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Comprehensive Income (loss)
9 Months Ended
Mar. 31, 2012
Comprehensive Income (loss)  
Comprehensive Income (loss)

Note 11.  Comprehensive Income (loss)

 

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 (loss) and related taxes consisted of the following:

 

 

 

For the Three Months Ended
March 31,

 

For the Nine Months Ended
March 31,

 

 

2012

 

2011

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$ 1,734,352

 

$ (357,802)

 

$ 2,586,020

 

$ 1,608,072

Foreign currency translation adjustments

 

(6,594)

 

(16,120)

 

(41,375)

 

(8,671)

Unrealized holding loss on securities

 

(1,299)

 

(1,690)

 

(3,028)

 

(13,424)

Tax effect

 

520

 

676

 

1,211

 

5,369

 

 

 

 

 

 

 

 

 

Total Other Comprehensive Loss

 

(7,373)

 

(17,134)

 

(43,192)

 

(16,726)

 

 

 

 

 

 

 

 

 

Total Comprehensive Income (loss)

 

$ 1,726,979

 

$ (374,936)

 

$ 2,542,828

 

$ 1,591,346