EARNINGS PER SHARE

9 Months Ended

Mar. 31, 2013

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 consist of the following:

	For the Three Months Ended March 31,				For the Nine Months Ended March 31,
	2013		2012		2013		2012
Net Income for Basic Earnings Per Share	$	13,410,659	$	12,374,361	$	30,513,387	$	30,849,875
Basic Weighted Average Number of Shares		27,939,780		26,960,277		27,682,345		26,919,678
Net Income per Share – Basic	$	0.48	$	0.46	$	1.10	$	1.15
Net Income for Diluted Earnings Per Share	$	13,410,659	$	12,374,361	$	30,513,387	$	30,849,875
Diluted Weighted Average Number of Shares		27,939,780		26,960,277		27,682,345		26,919,678
Net Income Per Share – Diluted	$	0.48	$	0.46	$	1.10	$	1.15