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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Net sales:        
Revenues $ 28,228,000 $ 26,239,000 $ 78,606,000 $ 78,353,000
Cost of sales:        
Cost of sales 15,318,000 14,283,000 43,601,000 42,752,000
Gross Profit 12,910,000 11,956,000 35,005,000 35,601,000
Research and development 1,902,000 1,815,000 5,675,000 5,387,000
Selling, general, and administrative expenses 5,980,000 6,096,000 17,979,000 18,566,000
Operating expenses 7,882,000 7,911,000 23,654,000 23,953,000
Operating Income 5,028,000 4,045,000 11,351,000 11,648,000
Other expense (income):        
Interest expense (income), net 44,000 5,000 53,000 3,000
Income before Provision for Income Taxes 4,984,000 4,040,000 11,298,000 11,645,000
Provision for Income Taxes 624,000 425,000 1,422,000 1,225,000
Net Income $ 4,360,000 $ 3,615,000 $ 9,876,000 $ 10,420,000
Income per share:        
Basic (in dollars per share) $ 0.24 $ 0.20 $ 0.54 $ 0.56
Diluted (in dollars per share) $ 0.24 $ 0.20 $ 0.54 $ 0.56
Weighted average number of shares outstanding:        
Basic (in shares) 18,349,000 18,472,000 18,348,000 18,476,000
Diluted (in shares) 18,412,000 18,516,000 18,402,000 18,530,000
Equipment        
Net sales:        
Revenues $ 19,335,000 $ 20,007,000 $ 54,249,000 $ 60,973,000
Cost of sales:        
Cost of sales 14,074,000 13,285,000 39,980,000 39,525,000
Services        
Net sales:        
Revenues 8,893,000 6,232,000 24,357,000 17,380,000
Cost of sales:        
Cost of sales $ 1,244,000 $ 998,000 $ 3,621,000 $ 3,227,000