Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Jun. 30, 2012
Current assets    
Cash and cash equivalents $ 5,775,499 $ 6,527,940
Accounts and trade notes receivable, net of allowance for doubtful accounts 689,689 1,400,773
Inventories, net 2,681,469 2,371,444
Refundable income taxes 16,966 18,700
Deferred income taxes 123,546 119,463
Lease and mortgage receivables, net 19,705 33,073
Other current assets 630,742 84,225
Total current assets 9,937,616 10,555,618
Leases and mortgages receivable - due after one year 51,980 38,323
Equipment and improvements, net 186,346 185,703
Intangible assets, net 59,299 65,890
Deferred income taxes 19,669 27,063
Total assets 10,254,910 10,872,597
Current liabilities    
Accounts payable and accrued expenses 1,106,557 922,371
Accrued employee expenses 437,880 564,734
Deferred income 10,000 20,000
Customer deposits 4,347,052 1,068,827
Total current liabilities 5,901,489 2,575,932
Total liabilities 5,901,489 2,575,932
Shareholders' equity    
Preferred stock, $1.00 par value; authorized shares - 200,000; none issued and outstanding      
Common stock, $0.025 par value: authorized shares - 15,000,000; 7,065,500, shares issued and outstanding, including shares held in treasury 176,638 176,638
Additional paid-in capital 2,095,069 2,095,069
Retained earnings 2,085,652 6,028,896
Treasury stock, 31,768 shares, at cost (3,938) (3,938)
Total shareholders' equity 4,353,421 8,296,665
Total liabilities and shareholders' equity $ 10,254,910 $ 10,872,597