XML 69 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share Repurchase Plan
12 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Share Repurchase Plan

Note 4. Share Repurchase Plan

The Board of Directors approved a share repurchase program on December 7, 2012, authorizing the Company to purchase up to $2.75 million of its outstanding common shares, as market and business conditions warrant, on the open market in compliance with Rule 10b-18 of the Securities Exchange Act of 1934. The share repurchase authorization expires at the end of calendar 2013. As of June 30, 2013, the Company had repurchased 55,052 class A shares using cash of $173,608. There remains approximately $2.576 million available for repurchase under this authorization.