6. EARNINGS (LOSS) PER SHARE

3 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

NOTE 6 – EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share are computed using the weighted average number of shares outstanding during the period. Diluted earnings per share represent basic earnings per share adjusted to include the potentially dilutive effect of outstanding stock options.

The weighted average number of shares outstanding used to compute earnings (loss) per share is as follows:

	Three Months Ended September 30,
	2019		2018
Net income attributable to Parent Company	$	253,938	$	178,734
Weighted-average shares of common stock outstanding:
Basic shares outstanding		10,570,203		10,570,203
Dilutive effect of common stock equivalents arising from stock options		135,297		111,963
Diluted shares outstanding		10,705,500		10,682,166
Basic earnings per share	$	0.02	$	0.02
Diluted earnings per share	$	0.02	$	0.02