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EARNINGS PER SHARE
3 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
Earnings Per Share [Text Block]
NOTE 3 – EARNINGS PER SHARE
 
Basic earnings per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and stock awards.
 
The components of basic and diluted earnings per share as of September 30, 2011 and 2010 were as follows:
 
   
For the Three Months Ended September 30,
 
   
2011
   
2010
 
Net Income for Basic Earnings Per Share
  $ 10,731,636     $ 7,787,785  
Basic Weighted Average Number of Shares
    26,857,338       25,922,880  
Net Income per Share – Basic
  $ 0.40     $ 0.30  
Net Income for Diluted Earnings Per Share
    10,731,636       7,787,785  
Diluted Weighted Average Number of Shares
    26,857,338       26,035,426  
Net Income per Share – Diluted
  $ 0.40     $ 0.30