XML 37 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows From Operating Activities    
Net Income (Loss) $ (571,149) $ 332,858
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by (Used In) Operating Activities    
Depreciation 1,062,951 999,234
Amortization 2,646 2,646
Compensation on Stock-Based Awards (669) 14,963
Compensation on Equity Appreciation Rights (58,310)  
Deferred Taxes 1,129 1,150
(Gain) Loss on Disposal of Property and Equipment   51,680
Change in Current Operating Items    
Accounts Receivable 710,817 869,595
Inventories (2,076,663) (1,963,079)
Prepaid Expenses (491,585) (76,768)
Income Taxes Receivable (376,870) (107,577)
Accounts Payable 1,998,289 1,641,621
Accrued Payroll and Commissions (353,581) (375,076)
Other Accrued Liabilities 16,225 (63,288)
Net Cash Provided by (Used In) Operating Activities (136,770) 1,327,959
Cash Flows from Investing Activities    
Purchases of Property and Equipment (1,214,489) (1,128,141)
Net Cash Used in Investing Activities (1,214,489) (1,128,141)
Cash Flows from Financing Activities    
Borrowings on Line of Credit 56,462,817 54,795,076
Repayments on Line of Credit (55,989,959) (54,863,663)
Proceeds from Long-Term Debt 1,352,159 230,000
Principal Payments on Long-Term Debt (427,752) (361,231)
Debt Issuance Costs (54,838)  
Excess Tax Benefit from Stock-Based Compensation 911  
Proceeds from Issuance of Common Stock 10,333  
Net Cash Provided by Financing Activities 1,353,671 (199,818)
Net Increase in Cash 2,412  
Cash - Beginning 66,371  
Cash - Ending 68,783  
Supplemental Disclosure of Cash Flow Information    
Cash Paid During the Period for Interest 200,645 181,981
Cash Paid During the Period for Income Taxes   237,615
Supplemental Noncash Investing and Financing Activities    
Capital Expenditures in Accounts Payable $ 19,604 $ 25,866