10-Q Filing

R F INDUSTRIES LTD CIK: 740664 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-12-015130`
Period End Date	20120131
Filing Date	20120315
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	rfil-20120131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 99 Income Statement 33 Cash Flow Statement 64 Stockholders Equity 12

Balance Sheet 99 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.61M	USD	Point-in-time
Trade accounts receivable	`AccountsReceivableNetCurrent`	$2.61M	USD	Point-in-time
Trade accounts receivable	`AccountsReceivableNetCurrent`	$2.89M	USD	Point-in-time
Inventories	`InventoryNet`	$6.19M	USD	Point-in-time
Inventories	`InventoryNet`	$6.28M	USD	Point-in-time
Cash and cash equivalents ($420,663 for settlement of VIE obligations at October 31, 2011)	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents ($420,663 for settlement of VIE obligations at October 31, 2011)	`CashAndCashEquivalentsAtCarryingValue`	$1.76M	USD	Point-in-time
Cash and cash equivalents ($420,663 for settlement of VIE obligations at October 31, 2011)	`CashAndCashEquivalentsAtCarryingValue`	$4.73M	USD	Point-in-time
Cash and cash equivalents ($420,663 for settlement of VIE obligations at October 31, 2011)	`CashAndCashEquivalentsAtCarryingValue`	$4.61M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$750.40K	USD	Point-in-time
Certificates of deposit	`TimeDepositsAtCarryingValue`	$4.09M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$511.83K	USD	Point-in-time
Certificates of deposit	`TimeDepositsAtCarryingValue`	$3.09M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $75,353 and $102,736 ($809,120 for settlement of VIE obligations at October 31, 2011)	`AccountsReceivableNetCurrent`	$2.61M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts of $75,353 and $102,736 ($809,120 for settlement of VIE obligations at October 31, 2011)	`AccountsReceivableNetCurrent`	$2.89M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$610.70K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$610.70K	USD	Point-in-time
Inventories ($487,687 for settlement of VIE obligations at October 31, 2011)	`InventoryNet`	$6.19M	USD	Point-in-time
Inventories ($487,687 for settlement of VIE obligations at October 31, 2011)	`InventoryNet`	$6.28M	USD	Point-in-time
Land and building	`LandAndBuildingsGross`	$1.55M	USD	Point-in-time
Equipment and tooling	`MachineryAndEquipmentGross`	$3.13M	USD	Point-in-time
Equipment and tooling	`MachineryAndEquipmentGross`	$2.94M	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$572.64K	USD	Point-in-time
Prepaid income taxes	`PrepaidTaxes`	$549.44K	USD	Point-in-time
Other current assets ($33,263 for settlement of VIE obligations at October 31, 2011)	`OtherAssetsCurrent`	$750.40K	USD	Point-in-time
Furniture and office equipment	`FurnitureAndFixturesGross`	$575.59K	USD	Point-in-time
Other current assets ($33,263 for settlement of VIE obligations at October 31, 2011)	`OtherAssetsCurrent`	$511.83K	USD	Point-in-time
Furniture and office equipment	`FurnitureAndFixturesGross`	$575.59K	USD	Point-in-time
Deferred tax assets ($42,100 for settlement of VIE obligations at October 31, 2011)	`DeferredTaxAssetsNetCurrent`	$610.70K	USD	Point-in-time
Deferred tax assets ($42,100 for settlement of VIE obligations at October 31, 2011)	`DeferredTaxAssetsNetCurrent`	$610.70K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$102.83K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$32.16K	USD	Point-in-time
Mortgages payable	`SecuredDebtCurrent`	$1.39M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$16.41M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$15.77M	USD	Point-in-time
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$102.74K	USD	Point-in-time
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$75.35K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Land and building ($1,548,100 of collateral for VIE obligations at October 31, 2011)	`LandAndBuildingsGross`	$1.55M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.11M	shares	Point-in-time
Equipment and tooling ($305,399 for settlement of VIE obligations at October 31, 2011)	`MachineryAndEquipmentGross`	$3.13M	USD	Point-in-time
Equipment and tooling ($305,399 for settlement of VIE obligations at October 31, 2011)	`MachineryAndEquipmentGross`	$2.94M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	6.93M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.11M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	6.93M	shares	Point-in-time
Furniture and office equipment ($16,150 for settlement of VIE obligations at October 31, 2011)	`FurnitureAndFixturesGross`	$575.59K	USD	Point-in-time
Furniture and office equipment ($16,150 for settlement of VIE obligations at October 31, 2011)	`FurnitureAndFixturesGross`	$575.59K	USD	Point-in-time
Property, Plant and Equipment, Gross, Total	`PropertyPlantAndEquipmentGross`	$3.70M	USD	Point-in-time
Property, Plant and Equipment, Gross, Total	`PropertyPlantAndEquipmentGross`	$5.06M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.62M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.62M	USD	Point-in-time
TOTALS	`PropertyPlantAndEquipmentNet`	$1.08M	USD	Point-in-time
TOTALS	`PropertyPlantAndEquipmentNet`	$2.44M	USD	Point-in-time
Goodwill	`Goodwill`	$3.08M	USD	Point-in-time
Goodwill	`Goodwill`	$3.08M	USD	Point-in-time
Amortizable intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.87M	USD	Point-in-time
Amortizable intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.79M	USD	Point-in-time
Non-amortizable intangible assets	`OtherIntangibleAssetsNet`	$410.00K	USD	Point-in-time
Non-amortizable intangible assets	`OtherIntangibleAssetsNet`	$410.00K	USD	Point-in-time
Note receivable from stockholder	`DueFromOfficersOrStockholdersNoncurrent`	$66.98K	USD	Point-in-time
Note receivable from stockholder	`DueFromOfficersOrStockholdersNoncurrent`	$66.98K	USD	Point-in-time
Other assets ($70,668 for settlement of VIE obligations at October 31, 2011)	`OtherAssetsNoncurrent`	$102.83K	USD	Point-in-time
Other assets ($70,668 for settlement of VIE obligations at October 31, 2011)	`OtherAssetsNoncurrent`	$32.16K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$24.38M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$22.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$521.17K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.19M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.58M	USD	Point-in-time
Mortgages payable ($1,394,230 recourse limited to VIE creditors at October 31, 2011)	`SecuredDebtCurrent`	$1.39M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$3.49M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$2.47M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$1.07M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$1.07M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$125.01K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$132.87K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$4.70M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$3.66M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - authorized 20,000,000 shares of $0.01 par value; 6,929,365 and 7,110,507 shares issued and outstanding	`CommonStockValue`	$69.29K	USD	Point-in-time
Common stock - authorized 20,000,000 shares of $0.01 par value; 6,929,365 and 7,110,507 shares issued and outstanding	`CommonStockValue`	$71.11K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$11.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$11.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.02M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.01M	USD	Point-in-time
