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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 4,215,617 $ 4,022,579
Trade receivables – net 49,069,668 44,555,057
Other receivables 325,888 575,984
Inventories 78,171,670 67,196,245
Income tax receivable 242,228  
Deferred income taxes 1,104,050 1,252,030
Prepaid expenses 2,529,407 2,127,726
Total current assets 135,658,528 119,729,621
FIXED ASSETS – net 26,205,080 24,252,465
IDENTIFIED INTANGIBLES 36,807,099 30,498,802
OTHER ASSETS 354,051 363,527
TOTAL ASSETS 199,024,758 174,844,415
CURRENT LIABILITIES:    
Accounts payable 11,486,473 9,930,518
Salaries and wages 659,002 592,568
Taxes - other 901,116 704,064
Accrued freight 1,143,848 857,991
Commissions 698,435 711,459
Accrued duty 1,444,369  
Income taxes payable   335,210
Other 1,083,196 1,162,650
Total current liabilities 17,416,439 14,294,460
LONG TERM DEBT 38,388,198 23,461,340
DEFERRED LIABILITIES:    
Deferred income taxes 11,750,718 11,148,333
Other deferred liabilities 255,906 303,406
TOTAL LIABILITIES 67,811,261 49,207,539
SHAREHOLDERS' EQUITY:    
Common stock, no par value; 25,000,000 shares authorized; outstanding; 2013 - 7,536,448 and 2012 - 7,503,568; and additional paid-in capital 70,153,570 69,694,770
Retained earnings 61,059,927 55,942,106
Total shareholders' equity 131,213,497 125,636,876
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 199,024,758 $ 174,844,415