EQUITY TRANSACTIONS (Tables)

12 Months Ended

Jun. 30, 2015

EQUITY TRANSACTIONS [Abstract]

Stock options exercised to purchase common stock

During the years ended June 30, 2015, 2014 and 2013, stock options to purchase shares of the Company’s common stock were exercised as follows:

	Year Ended June 30,
	2015		2014		2013
Options Exercised		61,109		13,125		100,445
Proceeds (in thousands)	$	139	$	47	$	162
Average exercise price per share	$	2.30	$	3.53	$	1.62

Schedule of share repurchases

During the years ended June 30, 2015, 2014 and 2013, shares were repurchased as follows:

	Year Ended June 30,
	2015		2014		2013
Shares repurchased		29,449		136,441		25,360
Cash paid for shares repurchased (in thousands)	$	128	$	607	$	74
Average price paid per share	$	4.35	$	4.45	$	2.93