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Note 7 - Property and Equipment | 3 Months Ended
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Sep. 30, 2012
Property, Plant and Equipment Disclosure [Text Block] | NOTE 7 - PROPERTY AND EQUIPMENT Property and equipment, net, consisted of the following:
|  | As of September 30 2012 |  |  | As of June 30 2012 |
Office furniture and equipment |  | $ | 1,950,176 |  |  | $ | 1,917,221 |
Computer equipment |  |  | 15,843,251 |  |  |  | 14,986,148 |
Assets under capital leases |  |  | 2,065,524 |  |  |  | 1,877,145 |
Building |  |  | 2,109,511 |  |  |  | 2,133,174 |
Land |  |  | 2,021,330 |  |  |  | 2,044,003 |
Capital work in progress |  |  | 4,396,095 |  |  |  | 4,163,730 |
Autos |  |  | 603,460 |  |  |  | 648,305 |
Improvements |  |  | 232,214 |  |  |  | 230,759 |
Subtotal |  |  | 29,221,561 |  |  |  | 28,000,485 |
Accumulated depreciation |  |  | (11,784,092 | ) |  |  | (11,087,690 | )
|  | $ | 17,437,469 |  |  | $ | 16,912,795 |
For the three months ended September 30, 2012 and 2011, depreciation expense totaled $754,108 and $636,568 respectively. Of these amounts, $454,745 and $462,543 respectively, are reflected in cost of goods sold. The Company’s capital work in progress consists of ongoing enhancements to its facilities and infrastructure as necessary to meet the Company’s expected long term growth needs. The Company recorded capitalized interest of $424,589 and $331,145 as of September 30, 2012 and June 30, 2012, respectively. Assets acquired under capital leases were $2,065,524 and $1,877,145 as of September 30, 2012 and June 30, 2012, respectively. Accumulated amortization related to these leases was $900,790 and $807,562 for the years ended June 30, 2012 and 2011, respectively.

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- Definition The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 5 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230 + Details
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