XML 28 R56.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Revenues:          
Revenues $ 12,832,863 $ 12,608,181 $ 22,242,092 $ 30,174,561  
Depreciation:          
Depreciation 1,545,166 1,326,757 3,092,511 2,503,759  
Interest expense:          
Interest expense 70,363 32,826 160,396 62,528  
Net income (loss):          
NET INCOME 1,071,370 1,169,959 1,374,165 3,835,119  
Identifiable long-lived tangible assets at June 30, 2012 and December 31, 2011 by segment:          
Identifiable long-lived tangible assets 64,668,749   64,668,749   64,042,079
Identifiable long-lived tangible assets at June 30, 2012 and December 31, 2011 by geographical location:          
Identifiable long-lived tangible assets 64,668,749   64,668,749   64,042,079
Forged Rolled Rings and Related Components [Member]
         
Revenues:          
Revenues 8,208,210 8,706,888 13,793,665 22,124,245  
Depreciation:          
Depreciation 1,215,536 1,092,426 2,432,705 2,106,172  
Interest expense:          
Interest expense 52,563 32,826 130,196 62,528  
Net income (loss):          
NET INCOME 750,036 1,048,738 1,076,705 3,490,411  
Identifiable long-lived tangible assets at June 30, 2012 and December 31, 2011 by segment:          
Identifiable long-lived tangible assets 51,621,902   51,621,902   51,930,395
Dyeing and Finishing Equipment [Member]
         
Revenues:          
Revenues 4,624,653 3,901,293 8,448,427 8,050,316  
Depreciation:          
Depreciation 329,630 234,331 659,806 397,587  
Interest expense:          
Interest expense 17,800    30,200     
Net income (loss):          
NET INCOME 506,797 406,206 916,140 829,648  
Identifiable long-lived tangible assets at June 30, 2012 and December 31, 2011 by segment:          
Identifiable long-lived tangible assets 13,046,847   13,046,847   12,111,684
Other Segment [Member]
         
Net income (loss):          
NET INCOME (185,463) (284,985) (618,680) (484,940)  
China
         
Identifiable long-lived tangible assets at June 30, 2012 and December 31, 2011 by geographical location:          
Identifiable long-lived tangible assets 64,668,749   64,668,749   64,042,079
UNITED STATES
         
Identifiable long-lived tangible assets at June 30, 2012 and December 31, 2011 by geographical location:          
Identifiable long-lived tangible assets