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CONSOLIDATED STATEMENTS OF INCOME (USD $) | 12 Months Ended
--- | ---
Jun. 30, 2012 | Jun. 30, 2011
Net sales | $ 37,865,767 | $ 41,518,135
Cost of goods sold | 23,334,352 | 24,661,503
Gross profit | 14,531,415 | 16,856,632
Operating Expenses: |  |
Selling, general and administrative expenses | 12,115,472 | 11,431,497
Unauthorized transaction related costs and (recoveries), net | (1,470,818) | (826,183)
Total Operating Expenses | 10,644,654 | 10,605,314
Income from operations | 3,886,761 | 6,251,318
Other Income (Expense): |  |
Interest income | 29,322 | 13,214
Interest expense | 124,423 | 52,419
Total Other Income (Expense), net | 153,745 | 65,633
Income before income tax provision | 4,040,506 | 6,316,951
Income tax provision | 1,100,091 | 1,943,620
Net income | $ 2,940,415 | $ 4,373,331
Income per common share: |  |
Basic (in dollars per share) | $ 0.40 | $ 0.59
Diluted (in dollars per share) | $ 0.40 | $ 0.59
Dividends declared per common share (in dollars per share) | $ 0.24 | $ 0.24

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