XML 16 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From Operating Activities    
Net Loss $ (53,951) $ (694,755)
Adjustments to Reconcile Net Loss to Net Cash Provided by Operating Activities    
Depreciation 1,565,716 1,618,791
Amortization 142,991 50,312
Compensation on Stock-Based Awards 994 1,320
Compensation on Equity Appreciation Rights 5,950 (94,652)
Deferred Taxes 33,329 55,685
Loss on Disposal of Property and Equipment 2,473 1,129
Changes in Current Operating Items    
Accounts Receivable 743,068 (1,625,756)
Inventories (1,557,078) (1,729,429)
Prepaid Expenses 323,344 (377,554)
Income Taxes Receivable (207,295) (530,028)
Income Taxes Payable (7,382)  
Accounts Payable 1,857,082 5,238,304
Accrued Payroll and Commissions (595,628) 422,436
Other Accrued Liabilities (378,606) 1,592,378
Net Cash Provided by Operating Activities 1,875,007 3,928,181
Cash Flows from Investing Activities    
Proceeds from Sale of Assets 3,000  
Business Acquisition, Net of Cash Acquired   (1,990,143)
Purchases of Property and Equipment (1,663,821) (1,456,795)
Net Cash Used in Investing Activities (1,660,821) (3,446,938)
Cash Flows from Financing Activities    
Borrowings on Line of Credit 89,714,458 83,642,816
Repayments on Line of Credit (89,192,427) (84,744,548)
Proceeds from Long-Term Debt 466,000 1,358,767
Principal Payments on Long-Term Debt (1,121,624) (755,247)
Debt Issuance Costs   (48,745)
Excess Tax Benefit from Stock-Based Compensation (25,209) 911
Proceeds from Issuance of Common Stock 4,822 10,666
Net Cash Used by Financing Activities (153,980) (535,380)
Net Increase (Decrease) in Cash 60,206 (54,137)
Cash - Beginning 887 66,371
Cash - Ending 61,093 12,234
Supplemental Disclosure of Cash Flow Information    
Cash Paid During the Period for Interest 394,339 320,381
Supplemental Noncash Investing and Financing Activities    
Capital Expenditures in Accounts Payable $ 31,068 $ 13,700