Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Weighted-average number of shares and earnings per share have been restated in all periods presented as if the new shares had been issued and outstanding at the same time as the original shares.

	Net Income		Weighted Average Number Of Shares Outstanding		Earnings per Share
Nine months ended March 31, 2016	$	6,631,000
Basic				8,454,147	$	0.78
Effect of dilutive stock options				15,585		-
Diluted				8,469,732	$	0.78
Nine months ended March 31, 2015	$	5,370,000
Basic				8,434,894	$	0.64
Effect of dilutive stock options				61,220		(.01	)
Diluted				8,496,114	$	0.63
Three months ended March 31, 2016	$	2,161,000
Basic				8,464,392	$	$ 0.26
Effect of dilutive stock options				19,817		(.01	)
Diluted				8,484,209	$	$ 0.25
Three months ended March 31, 2015	$	1,784,000
Basic				8,441,880	$	$ 0.21
Effect of dilutive stock options				59,166		-
Diluted				8,501,046	$	$ 0.21