Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v2.4.0.8
Consolidated Statements of Operations (USD $)
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Revenues:    
Net sales $ 35,979,673 $ 22,075,970
Development fees, franchise and license fees, commission income and other revenue 246,911 381,119
Total 36,226,584 22,457,089
Cost of sales, net 27,994,178 16,927,685
Selling, general and administrative expenses 5,661,317 4,720,666
Total 33,655,495 21,648,351
Operating income 2,571,089 808,738
Other income and expense:    
Interest income 15,525 19,457
Earnings before provision for income taxes 2,586,614 828,195
Provision for income taxes 979,376 316,506
Net earnings $ 1,607,238 $ 511,689
Net earnings per share - basic and diluted $ 0.23 $ 0.07
Weighted average number of basic and diluted common shares outstanding 7,033,732 7,033,732