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Quarterly Results (unaudited)
 12 Months Ended
Jun. 30, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
Note 15 — Quarterly Results (unaudited)
 
The following table summarizes results for each of the four quarters in the fiscal years ended June 30, 2013 and 2012.
 
 
 
Quarter Ended
 
2013
 
Sept. 30
 
Dec. 31
 
March 31
 
June 30
 
Sales
 
$
14,268,000
 
$
14,410,000
 
$
11,243,000
 
$
17,921,000
 
Gross profit
 
$
6,598,000
 
$
6,401,000
 
$
5,569,000
 
$
8,358,000
 
Adjustment to contingent earnout liability
 
$
—
 
$
—
 
$
—
 
$
(500,000)
 
Net income
 
$
1,704,000
 
$
1,701,000
 
$
1,381,000
 
$
1,914,000
 
Basic earnings per share
 
$
0.20
 
$
0.20
 
$
0.16
 
$
0.22
 
Diluted earnings per share
 
$
0.20
 
$
0.20
 
$
0.16
 
$
0.22
 
Dividends declared per common share
 
$
0.07
 
$
0.57
 
$
0.07
 
$
0.07
 
 
 
 
Quarter Ended
 
2012
 
Sept. 30
 
Dec. 31
 
March 31
 
June 30
 
Sales
 
$
9,572,000
 
$
14,588,000
 
$
12,993,000
 
$
15,457,000
 
Gross profit
 
$
4,660,000
 
$
6,772,000
 
$
5,988,000
 
$
7,318,000
 
Adjustment to contingent earnout liability
 
$
—
 
$
—
 
$
—
 
$
(4,500,000)
 
Net income (loss)
 
$
720,000
 
$
1,946,000
 
$
1,585,000
 
$
(2,269,000)
 
Basic earnings (loss) per share
 
$
0.08
 
$
0.23
 
$
0.18
 
$
(0.26)
 
Diluted earnings (loss) per share
 
$
0.08
 
$
0.23
 
$
0.18
 
$
(0.26)
 
Dividends declared per common share
 
$
—
 
$
1.00
 
$
0.05
 
$
0.05