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CONSOLIDATED STATEMENTS OF INCOME (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Sales $ 15,716,000 $ 11,243,000 $ 53,668,000 $ 39,921,000
Costs and Expenses:        
Cost of sales 7,353,000 5,674,000 26,008,000 21,353,000
Research and development 1,154,000 586,000 3,085,000 2,024,000
Selling, general and administrative 3,638,000 3,046,000 11,270,000 9,547,000
Adjustment of contingent earnout liability 0 0 1,500,000 0
Other income (53,000) (40,000) (665,000) (105,000)
Operating Expenses, Total 12,092,000 9,266,000 41,198,000 32,819,000
Income before income taxes 3,624,000 1,977,000 12,470,000 7,102,000
Provision for income taxes 1,168,000 596,000 4,633,000 2,316,000
Net income $ 2,456,000 $ 1,381,000 $ 7,837,000 $ 4,786,000
Earnings per share:        
Basic (in dollars per share) $ 0.28 $ 0.16 $ 0.90 $ 0.56
Diluted (in dollars per share) $ 0.28 $ 0.16 $ 0.90 $ 0.56
Average number of common shares outstanding:        
Basic (in shares) 8,676,381 8,625,390 8,661,090 8,602,916
Diluted (in shares) 8,692,134 8,627,439 8,674,949 8,605,041