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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
REVENUES $ 60,891 $ 64,335 $ 60,694
COST OF REVENUES 47,793 51,527 48,068
GROSS PROFIT 13,098 12,808 12,626
OPERATING EXPENSES      
Selling, general and administrative expenses 10,229 10,346 11,046
Depreciation and amortization 531 613 770
Total Operating Expenses 10,760 10,959 11,816
OPERATING INCOME 2,338 1,849 810
OTHER INCOME (EXPENSE)      
Interest income 22 113 123
Interest expense (10) (41) (17)
Other income 0 3 12
Total Other Income (Expense) 12 75 118
INCOME BEFORE PROVISION FOR INCOME TAXES 2,350 1,924 928
Provision for income taxes (Note 6) 67 65 (262)
NET INCOME FROM CONTINUING OPERATIONS 2,283 1,859 1,190
DISCONTINUED OPERATIONS      
Loss from discontinued operations 0 (8) (19)
NET INCOME 2,283 1,851 1,171
Preferred stock dividends 1,357 568 592
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 926 $ 1,283 $ 579
Basic Income Per Common Share-Continuing Operations $ 0.08 $ 0.10 $ 0.05
Basic Loss Per Common Share-Discontinued Operations $ 0 $ 0 $ 0
BASIC INCOME PER COMMON SHARE $ 0.08 $ 0.10 $ 0.05
Basic Weighted Average Shares Outstanding 12,278,710 12,251,329 12,177,741
Diluted Income Per Common Share-Continuing Operations $ 0.06 $ 0.09 $ 0.04
Diluted Loss Per Common Share-Discontinued Operations $ 0 $ 0 $ 0
DILUTED INCOME PER COMMON SHARE $ 0.06 $ 0.09 $ 0.04
Diluted Weighted Average Shares Outstanding 14,599,710 14,558,965 14,687,904