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Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities:    
Net income $ 3,175,801 $ 3,183,127
Adjustments to reconcile net income to net cash provided by operating activities:    
Excess tax benefits from share-based compensation (17,141) (26,835)
Tax effect of dividends on unallocated ESOP shares 35,204 24,862
Stock-based compensation 97,045 62,416
Depreciation 434,401 445,687
ESOP compensation expense 443,668 457,643
Loss on disposal of assets 147 380
Deferred income tax expense (benefit) 57,735 (66,958)
Changes in assets and liabilities:    
Decrease (increase) in trade receivables, net 1,736,937 (3,499,723)
(Increase) decrease in income tax receivable (329,298) 943,234
Decrease (increase) in inventories, net 852,216 (974,647)
Increase in prepaid expenses and other current assets (7,748) (34,164)
(Decrease) increase in accounts payable (423,325) 248,831
Increase (decrease) in accrued salaries and wages 25,523 (81,602)
Increase (decrease) in vacation accrual 13,928 (2,453)
Decrease in other accrued expenses (352,186) (31,136)
Increase (decrease) in payroll and other taxes withheld 2,271 (6,471)
Increase in income taxes payable 14,424 29,551
Net cash provided by operating activities 5,759,602 671,742
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (284,210) (266,029)
Purchase of investment securities (4,930,146) (3,921,537)
Proceeds from sale/maturity of investment securities 3,514,997 4,668,836
Net cash (used in) provided by investing activities (1,699,359) 481,270
Cash Flows from Financing Activities:    
Dividends on common stock (2,846,690) (1,698,306)
Purchase of treasury stock (355,418) (320,504)
Proceeds from exercise of stock options 296,963 141,477
Excess tax benefits from share-based compensation 17,141 26,835
Net cash used in financing activities (2,888,004) (1,850,498)
Increase (decrease) in cash and short term Investments 1,172,239 (697,486)
Cash and cash equivalents, beginning of the year 8,859,405 9,556,891
Cash and cash equivalents, end of the year 10,031,644 8,859,405
Supplemental Schedule of Cash Flow Information:    
Income taxes paid 1,511,000 384,000
Supplemental Schedule of Non-cash Financing Activities:    
Accrual of dividends $ 590,672