Quarterly report pursuant to Section 13 or 15(d)

Note 14 - Recently Issued Accounting Pronouncements

Note 14 - Recently Issued Accounting Pronouncements
3 Months Ended
Sep. 30, 2012
Description of New Accounting Pronouncements Not yet Adopted [Text Block]
(14)  Recently Issued Accounting Pronouncements

In June 2011, the Financial Accounting Standards Board (“FASB”) issued ASU 2011-05, “Presentation of Comprehensive Income”. This ASU increases the prominence of items reported in other comprehensive income by eliminating the option to present components of other comprehensive income as part of the statement of changes in stockholders’ equity. The amendment requires that all non-owner changes in stockholders’ equity be presented either in a single continuous statement of comprehensive income or in two separate but consecutive statements. The amendments do not change the items that must be reported in other comprehensive income. The Company adopted this ASU in the first quarter of fiscal 2013 and included a single continuous statement.