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NOTE 20 - BUSINESS COMBINATIONS (Tables)
12 Months Ended
Jun. 30, 2016
Business Combinations [Abstract]  
Acquisition

Acquisitions

 

On June 30, 2016, the Company purchased 100% interest in TK2 Equipment Management, LLC and Turnkey Services of New York, LLC. The consideration and net assets acquired is as follows:

 

Cash Paid  $4,223,567 
Net assets at Fair Value   2,861,507 
Goodwill  $1,555,060 

 

Proforma Results

Pro forma Results

 

Unaudited Pro forma results of operations assumes that the acquisitions were made at the beginning of the year prior to acquisition. The unaudited pro forma information does not purport to be indicative of the results that would have been obtained if the acquisitions had actually occurred at the beginning of the year prior to acquisition, nor of the results that may be reported in the future.

 

   Year ended June 30, 2016  Year ended June 30, 2015  Year ended June 30, 2014
Total Revenues – Net  $73,368,210   $69,050,996   $68,505,477 
Net Income - Controlling Interests  $16,088,263   $13,175,717   $10,456,315 
Net Income Available to Common Stockholders  $15,042,842   $12,319,511   $9,776,301 
Net Income Available to Class A Non-Voting   Preferred Stockholders  $779,173   $638,147   $506,828 
Net Income Available to Class C Common Stockholders  $266,248   $218,059   $173,186 
Basic Net Income Per Common Share Available to Common Stockholders  $2.49   $2.04   $1.63 
Diluted Net Income Per Common Share Available to Common Stockholders  $2.43   $1.99   $1.59 
Basic and Diluted Income Per Share - Common C  $0.70   $0.57   $0.45 
Weighted Average Basic Shares Outstanding   6,050,893    6,050,632    6,009,822 
Weighted Average Diluted Shares Outstanding   6,178,397    6,178,136    6,137,326 
Weighted Average Basic and Diluted Shares Outstanding - Class C Common   382,513    382,513    382,513