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Consolidated Statement of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (Loss) $ 3,251,111 $ 1,495,941
Adjustments to reconcile net income (Loss) to net cash provided by operating activities:    
Depreciation and amortization 1,379,422 1,857,590
Loss on disposal of fixed assets   21,552
Stock compensation expense 298,579 71,004
Change in assets and liabilities:    
Receivables 5,044,241 2,366,282
Inventories 471,100 349,052
Other current assets (242,353) (265,791)
Other assets 7,685 6,839
Accounts payable 1,238,002 2,922,946
Accrued and other liabilities (582,941) 409,138
Net cash provided by operating activities 10,864,846 9,234,553
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of fixed assets (1,415,478) (866,152)
Proceeds from sales of fixed assets   6,081
Net cash used in investing activities (1,415,478) (860,071)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facility 156,770 12,563,546
Repayments on revolving credit facility (2,356,193) (21,907,554)
Dividends paid on common stock (814,858) (817,901)
Net cash used in financing activities (3,014,281) (10,161,909)
(DECREASE) INCREASE IN CASH AND CASH 6,435,087 (1,787,427)
CASH AND CASH EQUIVALENTS:    
BEGINNING OF PERIOD 3,680,776 4,480,505
END OF PERIOD $ 10,115,863 $ 2,693,078