| For the fiscal year ended July 3, 2011 | Commission file Number 1-7829 |
|----------------------------------------|-------------------------------|

| MARYLAND(State of Incorporation)  | 54-0646173(I.R.S. Employer Identification No.) |
|----------------------------------------|------------------------------------------------|

| Title of Class                              | Name of Exchange on which registered |
|---------------------------------------------|--------------------------------------|
| Class A Common stock (par value $.10)  | NYSE Amex Exchange                   |

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| Large Accelerated Filer | [ ] | Accelerated Filer         | [ ]  |
|-------------------------|-----|---------------------------|-----------|
| Non-accelerated Filer   | [ ] | Smaller reporting company | [X]       |

|                                      |   |  Shares outstanding at September 15, 2011 |   |
|-------------------------------------------|--------|------------------------------------------------|--------|
|                                      |   |                                           |   |
| Class A Common Stock$.10 par value        |   |  3,683,009                                |   |
|   Class B Common Stock$.10 par value |   |   1,468,462                               |   |

----

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|                                | Page                                                                                                         |
|-------------------------------------|--------------------------------------------------------------------------------------------------------------|
| Cover Page                          |                                                                                                         |
| Documents Incorporated by Reference |                                                                                                         |
| Index                               |                                                                                                         |   |
|                                |                                                                                                         |   |
| ITEM 1.                             | Business                                                                                                     |   |
|                                | (a) General Development of Business                                                                          | 1 |
|                                | (b) Financial Information about Industry Segments                                                            | 1 |
|                                | (c) Narrative Description of Business                                                                        | 1 |
|                                | (d) Financial Information about Geographic Areas                                                             | 1 |
|                                |                                                                                                         |   |
| ITEM 2.                             | Properties                                                                                                   | 2 |
|                                |                                                                                                         |   |
| ITEM 3.                             | Legal Proceedings                                                                                            | 2 |
|                                |                                                                                                         |   |
| ITEM 4.                             | (Removed and Reserved)                                                                                       | 2 |
|                                |                                                                                                         |   |
| PART II                             |
|                                |                                                                                                         |   |
| ITEM 5.                             | Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 2 |
|                                |                                                                                                         |   |
| ITEM 6.                             | Selected Financial Data                                                                                      | 3 |
|                                |                                                                                                         |   |
| ITEM 7.                             | Management's Discussion and Analysis of Financial Condition and Results of Operations                        | 3 |
|                                |                                                                                                         |   |
| ITEM 8.                             | Financial Statements and Supplementary Data                                                                  | 3 |
|                                |                                                                                                         |   |
| ITEM 9.                             | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure                         | 3 |
|                                |                                                                                                         |   |
| ITEM 9A                             | Controls and Procedures                                                                                      | 4 |
|                                |                                                                                                         |   |
| PART III                            |
|                                |                                                                                                         |   |
| ITEM 10.                            | Directors, Executive Officers and Corporate Governance                                                       | 4 |
|                                |                                                                                                         |   |
| ITEM 11.                            | Executive Compensation                                                                                       | 4 |
|                                |                                                                                                         |   |
| ITEM 12.                            | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters               | 5 |
|                                |                                                                                                         |   |
| ITEM 13.                            | Certain Relationships and Related Transactions, and Director Independence                                    | 5 |
|                                |                                                                                                         |   |
| ITEM 14.                            | Principal Accountant Fees and Services                                                                       | 5 |
|                                |                                                                                                         |   |
| PART IV                             |
|                                |                                                                                                         |   |
| ITEM 15.                            | Exhibits and Financial Statement Schedules                                                                   |   |
|                                | (a)1. Financial Statements                                                                                   | 5 |
|                                | (a)3. Exhibits                                                                                               | 5-6 |
|                                |                                                                                                         |   |
| Signatures                          |                                                                                                         | 7-8 |

----

----

| 2011 |   | 1st Qtr |   |   | 2nd Qtr |   |   | 3rd Qtr |   |   | 4th Qtr |   |
|------|--------|---------|--------|--------|---------|--------|--------|---------|--------|--------|---------|--------|
| High |   | $       | 15.45  |   |    | $      | 13.61  |    |   | $      | 13.63   |   |   | $ | 13.50 |   |
| Low  |   | $       | 10.87  |   |    | $      | 11.54  |    |   | $      | 12.40   |   |   | $ | 12.00 |   |

| 2010 |   | 1st Qtr |   |   | 2nd Qtr |   |   | 3rd Qtr |   |   | 4th Qtr |   |
|------|--------|---------|--------|--------|---------|--------|--------|---------|--------|--------|---------|--------|
| High |   | $       | 14.44  |   |    | $      | 16.50  |    |   | $      | 14.49   |   |   | $ | 13.87 |   |
| Low  |   | $       | 12.01  |   |    | $      | 10.50  |    |   | $      | 12.56   |   |   | $ | 12.11 |   |

|  Class A Common Stock |
|---------------------------------|
| Quarter                         |   | 2011 |   | 2010 |
| First                           |   |   | 15.5 |   | cents |   |   | 15.5 |   | cents |
| Second                          |   |   | 15.5 |   | cents |   |   | 15.5 |   | cents |
| Third                           |   |   | 16 |   | cents |   |   | 15.5 |   | cents |
| Fourth                          |   |   | 16 |   | cents |   |   | 15.5 |   | cents |

----

|  Class B Common Stock  |
|----------------------------------|
| Quarter                          |   | 2011 |   | 2010 |
| First                            |   |   | 15.5 |   | cents |   |   | 15.5 |   | cents |
| Second                           |   |   | 15.5 |   | cents |   |   | 15.5 |   | cents |
| Third                            |   |   | 16 |   | cents |   |   | 15.5 |   | cents |
| Fourth                           |   |   | 16 |   | cents |   |   | 15.5 |   | cents |

