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Consolidated Statements Of Income And Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Consolidated Statements Of Income And Comprehensive Income        
Gross sales $ 33,519,071 $ 32,704,435 $ 102,913,996 $ 97,359,630
Less: discounts and promotional allowances (3,920,406) (2,594,213) (13,872,019) (8,552,286)
Net sales 29,598,665 30,110,222 89,041,977 88,807,344
Cost of goods sold 19,929,639 21,697,954 62,778,735 64,812,489
Depreciation expense 613,830 610,966 1,808,988 2,022,204
Total cost of goods sold 20,543,469 22,308,920 64,587,723 66,834,693
Gross profit 9,055,196 7,801,302 24,454,254 21,972,651
Selling expenses 2,706,375 2,804,127 9,486,177 9,977,636
General and administrative 4,117,811 2,627,566 10,919,862 7,115,393
Amortization expense 178,919 178,919 536,758 536,758
Total operating expenses 7,003,105 5,610,612 20,942,797 17,629,787
Income from operations 2,052,091 2,190,690 3,511,457 4,342,864
Other income (expense):        
Interest and dividend income 25,259 22,739 86,477 86,664
Rental income 1,800 1,201 5,400 2,900
Interest expense (55,698) (62,084) (179,468) (194,377)
(Loss)/Gain on sale of investments, net reclassified from OCI 839 (22,940) (21,098) 39,190
Gain on sale of property and equipment 200 $ 85,077 243,283 8,592
Other income (expense), net (205,000) (303,796) 1,674
Total other income (expense) (232,600) $ 23,993 (169,202) (55,357)
Income before provision for income taxes 1,819,491 2,214,683 3,342,255 4,287,507
Provision for income taxes 926,639 1,201,005 1,696,772 2,307,234
Net income $ 892,852 $ 1,013,678 $ 1,645,483 $ 1,980,273
Basic and diluted earnings per common share $ 0.05 $ 0.06 $ 0.1 $ 0.12
Weighted average number of common shares outstanding 16,346,017 16,346,017 16,346,017 16,346,017
COMPREHENSIVE INCOME        
Net income $ 892,852 $ 1,013,678 $ 1,645,483 $ 1,980,273
Other comprehensive income (loss), net of tax:        
Unrealized gains (losses) on investments (net of tax) (183,170) (93,679) (247,645) (22,524)
Less reclassification adjustment for (gains) losses and other than temporary impairments included in net income (net of taxes) 124,395 13,702 247,210 (23,408)
Comprehensive income $ 834,047 $ 933,701 $ 1,645,048 $ 1,934,341