XML 25 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows from Operating Activities:  
Net income$ 749,518$ 1,265,693
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation71,45875,052
Net recognized loss on disposal of fixed assets 110,965
Net recognized loss on securities2,675 
Provision for deferred taxes(285,600)43,914
Stock bonuses150,213 
Stock-based compensation expense9,6609,457
Changes in operating assets and liabilities:  
Accounts receivable660,29920,295
Prepaid expenses214,475167,954
Trading securities591,561(455,145)
Accounts payable and accrued expenses(365,063)41,669
Total adjustments1,049,67814,161
Net cash provided by operating activities1,799,1961,279,854
Cash Flows from Investing Activities:  
Purchase of property and equipment (24,616)
Purchase of available-for-sale securities(2,332)(21,045)
Return of capital on investment 7,327
Net cash used in investing activities(2,332)(38,334)
Cash Flows from Financing Activities:  
Issuance of common stock44,69547,516
Dividends paid(925,366)(921,872)
Net cash used in financing activities(880,671)(874,356)
Net increase in cash and cash equivalents916,193367,164
Beginning cash and cash equivalents27,207,89623,837,479
Ending cash and cash equivalents28,124,08924,204,643
Supplemental Disclosures of Cash Flow Information  
Cash paid for income taxes $ 275,000