CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY For the Years Ended December 31, 2002, 2001 and 2000 Balance  December 31, 1999 19,121,137 $ 3,824,227 $ 46,918,852 $116,247,609 $ 266,888 $167,257,576 Net income 26,281,086 26,281,086 Other comprehensive income: Foreign currency  translation adjustment (477,186) (477,186) Comprehensive income 25,803,900 Exercise of stock options, including tax benefit  198,609 39,722 1,521,742 1,561,464 Balance December 31, 2000 19,319,746 3,863,949 48,440,594 142,528,695 (210,298) 194,622,940 Net income 1,992,422 1,992,422 Other comprehensive income: Foreign currency  translation adjustments  (2,126,103) (2,126,103) Unrealized loss on cash flow hedge, net of income taxes  of $269,549 (439,730) (439,730) Comprehensive income (573,411) Exercise of stock options, including tax benefit  149,758 29,951 1,769,817 1,799,768 Stock issued in business combination 133,675 26,735 1,470,616 1,497,351 Balance December 31, 2001 19,603,179 3,920,635 51,681,027 144,521,117 (2,776,131) 197,346,648 Net income (loss) (4,705,926) (4,705,926) Other comprehensive income (loss): Minimum pension liability adjustment, net of income taxes of $809,570 (1,320,879) (1,320,879) Foreign currency  translation adjustments  1,361,961 1,361,961 Unrealized loss on cash flow hedge, net of income taxes of $99,064 (161,631) (161,631) Comprehensive loss (4,826,475) Exercise of stock options, including tax benefit  74,261 14,853 866,212 881,065 Change in minority interest ownership 30,974 30,974 Balance December 31, 2002 19,677,440 $3,935,488 $52,547,239 $139,846,165 $(2,896,680) $193,432,212 Common Stock Shares Amount Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income Total  Shareholders’ Equity See Notes to Consolidated Financial Statements.