XML 28 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 103,920,222 $ 100,155,864
Investments 18,513,150 6,750,000
Accounts receivable, net of reserves of $133,820 and $146,618 at June 30, 2015 and December 31, 2014, respectively 19,166,116 17,152,028
Inventories $ 11,718,243 12,406,776
Prepaid income taxes   412,301
Current portion deferred income taxes $ 1,459,867 1,188,768
Prepaid expenses and other 947,939 959,305
Total current assets 155,725,537 139,025,042
Property and equipment, at cost 54,671,505 53,619,589
Less: accumulated depreciation (23,148,636) (21,950,706)
Property and equipment, net 31,522,869 31,668,883
Long-term deposits and other 69,016 69,042
Intangible assets, net 13,083,907 14,894,710
Goodwill 7,610,821 8,338,699
Total assets 208,012,150 193,996,376
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 1,657,683 1,201,226
Accrued expenses 4,441,785 4,747,526
Deferred revenue 35,938 $ 24,510
Income taxes payable 1,821,898  
Total current liabilities 7,957,304 $ 5,973,262
Other long-term liabilities 779,666 893,935
Long-term deferred revenue 74,371 102,192
Deferred tax liability $ 8,633,398 8,929,890
Commitments and contingencies (Note 11)    
Stockholders’ equity:    
Preferred stock, $.01 par value; 1,250,000 shares authorized, no shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively $ 0 0
Common stock, $.01 par value; 30,000,000 shares authorized, 15,003,694 and 14,851,703 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively 150,037 148,517
Additional paid-in-capital 80,505,021 77,539,699
Accumulated other comprehensive loss (6,326,442) (4,494,800)
Retained earnings 116,238,795 104,903,681
Total stockholders’ equity 190,567,411 178,097,097
Total Liabilities and Stockholders’ Equity $ 208,012,150 $ 193,996,376