Annual report pursuant to Section 13 and 15(d)

Changes in Stockholders Equity

v2.4.0.6
Changes in Stockholders Equity (USD $)
Total
Series A Preferred Stock
Class B Common Stock
Class A Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income
Minority Interest
Balance at Dec. 31, 2008 $ 74,086,255 $ 321 $ 0 $ 1,426 $ 4,346,077 $ 77,975,837 $ (7,538,653) $ (698,753)  
Treasury Stock, Shares at Dec. 31, 2008             4,571,384    
Common Stock, Shares, Outstanding at Dec. 31, 2008     0 14,260,168          
Preferred Stock, Shares Outstanding at Dec. 31, 2008   3,210,000              
Vesting of 2006 stock issuance, shares issued       2,000,000          
Vesting of 2006 stock issuance 2,077,128     200 2,076,928        
Exercise of stock options, net 874,760     174 874,586        
Repuchase of stock, shares             144,500    
Repurchase of stock (874,948)           (874,948)    
Exercise of stock options, shares issued       1,738,000          
Stock-based compensation expense 3,168,721       3,168,721        
Foreign currency translation adjustment 3,530,723             3,530,723  
Net Income 19,907,148         19,907,148      
Balance at Dec. 31, 2009 102,769,787 321 0 1,800 10,466,312 97,882,985 (8,413,601) 2,831,970  
Treasury Stock, Shares at Dec. 31, 2009             4,715,884    
Common Stock, Shares, Outstanding at Dec. 31, 2009     0 17,998,168          
Preferred Stock, Shares Outstanding at Dec. 31, 2009   3,210,000              
Conversion of preferred stock, shares issued   (3,210,000) 18,000,000 1,260,000          
Conversion of preferred stock 0 (321) 1,800 126 (1,605)        
Initial public offering, shares issued       6,000,000          
Initial public offering proceeds, net 53,232,458     600 53,231,858        
Initial public offering allotment, shares issued       342,889          
Initial public offering allotment 3,188,868     34 3,188,834        
Exercise of stock options, net 2,674,764     192 2,674,572        
Repuchase of stock, shares             117,400    
Repurchase of stock (768,970)           (768,970)    
Exercise of stock options, shares issued       1,919,306          
Exercise of warrants 2,026     41 1,985        
Exercise of warrants, shares issued       405,286          
Stock-based compensation expense 4,507,131       4,507,131        
Foreign currency translation adjustment 1,653,430             1,653,430  
Unrealized loss from interest rate hedge, net of tax (933,879)             (933,879)  
Net Income 28,726,116         28,726,116      
Balance at Dec. 31, 2010 195,051,731 0 1,800 2,793 74,069,087 126,609,101 (9,182,571) 3,551,521  
Treasury Stock, Shares at Dec. 31, 2010 4,833,284           4,833,284    
Common Stock, Shares, Outstanding at Dec. 31, 2010     18,000,000 27,925,649          
Preferred Stock, Shares Outstanding at Dec. 31, 2010 0 0              
Exercise of stock options, net 6,407,804     278 6,407,526        
Exercise of stock options, shares issued       2,788,188          
Stock-based compensation expense 5,591,239       5,591,239        
Minority interest 63,614               63,614
Foreign currency translation adjustment (970,884)             (970,884)  
Unrealized loss from interest rate hedge, net of tax (4,448,989)             (4,448,989)  
Net Income 34,726,520         34,726,520      
Balance at Dec. 31, 2011 $ 236,421,035 $ 0 $ 1,800 $ 3,071 $ 86,067,852 $ 161,335,621 $ (9,182,571) $ (1,868,352) $ 63,614
Treasury Stock, Shares at Dec. 31, 2011 4,833,284           4,833,284    
Common Stock, Shares, Outstanding at Dec. 31, 2011     18,000,000 30,713,837          
Preferred Stock, Shares Outstanding at Dec. 31, 2011 0 0