XML 12 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]    
Net sales $ 1,436,100 $ 1,351,700
Cost of sales 841,900 887,300
Gross profit 594,200 464,400
Operating expenses:    
General and administrative 303,000 279,600
Selling 197,000 156,400
Research and development 97,200 120,100
Total operating expenses 597,200 556,100
Loss from operations (3,000) (91,700)
Other income (expense):    
Investment income 3,100 2,900
Other income 3,700 2,500
Interest expense (800) (1,400)
Total other income, net 6,000 4,000
Income (loss) before income tax expense (benefit) 3,000 (87,700)
Income tax expense (benefit): Current (3,100) (30,600)
Deferred 4,000 5,100
Total income tax expense (benefit) 900 (25,500)
Net income (loss) $ 2,100 $ (62,200)
Basic earnings (loss) per common share $ 0 $ (0.05)
Diluted earnings (loss) per common share $ 0 $ (0.05)
Cash dividends declared $ 0.08 $ 0.03