XML 20 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
STOCK-BASED COMPENSATION
9 Months Ended
Mar. 31, 2015
Stock-based Compensation  
STOCK-BASED COMPENSATION

 The Company recognizes the cost of employee services received in exchange for awards of equity instruments based on the grant-date fair value of those awards.  The Company records compensation expense on a straight-line basis.  The fair value of options granted are estimated at the date of grant using a Black-Scholes option pricing model with assumptions for the risk-free interest rate, expected life, volatility, dividend yield and forfeiture rate.