Provision For Income Taxes (Tables)

3 Months Ended

Mar. 31, 2014

Provision For Income Taxes [Abstract]

Summary Of The Provision For Income Taxes

	For the Three Months Ended
	March 31,
	2014		2013
Current:
Federal	$	387,290	$	1,176,711
State and local		144,572		426,571
Total current		531,862		1,603,282
Deferred		(196,401)		(192,090)
Provision for income taxes	$	335,461	$	1,411,192

Reconciliation Of The Provision For Income Taxes At Statutory Rate

	For the Three Months Ended
	March 31,
	2014				2013
	Amount		Percentage		Amount		Percentage
Federal income tax expense computed at the statutory rate	$	338,517		34.0%	$	1,284,123		34.0%
State and local tax expense, net		94,586		9.5%		281,160		7.4%
U.S. domestic manufacturers' deduction & other permanent differences		(97,642)		(9.8%)		(154,091)		(4.0)%
Change in tax estimate		0		0		0		0.0%
Provision for income taxes	$	335,461		33.7%	$	1,411,192		37.4%

Schedule Of Deferred Tax Assets And Liabilities

	March 31,						December 31,
	2014			2013			2013
Non-current deferred tax assets (liabilities) arising from: Temporary differences -
Accumulated depreciation and amortization from purchase accounting adjustments	$	(2,739,704	)	$	(3,017,346	)	$	(2,896,058	)
Capital loss carry-forwards		50,537			108,212			52,632
Total non-current net deferred tax liabilities		(2,689,167	)		(2,909,134	)		(2,843,426	)
Current deferred tax assets arising from:
Unrealized losses (gain) on investments		(11,690	)		(52,952	)		(7,589	)
Inventory		328,300			316,028			307,910
Allowance for doubtful accounts and discounts		43,500			32,625			21,750
Total current deferred tax assets		360,110			295,701			322,071
Net deferred tax liability	$	(2,329,057	)	$	(2,613,433	)	$	(2,521,355	)