10-Q Filing

CPI AEROSTRUCTURES INC CIK: 889348 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0000889348-12-000032`
Period End Date	20120930
Filing Date	20121109
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	cvu-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 60 Cash Flow Statement 70 Stockholders Equity 29

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per value)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per value)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$823.38K	USD	Point-in-time
Cash	`Cash`	$1.07M	USD	Point-in-time
Cash	`Cash`	$878.20K	USD	Point-in-time
Cash	`Cash`	$353.38K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$4.29M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.86M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	7.08M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	8.35M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted Contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$79.01M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted Contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$96.21M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$257.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	8.35M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	6.95M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$257.00K	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	133,257.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$397.64K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$662.33K	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$106.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$85.09M	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.63M	USD	Point-in-time
Plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.96M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.16M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$112.08K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$108.08K	USD	Point-in-time
Total Assets	`Assets`	$111.02M	USD	Point-in-time
Total Assets	`Assets`	$88.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$994.40K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$405.73K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.72M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$887.38K	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$16.60M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$16.10M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$2.80M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$1.72M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$125.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$125.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.48M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$889.24K	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.58M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$660.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$660.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$575.67K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$457.64K	USD	Point-in-time
Total Liabilities	`Liabilities`	$34.91M	USD	Point-in-time
Total Liabilities	`Liabilities`	$34.29M	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, issued 8,353,469 and 7,079,638 shares, respectively, and outstanding 8,353,469 and 6,946,381 shares, respectively	`CommonStockValueOutstanding`	$7.08K	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, issued 8,353,469 and 7,079,638 shares, respectively, and outstanding 8,353,469 and 6,946,381 shares, respectively	`CommonStockValueOutstanding`	$8.35K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$35.35M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$49.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$27.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.77K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-55.60K	USD	Point-in-time
Treasury stock, 0 and 133,257 shares, respectively (at cost)	`TreasuryStockValue`	$1.14M	USD	Point-in-time
Treasury stock, 0 and 133,257 shares, respectively (at cost)	`TreasuryStockValue`	-	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$51.09M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$54.03M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$76.72M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$44.67M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$88.94M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$111.02M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$21.34M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$16.61M	USD	1 Quarter
Revenue	`SalesRevenueNet`	$50.04M	USD	3 Qtrs
Revenue	`SalesRevenueNet`	$61.92M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$15.54M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$37.78M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$45.38M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$12.44M	USD	1 Quarter
Gross profit	`GrossProfit`	$16.54M	USD	3 Qtrs
Gross profit	`GrossProfit`	$12.26M	USD	3 Qtrs
Gross profit	`GrossProfit`	$4.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$5.80M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.41M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.62M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.53M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.29M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.19M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$6.85M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$2.64M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$11.25M	USD	3 Qtrs
Interest expense	`InterestExpense`	$163.10K	USD	1 Quarter
Interest expense	`InterestExpense`	$111.18K	USD	1 Quarter
Interest expense	`InterestExpense`	$216.33K	USD	3 Qtrs
Interest expense	`InterestExpense`	$486.68K	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.76M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.64M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.53M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.03M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.89M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$726.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.23M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.35M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.74M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$7.41M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.81M	USD	1 Quarter
Change in unrealized gain (loss)- interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.49K	USD	1 Quarter
Change in unrealized gain (loss)- interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$17.00K	USD	3 Qtrs
Change in unrealized gain (loss)- interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-33.83K	USD	3 Qtrs
Change in unrealized gain (loss)- interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$5.73K	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$7.38M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$1.81M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$4.76M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$2.79M	USD	1 Quarter
Income per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.69	USD	3 Qtrs
Income per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.99	USD	3 Qtrs
Income per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	1 Quarter
Income per common share - basic (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Income per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
Income per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Income per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.96	USD	3 Qtrs
Income per common share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.85M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.51M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.92M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.14M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.48M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.16M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.68M	shares	3 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$4.74M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$7.41M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$2.80M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.81M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$458.61K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$380.89K	USD	3 Qtrs
Deferred rent	`DeferredRent`	$-58.75K	USD	3 Qtrs
Deferred rent	`DeferredRent`	$81.33K	USD	3 Qtrs
Bad debts	`IncreaseDecreaseInBadDebts`	-	USD	3 Qtrs
Bad debts	`IncreaseDecreaseInBadDebts`	$-75.00K	USD	3 Qtrs
Stock compensation	`ShareBasedCompensation`	$382.66K	USD	3 Qtrs
Stock compensation	`ShareBasedCompensation`	$963.91K	USD	3 Qtrs
Stock compensation	`ShareBasedCompensation`	$22.00K	USD	1 Quarter
Stock compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Deferred portion of provision for income taxes	`DeferredIncomeTaxExpenseBenefit`	$-194.00K	USD	3 Qtrs
Deferred portion of provision for income taxes	`DeferredIncomeTaxExpenseBenefit`	$-54.00K	USD	3 Qtrs
Tax benefit of stock options	`TaxBenefitFromStockOptionsExercised1`	$-162.00K	USD	3 Qtrs
Tax benefit of stock options	`TaxBenefitFromStockOptionsExercised1`	$-438.00K	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.50M	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.04M	USD	3 Qtrs
Increase in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$17.20M	USD	3 Qtrs
Increase in costs and estimated earnings in excess of billings on uncompleted contracts	`IncreaseDecreaseInUnbilledReceivables`	$18.30M	USD	3 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.66K	USD	3 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-294.14K	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.46M	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.34M	USD	3 Qtrs
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-16.71K	USD	3 Qtrs
Increase (decrease) in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.97M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.68M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.76M	USD	3 Qtrs
Cash used in investing activities - purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$742.90K	USD	3 Qtrs
Cash used in investing activities - purchase of plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$709.11K	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.05M	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$539.29K	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfDebt`	-	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfDebt`	$4.50M	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	$4.50M	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	$11.80M	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$4.00M	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$1.00M	USD	1 Quarter
Payments on line of credit	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$3.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.23M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$251.95K	USD	3 Qtrs
Proceeds from sales of common stock	`ProceedsFromIssuanceOfCommonStock`	$13.32M	USD	3 Qtrs
Proceeds from sales of common stock	`ProceedsFromIssuanceOfCommonStock`	$11.10M	USD	2 Qtrs
Proceeds from sales of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from sales of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.20M	USD	1 Quarter
Tax benefit of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$438.00K	USD	3 Qtrs
Tax benefit of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$162.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.66M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$11.95M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$193.91K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-470.00K	USD	3 Qtrs
Cash at beginning of period	`Cash`	$823.38K	USD	Point-in-time
Cash at beginning of period	`Cash`	$1.07M	USD	Point-in-time
Cash at beginning of period	`Cash`	$878.20K	USD	Point-in-time
Cash at beginning of period	`Cash`	$353.38K	USD	Point-in-time
Cash at end of period	`Cash`	$823.38K	USD	Point-in-time
Cash at end of period	`Cash`	$1.07M	USD	Point-in-time
Cash at end of period	`Cash`	$878.20K	USD	Point-in-time
Cash at end of period	`Cash`	$353.38K	USD	Point-in-time
Equipment acquired under capital lease	`CapitalLeaseObligationsIncurred`	$76.59K	USD	3 Qtrs
Equipment acquired under capital lease	`CapitalLeaseObligationsIncurred`	$575.54K	USD	3 Qtrs
Common stock issued for bonuses	`StockIssuedDuringPeriodValueNewIssues`	$228.29K	USD	3 Qtrs
Common stock issued for bonuses	`StockIssuedDuringPeriodValueNewIssues`	-	USD	3 Qtrs
Interest	`InterestPaid`	$220.20K	USD	3 Qtrs
Interest	`InterestPaid`	$907.71K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$180.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$4.39M	USD	3 Qtrs

