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Earnings Per Share (Tables)
 12 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Computation for Basic and Diluted Earnings Per Share

The following table sets forth the computation for basic and diluted earnings per share (EPS):

 

     Year Ended June 30,  
     2013      2012      2011  

Basic and diluted net income (loss)

    $ (194,212)       $ 1,530,434       $ 7,832,647   

Weighted average number of outstanding shares

         

Basic

      15,482,612         15,441,464         15,384,435   

Effect of dilutive securities

         

Employee stock options

      -         118         -   
  

 

 

     

 

 

     

 

 

  

Diluted

      15,482,612         15,441,582         15,384,435   
  

 

 

     

 

 

     

 

 

  

Earnings (loss) per share

         

Basic

      ($0.01)         $0.10         $0.51   

Diluted

      ($0.01)         $0.10         $0.51