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Note 18 - Quarterly Data (Unaudited)
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
1
8
. QUARTERLY DATA (UNAUDITED)
 
The following table presents the Company’s unaudited quarterly consolidated income statement data for the years ended
December 31, 2018
and
September 30, 2017.
These quarterly results include all adjustments consisting of normal recurring adjustments that the Company considers necessary for the fair presentation for the quarters presented and are
not
necessarily indicative of the operating results for any future period.
 
   
Year Ended December 31, 2018
 
   
March 31,
   
June 30,
   
September 30,
   
December 31,
 
   
2018
   
2018
   
2018
   
2018
 
                                 
Sales
  $
11,878,700
    $
13,593,192
    $
19,771,137
    $
21,135,277
 
Gross Profit
  $
3,018,441
    $
3,486,578
     
4,450,389
     
4,460,559
 
Operating Income
  $
643,085
    $
1,816,945
     
2,471,279
     
2,383,150
 
Net Income
   
373,752
     
394,625
     
1,497,079
     
1,348,163
 
Net Income per Common Share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
  $
0.13
    $
0.14
    $
0.55
    $
0.50
 
Diluted
  $
0.11
    $
0.13
    $
0.48
    $
0.43
 
 
 
   
Fiscal Year Ended September 30, 2017
 
   
December 31,
   
March 31,
   
June 30,
   
September 30,
 
   
2016
   
2017
   
2017
   
2017
 
                                 
Sales
  $
2,356,926
    $
3,346,315
    $
7,220,626
    $
10,892,868
 
Gross Profit
  $
583,238
    $
1,377,514
     
3,029,146
     
3,034,379
 
Operating Income (Loss)
  $
(307,346
)   $
265,896
     
1,308,925
     
1,414,462
 
Net Income (Loss)
  $
(313,706
)   $
213,140
     
941,523
     
567,439
 
Net Income (Loss) per Common Share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
  $
(0.11
)   $
0.07
    $
0.33
    $
0.20
 
Diluted
  $
(0.11
)   $
0.07
    $
0.31
    $
0.18