----

----

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|   | 31.1     | Written statement of Chief Executive Officer (Rule 13a-14a Certification)                                                               |
|--------|----------|-----------------------------------------------------------------------------------------------------------------------------------------|
|   |     |                                                                                                                                    |
|   | 31.2     | Written statement of Chief Financial Officer (Rule 13a-14a Certification)                                                               |
|   |     |                                                                                                                                    |
|   | 32  | Written statement of Chief Executive and Chief Financial Officers (Section 1350 Certifications)                                         |
|   |     |                                                                                                                                    |
|   | 99(a)    | Selected Financial Data (Item 6), set forth as page 15 hereof                                                                           |
|   |     |                                                                                                                                    |
|   | 99 (b)   | Management’s Discussion & Analysis of Financial Condition and Results of Operations (Item 7), set forth as pages 10-13 hereof |
|   |     |                                                                                                                                    |
|   | 99(c)    | Consolidated Financial Statements (Item 8), set forth as pages 16-28 hereof                                                             |
|   |     |                                                                                                                                    |
|   | 99 (d)   | Management’s Annual Report on Internal Control Over Financial Reporting, (Item 9-A) set forth as page 9 hereof                    |

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| BOWL AMERICA INCORPORATED /s/ Leslie H. GoldbergLeslie H. GoldbergPresidentChief Executive and Operating Officer Date: September 28, 2011 /s/ Cheryl A. DragooCheryl A. DragooChief Financial Officer,Senior Vice President and ControllerPrincipal Accounting Officer Date: September 28, 2011 |   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|

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| /s/ Leslie H. GoldbergLeslie H. GoldbergPresident, Principal Executive& Operating Officer and Director Date: September 28, 2011 |   |                                                                                                                             |
|------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                     |   |                                                                                                                             |
|                                                                                                                                     |   |                                                                                                                             |
| /s/ Ruth MacklinRuth Macklin Senior Vice President, Secretary,Treasurer and Director  Date: September 28, 2011       |   | /s/ Cheryl A. DragooCheryl A. DragooSenior Vice PresidentPrincipal Accounting Officer and Director Date: September 28, 2011 |
|                                                                                                                                     |   |                                                                                                                             |
|                                                                                                                                     |   |                                                                                                                             |
| /s/ Warren T. BrahamWarren T. Braham Director  Date: September 28, 2011                                                   |   | /s/ Stanley H. KatzmanStanley H. KatzmanDirector Date: September 28, 2011                                                   |
|                                                                                                                                     |   |                                                                                                                             |
|                                                                                                                                     |   |                                                                                                                             |
| /s/ Allan L. SherAllan L. Sher Director  Date: September 28, 2011                                                    |   | /s/ Merle FabianMerle FabianDirector Date: September 28, 2011                                                               |
|                                                                                                                                     |   |                                                                                                                             |
|                                                                                                                                     |   |                                                                                                                             |
| /s/ Arthur H. BillArthur H. BillDirector Date: September 28, 2011                                                                   |   |                                                                                                                             |

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| ·   | Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                                |   | Fifty-three weeks ended July 3, 2011    |            |
|------------------------------------------|--------|-----------------------------------------|-----------------|
|                                     |   | and Fifty-two weeks ended June 27, 2010 |            |
|                                     |   | Dollars in thousands                    |            |
|                                     |   | 2011                                    |            |   | 2010 |   |   | Change |   |   | % Change |   |
| Operating Revenues:                      |   |                                    |            |   |   |   |   |   |   |   |   |   |
| Bowling and other                        |   | $                                       | 18,722          |   |   | $ | 19,110 |   |   | $ | (388 | ) |   |   | (2.0 | )% |
| Food, beverage & merchandise sales   |   |                                    | 7,782           |   |   |   | 7,974 |   |   |   | (192 | ) |   |   | (2.4 | ) |
| Gain (loss) on sales of assets           |   |                                    | 14              |   |   |   | 43 |   |   |   | (29 | ) |   |   | (67.4 | ) |
|                                     |   |                                    | 26,518          |   |   |   | 27,127 |   |   |   | (609 | ) |   |   | (2.2 | ) |
| Operating Expenses:                      |   |                                    |            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Compensation & benefits              |   |                                    | 12,588          |   |   |   | 12,543 |   |   |   | 45 |   |   |   | .4 |   |
| Cost of bowling & other              |   |                                    | 7,400           |   |   |   | 7,452 |   |   |   | (52 | ) |   |   | ( .7 | ) |
| Cost of food, beverage & merch sales |   |                                    | 2,224           |   |   |   | 2,216 |   |   |   | 8 |   |   |   | .4 |   |
| Depreciation & amortization          |   |                                    | 1,549           |   |   |   | 1,687 |   |   |   | (138 | ) |   |   | (8.2 | ) |
| General & administrative             |   |                                    | 965             |   |   |   | 896 |   |   |   | 69 |   |   |   | 7.7 |   |
|                                     |   |                                    | 24,726          |   |   |   | 24,794 |   |   |   | (68 | ) |   |   | (.3 | ) |
|                                     |   |                                    |            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating Income                         |   |                                    | 1,792           |   |   |   | 2,333 |   |   |   | (541 | ) |   |   | (23.2 | ) |
|                                     |   |                                    |            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest & dividend income           |   |                                    | 580             |   |   |   | 530 |   |   |   | 50 |   |   |   | 9.4 |   |
|                                     |   |                                    |            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Earnings before taxes                    |   |                                    | 2,372           |   |   |   | 2,863 |   |   |   | (491 | ) |   |   |  (17.1 | ) |
| Income taxes                             |   |                                    |   815 |   |   |   | 1,012 |   |   |   | (197 | ) |   |   | (19.5 | ) |
|                                     |   |                                    |            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Earnings                             |   | $                                       | 1,557           |   |   | $ | 1,851 |   |   | $ | (294 | ) |   |   | (15.9 | ) |

