 8,576,798us-gaap_OperatingExpenses
Operating income 3,023,256us-gaap_OperatingIncomeLoss 2,311,941us-gaap_OperatingIncomeLoss
Other income (expense)    
Interest net, (expense) (43,454)us-gaap_InterestExpense (67,180)us-gaap_InterestExpense
Other income    6,319us-gaap_OtherNonoperatingIncome
Income before income taxes 2,979,802us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 2,251,080us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 948,874us-gaap_IncomeTaxExpenseBenefit 815,812us-gaap_IncomeTaxExpenseBenefit
Net income 2,030,928us-gaap_ProfitLoss 1,435,268us-gaap_ProfitLoss
Loss attributable to noncontrolling interests 17,149us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 25,724us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Ocean Bio-Chem, Inc. $ 2,048,077us-gaap_NetIncomeLoss $ 1,460,992us-gaap_NetIncomeLoss
Earnings per common share - basic and diluted $ 0.23us-gaap_EarningsPerShareBasicAndDiluted $ 0.17us-gaap_EarningsPerShareBasicAndDiluted
Dividends declared per common share $ 0.05us-gaap_CommonStockDividendsPerShareDeclared