Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.0.6
Condensed Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Revenues:        
Net sales $ 6,402,634 $ 4,912,820 $ 12,861,285 $ 11,147,320
Development fees, franchise and license fees, commission income and other revenue 43,075 69,430 97,538 142,801
Total revenues 6,445,709 4,982,250 12,958,823 11,290,121
Cost of sales, net 4,929,170 3,748,613 10,044,596 8,536,594
Selling, general and administrative expenses 1,319,574 1,209,766 2,474,839 2,357,251
Total operating expenses 6,248,744 4,958,379 12,519,435 10,893,845
Operating income 196,965 23,871 439,388 396,276
Interest income 5,051 3,407 9,651 7,284
Earnings before provision for income taxes 202,016 27,278 449,039 403,560
Provision for income taxes 76,861 11,882 172,045 154,666
Net earnings $ 125,155 $ 15,396 $ 276,994 $ 248,894
Net earnings per share - basic and diluted $ 0.02 $ 0.01 $ 0.04 $ 0.04
Weighted average number of basic and diluted common shares outstanding 7,033,732 7,033,732 7,033,732 7,033,732