Total RF Industries, Ltd. and Subsidiary	`StockholdersEquity`	$18.57M	USD	Point-in-time
Total RF Industries, Ltd. and Subsidiary	`StockholdersEquity`	$19.46M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$213.62K	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.57M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.68M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$24.38M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$22.23M	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$4.14M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$5.56M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$3.06M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$1.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.17M	USD	1 Quarter
Engineering	`ResearchAndDevelopmentExpense`	$296.02K	USD	1 Quarter
Engineering	`ResearchAndDevelopmentExpense`	$290.00K	USD	1 Quarter
Selling and general	`SellingGeneralAndAdministrativeExpense`	$1.35M	USD	1 Quarter
Selling and general	`SellingGeneralAndAdministrativeExpense`	$2.01M	USD	1 Quarter
Totals	`OperatingExpenses`	$1.64M	USD	1 Quarter
Totals	`OperatingExpenses`	$2.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$528.44K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$200.75K	USD	1 Quarter
Other income - interest	`InvestmentIncomeInterest`	$10.49K	USD	1 Quarter
Other income - interest	`InvestmentIncomeInterest`	$18.71K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$219.46K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$538.92K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$187.43K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$104.10K	USD	1 Quarter
Net income attributable to RF Industries, Ltd. and Subsidiary	`NetIncomeLoss`	$115.36K	USD	1 Quarter
Net income attributable to RF Industries, Ltd. and Subsidiary	`NetIncomeLoss`	$351.49K	USD	1 Quarter
Net income attributable to deconsolidation of VIE	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.85K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$351.49K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$117.21K	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	5.90M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	7.00M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.72M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.80M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$351.49K	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$117.21K	USD	1 Quarter
Bad debt (recovery) expense	`ProvisionAndRecoveryForDoubtfulAccounts`	$-9.14K	USD	1 Quarter
Bad debt (recovery) expense	`ProvisionAndRecoveryForDoubtfulAccounts`	$6.66K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$161.62K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$49.96K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$92.61K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$67.19K	USD	1 Quarter
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$55.96K	USD	1 Quarter
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$26.48K	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-4.47K	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$273.35K	USD	1 Quarter
Trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-344.54K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$427.54K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$92.02K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$81.94K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$262.36K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$752.76K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-161.55K	USD	1 Quarter
Income taxes prepaid (payable)	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-97.42K	USD	1 Quarter
Income taxes prepaid (payable)	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$79.16K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-165.09K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-387.13K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-5.23K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-7.86K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$94.58K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-119.99K	USD	1 Quarter
Purchase of certificates of deposit	`PaymentsToAcquireInvestments`	$1.75M	USD	1 Quarter
Maturity of certificates of deposit	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.65M	USD	1 Quarter
Maturity of certificates of deposit	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.84K	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$191.82K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-120.49K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$808.29K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$177.40K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$22.74K	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$787.24K	USD	1 Quarter
Excess tax benefit from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$26.48K	USD	1 Quarter
Excess tax benefit from exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$55.96K	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$5.48K	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$84.81K	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$352.69K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.07M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$119.08K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-163.84K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-121.41K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.76M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.73M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.61M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.76M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.73M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.61M	USD	Point-in-time
Supplemental cash flow information - income taxes paid	`IncomeTaxesPaid`	$320.00K	USD	1 Quarter
Retirement of treasury stock	`RetirementOfTreasuryStock`	$787.24K	USD	1 Quarter
Dividends payable	`DividendsDeclaredAndNotPaid`	$120.30K	USD	1 Quarter
Other current assets	`OtherAssetsCurrent`	$750.40K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$511.83K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.08M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.44M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$102.83K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$32.16K	USD	Point-in-time
Mortgages payable	`SecuredDebtCurrent`	$1.39M	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.57M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.68M	USD	Point-in-time
Net income	`ProfitLoss`	$351.49K	USD	1 Quarter
Net income	`ProfitLoss`	$117.21K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$67.19K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$22.74K	USD	1 Quarter
Excess tax benefit from exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$55.96K	USD	1 Quarter
Deconsolidation of VIE	`NoncontrollingInterestDecreaseFromDeconsolidation`	$234.97K	USD	1 Quarter
Treasury stock purchased and retired	`StockRepurchasedAndRetiredDuringPeriodValue`	$787.24K	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$352.69K	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$18.57M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$19.68M	USD	Point-in-time

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