CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 4,480,505	$ 3,407,140
Trade receivables – net	40,844,583	44,549,207
Other receivables	688,251	583,479
Inventories	69,168,442	76,991,059
Income tax receivable	1,243,678	128,699
Deferred income taxes	1,633,353	1,031,818
Prepaid expenses	2,354,107	2,530,517
Total current assets	120,412,919	129,221,919
FIXED ASSETS – net	26,511,493	27,836,527
IDENTIFIED INTANGIBLES	33,415,694	36,547,873
OTHER ASSETS	232,509	258,812
TOTAL ASSETS	180,572,615	193,865,131
CURRENT LIABILITIES:
Accounts payable	11,589,040	9,118,555
Salaries and wages	949,894	442,259
Taxes - other	842,325	533,220
Accrued freight	534,070	427,412
Commissions	446,703	378,191
Accrued duty	1,980,598	2,301,449
Other	1,377,281	1,547,130
Total current liabilities	17,719,911	14,748,216
LONG TERM DEBT	14,584,008	23,700,089
DEFERRED LIABILITIES:
Deferred income taxes	12,999,153	13,000,609
Other deferred liabilities	176,219	295,676
TOTAL LIABILITIES	45,479,291	51,744,590
SHAREHOLDERS' EQUITY:
Common stock, no par value; 25,000,000 shares authorized; outstanding; 2016 - 7,421,455 and 2015 - 7,567,271; and additional paid-in capital	69,291,637	70,882,392
Retained earnings	65,801,687	71,238,149
Total shareholders' equity	135,093,324	142,120,541
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 180,572,615	$ 193,865,131