Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
6 Months Ended
Dec. 31, 2013
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, 2013 and 2012 are computed as follows:

 

    For the six months ended
December 31,
  For the three months ended
December 31,
    2013
(Unaudited)
  2012
(Unaudited)
  2013
(Unaudited)
  2012
(Unaudited)
                 
Net earnings   $ 903,077     $ 276,994     $ 477,306     $ 125,155  
Weighted average shares outstanding     7,033,732       7,033,732       7,033,732       7,033,732  
Basic and fully diluted earnings per
share
  $ .13     $ .04     $ .07     $ .02  

 

At December 31, 2013, the Company had no outstanding options to purchase shares of the Company’s common stock or other dilutive securities.