10-Q Filing

IT TECH PACKAGING, INC. CIK: 1358190 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001144204-13-060505`
Period End Date	20130930
Filing Date	20131112
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	onp-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 64 Cash Flow Statement 85

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$57.64K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$50.54K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.81M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.46M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.59M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.46M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.46M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $50,539 and $57,643 as of September 30, 2013 and December 31, 2012, respectively)	`AccountsReceivableNet`	$2.84M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.46M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $50,539 and $57,643 as of September 30, 2013 and December 31, 2012, respectively)	`AccountsReceivableNet`	$2.48M	USD	Point-in-time
Inventories	`InventoryNet`	$12.57M	USD	Point-in-time
Inventories	`InventoryNet`	$15.10M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$698.60K	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.40M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	-	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$4.12M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$33.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$38.07M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.45M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.49M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$161.65M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentNet`	$122.39M	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	-	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	$3.38M	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsOther`	$814.52K	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsOther`	$941.66K	USD	Point-in-time
Total Assets	`Assets`	$162.85M	USD	Point-in-time
Total Assets	`Assets`	$201.01M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$6.52M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.96M	USD	Point-in-time
Current portion of long-term loan from credit union	`LongTermDebtCurrent`	$4.17M	USD	Point-in-time
Current portion of long-term loan from credit union	`LongTermDebtCurrent`	$1.64M	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$8.25M	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.01M	USD	Point-in-time
Security deposit from related party	`SecurityDepositFromRelatedParty`	-	USD	Point-in-time
Security deposit from related party	`SecurityDepositFromRelatedParty`	$1.08M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	-	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$3.17M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$280.91K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$292.64K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$1.91M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$1.26M	USD	Point-in-time
Income taxes payables	`AccruedIncomeTaxesCurrent`	$1.26M	USD	Point-in-time
Income taxes payables	`AccruedIncomeTaxesCurrent`	$1.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.20M	USD	Point-in-time
Loan from credit union	`OtherLoansPayableLongTerm`	$1.56M	USD	Point-in-time
Loan from credit union	`OtherLoansPayableLongTerm`	$4.25M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$2.38M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$2.32M	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$698.90K	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	-	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	-	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$16.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$44.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$20.08M	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, 18,456,900 and 18,459,775 shares issued and outstanding as of September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$18.46K	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,456,900 and 18,459,775 shares issued and outstanding as of September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$18.46K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$46.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$46.14M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$5.96M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$5.96M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$12.33M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$16.41M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$78.32M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$87.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$142.77M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$156.10M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$201.01M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$162.85M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$90.47M	USD	3 Qtrs
Revenues	`Revenues`	$107.58M	USD	3 Qtrs
Revenues	`Revenues`	$37.65M	USD	1 Quarter
Revenues	`Revenues`	$37.69M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$29.25M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$87.22M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$74.31M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$30.83M	USD	1 Quarter
Gross Profit	`GrossProfit`	$6.82M	USD	1 Quarter
Gross Profit	`GrossProfit`	$8.44M	USD	1 Quarter
Gross Profit	`GrossProfit`	$16.16M	USD	3 Qtrs
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`	$703.88K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$957.03K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.73M	USD	3 Qtrs
Gain from disposal of property, plant and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$84.74K	USD	3 Qtrs
Gain from disposal of property, plant and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$84.74K	USD	1 Quarter
Gain from disposal of property, plant and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$45.24K	USD	1 Quarter
Gain from disposal of property, plant and equipment, net	`GainLossOnSaleOfPropertyPlantEquipment`	$45.24K	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$13.52M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$17.97M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$6.16M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$7.56M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$78.95K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$7.01K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$24.16K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$17.72K	USD	3 Qtrs
Subsidy income	`SubsidyIncome`	-	USD	1 Quarter
Subsidy income	`SubsidyIncome`	$170.65K	USD	1 Quarter
Subsidy income	`SubsidyIncome`	$170.65K	USD	3 Qtrs
Subsidy income	`SubsidyIncome`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	$244.38K	USD	1 Quarter
Interest expense	`InterestExpense`	$723.10K	USD	3 Qtrs
Interest expense	`InterestExpense`	$219.26K	USD	1 Quarter
Interest expense	`InterestExpense`	$644.90K	USD	3 Qtrs
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.04M	USD	3 Qtrs
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.95M	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.34M	USD	3 Qtrs
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.51M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.98M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$4.67M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$3.55M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.67M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.49M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$882.14K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.08M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-263.77K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$498.06K	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$13.17M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$13.58M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$6.42M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$4.12M	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.30	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.51	USD	3 Qtrs
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.24	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.69	USD	3 Qtrs
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	1 Quarter
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	1 Quarter
Weighted Average Number of Shares Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	3 Qtrs

