XML 15 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Net sales $ 26,001,346 $ 24,230,056
Cost of goods sold 17,058,774 15,781,489
Gross profit 8,942,572 8,448,567
Operating expenses:    
Selling, general and administrative expenses 7,959,460 7,904,739
Unauthorized transaction related (recoveries) costs, net (1,286,001) 31,027
Other expense (income):    
Interest expense 6,075 12,813
Income before income tax provision 2,263,038 499,988
Income tax provision 874,038 17,375
Net income $ 1,389,000 $ 482,613
Income per common share:    
Basic $ 0.19 $ 0.07
Diluted $ 0.19 $ 0.07