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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 46,624,000 $ 44,025,000
Cost of goods sold, excluding depreciation and amortization 28,913,000 26,573,000
Gross profit 17,711,000 17,452,000
Operating expenses:    
Selling, general and administrative 13,312,000 13,955,000
Depreciation and amortization 525,000 571,000
Total operating expenses 13,837,000 14,526,000
Income from operations 3,874,000 2,926,000
Other income (expense):    
Equity in income of unconsolidated affiliate 587,000 355,000
Gain on sale of property 385,000
Losses from marketable securities (50,000)
Interest income, net 3,000 4,000
Total other income, net 540,000 744,000
Income before provision for income taxes 4,414,000 3,670,000
Provision for income taxes 789,000 1,037,000
Net income $ 3,625,000 $ 2,633,000
Basic earnings per common share (in dollars per share) $ 0.26 $ 0.18
Diluted earnings per common share (in dollars per share) $ 0.26 $ 0.18
Basic weighted average common shares outstanding (in shares) 13,909,688 14,825,600
Diluted weighted average common shares outstanding (in shares) 13,962,819 14,993,009