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|                                                     |   | For the Years Ended |                |
|----------------------------------------------------------|--------|---------------------|---------------------|
|                                                     |   | July 3,             |                |   | June 27, |   |   | June 28, |   |   | June 29, |   |   | July 1, |   |
|                                                     |   | 2011                |                |   | 2010 |   |   | 2009 |   |   | 2008 |   |   | 2007 |   |
| Operating revenues                                       |   | $                   | 26,517,850          |   |   | $ | 27,127,073 |   |   | $ | 29,710,743 |   |   | $ | 29,349,214 |   |   | $ | 31,989,893 |   |
| Operating expenses                                       |   |                | 24,725,442          |   |   |   | 24,793,942 |   |   |   | 25,696,315 |   |   |   | 24,990,753 |   |   |   | 26,481,388 |   |
| Interest and dividend income                             |   |                | 579,960             |   |   |   | 529,845 |   |   |   | 679,287 |   |   |   | 811,205 |   |   |   | 863,983 |   |
| Investment earnings (loss)                               |   |                |    - |   |   |   |    - |   |   |   |    - |   |   |   | 267,237 |   |   |   | (3,613 | ) |
| Earnings before provision for income taxes               |   |                | 2,372,368           |   |   |   | 2,862,976 |   |   |   | 4,693,715 |   |   |   | 5,436,903 |   |   |   | 6,368,875 |   |
| Provision for income taxes                               |   |                |   815,439 |   |   |   | 1,012,264 |   |   |   | 1,636,433 |   |   |   | 1,902,363 |   |   |   | 2,179,932 |   |
| Net earnings                                             |   | $                   | 1,556,929           |   |   | $ | 1,850,712 |   |   | $ | 3,057,282 |   |   | $ | 3,534,540 |   |   | $ | 4,188,943 |   |
|                                                     |   |                |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average shares outstanding- Basic & Diluted |   |                | 5,147,117           |   |   |   | 5,141,102 |   |   |   | 5,133,375 |   |   |   | 5,135,693 |   |   |   | 5,136,499 |   |
|                                                     |   |                |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Earnings per share- Basic & Diluted                  |   | $                   | .30                 |   |   | $ | .36 |   |   | $ | .60 |   |   | $ | .69 |   |   | $ | .82 |   |
|                                                     |   |                |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net cash provided by operating activities                |   | $                   | 3,529,193           |   |   | $ | 2,944,882 |   |   | $ | 6,502,922 |   |   | $ | 3,499,703 |   |   | $ | 6,101,075 |   |
|                                                     |   |                |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash dividends paid                                      |   | $                   | 3,242,593           |   |   | $ | 3,187,444 |   |   | $ | 3,105,700 |   |   | $ | 3,543,631 |   |   | $ | 2,927,853 |   |
| Cash dividends paid Per share- Class A                   |   | $                   | 0.63                |   |   | $ | 0.62 |   |   | $ | 0.605 |   |   | $ | 0.69 |   |   | $ | 0.57 |   |
| -Class B                                                 |   | $                   | 0.63                |   |   | $ | 0.62 |   |   | $ | 0.605 |   |   | $ | 0.69 |   |   | $ | 0.57 |   |
|                                                     |   |                |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total assets                                             |   | $                   | 40,917,762          |   |   | $ | 41,410,343 |   |   | $ | 42,966,669 |   |   | $ | 44,056,750 |   |   | $ | 45,834,730 |   |
|                                                     |   |                |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stockholders' equity                                     |   | $                   | 35,301,391          |   |   | $ | 36,403,807 |   |   | $ | 37,579,197 |   |   | $ | 38,214,963 |   |   | $ | 39,337,237 |   |
|                                                     |   |                |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net book value per share                                 |   | $                   | 6.85                |   |   | $ | 7.07 |   |   | $ | 7.31 |   |   | $ | 7.44 |   |   | $ | 7.66 |   |
|                                                     |   |                |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net earnings as a % of beginning stock holders' equity   |   |                | 4.3                 | % |   |   |  4.9 | % |   |   |  8.0 | % |   |   |  9.0 | % |   |   | 11.3 | % |
|                                                     |   |                |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Lanes in operation                                       |   |                | 756                 |   |   |   | 756 |   |   |   | 756 |   |   |   | 756 |   |   |   | 756 |   |
| Centers in operation                                     |   |                | 19                  |   |   |   | 19 |   |   |   | 19 |   |   |   | 19 |   |   |   | 19 |   |

