Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
3 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

Note (2) - Earnings Per Share: Basic earnings per share for the three months ended September 30, 2014 and 2013 are computed as follows:

    For the three months ended
September 30,
  2014
(Unaudited)
  2013
(Unaudited)
Net income $ 463,961     $ 425,771  
Weighted average shares outstanding     7,033,732       7,033,732        
Basic and fully diluted earnings per share   $ .07     $ .06  

 

At September 30, 2014, the Company had no outstanding options to purchase shares of the Company's common stock or other dilutive securities.