Stock Options (Tables)

6 Months Ended

Dec. 31, 2017

2012 Employee 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,:

	2017				2016
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		70,600	$	5.84		112,500	$	5.54
Granted		20,000		8.97		5,000		8.15
Terminated/Lapsed		—		—		(400)		6.31
Exercised		(2,500)		6.31		(1,500)		6.31
Outstanding, end of period		88,100	$	6.53		115,600	$	5.64
Exercisable, end of period		60,300	$	6.03		74,500	$	5.57
Weighted average fair value at grant date of options granted	$	111,000			$	26,000
Total intrinsic value of options exercised	$	7,000			$	9,000
Total intrinsic value of options outstanding	$	279,000			$	331,000
Total intrinsic value of options exercisable	$	221,000			$	218,000

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, 2017:

	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
$4.29-$9.63		88,100		7.3	$	6.53		60,300	$	6.03
		88,100		7.3	$	6.53		60,300	$	6.03

2012 Non-Employee 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,:

	2017				2016
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		14,200	$	4.69		35,000	$	4.73
Granted		15,000		8.70		—		—
Terminated/Lapsed		—		—		—		—
Exercised		—		—		(5,200)		4.76
Outstanding, end of period		29,200	$	6.75		29,800	$	4.73
Exercisable, end of period		15,200	$	5.53		20,800	$	4.76
Weighted average fair value at grant date of options granted	$	83,000				n/a
Total intrinsic value of options exercised		n/a			$	25,000
Total intrinsic value of options outstanding	$	86,000			$	112,000
Total intrinsic value of options exercisable	$	63,000			$	78,000

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, 2017:

	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 - $8.70		29,200		8.1	$	6.75		15,200	$	5.53
		29,200		8.1	$	6.75		15,200	$	5.53

2002 Employee Stock Option Plan [Member]

Schedule of Share-based Compensation, Stock Options, Activity

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

	2017				2016
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		5,000	$	5.35		102,500	$	6.04
Granted		—		—		—		—
Terminated/Lapsed		—		—		(10,500)		6.02
Exercised		(5,000)		5.35		(52,000)		6.31
Outstanding, end of period		—	$	—		40,000	$	5.69
Exercisable, end of period		—	$	—		40,000	$	5.69
Weighted average fair value at grant date of options granted		n/a				n/a
Total intrinsic value of options exercised	$	20,000			$	114,000
Total intrinsic value of options outstanding		n/a			$	113,000
Total intrinsic value of options exercisable		n/a			$	113,000