XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements Of Income (Loss) And Retained Earnings (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements Of Income (Loss) And Retained Earnings        
NET SALES $ 31,384,137 $ 34,073,747 $ 48,794,852 $ 52,268,473
COST OF SALES 27,228,173 26,562,233 48,292,303 47,221,231
Gross profit from operations 4,155,964 7,511,514 502,549 5,047,242
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 4,023,396 3,861,768 7,854,700 7,749,286
Income (Loss) from operations 132,568 3,649,746 (7,352,151) (2,702,044)
OTHER INCOME (EXPENSE):        
Interest income 31,755 50,779 80,639 101,665
Interest expense (144,197) (158,757) (220,977) (280,880)
Gain on sale of equity investments 2,584,382 7,667 5,197,438 11,839
Dividend income 49,269 47,402 107,183 121,516
Other, net 91,487 (109,871) 257,355 662,544
Other Income (Expense), Total 2,612,696 (162,780) 5,421,638 616,684
Income (Loss) before taxes 2,745,264 3,486,966 (1,930,513) (2,085,360)
PROVISION FOR (BENEFIT FROM) INCOME TAXES 70,000 975,000 (540,000) 100,000
NET INCOME (LOSS) 2,675,264 2,511,966 (1,390,513) (2,185,360)
RETAINED EARNINGS, beg. of period 98,204,787 101,292,386 102,270,564 105,989,712
Less cash dividends 947,317 925,565 947,317 925,565
Less purchase and retirement of capital stock 1,992,757 0 1,992,757 0
RETAINED EARNINGS, end of period $ 97,939,977 $ 102,878,787 $ 97,939,977 $ 102,878,787
Basic earnings (losses) per share $ 0.66 $ 0.62 $ (0.34) $ (0.54)
Cash dividends per share $ 0.23 $ 0.23 $ 0.23 $ 0.23