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CONSOLIDATED CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
3 Months Ended 6 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Sales        
Net sales $ 40,634,601 $ 41,730,992 $ 90,937,948 $ 81,243,732
Cost of goods sold        
Cost of goods sold 21,783,086 25,537,459 49,616,745 48,116,826
Gross profit 18,851,515 16,193,533 41,321,203 33,126,906
Operating expenses        
Selling expenses 8,807,095 3,138,284 14,603,285 6,172,371
General and administrative expenses 4,565,932 3,156,271 7,905,708 6,032,213
Total operating expenses 13,373,027 6,294,555 22,508,993 12,204,584
Income from operations 5,478,488 9,898,978 18,812,210 20,922,322
Other income (expense)        
Other income (expense) (70,057) 397,980 (186,440) 397,380
Interest income 21,434 86,717 77,088 161,149
Interest expense (304,238) (366,447) (537,424) (752,239)
Total other income (expense) (352,861) 118,250 (646,776) (193,710)
Income before income taxes 5,125,627 10,017,228 18,165,434 20,728,612
Provision for income taxes 1,449,890 1,775,900 4,111,240 3,625,884
Net income 3,675,737 8,241,328 14,054,194 17,102,728
Other comprehensive income        
Foreign currency translation gain (loss) 2,947,080 619,139 3,641,796 154,786
Comprehensive income 6,622,817 8,860,467 17,695,990 17,257,514
Basic weighted average shares outstanding (in shares) 31,817,515 27,651,919 30,895,621 27,561,556
Basic net earnings per share (in dollars per share) $ 0.12 $ 0.30 $ 0.45 $ 0.62
Diluted weighted average shares outstanding (in shares) 31,817,515 27,651,919 30,895,621 27,561,556
Diluted net earnings per share (in dollars per share) $ 0.12 $ 0.30 $ 0.45 $ 0.62
Jinong [Member]
       
Sales        
Net sales 26,288,622 22,954,851 58,050,624 50,805,827
Cost of goods sold        
Cost of goods sold 10,869,262 10,652,410 24,839,093 23,491,908
Operating expenses        
Income from operations 6,575,251 8,400,320 18,436,979 20,011,931
Other income (expense)        
Provision for income taxes     2,849,293 3,024,887
Net income 5,570,575 7,200,086 15,659,383 17,137,683
Gufeng [Member]
       
Sales        
Net sales 13,482,016 17,984,853 31,238,098 28,921,824
Cost of goods sold        
Cost of goods sold 10,291,112 14,304,747 23,500,744 23,494,509
Operating expenses        
Income from operations 2,026,378 2,489,858 5,703,984 3,178,497
Other income (expense)        
Provision for income taxes     1,261,947 600,997
Net income 1,228,301 1,462,374 3,723,396 1,670,044
Yuxing [Member]
       
Sales        
Net sales 863,963 791,288 1,649,226 1,516,081
Cost of goods sold        
Cost of goods sold 622,712 580,302 1,276,908 1,130,409
Operating expenses        
Income from operations 2,896 26,526 106,542 88,655
Other income (expense)        
Net income $ 2,896 $ 596,544 $ 106,706 $ 651,636