14. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

14. QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following is a summary of the unaudited quarterly results of operations for the years ended December 31, 2015 and 2014:

	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total Year
2015
Net sales	$	65,451,303	$	68,583,196	$	70,001,496	$	65,266,028	$	269,302,023
Gross margin		21,971,310		22,648,633		22,117,477		22,154,419		88,891,839
Net income		1,413,947		2,002,673		1,803,667		1,382,870		6,603,157
Dividends paid		755,953		831,827		832,073		832,401		3,252,254
Net income per common share:
Basic	$	0.19	$	0.26	$	0.24	$	0.18	$	0.87
Diluted	$	0.19	$	0.26	$	0.24	$	0.18	$	0.87

	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter		Total Year
2014
Net sales	$	65,783,284	$	68,822,520	$	72,729,678	$	78,906,687	$	286,242,169
Gross margin		21,853,149		22,585,662		24,273,792		27,648,122		96,360,725
Net income		723,788		1,511,461		3,138,507		4,471,542		9,845,298
Dividends paid		753,981		754,321		754,665		755,012		3,017,979
Net income per common share:
Basic	$	0.10	$	0.20	$	0.42	$	0.59	$	1.30
Diluted	$	0.10	$	0.20	$	0.42	$	0.59	$	1.30

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