XML 27 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Sep. 30, 2013
Stock Options
Sep. 30, 2012
Stock Options
Sep. 30, 2013
Stock Options
Sep. 30, 2012
Stock Options
Feb. 13, 2013
2010 Plan
Equity Appreciation Rights Plan
Mar. 07, 2012
2010 Plan
Equity Appreciation Rights Plan
Sep. 30, 2013
2010 Plan
Equity Appreciation Rights Plan
Mar. 31, 2013
2010 Plan
Equity Appreciation Rights Plan
Sep. 30, 2012
2010 Plan
Equity Appreciation Rights Plan
Sep. 30, 2013
2010 Plan
Equity Appreciation Rights Plan
Sep. 30, 2012
2010 Plan
Equity Appreciation Rights Plan
Dec. 31, 2010
2010 Plan
Equity Appreciation Rights Plan
Dec. 31, 2012
2010 Plan
Equity Appreciation Rights Plan
Nov. 30, 2010
2010 Plan
Equity Appreciation Rights Plan
Maximum
Inventories                                      
Raw materials $ 13,387,802   $ 13,387,802   $ 13,325,525                            
Work in process 3,655,339   3,655,339   2,704,653                            
Finished goods 2,727,809   2,727,809   3,108,839                            
Reserve (1,122,549)   (1,122,549)   (1,474,155)                            
Total 18,648,401   18,648,401   17,664,862                            
Shares                                      
Balance at the beginning of the period(in shares)               288,750                      
Granted (in shares)           0   29,000                      
Cancelled (in shares)               (51,750)                      
Balance at the end of the period (in shares)           266,000   266,000                      
Exercisable at the end of the period (in shares)           237,000   237,000                      
Weighted-Average Exercise Price Per Share                                      
Outstanding at the beginning of the period (in dollars per share)               $ 7.19                      
Granted (in dollars per share)               $ 3.20                      
Cancelled (in dollars per share)               $ 7.23                      
Outstanding at the end of the period (in dollars per share)           $ 6.75   $ 6.75                      
Exercisable at the end of the period (in dollars per share)           $ 7.18   $ 7.18                      
Weighted-Average Remaining Contractual Term                                      
Outstanding at the end of the period               3 years 11 days                      
Exercisable at the end of the period               2 years 3 months                      
Aggregate Intrinsic Value                                      
Outstanding at the end of the period           45,530   45,530                      
Additional disclosures                                      
Weighted-average fair value of options granted (in dollars per share)               $ 1.65                      
Compensation expense           4,444 0 9,945 0     12,262   4,690 49,092 18,695      
Unrecognized compensation related to unvested awards           38,000   38,000                      
Weighted-average period over which unrecognized compensation costs expected to be recognized               2 years 4 months 13 days                      
Equity Appreciation Rights Plan                                      
Number of common shares authorized                                     750,000
Vesting period from the base date                             3 years        
Redemption cash payment period                             90 days        
Shares issued (in units)                                 100,000    
Shares granted (in units)                   350,000 250,000                
Accrued compensation                       64,000     64,000     101,000  
Accrued compensation included in other accrued liabilities                                   86,000  
Accrued compensation included in Other Long-Term Liabilities                                   15,000  
Payment made related to units                         $ 86,817            
Awards exercised (in shares)           0 0 0 0                    
Granted (in shares)           0   29,000                      
Earnings Per Common Share:                                      
Options outstanding included in computation of per-share amounts (in shares) 0 0 0 0