NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2013

Notes to Financial Statements

Earnings Per Share

Earnings Per Share

	Three months ended December 31, 2013						Three months ended December 31, 2012
Basic	Total		Common Stock		Class C Common Stock		Total		Common Stock		Class C Common Stock
Numerator:
Net income available to common stockholders	$	2,143	$	2,003	$	36	$	1,349	$	1,259	$	23
Denominator:
Weighted average shares  outstanding		6,006		6,006		383		5,926		5,926		383
Basic income per common  share	$	0.36	$	0.33	$	0.09	$	0.23	$	0.21	$	0.06
Diluted Denominator:
Weighted average shares outstanding				6,006		383				5,926		383
Stock options				—		—				—		—
Convertible Class C Stock				128		—				128		—
Total Denominator for diluted earnings per share				6,133		383				6,054		383
Diluted income per common share			$	0.33	$	0.09			$	0.21	$	0.06

	Six months ended December 31, 2013						Six months ended December 31, 2012
Basic	Total		Common Stock		Class C Common Stock		Total		Common Stock		Class C Common Stock
Numerator:
Net income available to common stockholders	$	4,580	$	4,280	$	77	$	2,801	$	2,616	$	47
Denominator:
Weighted average shares outstanding		5,992		5,992		383		5,914		5,914		383
Basic income per common share	$	0.76	$	0.71	$	0.20	$	0.47	$	0.44	$	0.12
Diluted Denominator:
Weighted average shares outstanding				5,992		383				5,914		383
Stock options				—		—				—		—
Convertible Class C Stock				128		—				128		—
Total Denominator for diluted earnings per share				6,120		383				6,042		383
Diluted income per common share			$	0.70	$	0.20			$	0.43	$	0.12