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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
REVENUES        
Patient fee revenue, net of contractual allowances and discounts $ 6,410 $ 10,163 $ 17,856 $ 28,353
Provision for bad debts for patient fee (4,552) (12,873)
Patient fee revenue - net 6,410 5,611 17,856 15,480
Product sales - net 796 69 1,241 508
Service and repair fees - net 1,964 2,314 6,116 6,929
Service and repair fees - related parties - net 28 28 83 83
Management and other fees - net 11,191 10,670 32,448 30,781
Management and other fees - related medical practices - net 2,390 2,287 6,965 6,699
Total Revenues - net 22,779 20,979 64,709 60,480
COSTS AND EXPENSES        
Costs related to patient fee revenue 2,740 2,570 8,016 7,619
Costs related to product sales 216 173 539 562
Costs related to service and repair fees 752 775 2,242 2,309
Costs related to service and repair fees - related parties 10 9 30 27
Costs related to management and other fees 5,834 5,733 17,493 17,116
Costs related to management and other fees - related medical practices 1,634 1,281 4,421 3,692
Research and development 381 503 1,368 1,258
Selling, general and administrative 4,604 5,533 12,474 12,899
Total Costs and Expenses 16,171 16,577 46,583 45,482
INCOME        
Income From Operations 6,608 4,402 18,126 14,998
Interest Expense (27) (46) (78) (138)
Investment Income 104 74 336 179
Other Expense (8) (15)
Income Before Provision for Income Taxes and Noncontrolling Interests 6,685 4,422 18,384 15,024
Provision for Income Taxes (1,484) (160) (3,826) (920)
Net Income 5,201 4,262 14,558 14,104
Net Income - Noncontrolling Interests 1,338 781 3,824 2,715
Net Income - Controlling Interests $ 3,863 $ 3,481 $ 10,734 $ 11,389
Basic Net Income Per Common Share $ 0.61 $ 0.55 $ 1.69 $ 1.81
Weighted Average Basic Shares Outstanding - Common Shareholders 6,357,000 6,287,000 6,353,000 6,287,000
Common Shares        
INCOME        
Net Income - Controlling Interests $ 3,623 $ 3,263 $ 10,067 $ 10,675
Basic Net Income Per Common Share $ 0.57 $ 0.52 $ 1.58 $ 1.7
Diluted Net Income Per Common Share $ 0.56 $ 0.51 $ 1.55 $ 1.66
Weighted Average Basic Shares Outstanding - Common Shareholders 6,357,000 6,287,000 6,353,000 6,287,000
Weighted Average Diluted Shares Outstanding - Common Shareholders 6,485,000 6,415,000 6,481,000 6,415,000
Preferred Stock Class A        
INCOME        
Net Income - Controlling Interests $ 179 $ 163 $ 496 $ 532
Class C Common Stock        
INCOME        
Net Income - Controlling Interests $ 61 $ 55 $ 170 $ 182
Basic Net Income Per Common Share $ 0.16 $ 0.15 $ 0.44 $ 0.48
Diluted Net Income Per Common Share $ 0.16 $ 0.15 $ 0.44 $ 0.48
Weighted Average Basic Shares Outstanding - Common Shareholders 383,000 383,000 383,000 383,000
Weighted Average Diluted Shares Outstanding - Common Shareholders 383,000 383,000 383,000 383,000
Weighted Average Basic and Diluted Shares Outstanding - Class C Common 383,000 383,000 383,000 383,000