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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Net sales:        
Revenues $ 35,905,000 $ 28,228,000 $ 100,364,000 $ 78,606,000
Cost of sales:        
Cost of sales 20,872,000 15,318,000 60,432,000 43,601,000
Gross Profit 15,033,000 12,910,000 39,932,000 35,005,000
Operating expenses:        
Research and development 2,009,000 1,902,000 5,918,000 5,675,000
Selling, general, and administrative expenses 8,442,000 5,980,000 23,983,000 17,979,000
Total Operating Expenses     29,901,000 23,654,000
Operating Income 4,582,000 5,028,000 10,031,000 11,351,000
Other income (expense):        
Interest and other income (expense), net (177,000) (44,000) (102,000) (53,000)
Income before Provision for Income Taxes 4,405,000 4,984,000 13,833,000 11,298,000
Provision for Income Taxes 1,132,000 624,000 1,771,000 1,422,000
Net Income $ 3,273,000 $ 4,360,000 $ 12,062,000 $ 9,876,000
Income per share:        
Basic (in dollars per share) $ 0.09 $ 0.12 $ 0.33 $ 0.27
Diluted (in dollars per share) $ 0.09 $ 0.12 $ 0.33 $ 0.27
Weighted average number of shares outstanding:        
Basic (in shares) 36,743,000 36,697,000 36,723,000 36,696,000
Diluted (in shares) 36,879,000 36,823,000 36,873,000 36,804,000
Equipment        
Net sales:        
Revenues $ 23,873,000 $ 19,335,000 $ 67,080,000 $ 54,249,000
Cost of sales:        
Cost of sales 19,334,000 14,074,000 56,077,000 39,980,000
Services        
Net sales:        
Revenues 12,032,000 8,893,000 33,284,000 24,357,000
Cost of sales:        
Cost of sales $ 1,538,000 $ 1,244,000 $ 4,355,000 $ 3,621,000