XML 16 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Sales:        
Net new sales income $ 4,322,139 $ 4,739,752 $ 14,826,508 $ 15,901,691
Net refurbished sales income 1,882,377 2,691,269 7,271,044 7,646,819
Net service income 950,685 1,067,752 2,898,886 3,185,614
Total net sales 7,155,201 8,498,773 24,996,438 26,734,124
Cost of sales 5,126,339 5,910,937 17,675,951 18,879,948
Gross profit 2,028,862 2,587,836 7,320,487 7,854,176
Operating, selling, general and administrative expenses 1,642,965 1,828,238 5,156,474 5,387,715
Income from operations 385,897 759,598 2,164,013 2,466,461
Interest expense 6,377 7,300 19,767 1,106,662
Income before provision for income taxes 379,520 752,298 2,144,246 1,359,799
Provision for income taxes 144,000 293,000 815,000 530,000
Net income 235,520 459,298 1,329,246 829,799
Other comprehensive income:        
Unrealized gain on interest rate swap, net of taxes       587,258
Comprehensive income $ 235,520 $ 459,298 $ 1,329,246 $ 1,417,057
Earnings per share:        
Basic (in Dollars per share) $ 0.02 $ 0.05 $ 0.13 $ 0.08
Diluted (in Dollars per share) $ 0.02 $ 0.05 $ 0.13 $ 0.08
Weighted average shares used in per share calculation:        
Basic (in Shares) 9,998,480 10,189,120 10,070,567 10,198,691
Diluted (in Shares) 9,998,480 10,189,683 10,070,781 10,199,756