Note 9 - Quarterly Results for 2014 and 2015 (Unaudited)

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Quarterly Financial Information [Text Block]

NOTE 9 – Quarterly Results for 2014 and 2015 (Unaudited):

	Quarter Ended
	March 31, 2014		June 30, 2014		September 30, 2014		December 31, 2014
Net sales	$	41,027,000	$	53,230,000	$	52,291,000	$	49,701,000
Gross profit	$	14,056,000	$	19,006,000	$	18,433,000	$	17,242,000
Income before taxes on income	$	1,878,000	$	5,867,000	$	5,168,000	$	4,616,000
Net income	$	1,218,000	$	3,907,000	$	3,368,000	$	2,856,000
Per Share Data:
Basic
Net income	$	0.09	$	0.30	$	0.25	$	0.21
Diluted
Net income	$	0.09	$	0.29	$	0.24	$	0.20
Average Outstanding Shares (Basic)		13,128,946		13,207,804		13,375,566		13,481,494
Average Outstanding Shares (Diluted)		13,553,740		13,648,540		14,004,202		14,252,310

	Quarter Ended
	March 31, 2015		June 30, 2015		September 30, 2015		December 31, 2015
Net sales	$	46,347,000	$	54,116,000	$	56,662,000	$	53,192,000
Gross profit	$	15,796,000	$	18,531,000	$	19,224,000	$	17,882,000
Income before taxes on income	$	3,223,000	$	5,394,000	$	5,581,000	$	4,698,000
Net income	$	2,043,000	$	3,624,000	$	4,031,000	$	3,368,000
Per Share Data:
Basic
Net income	$	0.15	$	0.26	$	0.29	$	0.24
Diluted
Net income	$	0.14	$	0.25	$	0.28	$	0.23
Average Outstanding Shares (Basic)		13,584,922		13,730,646		13,833,561		13,894,907
Average Outstanding Shares (Diluted)		14,548,084		14,577,342		14,585,688		14,603,464