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Note 18 - Quarterly Data (Unaudited)
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Quarterly Financial Information [Text Block]

18. QUARTERLY DATA (UNAUDITED)

 

The following table presents the Company’s unaudited quarterly consolidated income statement data for the years ended December 31, 2021 and 2020. 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, 2021

 
  

March 31,

  

June 30,

  

September 30,

  

December 31,

 
  

2021

  

2021

  

2021

  

2021

 
                 

Sales

 $23,994,004  $26,449,885  $26,397,857  $27,320,481 

Gross Profit

  6,002,921   5,780,290   5,397,709   4,371,546 

Operating Income

  2,325,460   2,119,797   1,868,781   676,214 

Net Income

  3,143,417   1,247,305   1,197,877   64,698 

Net Income per Common Share:

                

Basic

 $0.93  $0.37  $0.35  $0.02 

Diluted

 $0.93  $0.37  $0.35  $0.02 

 

  

Year Ended December 31, 2020

 
  

March 31,

  

June 30,

  

September 30,

  

December 31,

 
  

2020

  

2020

  

2020

  

2020

 
                 

Sales

 $25,281,574  $18,576,588  $21,277,797  $19,933,941 

Gross Profit

  6,208,143   3,499,039   4,852,417   4,371,691 

Operating Income

  3,138,149   530,520   2,126,417   1,657,368 

Net Income

  2,075,570   228,837   1,426,090   2,108,890 

Net Income per Common Share:

                

Basic

 $0.63  $0.07  $0.43  $0.63 

Diluted

 $0.63  $0.07  $0.43  $0.63