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NOTE 9 - Business Combinations (Tables)
6 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Consideration and Net Assets for TK2 Equip. Mgmt And Turnkey Service Of NY Acquisition

On June 30, 2016, the Company purchased 100% interest in TK2 Equipment Management, LLC and Turnkey Services of New York, LLC. The consideration and net assets acquired is as follows:

 

Cash Paid  $4,224 
Net assets at Fair Value   2,862 
Goodwill  $1,555 

 

Pro Forma Results Of Operations For TK2 Equip. Mgmt And Turnkey Service Of NY Acquisition

The following unaudited pro forma results of operations for the three and six months ended December 31, 2015 assumes that the above acquisitions (TK2 Equipment Management, LLC and Turnkey Services of New York, LLC.) were made at the beginning of the year prior to acquisition.

 

   Three months ended December 31, 2015
Total Revenues – Net   18,369 
Net Income - Controlling Interests   3,584 
Net Income Available to Common Stockholders   3,350 
Net Income Available to Class A Non-Voting   Preferred Stockholders   174 
Net Income Available to Class C Common Stockholders   60 
Basic Net Income Per Common Share Available to Common Stockholders   0.55 
Diluted Net Income Per Common Share Available to Common Stockholders   0.54 
Basic and Diluted Income Per Share - Common C   0.16 
Weighted Average Basic Shares Outstanding   6,051 
Weighted Average Diluted Shares Outstanding   6,179 
Weighted Average Basic and Diluted Shares Outstanding - Class C Common   383 

 

 

   Six months ended December 31, 2015
Total Revenues – Net   35,980 
Net Income - Controlling Interests   6,536 
Net Income Available to Common Stockholders   6,112 
Net Income Available to Class A Non-Voting   Preferred Stockholders   316 
Net Income Available to Class C Common Stockholders   108 
Basic Net Income Per Common Share Available to Common Stockholders   1.01 
Diluted Net Income Per Common Share Available to Common Stockholders   0.99 
Basic and Diluted Income Per Share - Common C   0.28 
Weighted Average Basic Shares Outstanding   6,051 
Weighted Average Diluted Shares Outstanding   6,179 
Weighted Average Basic and Diluted Shares Outstanding - Class C Common   383