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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From Operating Activities    
Net Income (Loss) $ (457,985) $ (524,457)
Adjustments to reconcile net income (loss) to net cash from operating activities    
Depreciation and amortization 1,663,525 1,701,213
Deferred income taxes and investment tax credits 1,112,913 660,622
Change in cash surrender value of officer's life insurance (12,690) 22,275
Share-based compensation 264,004 245,987
Excess tax benefit (deficiency) from share-based compensation, Operating Activities (42,603) 5,508
Increase in assets (5,704,235) (4,289,597)
Increase (Decrease) in liabilities 601,609 (737,332)
Net cash provided by operating activities (2,490,256) (2,926,797)
Cash Flows From Investing Activities    
Capital expenditures (2,289,241) (2,125,746)
Proceeds from sale of property, plant and equipment 40,965 133,571
Net cash used in investing activities (2,248,276) (1,992,175)
Cash Flows From Financing Activities    
Dividends on common shares (1,476,423) (1,453,344)
Issuance of common shares 141,096 147,731
Payment of tax withholdings on share-based compensation (266,005) (240,900)
Net cash used in financing activities (1,601,332) (1,546,513)
Net Decrease in Cash and Cash Equivalents (6,339,864) (6,465,485)
Cash and Cash Equivalents, Beginning of Period 18,606,567 16,924,278
Cash and Cash Equivalents, End of Period $ 12,266,703 $ 10,458,793