Share-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Stock option activity under the Company’s stock option plans for employees and non-executive directors for the period ended March 31, 2016 is as follows:

Employees Information	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic value
Outstanding July 1, 2015		-	$	-		-	$	-
Options acquired in merger		182,259		12.45		-		-
Granted		-		-		-		-
Expired/forfeited		-		-		-		-
Outstanding March 31, 2016		182,259		12.45		6.55		49,160
Exercisable March 31, 2016		137,151		13.15		3.14		47,580
Expected to vest at March 31, 2016		35,311	$	10.42		6.59	$	1,238

Non-Executive Director Information	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic value
Outstanding July 1, 2015		-	$	-		-	$	-
Options acquired in merger		433,882		4.46		-		-
Granted		-		-		-		-
Expired/forfeited		-		-		-		-
Outstanding and exercisable March 31, 2016		433,882	$	4.46		7.97	$	481,862