Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Shareholders' Equity (Unaudited)

v3.19.2
Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - USD ($)
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Cost of Common Stock in Treasury
Balance balance at Dec. 31, 2017 $ 89,700,426 $ 10,300,000 $ 35,193,152 $ 58,129,383 $ (10,864) $ (13,911,245)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 7,512,434     7,512,434 0  
Stock options exercised, net (81,276)   105,907     (187,183)
Issuance of shares of common stock from the treasury 276,000   (218,338)     494,338
Employee stock compensation 416,180   416,180      
Ending balance at Jun. 30, 2018 97,823,764 10,300,000 35,496,901 65,630,953 0 (13,604,090)
Balance balance at Mar. 31, 2018 93,727,790 10,300,000 35,170,444 61,953,682 0 (13,696,336)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 3,677,271     3,677,271    
Stock options exercised, net (81,276)   105,907     (187,183)
Issuance of shares of common stock from the treasury 276,000   (3,429)     279,429
Employee stock compensation 223,979   223,979      
Ending balance at Jun. 30, 2018 97,823,764 10,300,000 35,496,901 65,630,953 0 (13,604,090)
Balance balance at Dec. 31, 2018 102,484,086 10,300,000 36,520,840 68,965,410 0 (13,302,164)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (1,189,260)     (1,189,260)    
Issuance of shares of common stock from the treasury 304,000   (808,301)     1,112,301
Employee stock compensation 852,758   852,758      
Ending balance at Jun. 30, 2019 107,074,084 10,300,000 36,565,297 72,398,650 0 (12,189,863)
Balance balance at Mar. 31, 2019 106,795,803 10,300,000 36,304,160 72,661,388 0 (12,469,745)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (262,738)     (262,738)    
Issuance of shares of common stock from the treasury 304,000   24,118     279,882
Employee stock compensation 237,019   237,019      
Ending balance at Jun. 30, 2019 $ 107,074,084 $ 10,300,000 $ 36,565,297 $ 72,398,650 $ 0 $ (12,189,863)