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$12.67M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.49M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.98M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.06M	USD	1 Quarter
Gain from disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$84.74K	USD	3 Qtrs
Gain from disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$84.74K	USD	1 Quarter
Gain from disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$45.24K	USD	1 Quarter
Gain from disposition of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$45.24K	USD	3 Qtrs
Recovery from bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$8.59K	USD	3 Qtrs
Recovery from bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$2.88K	USD	3 Qtrs
(Reversal)/provision of stock-based expense for service received	`ShareBasedCompensation`	$378.06K	USD	3 Qtrs
(Reversal)/provision of stock-based expense for service received	`ShareBasedCompensation`	$-16.16K	USD	3 Qtrs
Gain on sale leaseback realized	`SaleLeasebackTransactionCurrentPeriodGainRecognized`	-	USD	3 Qtrs
Gain on sale leaseback realized	`SaleLeasebackTransactionCurrentPeriodGainRecognized`	$62.80K	USD	3 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-385.17K	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$274.43K	USD	3 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$170.60K	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-385.17K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-441.59K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-149.80K	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.45M	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-789.46K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-2.91M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-965.72K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$54.41K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.64M	USD	3 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$-3.22M	USD	3 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$553.97K	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-71.85K	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-18.34K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$827.13K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$325.36K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-306.70K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$154.98K	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$18.18M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$19.60M	USD	3 Qtrs
Payment for construction in progress	`PaymentForConstructionInProgressExpenditures`	$47.04M	USD	3 Qtrs
Payment for construction in progress	`PaymentForConstructionInProgressExpenditures`	$3.93M	USD	3 Qtrs
Refund of prepayment for purchase of property, plant and equipment	`RefundOfPrepaymentForPurchaseOfPropertyPlantAndEquipment`	$3.11M	USD	3 Qtrs
Refund of prepayment for purchase of property, plant and equipment	`RefundOfPrepaymentForPurchaseOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.58M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$175.42K	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.75M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.02K	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.39M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.50M	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$890.00K	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$953.51K	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$174.12K	USD	1 Quarter
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	$953.51K	USD	3 Qtrs
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	$1.09M	USD	3 Qtrs
Proceeds from bank loans	`ProceedsFromBankDebt`	$9.06M	USD	3 Qtrs
Proceeds from bank loans	`ProceedsFromBankDebt`	$4.35M	USD	3 Qtrs
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceeds`	-	USD	3 Qtrs
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceeds`	$24.15M	USD	3 Qtrs
Repayments of bank loans	`RepaymentsOfBankDebt`	$6.65M	USD	3 Qtrs
Repayments of bank loans	`RepaymentsOfBankDebt`	$2.85M	USD	3 Qtrs
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	3 Qtrs
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$1.36M	USD	3 Qtrs
Release of restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	-	USD	3 Qtrs
Release of restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$1.61M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$461.49K	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$230.75K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$842.15K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$26.59M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$400.61K	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.53K	USD	3 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$671.45K	USD	3 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.05M	USD	3 Qtrs
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.81M	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`	$13.14M	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`	$13.81M	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`	$13.14M	USD	Point-in-time
Cash paid for interest, net of capitalized interest cost	`InterestPaid`	$644.52K	USD	3 Qtrs
Cash paid for interest, net of capitalized interest cost	`InterestPaid`	$417.71K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$3.12M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$5.36M	USD	3 Qtrs

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