----

|                                                   |   | As of   |                                                                |
|--------------------------------------------------------|--------|---------|---------------------------------------------------------------------|
|                                                   |   | July 3, |                                                                |   | June 27, |   |
|                                                   |   | 2011    |                                                                |   | 2010 |   |
| ASSETS                                                 |   |
| CURRENT ASSETS:                                        |   |    |                                                                |   |   |   |
| Cash and cash equivalents (Note 2)                     |   | $       | 2,361,846                                                           |   |   | $ | 2,579,487 |   |
| Short-term investments (Note 3)                        |   |    | 6,297,822                                                           |   |   |   | 7,136,584 |   |
| Inventories                                            |   |    | 480,318                                                             |   |   |   | 520,372 |   |
| Prepaid expenses and other                             |   |    | 701,711                                                             |   |   |   |   439,744 |   |
| Income taxes refundable                                |   |    |           275,847 |   |   |   | 634,787 |   |
| TOTAL CURRENT ASSETS                                   |   |    | 10,117,544                                                          |   |   |   | 11,310,974 |   |
| LAND, BUILDINGS & EQUIPMENT, net (Note 4)          |   |    | 22,581,314                                                          |   |   |   | 22,975,778 |   |
| OTHER ASSETS:                                          |   |    |                                                                |   |   |   |   |   |
| Marketable investment securities (Note 3)              |   |    | 7,538,332                                                           |   |   |   | 6,466,885 |   |
| Cash surrender value-life insurance                    |   |    | 594,792                                                             |   |   |   | 568,626 |   |
| Other                                                  |   |    | 85,780                                                              |   |   |   | 88,080 |   |
| TOTAL OTHER ASSETS                                     |   |    | 8,218,904                                                           |   |   |   | 7,123,591 |   |
| TOTAL ASSETS                                           |   | $       | 40,917,762                                                          |   |   | $ | 41,410,343 |   |
|                                                   |   |    |                                                                |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                   |   |
| CURRENT LIABILITIES:                                   |   |    |                                                                |   |   |   |   |   |
| Accounts payable                                       |   | $       | 666,784                                                             |   |   | $ | 701,209 |   |
| Accrued expenses                                       |   |    | 1,224,237                                                           |   |   |   | 1,036,225 |   |
| Dividends payable                                      |   |    | 824,235                                                             |   |   |   | 797,781 |   |
| Other current liabilities                              |   |    | 302,394                                                             |   |   |   | 292,920 |   |
| Current deferred income taxes (Note 7)                 |   |    | 53,311                                                              |   |   |   |             61,563 |   |
| TOTAL CURRENT LIABILITIES                              |   |    | 3,070,961                                                           |   |   |   | 2,889,698 |   |
| LONG-TERM DEFERRED COMPENSATION                        |   |    | 43,701                                                              |   |   |   | 47,675 |   |
| NONCURRENT DEFERRED INCOME TAXES (Note 7)              |   |    | 2,501,709                                                           |   |   |   | 2,069,163 |   |
| TOTAL LIABILITIES                                      |   |    | 5,616,371                                                           |   |   |   | 5,006,536 |   |
|                                                   |   |    |                                                                |   |   |   |   |   |
| COMMITMENTS AND CONTINGENCIES (Note 5)                 |   |    |                                                                |   |   |   |   |   |
|                                                   |   |    |                                                                |   |   |   |   |   |
| STOCKHOLDERS' EQUITY (Note 8)                          |   |    |                                                                |   |   |   |   |   |
| Preferred stock, par value $10 a share:                |   |    |                                                                |   |   |   |   |   |
| Authorized and unissued,                               |   |    |                                                                |   |   |   |   |   |
| 2,000,000 shares                                       |   |    | -                                                                   |   |   |   | - |   |
| Common stock, par value $.10 a share:                  |   |    |                                                                |   |   |   |   |   |
| Authorized, 10,000,000 shares                          |   |    |                                                                |   |   |   |   |   |
| Class A issued and outstanding 3,683,009 and 3,678,509 |   |    | 368,301                                                             |   |   |   | 367,851 |   |
| Class B issued and outstanding 1,468,462               |   |    | 146,846                                                             |   |   |   | 146,846 |   |
| Additional paid-in capital                             |   |    | 7,727,264                                                           |   |   |   | 7,672,094 |   |
| Accumulated other comprehensive earnings-              |   |    |                                                                |   |   |   |   |   |
| Unrealized gain on available-for-sale                  |   |    |                                                                |   |   |   |   |   |
| securities, net of tax                                 |   |    | 2,282,954                                                           |   |   |   | 1,728,872 |   |
| Retained earnings                                      |   |    | 24,776,026                                                          |   |   |   | 26,488,144 |   |
| TOTAL STOCKHOLDERS'EQUITY                              |   |    | 35,301,391                                                          |   |   |   | 36,403,807 |   |
|                                                   |   |    |                                                                |   |   |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS'EQUITY              |   | $       | 40,917,762                                                          |   |   | $ | 41,410,343 |   |

----

|                                                  |   | For the Years Ended |       |
|-------------------------------------------------------|--------|---------------------|------------|
|                                                  |   | July 3,             |       |   | June 27, |   |
|                                                  |   | 2011                |       |   | 2010 |   |
| Operating Revenues:                                   |   |                |       |   |   |   |
| Bowling and other                                     |   | $                   | 18,721,460 |   |   | $ | 19,109,668 |   |
| Food, beverage and merchandise sales                  |   |                | 7,782,203  |   |   |   | 7,974,228 |   |
| Gain on sale of land, buildings and equipment         |   |                | 14,187     |   |   |   | 43,177 |   |
|      Total Operating Revenue |   |                | 26,517,850 |   |   |   | 27,127,073 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Operating Expenses:                                   |   |                |       |   |   |   |   |   |
| Employee compensation and benefits                    |   |                | 12,588,313 |   |   |   | 12,543,436 |   |
| Cost of bowling and other services                    |   |                | 7,400,000  |   |   |   | 7,452,046 |   |
| Cost of food, beverage and merchandise sales          |   |                | 2,223,613  |   |   |   | 2,215,625 |   |
| Depreciation and amortization                         |   |                | 1,549,166  |   |   |   | 1,687,150 |   |
| General and administrative                            |   |                | 964,350    |   |   |   | 895,685 |   |
|      Total Operating Expense |   |                | 24,725,442 |   |   |   | 24,793,942 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Operating Income                                      |   |                | 1,792,408  |   |   |   | 2,333,131 |   |
| Interest and dividend income                          |   |                | 579,960    |   |   |   | 529,845 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Earnings before provision for income                  |   |                |       |   |   |   |   |   |
|  Taxes                                           |   |                | 2,372,368  |   |   |   | 2,862,976 |   |
| Provision for income taxes (Note 7)                   |   |                |       |   |   |   |   |   |
|  Current                                         |   |                | 732,186    |   |   |   | 1,127,883 |   |
|  Deferred                                        |   |                | 83,253     |   |   |   | (115,619 | ) |
|                                                  |   |                | 815,439    |   |   |   | 1,012,264 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Net Earnings                                          |   | $                   | 1,556,929  |   |   | $ | 1,850,712 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Earnings per share-basic & diluted                |   | $                   | .30        |   |   | $ | .36 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Weighted average shares outstanding                   |   |                | 5,147,117  |   |   |   | 5,141,102 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Dividends paid                                        |   | $                   | 3,242,593  |   |   | $ | 3,187,444 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Per share, dividends paid, Class A                    |   | $                   | .63        |   |   | $ | .62 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Per share, dividends paid, Class B                    |   | $                   | .63        |   |   | $ | .62 |   |
|                                                  |   |                |       |   |   |   |   |   |
|                                                  |   |                |       |   |   |   |   |   |
| Net Earnings                                          |   | $                   | 1,556,929  |   |   | $ | 1,850,712 |   |
| Other comprehensive earnings- net of tax              |   |                |       |   |   |   |   |   |
| Unrealized gain on available-for–sale           |   |                |       |   |   |   |   |   |
| securities net of tax of                              |   |                |       |   |   |   |   |   |
| $341,043 and $52,548                                  |   |                | 554,082    |   |   |   | 85,375 |   |
|                                                  |   |                |       |   |   |   |   |   |
| Comprehensive earnings                                |   | $                   | 2,111,011  |   |   | $ | 1,936,087 |   |

