XML 31 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows From Operating Activities    
Net Income $ 332,858 $ 328,308
Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities    
Depreciation 999,234 1,009,775
Amortization 2,646 2,646
Compensation on Stock-Based Awards 14,963 5,501
Impairment on Assets 1,150 74,003
Deferred Taxes 51,680 3,000
(Gain) Loss on Disposal of Property and Equipment   (107)
Changes in Current Operating Items    
Accounts Receivable 869,595 (1,867,379)
Inventories (1,963,079) (1,111,251)
Prepaid Expenses (76,768) (61,729)
Income Taxes Receivable (107,577) (90,530)
Income Taxes Payable   (60,878)
Accounts Payable 1,641,621 (595,357)
Accrued Payroll and Commissions (375,076) 867,032
Other Accrued Liabilities (63,288) 49,629
Net Cash Provided by (Used in) Operating Activities 1,327,959 (1,447,337)
Cash Flows from Investing Activities    
Proceeds from Sales of Assets   55,910
Purchases of Property and Equipment (1,128,141) (665,195)
Net Cash Used in Investing Activities (1,128,141) (609,285)
Cash Flows from Financing Activities    
Borrowings on Line of Credit 54,795,076  
Repayments on Line of Credit (54,863,663)  
Net Borrowings on Line of Credit   751,175
Proceeds from Long-Term Debt 230,000 1,674,000
Principal Payments on Long-Term Debt (361,231) (368,553)
Net Cash Provided by (Used in) Financing Activities (199,818) 2,056,622
Supplemental Disclosure of Cash Flow Information    
Cash Paid During the Period for Interest 181,981 178,103
Cash Paid During the Period for Income Taxes 237,615 187,300
Supplemental Noncash Investing and Financing Activities    
Capital Expenditures in Accounts Payable $ 25,866 $ 64,322