Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v2.4.0.8
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Revenues:        
Net sales $ 6,489,625 $ 6,515,809 $ 24,554,425 $ 19,377,094
Development fees, franchise and license fees, commission income and other revenue 59,868 64,885 323,711 162,423
Total revenues 6,549,493 6,580,694 24,878,136 19,539,517
Cost of sales, net 4,912,869 4,969,931 19,066,438 15,014,527
Selling, general and administrative expenses 1,132,287 1,210,462 3,859,162 3,685,301
Total operating expenses 6,045,156 6,180,393 22,925,600 18,699,828
Operating income 504,337 400,301 1,952,536 839,689
Interest income 1,581 1,877 4,872 11,528
Earnings before provision for income taxes 505,918 402,178 1,957,408 851,217
Provision for income taxes 191,241 152,291 739,654 324,336
Net earnings $ 314,677 $ 249,887 $ 1,217,754 $ 526,881
Net earnings per share - basic and diluted $ 0.04 $ 0.04 $ 0.17 $ 0.07
Weighted average number of basic and diluted common shares outstanding 7,033,732 7,033,732 7,033,732 7,033,732