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EARNINGS PER SHARE (Tables)
 3 Months Ended
Sep. 30, 2013
EARNINGS PER SHARE [Abstract]  
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
 
 
 
September 30,
 
 
 
2013
  
2012
 
 
 
(Unaudited)
 
 
 
  
 
Net income (loss), as reported
 
$
122
  
$
(639
)
 
        
Weighted average common shares outstanding
  
15,343
   
15,209
 
Effect of dilutive stock options
  
23
   
-
 
Weighted average diluted common shares outstanding
  
15,366
   
15,209
 
 
        
Net income (loss) per common share
        
    Basic
 
$
0.01
  
$
(0.04
)
    Diluted
 
$
0.01
  
$
(0.04
)
 
        
 Employee stock options excluded from computation of dilutive income (loss) per share amounts because their  effect would be anti-dilutive
  
769
   
785