Earnings (Loss) Per Common Share (Tables)

3 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table summarizes the computation of basic and diluted earnings (loss) per share:

	THREE MONTHS ENDED
	September 30,
	2016			2015
	(In thousands, except share and per share amounts)
Loss from continuing operations, net of tax	$	(2,195	)	$	(2,040	)
Preferred stock dividend	(162		)	(452		)
Adjustment of preferred stock to redemption value (Note 12)	162			—
Net loss from continuing operations, including preferred stock dividends and gain on redemption of preferred stock	(2,195		)	(2,492		)
Net income (loss) from discontinued operations	830			(1,011		)
Net loss attributable to common stockholders	$	(1,365	)	$	(3,503	)
Basic weighted average shares outstanding	5,836,744			5,702,780
Add: dilutive effects of convertible preferred stock	—			—
Diluted weighted average common shares outstanding	5,836,744			5,702,780
Basic and diluted earnings (loss) per common share:
Net loss from continuing operations, including preferred stock dividends and adjustment to redemption value of preferred stock	$(0.38)			$(0.44)
Net income (loss) from discontinued operations	$0.14			$(0.18)
Net loss attributable to common stockholders	$(0.23)			$(0.61)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Potentially dilutive securities excluded from the calculation of diluted shares outstanding are as follows:

	THREE MONTHS ENDED
	September 30,
	2016	2015
In-the-money stock options	—	—
Common shares issuable upon conversion of Series A Preferred Stock	2,834,293	2,690,553
Total	2,834,293	2,690,553