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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net revenue $ 12,153,175 $ 11,294,868 $ 35,896,030 $ 31,494,960
Cost of revenue 7,012,611 6,562,323 21,136,257 18,669,123
Gross profit 5,140,564 4,732,545 14,759,773 12,825,837
Selling, general and administrative expenses 4,911,288 3,399,584 12,978,126 9,311,918
Income from operations 229,276 1,332,961 1,781,647 3,513,919
Interest expense, net 148,563 142,578 461,916 457,007
Income before income taxes (benefit) 80,713 1,190,383 1,319,731 3,056,912
Income taxes (benefit) (946,165) 462,737 (478,342) 1,082,199
Net income 1,026,878 727,646 1,798,073 1,974,713
Net income 1,026,878 727,646 1,798,073 1,974,713
Foreign currency translation, net of $72,222 and $ -0- income taxes in 2011 and 2010 47,118 0 185,712 0
Total comprehensive income 1,073,996 727,646 1,983,785 1,974,713
Net income 1,026,878 727,646 1,798,073 1,974,713
Dividends on preferred stock 0 131,400 116,646 406,033
Net income applicable to common stockholders 1,026,878 596,246 1,681,427 1,568,680
Dividend add back due to preferred stock conversion 0 131,400 116,646 406,033
Net income for diluted income per common share $ 1,026,878 $ 727,646 $ 1,798,073 $ 1,974,713
Basic net income per common share (in dollars per share) $ 0.07 $ 0.05 $ 0.12 $ 0.13
Diluted net income per common share (in dollars per share) $ 0.07 $ 0.05 $ 0.12 $ 0.13
Weighted average shares outstanding        
Basic (in shares) 15,394,811 12,610,116 14,448,875 12,315,532
Diluted (in shares) 15,748,591 14,982,382 14,802,655 14,687,798