----

|                                                                         |   | COMMON STOCK  |        |   |          |   |            | Accumulated   |   |   |          |   |
|------------------------------------------------------------------------------|--------|---------------|-------------|--------|---------------|--------|-----------------|---------------|--------|--------|---------------|--------|
|                                                                         |   | Class AShares |        |   | Class AAmount |   |            | Class BShares |   |   | Class BAmount |   |   | AdditionalPaid-InCapital |   |   | OtherComprehensiveEarnings |   |   | RetainedEarnings |   |
| Balance, June 28, 2009                                                       |   |          | 3,672,615   |   |          | $      | 367,261         |          |   |   | 1,468,462     |   |   | $ | 146,846 |   |   | $ | 7,594,615 |   |   | $ | 1,643,497 |   |   | $ | 27,826,978 |   |
| Purchase of stock                                                            |   |          | (106        | )      |          |   | (10             | )             |   |   | -             |   |   |   | - |   |   |   | (161 | ) |   |   | - |   |   |   | (1,189 | ) |
| Shares issued for ESOP                                                       |   |          |  6,000 |   |          |   |   600 |          |   |   | -             |   |   |   | - |   |   |   |  77,640 |   |   |   | - |   |   |   | - |   |
| Cash dividends paid                                                          |   |          | -           |   |          |   | -               |          |   |   | -             |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (2,390,576 | ) |
| Accrued dividends declared                                                   |   |          |        |   |          |   |            |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| June 12, 2010, payable                                                       |   |          |        |   |          |   |            |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| August 4, 2010                                                               |   |          | -           |   |          |   | -               |          |   |   | -             |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (797,781 | ) |
| Change in unrealized gain on                                                 |   |          |        |   |          |   |            |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| available-for-sale securities                                                |   |          |        |   |          |   |            |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (shown net of tax benefit)                                                   |   |          | -           |   |          |   | -               |          |   |   | -             |   |   |   | - |   |   |   | - |   |   |   |   85,375 |   |   |   | - |   |
| Net earnings for the year                                                    |   |          | -           |   |          |   | -               |          |   |   | -             |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 1,850,712 |   |
| Balance, June 27, 2010                                                       |   |          | 3,678,509   |   |          | $      | 367,851         |          |   |   | 1,468,462     |   |   | $ | 146,846 |   |   | $ | 7,672,094 |   |   | $ | 1,728,872 |   |   | $ | 26,488,144 |   |
| Shares issued for ESOP                                                       |   |          |  4,500 |   |          |   |   450 |          |   |   | -             |   |   |   | - |   |   |   |  55,170 |   |   |   | - |   |   |   | - |   |
| Cash dividends paid                                                          |   |          | -           |   |          |   | -               |          |   |   | -             |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (2,444,812 | ) |
| Accrued dividends declared                                                   |   |          |        |   |          |   |            |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| June 21, 2011, payable                                                       |   |          |        |   |          |   |            |          |   |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| August 17, 2011                                                              |   |          | -           |   |          |   | -               |          |   |   | -             |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (824,235 | ) |
| Change in unrealized gain on available-for-salesecurities (shown net of tax) |   |          | -           |   |          |   | -               |          |   |   | -             |   |   |   | - |   |   |   | - |   |   |   |   554,082 |   |   |   | - |   |
| Net earnings for the year                                                    |   |          | -           |   |          |   | -               |          |   |   | -             |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 1,556,929 |   |
| Balance, July 3, 2011                                                        |   |          | 3,683,009   |   |          | $      | 368,301         |          |   |   | 1,468,462     |   |   | $ | 146,846 |   |   | $ | 7,727,264 |   |   | $ | 2,282,954 |   |   | $ | 24,776,026 |   |

