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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities:    
Net income $ 17,500 $ 84,211
Adjustments to reconcile net income to net cash provided by operating activities:    
(Recovery of) provision for doubtful accounts (3,653) 705
Depreciation of equipment and leasehold improvements 131,359 123,837
Stock-based compensation expense 83,041 88,523
Deferred income taxes 55,258 66,990
Change in cash surrender value of life insurance (172,382) (181,176)
Change in deferred compensation accrual 45,906 38,777
Deferred compensation paid 37,500 37,500
Net changes in operating assets and liabilities (see note 10) (22,686) (121,922)
Cash provided by operating activities 96,843 62,445
Investing activities:    
Purchase of equipment and leasehold improvements (157,242) (206,309)
Life insurance premiums paid (130,736) (131,608)
Cash (used in) investing activities (287,978) (337,917)
Financing activities:    
Net (decrease) in cash and cash equivalents (191,135) (275,472)
Cash and cash equivalents at beginning of period 432,283 735,393
Cash and cash equivalents at end of period $ 241,148 $ 459,921