Consolidated Balance Sheets - USD ($)	Dec. 31, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 3,680,776	$ 4,480,505
Trade receivables, net	45,027,002	40,844,583
Other receivables	806,468	688,251
Inventories	65,622,432	69,168,442
Income tax receivable	1,849,237	1,243,678
Prepaid expenses	2,199,648	2,354,107
Total current assets	119,185,563	118,779,566
PROPERTY, PLANT & EQUIPMENT – net	23,781,001	26,511,493
IDENTIFIED INTANGIBLES	30,314,749	33,415,694
OTHER ASSETS	197,977	232,509
TOTAL ASSETS	173,479,290	178,939,262
CURRENT LIABILITIES:
Accounts payable	12,982,535	11,589,040
Accrued expenses:
Salaries and wages	1,754,681	949,894
Taxes - other	599,793	842,325
Accrued freight	770,219	534,070
Commissions	455,845	446,703
Accrued duty	2,160,847	1,980,598
Other	1,301,931	1,377,281
Total current liabilities	20,025,851	17,719,911
LONG TERM DEBT	2,199,423	14,584,008
LONG TERM TAXES PAYABLE	2,286,512
DEFERRED INCOME TAXES	7,726,234	11,365,800
DEFERRED LIABILITIES	148,408	176,219
TOTAL LIABILITIES	32,386,428	43,845,938
SHAREHOLDERS' EQUITY:
25,000,000 shares authorized; issued and outstanding December 31, 2017 - 7,398,654 and December 31, 2016 - 7,421,455	68,973,927	69,291,637
Retained earnings	72,118,935	65,801,687
Total shareholders' equity	141,092,862	135,093,324
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 173,479,290	$ 178,939,262