Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements Of Cash Flows

v2.4.0.6
Unaudited Condensed Consolidated Statements Of Cash Flows (USD $)
 3 Months Ended
Dec. 31, 2011
Dec. 31, 2010
OPERATING ACTIVITIES    
Net income $ 2,659,944 $ 386,668
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 112,422 117,599
Amortization of deferred income from grant (6,208) (6,208)
Interest added to certificate of deposit (252) (978)
Share-based compensation 228,171 137,221
Deferred income taxes 627 118
Changes in operating assets and liabilities (1,131,058) 1,474,343
Net cash provided by operating activities 1,863,646 2,108,763
INVESTING ACTIVITIES    
Decrease in restricted cash 50 98
Proceeds from certificate of deposit 64,127  
Capital expenditures (97,597) (26,036)
Net cash used in investing activities (33,420) (25,938)
FINANCING ACTIVITIES    
Purchases of common stock for treasury shares (4,690) (33,063)
Dividends paid on common stock (1,409,605) (1,384,096)
Payments on capital lease obligations (4,160) (7,254)
Net cash used in financing activities (1,418,455) (1,424,413)
Net increase in cash 411,771 658,412
Cash at beginning of period 4,249,324 2,918,776
CASH AT END OF PERIOD 4,661,095 3,577,188
Supplemental Disclosure of Cash Flow Information:    
Cash payments for income taxes paid 269,385 8,097
Schedule of noncash financing and investing activities:    
Reduction of accrued expense upon issuance of shares 179,723 231,270
Dividends payable $ 1,404,979 $ 1,500