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Earnings Per Share
9 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share

Note (2) - Earnings Per Share: Basic earnings per share for the nine and three months ended March 31, 2013 and 2012 are computed as follows:

 

   For the nine months ended
March 31,
  For the three months ended
March 31,
   2013
(Unaudited)
  2012
(Unaudited)
  2013
(Unaudited)
  2012
(Unaudited)
             
Net earnings  $526,881   $322,578   $249,887   $73,684 
Weighted average shares outstanding   7,033,732    7,033,732    7,033,732    7,033,732 
Basic and fully diluted earnings per share  $.07   $.05   $.04   $.01 

 

At March 31, 2013, the Company had no outstanding options to purchase shares of the Company’s common stock or other dilutive securities.