Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Condensed Consolidated Statements of Operations [Abstract]        
Net sales $ 8,604,796 $ 6,758,533 $ 14,772,933 $ 15,803,038
Development fees, franchise and license fees, commission income and other revenue 21,105 166,612 90,168 205,801
Total revenues 8,625,901 6,925,145 14,863,101 16,008,839
Cost of sales, net of discounts 6,734,405 4,838,294 11,537,523 11,835,432
Selling, general and administrative expenses 1,283,693 1,310,071 2,465,981 2,653,628
Total operating expenses 8,018,098 6,148,365 14,003,504 14,489,060
Operating income 607,803 776,780 859,597 1,519,779
Interest income 681 1,115 1,310 2,172
Earnings before provision for income taxes 608,484 777,895 860,907 1,521,951
Provision for income taxes 229,311 293,483 324,702 573,578
Net earnings $ 379,173 $ 484,412 $ 536,205 $ 948,373
Net earnings per share - basic and diluted $ 0.05 $ 0.07 $ 0.08 $ 0.13
Weighted average number of basic and diluted common shares outstanding 7,033,732 7,033,732 7,033,732 7,033,732