EARNINGS PER SHARE (Tables)

9 Months Ended

Mar. 31, 2013

Computation for Basic and Diluted Earnings Per Share

The following table sets forth the computation for basic and diluted EPS:

	Nine Months Ended March 31,
	2013		2012
Net income	$	255,952	$	1,646,038
Weighted average number of outstanding shares
Basic		15,484,371		15,436,601
Effect of dilutive securities
Employee stock options		-		358
Diluted		15,484,371		15,436,959
Earnings per share
Basic	$	0.02	$	0.11
Diluted	$	0.02	$	0.11

	Three Months Ended March 31,
	2013		2012
Net income	$	41,167	$	487,138
Weighted average number of outstanding shares
Basic		15,490,020		15,448,100
Effect of dilutive securities
Employee stock options		-		418
Diluted		15,490,020		15,448,518
Earnings per share
Basic	$	0.00	$	0.03
Diluted	$	0.00	$	0.03