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Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2012
Jun. 30, 2011
ASSETS    
Cash and cash equivalents $ 552,200 $ 907,800
Investment securities 713,900 693,400
Trade accounts receivable, net 569,000 620,000
Inventories 2,132,400 1,639,800
Prepaid and other current assets 156,700 197,700
Deferred taxes 74,800 77,700
Total current assets 4,199,000 4,136,400
Property and equipment, net 187,100 175,100
Intangible assets, net 905,600 112,300
Goodwill 589,900 447,900
Other assets 25,700 25,700
Deferred taxes 113,900 115,800
Total assets 6,021,200 5,013,200
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 151,600 128,100
Customer advances 307,100 0
Notes payable, current 75,200 0
Accrued expenses and taxes 309,200 284,300
Total current liabilities 843,100 412,400
Contingent consideration payable 92,900 0
Notes payable, long-term 124,200 0
Total liabilities 1,060,200 412,400
Shareholders' equity:    
Common stock, $.05 par value; authorized 7,000,000 shares; 1,355,514 and 1,216,379 issued and outstanding at March 31, 2012 and June 30, 2011 67,800 60,800
Additional paid-in capital 1,966,900 1,558,500
Accumulated other comprehensive loss (12,600) (21,500)
Retained earnings 2,991,300 3,055,400
Total 5,013,400 4,653,200
Less common stock held in treasury at cost, 19,802 shares 52,400 52,400
Total shareholders' equity 4,961,000 4,600,800
Total liabilities and shareholders' equity $ 6,021,200 $ 5,013,200