Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Revenues:    
Net sales $ 30,176,957 $ 33,110,753
Development fees, franchise and license fees, commission income and other revenue 577,613 722,665
Total revenues 30,754,570 33,833,418
Cost of sales, net of discounts 22,806,878 26,038,664
Selling, general and administrative expenses 5,269,247 5,196,045
Total 28,076,125 31,234,709
Operating income 2,678,445 2,598,709
Other income and expense:    
Interest income 4,303 6,016
Earnings before provision for income taxes 2,682,748 2,604,725
Provision for income taxes 1,010,931 984,421
Net earnings $ 1,671,817 $ 1,620,304
Net earnings per share - basic and diluted $ 0.24 $ 0.23
Weighted average number of basic and diluted common shares outstanding 7,033,732 7,033,732