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CONSOLIDATED CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Sales        
Net sales $ 60,016,344 $ 44,653,284 $ 160,212,935 $ 119,447,943
Cost of goods sold        
Cost of goods sold 37,541,005 27,613,775 102,439,379 76,936,281
Gross profit 22,475,339 17,039,509 57,773,556 42,511,662
Operating expenses        
Selling expenses 3,633,223 1,662,851 8,538,445 4,667,842
General and administrative expenses 2,980,108 3,251,804 9,897,785 8,221,055
Total operating expenses 6,613,331 4,914,655 18,436,230 12,888,897
Income from operations 15,862,008 12,124,854 39,337,326 29,622,765
Other income (expense)        
Other income (expense) (56,082) (45,788) 7,584 (55,647)
Interest income 89,314 59,430 276,917 212,346
Interest expense (554,325) (154,292) (1,110,672) (448,819)
Total other income (expense) (521,093) (140,650) (826,171) (292,120)
Income before income taxes 15,340,915 11,984,204 38,511,155 29,330,645
Provision for income taxes 2,966,554 2,511,459 7,661,280 5,840,623
Net income 12,374,361 9,472,745 30,849,875 23,490,022
Other comprehensive income        
Foreign currency translation gain 1,375,927 1,144,289 4,719,169 4,896,596
Comprehensive income 13,750,288 10,617,034 35,569,044 28,386,618
Basic weighted average shares outstanding (in shares) 26,960,277 25,936,713 26,919,678 25,932,497
Basic net earnings per share (in dollars per share) $ 0.46 $ 0.37 $ 1.15 $ 0.91
Diluted weighted average shares outstanding (in shares) 26,960,277 26,729,495 26,919,678 26,345,583
Diluted net earnings per share (in dollars per share) $ 0.46 $ 0.35 $ 1.15 $ 0.89
Jinong [Member]
       
Sales        
Net sales 22,311,668 16,208,041 63,543,075 47,030,563
Cost of goods sold        
Cost of goods sold 8,621,378 6,060,998 24,290,985 19,705,968
Gufeng [Member]
       
Sales        
Net sales 34,095,432 26,127,821 89,666,961 66,804,752
Cost of goods sold        
Cost of goods sold 25,669,014 20,300,721 71,631,077 54,199,998
Jintai [Member]
       
Sales        
Net sales 2,466,393 2,317,422 5,780,969 5,612,628
Cost of goods sold        
Cost of goods sold 2,270,002 1,252,056 5,276,896 3,030,315
Yuxing [Member]
       
Sales        
Net sales 1,142,851 0 1,221,930 0
Cost of goods sold        
Cost of goods sold $ 980,611 $ 0 $ 1,240,421 $ 0