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EXCEL - IDEA: XBRL DOCUMENT - GREYSTONE LOGISTICS, INC.Financial_Report.xls
10-Q - FORM 10-Q - GREYSTONE LOGISTICS, INC.form10q_17314.htm
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EX-31.2 - 302 CERTIFICATION OF THE C.F.O. - GREYSTONE LOGISTICS, INC.ex31-2_17314.htm
EX-32.2 - 906 CERTIFICATION OF THE C.F.O. - GREYSTONE LOGISTICS, INC.ex32-2_17314.htm
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EX-32.1 - 906 CERTIFICATION OF THE PRESIDENT - GREYSTONE LOGISTICS, INC.ex32-1_17314.htm
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v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Feb. 29, 2012
Feb. 28, 2011
Feb. 29, 2012
Feb. 28, 2011
Sales $ 4,875,856 $ 4,206,092 $ 16,872,981 $ 14,253,173
Cost of Sales 3,960,606 3,600,831 13,821,507 13,120,654
Gross Profit 915,250 605,261 3,051,474 1,132,519
General, Selling and Administrative Expenses 554,801 452,809 1,454,146 1,441,590
Operating Income (Loss) 360,449 152,452 1,597,328 (309,071)
Other Income (Expense):        
Other Income (Expense) 4,932 (5,050) (1,909) 2,600
Interest Expense (201,583) (248,960) (680,480) (641,423)
Total Other Expense, net (196,651) (254,010) (682,389) (638,823)
Net Income (Loss) 163,798 (101,558) 914,939 (947,894)
Income Attributable to Noncontrolling Interests, net (50,489) (36,994) (96,669) (78,388)
Preferred Dividends (79,247) (80,137) (160,274) (243,082)
Net Income (Loss) Available to Common Stockholders $ 34,062 $ (218,689) $ 657,996 $ (1,269,364)
Income (Loss) Available to Common Stockholders Per Share of Common Stock - Basic and Diluted $ 0 $ (0.01) $ 0.03 $ (0.05)
Weighted Average Shares of Common Stock Outstanding - Basic and Diluted 26,111,201 26,111,201 26,111,201 26,111,201