----

|                                                      |   | For the Years Ended |                            |
|-----------------------------------------------------------|--------|---------------------|---------------------------------|
|                                                      |   | July 3,             |                            |   | June 27, |   |
|                                                      |   | 2011                |                            |   | 2010 |   |
| Cash Flows From Operating Activities                      |   |                |                            |   |   |   |
| Net earnings                                              |   | $                   | 1,556,929                       |   |   | $ | 1,850,712 |   |
| Adjustments to reconcile net earnings                     |   |                |                            |   |   |   |   |   |
|  to net cash provided by                             |   |                |                            |   |   |   |   |   |
|  operating activities:                               |   |                |                            |   |   |   |   |   |
| Depreciation and amortization                             |   |                | 1,549,166                       |   |   |   | 1,687,150 |   |
| Increase (decrease) in deferred income tax                |   |                |  83,251                    |   |   |   | ( 115,619 | ) |
| Gain on disposition of assets-net                         |   |                | (14,187                         | ) |   |   | (43,177 | ) |
| Stock issuance – ESOP plan                          |   |                | 55,620                          |   |   |   |  78,240 |   |
| Changes in assets and liabilities                         |   |                |                            |   |   |   |   |   |
| Decrease (increase) in inventories                        |   |                |  40,054                    |   |   |   |  (10,479 | ) |
| (Increase) decrease in prepaid and other                  |   |                |   (261,967            | ) |   |   | 13,263 |   |
| Decrease (increase) in income taxes refundable            |   |                | 358,940                         |   |   |   | (208,130 | ) |
| Decrease in other long-term assets                        |   |                | 2,300                           |   |   |   | 11,700 |   |
| Decrease in accounts payable                              |   |                | ( 34,425                        | ) |   |   | (216,086 | ) |
| Increase (decrease) in accrued expenses                   |   |                | 188,012                         |   |   |   | (49,475 | ) |
| Increase (decrease) increase in other current liabilities |   |                |   9,474               |   |   |   | (49,484 | ) |
| Decrease in long-term deferred compensation               |   |                | (3,974                          | ) |   |   | (3,733 | ) |
| Net cash provided by operating activities                 |   |                | 3,529,193                       |   |   |   | 2,944,882 |   |
|                                                      |   |                |                            |   |   |   |   |   |
| Cash Flows From Investing Activities                      |   |                |                            |   |   |   |   |   |
| Expenditures for land, building and equipment             |   |                | (1,163,265                      | ) |   |   | (942,214 | ) |
| Sale of assets                                            |   |                | 22,750                          |   |   |   | 43,383 |   |
| Net sales and maturities of short-term                    |   |                |                            |   |   |   |   |   |
|   investments                                   |   |                | 838,762                         |   |   |   |   423,611 |   |
| Purchases of marketable securities                        |   |                | (176,322                        | ) |   |   | (134,693 | ) |
| Increase in cash surrender value                          |   |                | (26,166                         | ) |   |   |   (26,490 | ) |
|                                                      |   |                |                            |   |   |   |   |   |
|  Net cash used in investing activities               |   |                | (504,241                        | ) |   |   | (  636,403 | ) |
|                                                      |   |                |                            |   |   |   |   |   |
| Cash Flows From Financing Activities                      |   |                |                            |   |   |   |   |   |
| Payment of cash dividends                                 |   |                | (3,242,593                      | ) |   |   | (3,187,444 | ) |
| Purchase of Class A Common Stock                          |   |                |      - |   |   |   | (1,360 | ) |
|                                                      |   |                |                            |   |   |   |   |   |
| Net cash used in financing activities                     |   |                | (3,242,593                      | ) |   |   | (3,188,804 | ) |
|                                                      |   |                |                            |   |   |   |   |   |
| Net (Decrease) increase in Cash and Equivalents           |   |                | (217,641                        | ) |   |   |  (880,325 | ) |
|                                                      |   |                |                            |   |   |   |   |   |
| Cash and Equivalents, Beginning of period                 |   |                | 2,579,487                       |   |   |   | 3,459,812 |   |
|                                                      |   |                |                            |   |   |   |   |   |
| Cash and Equivalents, End of period                       |   | $                   | 2,361,846                       |   |   | $ | 2,579,487 |   |
|                                                      |   |                |                            |   |   |   |   |   |
| Supplemental Disclosures of Cash Flow Information         |   |                |                            |   |   |   |   |   |
| Cash Paid During the Period for:                          |   |                |                            |   |   |   |   |   |
| Income taxes                                              |   | $                   |   373,246             |   |   | $ | 1,333,544 |   |

----

----

| Bowling lanes and equipment   | 3-10 years  |
|------------------------------------|-------------|
| Building and building improvements | 10-39 years |
| Leasehold improvements        | 5-10 years  |
| Amusement games               | 3-5 years   |

----

----

| 2.   | CASH AND CASH EQUIVALENTS |
|----------------|---------------------------|

|                             |   |    |      |   |     |   |
|----------------------------------|--------|---------|-----------|--------|----------|--------|
|                             |   | July 3, |      |   | June 27, |   |
|                             |   | 2011    |      |   | 2010     |   |
| Demand deposits and cash on hand |   | $       | 1,600,965 |   |     | $      | 1,486,403 |   |
| Money market funds               |   |    | 760,881   |   |     |   | 755,671 |   |
| Repurchase agreements            |   |    | -         |   |     |   | 337,413 |   |
|                             |   | $       | 2,361,846 |   |     | $      | 2,579,487 |   |

