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EARNINGS PER SHARE (Tables)
6 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following information is necessary to calculate earnings per share for the periods presented (in thousands, except per-share data):
 
 
Three-Months Ended
December 31,
 
Six-Months Ended
December 31,
 
 
2019
 
2018
 
2019
 
2018
Net income, as reported
 
$
970

 
$
779

 
$
1,656

 
$
849

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
16,225

 
16,100

 
16,185

 
16,091

Effect of dilutive stock options
 
78

 
6

 
51

 
7

Weighted average diluted common shares outstanding
 
16,303

 
16,106

 
16,236

 
16,098

 
 
 
 
 
 
 
 
 
Net income per common share
 
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
 
Basic and diluted
 
$
0.06

 
$
0.05

 
$
0.10

 
$
0.05

 
 
 
 
 
 
 
 
 
Employee stock options excluded from computation of dilutive income per share amounts because their effect would be anti-dilutive
 
616

 
684

 
645

 
684