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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Net sales:        
Equipment revenues $ 20,045,000 $ 20,685,000 $ 40,966,000 $ 40,275,000
Services 5,784,000 4,144,000 11,148,000 7,930,000
Total Revenues 25,829,000 24,829,000 52,114,000 48,205,000
Cost of sales:        
Equipment related expenses 12,602,000 13,203,000 26,240,000 26,210,000
Service related expenses 1,100,000 955,000 2,229,000 1,765,000
Cost of sales 13,702,000 14,158,000 28,469,000 27,975,000
Gross Profit 12,127,000 10,671,000 23,645,000 20,230,000
Research and development 1,823,000 1,762,000 3,572,000 3,507,000
Selling, general, and administrative expenses 6,310,000 5,615,000 12,470,000 11,670,000
Operating Income 3,994,000 3,294,000 7,603,000 5,053,000
Other (income) expense:        
Interest (income) expense, net (9,000) 6,000 (2,000) 13,000
Income before Provision for Income Taxes 4,003,000 3,288,000 7,605,000 5,040,000
Provision for Income Taxes 431,000 419,000 800,000 667,000
Net Income $ 3,572,000 $ 2,869,000 $ 6,805,000 $ 4,373,000
Income per share:        
Basic (in dollars per share) $ 0.19 $ 0.15 $ 0.37 $ 0.23
Diluted (in dollars per share) $ 0.19 $ 0.15 $ 0.37 $ 0.23
Weighted average number of shares outstanding:        
Basic (per share) 18,478,000 18,603,000 18,478,000 18,665,000
Diluted (per share) 18,538,000 18,649,000 18,537,000 18,713,000