| 3.   | INVESTMENTS |
|----------------|-------------|

|                    |   |
|------------------------------|--------|
|               |   |
|                         |   |  Original |   |   |  Unrealized |   |   |  Unrealized  |   |   |  Fair |   |
|                         |   |  Cost |   |   |  Gain |   |   |  Loss |   |   |  Value |   |
| July 3, 2011                 |   |   |   |   |   |   |   |   |   |   |   |   |
| Equity securities            |   | $ | 710,799 |   |   | $ | 3,528,860 |   |   | $ | (3,745 | ) |   | $ | 4,235,914 |   |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Mutual fund                  |   |   | 3,139,399 |   |   |   | 163,019 |   |   |   | - |   |   |   | 3,302,418 |   |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Certificates of deposits     |   |   | 6,297,822 |   |   |   | - |   |   |   | - |   |   |   | 6,297,822 |   |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| June 27, 2010                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Equity securities            |   | $ | 710,799 |   |   | $ | 2,613,973 |   |   | $ | (2,683 | ) |   | $ | 3,322,089 |   |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Mutual fund                  |   |   | 2,963,078 |   |   |   | 181,718 |   |   |   | - |   |   |   | 3,144,796 |   |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Certificates of deposits and |   |   |   |   |   |   |   |   |   |
| U. S. Treasury securities    |   |   | 7,136,584 |   |   |   | - |   |   |   | - |   |   |   | 7,136,584 |   |

----

|              |   |                |            |   |                 |   |   |   |   |   |       |   |   |   |   |   |       |   |
|-------------------|--------|---------------------|-----------------|--------|----------------------|--------|--------|--------|--------|--------|------------|--------|--------|--------|--------|--------|------------|--------|
| July 3, 2011      |   | Less than 12 months |            |   | 12 Months or greater |   |   | Total  |   |
|              |   | Fair                |            |   | Unrealized           |   |   | Fair   |   |   | Unrealized |   |   | Fair   |   |   | Unrealized |   |
|              |   | Value               |            |   | loss                 |   |   | Value  |   |   | loss       |   |   | Value  |   |   | loss       |   |
| Equity securities |   | $                   | 3,444           |   |                 | $      | (1,571 | )      |   | $      | 3,671      |   |   | $      | (2,174 | )      |       | $      | 7,115 |   |   | $ | (3,745 | ) |
|              |   |                |            |   |                 |   |   |   |   |   |       |   |   |   |   |   |       |   |   |   |   |   |   |   |
|              |   |                |            |   |                 |   |   |   |   |   |       |   |   |   |   |   |       |   |   |   |   |   |   |   |
| June 27, 2010     |   | Less than 12 months |            |   | 12 Months or greater |   |   | Total  |   |
|              |   | Fair                |            |   | Unrealized           |   |   | Fair   |   |   | Unrealized |   |   | Fair   |   |   | Unrealized |   |
|              |   | Value               |            |   | loss                 |   |   | Value  |   |   | loss       |   |   | Value  |   |   | loss       |   |
| Equity securities |   | $                   | - $ - |   |                 | $      |   |   |   | $      | 2,332      |   |   | $      | (2,683 | )      |       | $      | 2,332 |   |   | $ | (2,683 | ) |

| 82,112 | shares | of | AT&T                 |
|--------|--------|----|--------------------------|
| 4,398  | shares | of | CenturyLink              |
| 354    | shares | of | Fairpoint Communications |
| 4,508  | shares | of | Frontier Communications  |
| 939    | shares | of | SuperMedia               |
| 475    | shares | of | LSI                      |
| 40,000 | shares | of | Sprint Nextel            |
| 18,784 | shares | of | Verizon                  |
| 11,865 | shares | of | Vodafone                 |
| 4,079  | shares | of | Windstream               |

|   | Level 1.  | Observable inputs such as quoted prices in active markets for identical assets or liabilities; |
|--------|----------------|------------------------------------------------------------------------------------------------|

|   | Level 2.  | Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and |
|--------|----------------|----------------------------------------------------------------------------------------------------------------|

|   | Level 3. | Unobservable inputs in which there is little or no market data, which  require the reporting entity to develop its own assumptions. |
|--------|----------|-----------------------------------------------------------------------------------------------------------------------------------------------|

----

|                     |   | Quoted   |      |   | Significant |   |      |         |   |   | Unrealized     |   |   | Cumulative     |    |
|--------------------------|--------|--------------------|-----------|--------|-------------|--------|-----------|--------------|--------|--------|----------------|--------|--------|----------------|---------|
|                     |   | Price for          |      |   | Other       |   |      | Significant  |   |   | gains/(losses) |   |   | Unrealized     |    |
|                     |   | Identical          |      |   | Observable  |   |      | Unobservable |   |   | for the        |   |   | gains/(losses) |    |
|                     |   | Assets             |      |   | Inputs      |   |      | Inputs       |   |   | Year Ended     |   |   | as of          |    |
| Description              |   | (Level1)           |      |   | (Level 2)   |   |      | (Level 3)    |   |   | July 3,2011    |   |   | July 3,2011    |    |
| Equity securities        |   | $                  | 4,235,914 |   |        | $      | -         |         |   | $      | -              |   |   | $              | 913,824 |   |   | $ | 3,525,114 |   |
| Mutual fund              |   |               | 3,302,418 |   |        |   | -         |         |   |   | -              |   |   |           | (18,699 | ) |   |   | 163,019 |   |
| Certificates of deposits |   |               | -         |   |        |   | 6,297,822 |         |   |   | -              |   |   |           | -       |   |   |   | - |   |
| TOTAL                    |   | $                  | 7,538,332 |   |        | $      | 6,297,822 |         |   |   | -              |   |   | $              | 895,125 |   |   | $ | 3,688,133 |   |

