Nature of Business and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2015

Schedule of intangible assets

Changes in intangible assets are as follows (in thousands):

	March 31, 2015						June 30, 2014
	Cost		Accumulated amortization		Net book value		Cost		Accumulated amortization		Net book value
Customer relationships	$	9,800	$	(6,666)	$	3,134	$	9,800	$	(6,203)	$	3,597
Non-compete agreement		340		(322)		18		340		(285)		55
Trade name		5,900		—		5,900		5,900		—		5,900
	$	16,040	$	(6,988)	$	9,052	$	16,040	$	(6,488)	$	9,552

Schedule of Earnings Per Share Reconciliation

The following provides a reconciliation of information used in calculating the per share amounts for the three months ended March 31 (in thousands, except per share data):

	Net Income				Weighted Average Shares				Net Income per Share
	2015		2014		2015		2014		2015		2014
Basic EPS	$	395	$	650		19,066		19,416	$	0.02	$	0.03
Effect of Dilutive Securities:
Stock Options		—		—		7		55		—		—
Diluted EPS	$	395	$	650		19,073		19,471	$	0.02	$	0.03

The following provides a reconciliation of information used in calculating the per share amounts for the nine months ended March 31 (in thousands, except per share data):

	Net Income				Weighted Average Shares				Net Income per Share
	2015		2014		2015		2014		2015		2014
Basic EPS	$	1,505	$	1,141		19,225		19,382	$	0.08	$	0.06
Effect of Dilutive Securities:
Stock Options		—		—		4		37		—		—
Diluted EPS	$	1,505	$	1,141		19,229		19,419	$	0.08	$	0.06