Nature of Operations and Summary of Significant Accounting Policies (Policies)

9 Months Ended

Mar. 31, 2012

Accounting Policies [Abstract]

Consolidation, Policy [Policy Text Block]

Consolidation

The consolidated financial statements include the accounts of JHA and all of its subsidiaries, which are wholly-owned, and all intercompany accounts and transactions have been eliminated.

Fair Value of Financial Instruments, Policy [Policy Text Block]

Fair value of financial instruments

Fair values for held-to-maturity securities are based on quoted market prices. For cash equivalents, amounts receivable or payable and short-term borrowings, fair values approximate carrying value, based on the short-term nature of the assets and liabilities. The fair value of long term debt also approximates carrying value as estimated using discounted cash flows based on the Company’s current incremental borrowing rates or quoted prices in active markets.