|                     |   | Quoted    |      |   | Significant |   |      |         |   |   | Unrealized     |   |   | Cumulative     |    |
|--------------------------|--------|-----------|-----------|--------|-------------|--------|-----------|--------------|--------|--------|----------------|--------|--------|----------------|---------|
|                     |   | Price for |      |   | Other       |   |      | Significant  |   |   | gains/(losses) |   |   | Unrealized     |    |
|                     |   | Identical |      |   | Observable  |   |      | Unobservable |   |   | for the        |   |   | gains/(losses) |    |
|                     |   | Assets    |      |   | Inputs      |   |      | Inputs       |   |   | Year Ended     |   |   | as of          |    |
| Description              |   | (Level 1) |      |   | (Level 2)   |   |      | (Level 3)    |   |   | June 27, 2010  |   |   | June 27, 2010  |    |
|                     |   |      |      |   |        |   |      |         |   |   |           |   |   |           |    |
| Equity securities        |   | $         | 3,322,089 |   |        | $      | -         |         |   | $      | -              |   |   | $              | 36,429  |   |   | $ | 2,611,290 |   |
|                     |   |      |      |   |        |   |      |         |   |   |           |   |   |           |    |   |   |   |   |   |
| Mutual fund              |   |      | 3,144,796 |   |        |   | -         |         |   |   | -              |   |   |           | 101,494 |   |   |   | 181,718 |   |
|                     |   |      |      |   |        |   |      |         |   |   |           |   |   |           |    |   |   |
| Certificates of deposits |   |      | -         |   |        |   | 7,136,584 |         |   |   | -              |   |   |           | -       |   |   |   | - |   |
| TOTAL                    |   | $         | 6,466,885 |   |        | $      | 7,136,584 |         |   |   | -              |   |   | $              | 137,923 |   |   | $ | 2,793,008 |   |

| 4. | LAND, BUILDINGS, AND EQUIPMENT |
|----|--------------------------------|

|                                                                                                                                                                                                                                                                     |   | July 3, |          |   | June 27,   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|---------------|--------|------------|--------|
|                                              |   | 2011    |          |   |  2010 |   |
|                                                                                                                                                                                                                                                                     |   |    |          |   |       |   |
| Buildings                                                                                                                                                                                                                                                                |   | $       | 17,908,793    |   |       | $      | 17,541,393 |   |
| Leasehold and building improvements                                                                                                                                                                                                                                      |   |    | 7,817,752     |   |       |   | 7,561,489 |   |
| Bowling lanes and equipment                                                                                                                                                                                                                                              |   |    | 22,796,335    |   |       |   | 22,625,259 |   |
| Land                                                                                                                                                                                                                                                                     |   |    | 10,590,450    |   |       |   | 10,590,450 |   |
| Amusement games                                                                                                                                                                                                                                                          |   |    | 821,819       |   |       |   | 848,640 |   |
| Bowling lanes and equipment not yet in use                                                                                                                                                                                                                               |   |    |  216,545 |   |       |   |  154,343 |   |
|                                                                                                                                                                                                                                                                     |   |    | 60,151,694    |   |       |   | 59,321,574 |   |
| Less accumulated depreciation and amortization                                                                                                                                                                                                                      |   |    | 37,570,380    |   |       |   | 36,345,796 |   |
|                                                                                                                                                                                                                                                                     |   | $       | 22,581,314    |   |       | $      | 22,975,778 |   |

----

| 5. | COMMITMENTS AND CONTINGENCIES |
|----|-------------------------------|

| Year Ending                  |   |   |         |
|------------------------------|--------|--------|--------------|
| 2012                         |   | $      | 288,000      |   |
| 2013                         |   |   | 288,000      |   |
| 2014                         |   |   | 280,667      |   |
| 2015                         |   |   |  16,667 |   |
| Total minimum lease payments |   | $      | 873,334      |   |

|                                |   | For the Years Ended |      |
|-------------------------------------|--------|---------------------|-----------|
|                                |   | July 3,             |      |   | June 27, |   |
|                                |   | 2011                |      |   | 2010 |   |
|                                |   |                |      |   |   |   |
| Minimum rent under operating leases |   | $                   | 288,000   |   |   | $ | 287,067 |   |
| Excess percentage rents             |   |                |  767 |   |   |   |  3,675 |   |
|                                |   | $                   | 288,767   |   |   | $ | 290,742 |   |

| 6. | PROFIT-SHARING AND ESOP PLAN |
|----|------------------------------|

----

| 7. | INCOME TAXES |
|----|--------------|

|                                                                                                    |   | July 3, |          |   | June 27, |   |
|---------------------------------------------------------------------------------------------------------|--------|---------|---------------|--------|----------|--------|
|                                                                                                    |   | 2011    |          |   | 2010     |   |
|          Deferred tax:                                     |   |    |          |   |     |   |
|             Land, buildings, and equipment  |   | $       | 1,169,898     |   |     | $      | 1,093,463 |   |
|             Unrealized gain on available-   |   |    |          |   |     |   |   |   |
|               for-sale securities |   |    | 1,405,218     |   |     |   | 1,064,136 |   |
|             Prepaid expenses and other      |   |    |  (20,097 | )      |     |   |  (26,873 | ) |
|          Deferred tax liabilities                          |   | $       | 2,555,019     |   |     | $      | 2,130,726 |   |

|                                                 |   |  For the Years Ended |    |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------|---------|
|                                                                                                                                                                                                                                                                                       |   | 2011                      |    |   | 2010 |   |
| Taxes computed at statutory rate                                                                                                                                                                                                                                                           |   |                      | 34.0    | % |   |   | 34.0 | % |
| State income taxes, net of Federal income tax benefit                                                                                                                                                                                                                                      |   |                      | 3.7     |   |   |   | 3.2 |   |
| Dividends received exclusion                                                                                                                                                                                                                                                               |   |                      | (3.3    | ) |   |   | (1.9 | ) |
| All other net                                                                                                                                                                                                                                                                              |   |                      |  - |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                       |   |                      | 34.4    | % |   |   | 35.3 | % |

| 8. | STOCKHOLDERS' EQUITY |
|----|----------------------|

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| 9. | DEFERRED COMPENSATION |
|----|-----------------------|