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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Product sales $ 11,324,000 $ 16,343,000 $ 37,370,000 $ 36,509,000
Service revenue 5,206,000 5,450,000 15,265,000 15,342,000
Commission revenue 5,821,000 5,630,000 14,132,000 14,062,000
Total revenue 22,351,000 27,423,000 66,767,000 65,913,000
Cost of product sales 7,596,000 11,028,000 25,599,000 24,377,000
Cost of service revenue 3,444,000 3,775,000 9,776,000 10,779,000
Total cost of revenue 11,040,000 14,803,000 35,375,000 35,156,000
Gross margin 11,311,000 12,620,000 31,392,000 30,757,000
Selling, general and administrative 9,091,000 9,902,000 26,439,000 27,503,000
Depreciation and amortization 432,000 468,000 1,227,000 1,305,000
Total operating expenses 9,523,000 10,370,000 27,666,000 28,808,000
Operating income 1,788,000 2,250,000 3,726,000 1,949,000
Other expense, net (79,000) (150,000) (417,000) (651,000)
Income before income taxes 1,709,000 2,100,000 3,309,000 1,298,000
Income tax expense 70,000 30,000 229,000 126,000
Net income 1,639,000 2,070,000 3,080,000 1,172,000
Preferred stock dividends (32,000) (38,000) (110,000) (475,000)
Net income available to common stockholders $ 1,607,000 $ 2,032,000 $ 2,970,000 $ 697,000
Income per common share, basic (in Dollars per share) $ 0.03 $ 0.04 $ 0.06 $ 0.01
Income per common share, diluted (in Dollars per share) $ 0.03 $ 0.04 $ 0.05 $ 0.01
Weighted average shares used in computation - basic (in Shares) 52,546,391 51,882,678 52,331,996 48,702,279
Weighted average shares used in computation - diluted (in Shares) 54,710,936 55,613,839 54,545,939 52,434,092