Stock Options (Tables)

6 Months Ended

Dec. 31, 2016

Employee 2012 Stock Option Plan [Member]

Schedule of Share-based Compensation, Stock Options, Activity

The following table reflects activity under the 2012 Plan for the six months ended December 31,:

	2016				2015
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		112,500	$	5.54		112,500	$	5.30
Granted		5,000		8.15		—		—
Terminated/Lapsed		(400)		6.31		(15,000)		4.29
Exercised		(1,500)		6.31		—		—
Outstanding, end of period		115,600	$	5.64		97,500	$	5.46
Exercisable, end of period		74,500	$	5.57		53,500	$	5.54
Weighted average fair value at grant date of options granted	$	26,000				n/a
Total intrinsic value of options exercised	$	9,000				n/a
Total intrinsic value of options outstanding	$	331,000			$	61,000
Total intrinsic value of options exercisable	$	218,000			$	30,000

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table summarizes information about stock options outstanding under the 2012 Employee Plan at December 31, 2016:

		Options outstanding						Options exercisable
Range of exercise prices		Number outstanding		Weighted average remaining contractual life		Weighted average exercise price		Number exercisable		Weighted average exercise price
	$4.88-$8.15		115,600		7.5	$	5.64		74,500	$	5.57
			115,600		7.5	$	5.64		74,500	$	5.57

Non Employee 2012 Stock Option Plan [Member]

Schedule of Share-based Compensation, Stock Options, Activity

The following table reflects activity under the 2012 Non-Employee Plan for the six months ended December 31,:

	2016				2015
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		35,000	$	4.73		35,000	$	4.73
Granted		—		—		—		—
Terminated/Lapsed		—		—		—		—
Exercised		(5,200)		4.76		—		—
Outstanding, end of period		29,800	$	4.73		35,000	$	4.73
Exercisable, end of period		20,800	$	4.76		19,000	$	4.77
Weighted average fair value at grant date of options granted		n/a				n/a
Total intrinsic value of options exercised	$	25,000				n/a
Total intrinsic value of options outstanding	$	112,000			$	41,000
Total intrinsic value of options exercisable	$	78,000			$	21,000

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table summarizes information about stock options outstanding under the 2012 Non-Employee Plan at December 31, 2016:

		Options outstanding						Options exercisable
Range of exercise prices		Number outstanding		Weighted average remaining contractual life		Weighted average exercise price		Number exercisable		Weighted average exercise price
	$4.37 - $4.88		29,800		7.0	$	4.73		20,800	$	4.76
			29,800		7.0	$	4.73		20,800	$	4.76

Employee Stock Option Plan 2002 [Member]

Schedule of Share-based Compensation, Stock Options, Activity

The following table reflects activity under the 2002 Employee plan for the six months ended December 31,:

	2016				2015
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		102,500	$	6.04		208,500	$	6.86
Granted		—		—		—		—
Terminated/Lapsed		(10,500)		6.02		(1,000)		6.02
Exercised		(52,000)		6.31		(67,500)		5.73
Outstanding, end of period		40,000	$	5.69		140,000	$	7.41
Exercisable, end of period		40,000	$	5.69		140,000	$	7.41
Weighted average fair value at grant date of options granted		n/a				n/a
Total intrinsic value of options exercised	$	114,000			$	11,000
Total intrinsic value of options outstanding	$	113,000			$	9,000
Total intrinsic value of options exercisable	$	113,000			$	9,000

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table summarizes information about stock options outstanding under the 2002 Employee Plan at December 31, 2016:

		Options outstanding and exercisable
Range of exercise prices		Number outstanding		Weighted average remaining contractual life		Weighted average exercise price
	$5.35 - $5.89		40,000		0.8	$	5.69
			40,000		0.8	$	5.69