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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Operating activities:    
Net income $ 4,000 $ 191,800
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 99,300 95,600
Deferred income taxe (benefit) 2,000 (9,900)
Stock-based compensation 1,000 4,900
Changes in operating assets and liabilities:    
Accounts receivable (40,100) 614,400
Inventories (315,600) (105,300)
Prepaid expenses and other current assets 20,000 12,500
Accounts payable 112,900 (113,300)
Customer advances 326,900 190,000
Accrued expenses and taxes (23,200) (12,400)
Total adjustments 183,200 676,500
Net cash provided by operating activities 187,200 868,300
Investing activities:    
Additional consideration for acquisition of Altamira Instruments, Inc. 0 (139,900)
Intangible assets acquired in acquisition (note 3) (260,000) 0
Purchase of investment securities, available for sale (5,500) (6,700)
Capital expenditures (61,900) (54,900)
Purchase of intangible assets, other (1,600) (8,600)
Net cash used in investing activities (329,000) (210,100)
Financing activities:    
Line of credit proceeds 60,000 0
Proceeds from exercise of stock options 9,600 0
Cash dividend declared and paid (59,900) (107,700)
Principal payments on note payable (12,200) 0
Net cash used in financing activities (2,500) (107,700)
Net increase (decrease) in cash and cash equivalents (144,300) 550,500
Cash and cash equivalents, beginning of year 907,800 632,700
Cash and cash equivalents, end of year 763,500 1,183,200
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 3,300 164,000
Non-cash investing and financing activities:    
Fair value of stock issued for acquisition 400,000 0
Fair value of note payable issued for acquisition 230,000 0
Fair value of contingent consideration payable in connection with acquisition $ 128,000 $ 0