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EARNINGS PER SHARE (Tables)
 6 Months Ended
Dec. 31, 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
  
Six-Months Ended
 
 
 
December 31,
  
December 31,
 
 
 
2013
  
2012
  
2013
  
2012
 
 
 
(Unaudited)
  
(Unaudited)
 
 
 
  
  
  
 
Net income (loss), as reported
 
$
120
  
$
(428
)
 
$
242
  
$
(1,067
)
 
                
Weighted average common shares outstanding
  
15,295
   
15,232
   
15,319
   
15,221
 
Effect of dilutive stock options
  
143
   
-
   
83
   
-
 
Weighted average diluted common shares outstanding
  
15,438
   
15,232
   
15,402
   
15,221
 
 
                
Net income (loss) per common share
                
Basic
 
$
0.01
  
$
(0.03
)
 
$
0.02
  
$
(0.07
)
Diluted
 
$
0.01
  
$
(0.03
)
 
$
0.02
  
$
(0.07
)
 
                
Employee stock options excluded from computation of dilutive income (loss) per share amounts because their effect would be anti-dilutive
  
445
   
851
   
653
   
831