10-Q Filing

IT TECH PACKAGING, INC. CIK: 1358190 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-12-060452`
Period End Date	20120930
Filing Date	20121108
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	onp-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 60 Cash Flow Statement 74 Stockholders Equity 18

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$76.75K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$74.19K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.95M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.46M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $74,187 and $76,752 as of September 30, 2012 and December 31, 2011, respectively)	`AccountsReceivableNet`	$3.69M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $74,187 and $76,752 as of September 30, 2012 and December 31, 2011, respectively)	`AccountsReceivableNet`	$3.82M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.35M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.35M	shares	Point-in-time
Inventories	`InventoryNet`	$9.08M	USD	Point-in-time
Inventories	`InventoryNet`	$10.01M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.46M	shares	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.30M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$30.29M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$7.24M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	-	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$127.34M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$114.65M	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsOther`	$384.65K	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsOther`	-	USD	Point-in-time
Total Assets	`Assets`	$144.96M	USD	Point-in-time
Total Assets	`Assets`	$135.58M	USD	Point-in-time
Total Assets	`Assets`	$158.02M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$2.83M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$4.35M	USD	Point-in-time
Current portion of long-term loans from credit union	`LongTermDebtCurrent`	$4.16M	USD	Point-in-time
Current portion of long-term loans from credit union	`LongTermDebtCurrent`	-	USD	Point-in-time
Loan from related parties	`DueToRelatedPartiesCurrent`	$2.31M	USD	Point-in-time
Loan from related parties	`DueToRelatedPartiesCurrent`	$2.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.14M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$553.23K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	-	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$308.29K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$237.41K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$1.59M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$1.67M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.74M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.85M	USD	Point-in-time
Loan agreement amount	`OtherLoansPayableLongTerm`	$1.56M	USD	Point-in-time
Loan agreement amount	`OtherLoansPayableLongTerm`	$5.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.41M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.43M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,459,775 and 18,350,191 shares issued and outstanding as of September 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$18.35K	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,459,775 and 18,350,191 shares issued and outstanding as of September 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$18.46K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$46.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$45.76M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$5.86M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$5.86M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.44M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$64.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$76.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$140.61M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$127.53M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$158.02M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$144.96M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$37.65M	USD	1 Quarter
Revenues	`Revenues`	$37.07M	USD	1 Quarter
Revenues	`Revenues`	$111.83M	USD	3 Qtrs
Revenues	`Revenues`	$107.58M	USD	3 Qtrs
Cost of Sales	`CostOfGoodsSold`	$30.83M	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$87.22M	USD	3 Qtrs
Cost of Sales	`CostOfGoodsSold`	$29.08M	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$87.26M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$24.58M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$7.99M	USD	1 Quarter
Gross Profit	`GrossProfit`	$6.82M	USD	1 Quarter
Gross Profit	`GrossProfit`	$20.36M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.43M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$461.31K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$703.88K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.04M	USD	3 Qtrs
Gain (Loss) from disposal of property, plant and equipment	`GainLossOnDispositionOfProperty`	$-69.63K	USD	3 Qtrs
Gain (Loss) from disposal of property, plant and equipment	`GainLossOnDispositionOfProperty`	$-460.00	USD	1 Quarter
Gain (Loss) from disposal of property, plant and equipment	`GainLossOnDispositionOfProperty`	$45.24K	USD	3 Qtrs
Gain (Loss) from disposal of property, plant and equipment	`GainLossOnDispositionOfProperty`	$45.24K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$7.53M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$22.46M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$6.16M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$17.97M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.01K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$31.30K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$17.72K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.05K	USD	1 Quarter
Interest expense	`InterestExpense`	$219.26K	USD	1 Quarter
Interest expense	`InterestExpense`	$489.80K	USD	3 Qtrs
Interest expense	`InterestExpense`	$222.74K	USD	1 Quarter
Interest expense	`InterestExpense`	$644.90K	USD	3 Qtrs
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.34M	USD	3 Qtrs
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.01M	USD	3 Qtrs
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.95M	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.32M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$5.86M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$4.67M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.57M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.88M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$4.38M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$16.15M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$12.67M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$5.43M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$498.06K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.16M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-263.77K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.62M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$6.59M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$19.76M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$13.17M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$4.12M	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.69	USD	3 Qtrs
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.30	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.88	USD	3 Qtrs
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.24	USD	1 Quarter
Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	1 Quarter
Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	3 Qtrs
Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.35M	shares	3 Qtrs
Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.35M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.67M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.43M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.12M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.31M	USD	3 Qtrs
(Gain)/loss from disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-69.63K	USD	3 Qtrs
(Gain)/loss from disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$45.24K	USD	3 Qtrs
(Recovery from)/allowance for bad debts	`ProvisionAndRecoveryForDoubtfulAccounts`	$12.18K	USD	3 Qtrs
(Recovery from)/allowance for bad debts	`ProvisionAndRecoveryForDoubtfulAccounts`	$-2.88K	USD	3 Qtrs
Stock-based expense for service received	`ShareBasedCompensation`	$378.06K	USD	3 Qtrs
Stock-based expense for service received	`ShareBasedCompensation`	$30.37K	USD	3 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-385.17K	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-385.17K	USD	3 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$294.49K	USD	3 Qtrs
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$-149.80K	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-789.46K	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$112.10K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-965.72K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.92M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.64M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-278.87K	USD	3 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	-	USD	3 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$553.97K	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$49.84K	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-71.85K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$325.36K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.03M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-306.70K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-95.53K	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$19.60M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$21.73M	USD	3 Qtrs
Prepayment/deposit for purchase of property, plant and equipment	`PaymentsForProceedsFromOtherInvestingActivities`	$3.93M	USD	3 Qtrs
Prepayment/deposit for purchase of property, plant and equipment	`PaymentsForProceedsFromOtherInvestingActivities`	$133.31K	USD	3 Qtrs
Refund of prepayment for purchase of property, plant and equipment	`ProceedsFromOtherInvestingActivities`	$3.11M	USD	3 Qtrs
Refund of prepayment for purchase of property, plant and equipment	`ProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.39M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.75M	USD	3 Qtrs
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$748.00	USD	3 Qtrs
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$175.42K	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.39M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-29.52M	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$890.00K	USD	3 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$2.08M	USD	3 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$1.09M	USD	3 Qtrs
Proceeds from bank loans	`ProceedsFromBankDebt`	$4.35M	USD	3 Qtrs
Proceeds from bank loans	`ProceedsFromBankDebt`	$8.35M	USD	3 Qtrs
Repayments of bank loans	`RepaymentsOfBankDebt`	$2.85M	USD	3 Qtrs
Repayments of bank loans	`RepaymentsOfBankDebt`	$4.98M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$461.49K	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	-	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$842.15K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.29M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$103.21K	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.53K	USD	3 Qtrs
Net Increase/(Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.40M	USD	3 Qtrs
Net Increase/(Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.05M	USD	3 Qtrs
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$11.35M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.22M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.95M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$11.35M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.22M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.95M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$417.71K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$512.75K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$5.36M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$5.96M	USD	3 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$140.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$127.53M	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	18.35M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	18.46M	shares	Point-in-time
Issuance of shares to officer and directors	`StockIssuedDuringPeriodValueOther`	$378.06K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$498.06K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.16M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-263.77K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.62M	USD	3 Qtrs
Cash dividend paid	`DividendsCommonStockCash`	$-461.49K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.67M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.43M	USD	1 Quarter
Balance	`StockholdersEquity`	$140.61M	USD	Point-in-time
Balance	`StockholdersEquity`	$127.53M	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	18.35M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	18.46M	shares	Point-in-time

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