Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Revenues:        
Net sales $ 4,912,820 $ 5,215,656 $ 11,147,320 $ 9,892,041
Development fees, franchise and license fees, commission income and other revenue 69,430 48,553 142,801 226,218
Total revenues 4,982,250 5,264,209 11,290,121 10,118,259
Cost of sales, net 3,748,613 4,054,065 8,536,594 7,624,931
Selling, general and administrative expenses 1,209,766 1,082,547 2,357,251 2,159,088
Total operating expenses 4,958,379 5,136,612 10,893,845 9,784,019
Operating income 23,871 127,597 396,276 334,240
Interest income 3,407 5,769 7,284 12,066
Earnings before provision for income taxes 27,278 133,366 403,560 346,306
Provision for income taxes 11,882 51,252 154,666 132,240
Net earnings $ 15,396 $ 82,114 $ 248,894 $ 214,066
Net earnings per share - basic and diluted $ 0.01 $ 0.01 $ 0.04 $ 0.03
Weighted average number of basic and diluted common shares outstanding 7,033,732 7,033,732 7,033,732 7,033,732