Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
3 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share

Note (2) - Earnings Per Share: Basic earnings per share for the three months ended September 30, 2013 and 2012 are computed as follows:

    For the three months ended
September 30,
    2013
(Unaudited)
  2012
(Unaudited)
Net income   $ 425,771     $ 151,839  
Weighted average shares outstanding     7,033,732       7,033,732  
Basic and fully diluted earnings per share   $ .06     $ .02  

 

At September 30, 2013, the Company had no outstanding options to purchase shares of the Company’s common stock or other dilutive securities.