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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
REVENUES        
Product sales - net $ 69 $ 768 $ 508 $ 1,103
Service and repair fees - net 2,314 2,366 6,929 7,074
Service and repair fees - related parties - net 28 27 83 83
Patient fee revenue, net of contractual allowances and discounts 10,163 9,028 28,353 26,509
Provision for bad debts and bad debt expense for patient fee (4,552) (3,979) (12,873) (11,859)
Management and other fees - net 10,670 9,592 30,781 28,216
Management and other fees - related medical practices - net 2,287 2,206 6,699 6,020
Total Revenues - net 20,979 20,008 60,480 57,146
COSTS AND EXPENSES        
Costs related to product sales 173 364 562 543
Costs related to service and repair fees 775 829 2,309 2,168
Costs related to service and repair fees - related parties 9 10 27 25
Costs related to patient fee revenue 2,570 1,744 7,619 6,481
Costs related to management and other fees 5,733 5,122 17,116 15,641
Costs related to management and other fees - related medical practices 1,281 1,122 3,692 3,202
Research and development 503 332 1,258 1,105
Selling, general and administrative 5,533 4,483 12,899 12,617
Total Costs and Expenses 16,577 14,006 45,482 41,782
INCOME        
Income From Operations 4,402 6,002 14,998 15,364
Interest Expense (46) (69) (138) (244)
Investment Income 74 47 179 145
Other (Expense) / Income (8) 2 (15) (1)
Income Before (Provision) / Benefit for Income Taxes and Noncontrolling Interests 4,422 5,982 15,024 15,264
(Provision)/Benefit for Income Taxes (160) 1,140 (920) 1,293
Net Income 4,262 7,122 14,104 16,557
Net Income - Noncontrolling Interests (781) (1,222) (2,715) (2,844)
Net Income - Controlling Interests $ 3,481 $ 5,900 $ 11,389 $ 13,713
Basic Net Income Per Common Share $ 0.55 $ 0.96 $ 1.81 $ 2.23
Weighted Average Basic Shares Outstanding 6,287,000 6,166,000 6,287,000 6,143,000
Common Shares        
INCOME        
Net Income - Controlling Interests $ 3,263 $ 5,526 $ 10,675 $ 12,842
Basic Net Income Per Common Share $ 0.52 $ .9 $ 1.7 $ 2.09
Diluted Net Income Per Common Share $ 0.51 $ 0.88 $ 1.66 $ 2.05
Weighted Average Basic Shares Outstanding 6,287,000 6,166,000 6,287,000 6,143,000
Weighted Average Diluted Shares Outstanding 6,415,000 6,294,000 6,415,000 6,271,000
Preferred Stock Class A        
INCOME        
Net Income - Controlling Interests $ 163 $ 279 $ 532 $ 649
Class C Common Stock        
INCOME        
Net Income - Controlling Interests $ 55 $ 95 $ 182 $ 222
Basic Net Income Per Common Share $ 0.15 $ 0.25 $ 0.48 $ 0.58
Diluted Net Income Per Common Share $ 0.15 $ 0.25 $ 0.48 $ 0.58
Weighted Average Basic Shares Outstanding 383,000 383,000 383,000 383,000
Weighted Average Diluted Shares Outstanding 383,000 383,000 383,000 383,000