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EMPLOYEE STOCK PURCHASE PLAN
12 Months Ended
Jun. 30, 2012
Employee Stock Purchase Plan Disclosure [Text Block]

NOTE 14: EMPLOYEE STOCK PURCHASE PLAN


The Company has an Employee Stock Purchase Plan (“ESPP”), providing employees who elect to participate with the ability to purchase common stock at a 5% discount from the market value of such stock through payroll deductions of an amount between 1% and 10% of compensation. Previously, the ESPP provided for a 10% discount from market value and ceased being available for participation during fiscal 2009. The Company reinstated the amended ESPP effective July 1, 2012 with quarterly offerings to eligible employees. The total number of shares of common stock available under the ESPP is 535,529.