XML 16 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Statements of Operation [Abstract]    
Gross sales $ 35,785,119 $ 35,832,357
Less: discounts, returns, and allowances 1,797,632 1,905,369
Net sales 33,987,487 33,926,988
Cost of goods sold 22,647,516 21,797,093
Gross profit 11,339,971 12,129,895
Operating Expenses:    
Advertising and promotion expenses 3,010,758 2,565,678
Selling and administrative 7,579,682 6,540,961
Total operating expenses 10,590,440 9,106,639
Operating income 749,531 3,023,256
Other income (expense)    
Interest net, (expense) (33,639) $ (43,454)
Other (expense) (12,522)
Income before income taxes 703,370 $ 2,979,802
Provision for income taxes 242,676 948,874
Net income $ 460,694 2,030,928
Loss attributable to noncontrolling interests 17,149
Net income attributable to Ocean Bio-Chem, Inc. $ 460,694 $ 2,048,077
Earnings per common share - basic and diluted $ 0.05 $ 0.23
Dividends declared per common share $ 0.05