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 | |
|