XML 44 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE (Tables)
9 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Computation for Basic and Diluted Earning Per Share
The following table sets forth the computation for basic and diluted EPS:
 
 
Nine Months Ended March 31,
 
Three Months Ended March 31,
 
 
2014
 
2013
 
2014
 
2013
Income (loss) from continuing operations
 
$
(992,505
)
 
$
386,398

 
$
(26,063
)
 
$
115,627

Loss from discontinued operations
 
(238,094
)
 
(130,446
)
 
(1,916
)
 
(74,460
)
Net income (loss)
 
$
(1,230,599
)
 
$
255,952

 
$
(27,979
)
 
$
41,167

Weighted average number of outstanding shares
 
 
 
 
 
 
Basic
 
15,466,280

 
15,484,371

 
15,454,932

 
15,490,020

Effect of dilutive securities
 
 
 
 
 
 
 
 
Employee stock options
 

 

 

 

Diluted
 
15,466,280

 
15,484,371

 
15,454,932

 
15,490,020

Earnings (loss) per share
 
 
 
 
 
 
 
 
Basic
 
 
 
 
 
 
 
 
   Income (loss) from continuing operations
 
$
(0.06
)
 
$
0.02

 
$

 
$
0.01

   Loss from discontinued operations
 
(0.02
)
 
0.00

 

 
(0.01
)
   Net income (loss)
 
$
(0.08
)
 
$
0.02

 
$

 
$

Diluted
 
 
 
 
 
 
 
 
   Income (loss) from continuing operations
 
$
(0.06
)
 
$
0.02

 
$

 
$
0.01

   Loss from discontinued operations
 
(0.02
)
 
0.00

 

 
(0.01
)
   Net income (loss)
 
$
(0.08
)
 
$
0.02

 
$

 
$