XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Condensed Consolidated Statements of Operations [Abstract]    
Net sales $ 8,384,213 $ 8,220,554
Cost of goods sold 5,406,117 5,243,843
Gross profit 2,978,096 2,976,711
Operating Expenses:    
Advertising and promotion 751,400 690,352
Selling and administrative 1,554,777 1,544,023
Total operating expenses 2,306,177 2,234,375
Operating income 671,919 742,336
Interest income (expense), net 7,386 (1,948)
Income before income taxes 679,305 740,388
Provision for income taxes (155,925) (236,464)
Net income $ 523,380 $ 503,924
Earnings per common share - basic $ 0.06 $ 0.06
Earnings per common share - diluted 0.06 0.05
Dividends declared per common share $ 0.06