Provision For Income Taxes (Tables)

9 Months Ended

Sep. 30, 2012

Provision For Income Taxes [Abstract]

Summary Of The Provision For Income Taxes

	For the Nine Months Ended
	September 30,
	2012			2011
Current:
Federal	$	2,318,292		$	1,422,579
State and local		623,348			879,463
Total current		2,941,640			2,302,042
Deferred		( 458,424	)		( 186,677	)
Provision for income taxes	$	2,483,216		$	2,115,365

Reconciliation Of The Provision For Income Taxes At Statutory Rate

	For the Nine Months Ended
	September 30,
	2012					2011
	Amount			Percentage		Amount			Percentage
Federal income tax expense computed at the statutory rate	$	2,390,034			34.0%	$	1,814,484			34.0%
State and local tax expense, net		667,804			9.5%		506,988			9.5%
U.S. domestic manufacturers' discount & other permanent differences		( 368,403	)		(5.2%)		( 146,938	)		(2.8%)
Change in tax estimate		( 206,219	)		(2.9%)		( 59,169	)		(1.1%)
Provision for income taxes	$	2,483,216			35.4%	$	2,115,365			39.6%

Schedule Of Deferred Tax Assets And Liabilities

	September 30,						December 31,
	2012			2011			2011
Non-current deferred tax assets (liabilities) arising from: Temporary differences -
Accumulated depreciation and amortization
from purchase accounting adjustments	$	( 3,279,737	)	$	( 3,584,660	)	$	( 3,671,285	)
Capital loss carry-forwards		167,208			271,568			167,690
Total non-current net deferred tax liabilities		( 3,112,529	)		( 3,313,092	)		( 3,503,595	)
Current deferred tax assets arising from:
Unrealized losses (gain) on investments		( 67,596	)		61,810			6,890
Impairment of investments		0			0			15,673
Inventory		248,633			257,963			220,408
Allowance for doubtful accounts and  discounts		134,850			138,228			4,350
Capital loss carry-back		0			0			91,369
Total current deferred tax assets		315,887			458,001			338,690
Net deferred tax liability	$	( 2,796,642	)	$	( 2,855,091	)	$	( 3,164,905	)