Condensed Consolidated Statements Of (Loss) Income And Comprehensive (Loss) Income - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
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| Condensed Consolidated Statements Of (Loss) Income And Comprehensive (Loss) Income [Abstract] | ||||
| Sales | $ 25,616,640 | $ 32,246,166 | $ 76,594,526 | $ 79,988,763 |
| Costs and expenses: | ||||
| Cost of sales | 18,926,042 | 21,822,331 | 55,759,167 | 56,139,121 |
| Selling, general and administrative expenses | 7,866,009 | 9,992,444 | 27,550,271 | 30,827,158 |
| Pension liability adjustment gains | (4,147,836) | |||
| Total costs and expenses | 26,792,051 | 31,814,775 | 79,161,602 | 86,966,279 |
| Operating (loss) income | (1,175,411) | 431,391 | (2,567,076) | (6,977,516) |
| Other income (expenses): | ||||
| Investment and other income | 19,259 | 105,700 | 119,395 | 172,555 |
| (Loss) Gain on sale of assets | (60,088) | 5,035 | 748,234 | 9,408 |
| Interest and other expense | (44,228) | (27,828) | (94,375) | (102,090) |
| Foreign currency translation loss | (4,238,497) | |||
| Other (expense) income, net | (85,057) | 82,907 | (3,465,243) | 79,873 |
| Loss from operations before income taxes | (1,260,468) | 514,298 | (6,032,319) | (6,897,643) |
| Income tax expense (benefit) | 3,301 | (769,656) | 242,617 | (2,989,951) |
| Net (loss) income | (1,263,769) | 1,283,954 | (6,274,936) | (3,907,692) |
| Other comprehensive income (loss), net of tax: | ||||
| Additional minimum pension liability adjustments | (11,985) | (4,147,836) | (38,783) | |
| Unrealized gain on available-for-sale securities | (2,729) | (1,010) | 35,574 | 48,916 |
| Foreign currency translation adjustment | 15,465 | (130,569) | 4,168,590 | (156,776) |
| Total other comprehensive income (loss) | 12,736 | (143,564) | 56,328 | (146,643) |
| Comprehensive (loss) income | $ (1,251,033) | $ 1,140,390 | $ (6,218,608) | $ (4,054,335) |
| Basic net (loss) income per share: | $ (0.14) | $ 0.15 | $ (0.71) | $ (0.45) |
| Diluted net (loss) income per share: | $ (0.14) | $ 0.15 | $ (0.71) | $ (0.45) |
| Weighted Average Basic Shares Outstanding | 8,849,236 | 8,707,564 | 8,816,042 | 8,692,154 |
| Weighted Average Dilutive Shares Outstanding | 8,849,236 | 8,743,179 | 8,816,042 | 8,692,154 |
| Dividends declared per share | $ 0.04 | $ 0.16 | $ 0.36 | $ 0.48 |
| X | ||||||||||
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Interest and debt related expenses associated with nonoperating financing activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income and dividend income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before tax, after reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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