CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
|
| CONSOLIDATED STATEMENTS OF OPERATIONS | ||||
| Net Sales | $ 29,718,414 | $ 30,409,064 | $ 87,613,591 | $ 83,750,159 |
| Cost of Goods Sold | 25,932,437 | 27,518,479 | 77,326,346 | 75,563,295 |
| Gross Profit | 3,785,977 | 2,890,585 | 10,287,245 | 8,186,864 |
| Operating Expenses | ||||
| Selling Expenses | 1,122,494 | 1,244,521 | 3,736,319 | 3,918,318 |
| General and Administrative Expenses | 2,473,719 | 1,711,710 | 6,250,150 | 5,019,153 |
| Total Operating Expenses | 3,596,213 | 2,956,231 | 9,986,469 | 8,937,471 |
| Income (Loss) From Operations | 189,764 | (65,646) | 300,776 | (750,607) |
| Other Expense | ||||
| Interest Expense | (139,458) | (133,960) | (410,727) | (341,148) |
| Profit (Loss) Before Income Taxes | 50,306 | (199,606) | (109,951) | (1,091,755) |
| Income Tax Benefit | (13,000) | (76,000) | (56,000) | (397,000) |
| Net Profit (Loss) | $ 63,306 | $ (123,606) | $ (53,951) | $ (694,755) |
| Profit (Loss) Per Common Share: | ||||
| Basic (in dollars per share) | $ 0.02 | $ (0.05) | $ (0.02) | $ (0.25) |
| Weighted Average Number of Common Shares Outstanding - Basic (in shares) | 2,747,832 | 2,746,325 | 2,747,288 | 2,745,568 |
| Diluted (in dollars per share) | $ 0.02 | $ (0.05) | $ (0.02) | $ (0.25) |
| Weighted Average Number of Common Shares Outstanding - Diluted (in shares) | 2,749,944 | 2,746,325 | 2,747,288 | 2,745,568 |