Stockholders' Equity

9 Months Ended

Mar. 31, 2014

Stockholders Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Note 10 - Stockholders’ Equity

Changes in issued Common Stock and Stockholders’ Equity for the nine month period ended March 31, 2014 were as follows:

	Common Stock				Treasury Stock				Retained
	Shares		Amount		Shares		Amount		Earnings		Total
Balance June 30, 2013		8,828,103	$	32,210,000		202,075	$	(1,926,000)	$	40,425,000	$	70,709,000
Restricted stock grants		33,100		—		—		—		—		—
Stock based compensation expense		—		530,000		—		—		—		530,000
Stock options exercised		17,389		142,000		—		—		—		142,000
Tax asset from vested restricted stock and stock options exercised		—		138,000		—		—		—		138,000
Net income		—		—		—		—		7,837,000		7,837,000
Dividends ($0.77 per share)		—		—		—		—		(6,679,000)		(6,679,000)
Balance March 31, 2014		8,878,592	$	33,020,000		202,075	$	(1,926,000)	$	41,583,000	$	72,677,000

At March 31, 2014 and June 30, 2013, 20,000,000 shares of Common Stock, no par value, were authorized.