XML 42 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 3. Earning per Share (Tables)
 6 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted net income (loss) per share:
 
Three Months Ended December 31,
 
Six Months Ended December 31,
 
2012
 
2011
 
2012
 
2011
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
  Numerator for basic and diluted earnings per share
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
126,527

 
$
(108,797
)
 
$
(497,864
)
 
$
(607,477
)
Income (loss) from discontinued operations
3,866,858

 
(3,426,203
)
 
4,057,824

 
(3,717,172
)
 Net income (loss)
$
3,993,385

 
$
(3,535,000
)
 
$
3,559,960

 
$
(4,324,649
)
Denominator:
 
 
 
 
 
 
 
  Denominator for basic earnings per share - weighted average shares
7,526,430

 
7,526,430

 
7,526,430

 
7,526,430

  Effect of dilutive securities:
 
 
 
 
 
 
 
    Stock options and warrants
—

 
—

 
—

 
—

    Shares reserved for future exchange
—

 
—

 
—

 
—

 Denominator for diluted earnings per share - weighted average and assumed conversion

7,526,430

 
7,526,430

 
7,526,430

 
7,526,430

 
 
 
 
 
 
 
 
Net income (loss) per share
 
 
 
 
 
 
 
   Basic:
 
 
 
 
 
 
 
      Continuing operations
$
0.02

 
$
(0.01
)
 
$
(0.07
)
 
$
(0.08
)
      Discontinued operations
0.51

 
(0.46
)
 
0.54

 
(0.50
)
 
$
0.53

 
$
(0.47
)
 
$
0.47

 
$
(0.58
)
   Diluted:
 
 
 
 
 
 
 
      Continuing operations
$
0.02

 
$
(0.01
)
 
$
(0.07
)
 
$
(0.08
)
      Discontinued operations
0.51

 
(0.46
)
 
0.54

 
(0.50
)
 
$
0.53

 
$
(0.47
)
 
$
0.47

 
$
(0.58
)