XML 25 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 629,438 $ 1,189,930
Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities:    
Depreciation 1,845,934 1,895,061
Amortization 16,569 140,603
Compensation on Stock-Based Awards   27,044
Interest on Swap Valuation   (18,140)
Impairment on Assets Held for Sale 127,000 52,733
Bargain Purchase Gain   (791,615)
Deferred Taxes (96,000) 279,000
Loss on Disposal of Property and Equipment 3,490 1,020
Changes in Current Operating Items, Net of Effects of 2011 Business Acquisition    
Accounts Receivable 3,112,529 718,771
Inventories 1,364,731 (2,920,820)
Prepaid Expenses and Other Assets 10,564 24,223
Income Taxes Receivable 170,292 205,709
Accounts Payable (2,211,460) (1,167,228)
Accrued Payroll and Commissions (205,195) (413,256)
Other Accrued Liabilities (207,153) (97,146)
Income Taxes Payable 60,878  
Net Cash Provided by (Used in) Operating Activities 4,621,617 (874,111)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from Sale of Property and Equipment 36,856 138,621
Business Acquisition   (1,542,389)
Purchases of Property and Equipment (4,432,793) (1,270,443)
Net Cash Used in Investing Activities (4,395,937) (2,674,211)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net (Repayments) Borrowings on Line of Credit (1,421,557) 3,729,923
Proceeds from Long-Term Debt 1,710,970 1,380,904
Principal Payments on Long-Term Debt (515,093) (1,793,087)
Net Cash Provided by (Used in) Financing Activities (225,680) 3,317,740
NET DECREASE IN CASH 0 (230,582)
Cash - Beginning of Year   230,582
Supplemental Disclosure of Cash Flow Information:    
Cash Paid During the Period for Interest 384,558 511,328
Cash Paid (Received) During the Period for Income Taxes 111,803 40,058
Supplemental Noncash Investing and Financing Activities:    
Capital Expenditures in Accounts Payable $ 47,425 $ 117,000