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EARNINGS PER SHARE | 9 Months Ended
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Mar. 31, 2014
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] | NOTE 3 - EARNINGS PER SHARE Basic earnings per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards. The components of basic and diluted earnings per share consist of the following:
|  | For the Three Months Ended March 31, |  | For the Nine Months Ended March 31, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
Net Income for Basic Earnings Per Share |  | $ | 7,209,131 |  | $ | 13,410,659 |  | $ | 21,263,325 |  | $ | 30,513,387 |
Basic Weighted Average Number of Shares |  |  | 31,825,562 |  |  | 27,939,780 |  |  | 31,201,076 |  |  | 27,682,345 |
Net Income per Share – Basic |  | $ | 0.23 |  | $ | 0.48 |  | $ | 0.68 |  | $ | 1.10 |
Net Income for Diluted Earnings Per Share |  | $ | 7,209,131 |  | $ | 13,410,659 |  | $ | 21,263,325 |  | $ | 30,513,387 |
Diluted Weighted Average Number of Shares |  |  | 31,825,562 |  |  | 27,939,780 |  |  | 31,201,076 |  |  | 27,682,345 |
Net Income per Share – Diluted |  | $ | 0.23 |  | $ | 0.48 |  | $ | 0.68 |  | $ | 1.10

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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