SAND HILLS, INC
CIK:0001468924|SEC Filings
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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
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3 Months Ended | 9 Months Ended | ||||||||
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Mar. 31, 2012
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Mar. 31, 2011
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Mar. 31, 2012
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Mar. 31, 2011
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| REVENUE | $ 25,383,585 | $ 19,677,227 | $ 76,412,309 | $ 70,191,481 | ||||||
| COST OF REVENUE | 23,504,817 | 18,069,917 | 70,907,100 | 64,857,597 | ||||||
| GROSS PROFIT | 1,878,768 | 1,607,310 | 5,505,209 | 5,333,884 | ||||||
| OPERATING EXPENSES | ||||||||||
| Selling, general and administrative | 2,464,677 | 1,869,079 | 5,956,982 | 5,220,078 | ||||||
| Depreciation and amortization | 43,426 | 41,721 | 128,803 | 124,709 | ||||||
| Total Operating Expenses | 2,508,103 | 1,910,800 | 6,085,785 | 5,344,787 | ||||||
| OPERATING (LOSS) INCOME | (629,335) | (303,490) | (580,576) | (10,903) | ||||||
| INTEREST EXPENSE (NET) | 39,096 | 25,804 | 110,919 | 60,204 | ||||||
| (LOSS) INCOME BEFORE INCOME TAX (EXPENSE) BENEFIT | (668,431) | (329,294) | (691,495) | (71,107) | ||||||
| INCOME TAX BENEFIT (EXPENSE) | 265,000 | 265,000 | (3,456) | |||||||
| NET LOSS | $ (403,431) | $ (329,294) | $ (426,495) | $ (74,563) | ||||||
| Basic Earnings (Loss) Per Share | $ (0.02) | $ (0.01) | $ (0.02) | $ 0.00 | ||||||
| Diluted Earnings (Loss) Per Share | $ (0.02) | $ (0.01) | $ (0.02) | $ 0.00 | ||||||
| Weighted average shares - Basic and Diluted | 23,414,263 | [1] | 23,414,263 | [1] | 23,414,263 | [1] | 23,656,030 | [1] | ||
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