Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
6 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
Earnings Per Share

Note (2) - Earnings Per Share: Basic earnings per share for the six and three months ended December 31, 2011 and 2010 are computed as follows:

 

    For the six months ended
December 31,
    For the three months ended
December 31,
 
    2011
(Unaudited)
    2010
(Unaudited)
    2011
(Unaudited)
    2010
(Unaudited)
 
                         
Net earnings   $ 248,894     $ 214,066     $ 15,396     $ 82,114  
Weighted average shares outstanding     7,033,732       7,033,732       7,033,732       7,033,732  
Basic and fully diluted earnings per share   $ .04     $ .03     $ .01     $ .01  

 

At December 31, 2011, the Company had no outstanding options to purchase shares of the Company’s common stock or other dilutive securities.