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Comprehensive Income
6 Months Ended
Dec. 31, 2011
Comprehensive Income  
Comprehensive Income

Note 11.  Comprehensive Income

 

The Company’s other comprehensive (loss) income is comprised of unrealized losses on investment securities classified as available-for-sale as well as foreign currency translation adjustments.  There is no other comprehensive income (loss) attributable to the noncontrolling interest.

 

The components of comprehensive income and related taxes consisted of the following:

 

 

 

 

For the Three Months Ended
December 31,

 

 

For the Six Months Ended
December 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2011

 

 

2010

 

 

2011

 

 

2010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

629,595

 

 

$

2,359,996

 

 

$

851,668

 

 

$

1,965,874

 

Foreign currency translation adjustments

 

(31,964

)

 

(6,206

)

 

(34,781

)

 

7,449

 

Unrealized holding loss on securities

 

(672

)

 

(2,136

)

 

(1,729

)

 

(11,734

)

Tax effect

 

268

 

 

854

 

 

691

 

 

4,693

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Other Comprehensive (Loss) Income

 

(32,368

)

 

(7,488

)

 

(35,819

)

 

408

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Comprehensive Income

 

$

597,227

 

 

$

2,352,508

 

 

$

815,849

 

 

$

1,966,282