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$51.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$54.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$76.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$44.67M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$4.74M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$7.41M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$2.80M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.81M	USD	1 Quarter
Change in unrealized loss from interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.49K	USD	1 Quarter
Change in unrealized loss from interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$17.00K	USD	3 Qtrs
Change in unrealized loss from interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-33.83K	USD	3 Qtrs
Change in unrealized loss from interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$5.73K	USD	1 Quarter
Common stock issued in share offering	`StockIssuedDuringPeriodValueOther`	$13.32M	USD	3 Qtrs
Common stock issued in share offering (in shares)	`StockIssuedDuringPeriodSharesOther`	195,750.00	shares	1 Quarter
Common stock issued in share offering (in shares)	`StockIssuedDuringPeriodSharesOther`	1.00M	shares	2 Qtrs
Common stock issued upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$410.95K	USD	3 Qtrs
Common stock issued upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.22M	USD	3 Qtrs
Common stock issued upon exercise of options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	205,000.00	shares	3 Qtrs
Common stock issued as bonus	`StockIssuedDuringPeriodValueNewIssues`	$228.29K	USD	3 Qtrs
Common stock issued as bonus	`StockIssuedDuringPeriodValueNewIssues`	-	USD	3 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$382.66K	USD	3 Qtrs
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$963.91K	USD	3 Qtrs
Tax benefit from stock option plan	`TaxBenefitFromStockOptionsExercised1`	$-162.00K	USD	3 Qtrs
Tax benefit from stock option plan	`TaxBenefitFromStockOptionsExercised1`	$-438.00K	USD	3 Qtrs
Treasury stock acquired	`TreasuryStockValueAcquiredCostMethod`	$159.00K	USD	3 Qtrs
Balance	`StockholdersEquity`	$51.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$54.03M	USD	Point-in-time
Balance	`StockholdersEquity`	$76.72M	USD	Point-in-time
Balance	`StockholdersEquity`	$44.67M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.